Coinbase Global, Inc.’s stock price soars to $343.78, marking a bullish 4.65% surge

Coinbase Global, Inc. (COIN)

343.78 USD +15.27 (+4.65%) Volume: 13.7M

Coinbase Global, Inc.’s stock price is currently standing strong at 343.78 USD, showcasing a positive trading session with a +4.65% increase. With a robust trading volume of 13.7M, COIN has demonstrated a significant growth YTD, boasting a +38.45% increase, highlighting its dominant position in the cryptocurrency exchange market.

Latest developments on Coinbase Global, Inc.

Coinbase Global’s stock price movements today are influenced by a series of key events leading up to this point. The company reported a strong third quarter with a 25% rise in revenue, surpassing expectations and beating estimates. Coinbase’s trading volumes surged, contributing to their impressive performance. Additionally, the company is in talks to acquire stablecoin firm BVNK for $2 billion, signaling a strategic move towards expanding their offerings. Wall Street analysts have upgraded Coinbase to a buy rating, citing four tailwinds propelling the stock forward. Despite some fluctuations, Coinbase’s strong performance and strategic expansion justify a buy rating, with analysts optimistic about the company’s future growth potential.

Coinbase Global, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research and Alec Tseung, have been covering Coinbase Global closely, providing insights on the company’s performance and future prospects. Baptista Research‘s reports highlight Coinbase’s strong financial health, with a total revenue of $1.5 billion and an adjusted EBITDA of $512 million in the second quarter of 2025. Despite a decline in trading volume, the company’s effective management and strategic focus on revenue over trading volume have been noted.

In addition, Alec Tseung’s analysis emphasizes the evolution of Coinbase towards non-transaction revenue, which commands premium multiples. Using a Sum of the Parts (SOTP) valuation method, Tseung suggests that Coinbase’s current market capitalization may offer limited near-term upside potential. The impact of Circle’s recent public listing on Coinbase’s revenue mix and valuation is also a key point of interest in the reports provided on Smartkarma.

A look at Coinbase Global, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Coinbase Global has a promising long-term outlook. With a high score of 5 in Growth and Resilience, the company is positioned for strong expansion and able to withstand market challenges. This indicates that Coinbase Global is well-equipped to capitalize on opportunities in the cryptocurrency market and navigate potential risks effectively.

While Coinbase Global scores lower in Value and Dividend at 2 and 1 respectively, its overall momentum score of 3 suggests a steady performance trajectory. As a provider of financial solutions for buying and selling cryptocurrencies, Coinbase Global caters to a global clientele. With its solid growth and resilience scores, the company is poised for continued success in the evolving digital currency landscape.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma