Business Performance Metrics - The company emphasizes the importance of key business metrics such as Monthly Transacting Users, Assets on Platform, and Trading Volume, which are critical for evaluating performance[17] - A substantial portion of total revenue is dependent on the prices of crypto assets, particularly Bitcoin, Ethereum, and stablecoin revenue from USDC, indicating potential risks if these areas decline[26] - The company anticipates volatility in net income due to changes in fair values associated with investments, which could materially impact financial statements[29] Financial Outlook - Future financial performance is expected to fluctuate significantly due to the volatile nature of crypto assets, impacting net revenue and operating expenses[26] - The regulatory landscape remains uncertain, and compliance with evolving laws is crucial for maintaining operational integrity and financial health[26] Strategic Initiatives - The company plans to continue expanding internationally and developing new products and services to meet changing customer demands and competitive pressures[21] - Future acquisitions or investments in complementary companies are planned, with a focus on successful integration to enhance business capabilities[21] - Strategic partnerships and collaborations are essential for growth, but failures in these relationships could adversely affect business operations[26] Legal and Compliance Risks - The company is subject to various legal proceedings that may impact financial condition and results of operations, requiring significant judgment in estimating liabilities[540] Security and User Control - The company utilizes a self-custodied wallet model, allowing users to hold their private keys, which enhances security and user control[19]

Fourth Quarter and Full Year 2024 February 13, 2025 Fellow Shareholders, Coinbase delivered strong Q4 and full year 2024 results, with full year revenue of $6.6 billion, net income of $2.6 billion, and Adjusted EBITDA of $3.3 billion. Zooming out, the last few months have demonstrated a sea change in the regulatory environment, unlocking new opportunities for Coinbase and the crypto industry. It's the dawn of a new era for crypto. Crypto's voice was heard loud and clear in the US elections, and the era of r ...

Coinbase Global Inc COIN will be reporting its fourth-quarter earnings on Thursday. Wall Street expects $1.81 in EPS and $1.83 billion in revenues as the company reports after market hours.The stock is up 108.50% over the past year, 13.80% YTD.Let’s look at what the charts indicate for Coinbase stock and how the stock maps against Wall Street estimates.Read Also: Top Wall Street Forecasters Revamp Coinbase Price Expectations Ahead Of Q4 EarningsCOIN Stock Strongly Bullish Ahead Of Q4 Earnings Chart created ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Coinbase Global, Inc. (COIN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Coinbase Global, Inc. is a member of our Finance group, which includes 871 different companies ...

Core Viewpoint - Coinbase is set to release its fourth-quarter financial results on February 13, 2025, with expectations of significant growth in earnings and revenue compared to the previous year [1] Financial Performance - Analysts predict Coinbase will report quarterly earnings of $2.13 per share, an increase from $1.04 per share in the same quarter last year [1] - The projected quarterly revenue is $1.84 billion, up from $953.79 million a year earlier [1] Analyst Ratings and Price Targets - HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating and raises the price target from $255 to $330 [3] - Needham analyst John Todaro also maintains a Buy rating but lowers the price target from $420 to $330 [3] - Mizuho analyst Dan Dolev upgrades the stock from Underperform to Neutral and raises the price target from $250 to $290 [3] - Oppenheimer analyst Owen Lau keeps an Outperform rating but cuts the price target from $358 to $334 [3] - Keefe, Bruyette & Woods analyst Kyle Voigt maintains a Market Perform rating and reduces the price target from $275 to $255 [3] Stock Performance - Coinbase shares increased by 3% to close at $274.90 on Wednesday [2] - The company has beaten analysts' revenue estimates in seven of the last ten quarters, despite missing estimates in the third quarter [2]

The leading cryptocurrency exchange still has a bright future.Coinbase (COIN 3.00%), one of the world's largest cryptocurrency exchanges, went public via a direct listing in April 2021. Its stock opened at $381, jumped as high as $429.54 during intraday trading, and ended its first day at $328.28. It went through some wild swings and eventually rose to its all-time high of $357.39 seven months later.At the time, the buying frenzy in cryptocurrencies -- which was driven by low interest rates, social media bu ...

Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation.The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter who requested anonymity as deliberations are ongoing and private. Coinbase’s work on its comeback follows a tumultuous history in the ...

Coinbase Global Inc. (COIN) is expected to register an improvement in its top line but a decline in its bottom line when it reports fourth-quarter 2024 results on Feb. 13, after the closing bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for COIN’s fourth-quarter revenues is pegged at $1.6 billion, indicating 67.2% growth from the year-ago reported figure.The consensus mark for earnings is pegged at 87 cents per share. The Zacks Consensus Estimate for CO ...

Reflecting on the fourth quarter of 2024, the U.S. service sector maintained strong momentum, benefiting from economic stability and continued expansion in non-manufacturing activities. Key growth drivers included the accelerating AI revolution, rising demand for cost efficiency, and an increased emphasis on regulatory compliance. Digital transformation remained pivotal, reshaping business operations and enhancing service delivery.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.A numb ...

Core Viewpoint - The 2024 Q4 earnings season is showing strong results, particularly for companies like Robinhood (HOOD) and Coinbase (COIN), driven by increased crypto trading volumes [1] Group 1: Robinhood (HOOD) - HOOD shares have gained over 50% since the start of the year, significantly outperforming the S&P 500, aided by a positive finance sector performance [2] - Analysts have raised the EPS estimate for HOOD to $0.42, reflecting a nearly 70% increase and suggesting a 1300% year-over-year growth [3] - Sales expectations for HOOD have risen to $941 million, up from $671 million last November, indicating nearly 100% year-over-year growth [4] - The Zacks Consensus estimate for HOOD's transaction-based crypto revenue is $311 million, which is nearly 630% higher year-over-year [5] - Monthly active users and assets under custody are key metrics to monitor, with expected increases due to a favorable trading environment [9] Group 2: Coinbase (COIN) - Coinbase, the largest U.S. cryptocurrency exchange, has a bullish outlook with the Zacks Consensus EPS estimate at $0.87, up 50% over recent months [10] - Expected sales for Coinbase are $1.6 billion, reflecting a nearly 30% increase and suggesting 70% year-over-year growth [11] - The Zacks Consensus estimate for Coinbase's transaction-based revenue is $934 million, indicating a 75% year-over-year growth despite mixed results in recent periods [13] Group 3: Overall Market Sentiment - Both Robinhood and Coinbase are positioned to benefit from the recent uptick in crypto trading and prices, with analysts becoming increasingly bullish on their earnings expectations [14]