Risk factor
Very high price volatility
Profitability factor
Strong growth
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Cathie Wood | ARK Investment Management LLC | 2.4% | -0.85% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.2% | -0.09% |
| Steven Cohen | Point72 Asset Management, L.P. | 0.1% | +0.00% |
About
Coinbase Global, Inc. engages in the provision of a trusted platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a wide variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers primary financial account for the cryptoeconomy, institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The company was founded by Brian Armstrong and Fred Ernest Ehrsam in May 2012 and is headquartered in New York, NY.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is overpriced on P/FCF.
Target Price
The average target price of COIN is 202 and suggests 7.53% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation