- Coinbase’s total revenue for the second quarter of 2025 was reported at $1.50 billion, falling short of the estimated $1.59 billion.
- Transaction revenue amounted to $764.3 million, below the anticipated $810 million.
- Subscription and services revenue reached $655.8 million, which is less than the expected $715.2 million.
- Other revenue exceeded expectations slightly, reaching $77.1 million compared to the estimate of $71.8 million.
- The trading volume totaled $237 billion, which is less than the projected $252.76 billion.
- Institutional trading volume was $194 billion, also underperforming compared to the estimate of $206.31 billion.
- The market consensus on Coinbase stock consists of 19 buy ratings, 17 hold ratings, and 4 sell ratings.
Coinbase Global on Smartkarma
Analyst coverage of Coinbase Global on Smartkarma shows a mix of bullish sentiments and insightful perspectives from top independent analysts. Alec Tseung‘s research highlights the limited near-term upside potential due to Coinbase’s current market capitalization and the impact of Circle’s non-transaction revenue valuation on the company. On the other hand, Baptista Research emphasizes Coinbase’s strong operational capability and strategic moves, such as the acquisition of Deribit, positioning itself in the global crypto derivative platform.
Furthermore, Finimize Research points out the recent drop in Coinbase’s share price and the need for rapid growth in the crypto market to justify a higher valuation. Regulatory clarity and diversification of revenue streams are highlighted as crucial factors for Coinbase’s future success. Baptista Research also acknowledges Coinbase’s substantial growth in revenue and adaptability in the cryptocurrency landscape, showcasing positive financial results and a transition into a resilient company over the past years.
A look at Coinbase Global Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores, Coinbase Global has a mixed long-term outlook. With a Value score of 2, the company may not be considered undervalued in the market. However, its Growth score of 3 suggests some potential for expansion. On the positive side, Coinbase Global scores high in Resilience and Momentum with scores of 5, indicating a strong ability to withstand market fluctuations and maintain positive performance trends.
Overall, Coinbase Global, Inc. provides financial solutions through its platform for buying and selling cryptocurrencies. While the company may not be seen as a top choice for dividend investors with a score of 1, its strong Resilience and Momentum scores of 5 point towards a promising outlook in terms of stability and growth potential, making it a company to watch for its ability to navigate market challenges and maintain positive momentum.
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.
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