COIN

Coinbase Global, Inc.

Financial ServicesFinancial Data & Stock ExchangesNASDAQ

$182.70

-$17.69 (-9.68%)today

Conviction

0/ 10

Fair Value$247.24

Upside+35.33%

Signal0

Market Cap$43.3B

52W Range$139.36–$444.65

Next EarningsMay 7

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid

Fair Value$216.54

Current Price$161.14

Upside / Down+34.4%

P(Undervalued)93.6%

P(20%+ Up)72.3%

P(15%+ Down)0.2%

Fair Value Distribution — percentile bands

93.6% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

11.0%/yr

±4.9% · revenue growth to justify current price

FCF-Based Reverse DCF

-1.3%/yr

±2.5% · FCF growth to justify current price

THE GAP

Market pricing margin expansion or capex normalization

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

Coinbase Global, Inc.

Trailing P/E36.1x

Forward P/E27.3x

P/S6.3x

EPS (TTM)$4.45

Analyst Target$247.24

Analyst Upside35.3%

No Eagle analysis yet. Request a full review including conviction score, bull/bear cases, and thesis.

Bull Case

No analysis yet

Bear Case

No analysis yet

Research Feed

sec_10kMar 2

Conviction: unchanged

COIN 2025 10-K: Transition to Everything Exchange & Regulatory Clarity Inflection

Coinbase 10-K shows platform diversification beyond spot trading into Everything Exchange (equities, futures, prediction markets), staking infrastructure (.7B AUM), and stablecoin revenue. Regulatory ...