In the latest trading session, Coinbase Global, Inc. (COIN) closed at $227.73, marking a -5.57% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 2.06%. Elsewhere, the Dow saw a downswing of 1.76%, while the tech-heavy Nasdaq depreciated by 2.39%.
The company's stock has dropped by 2.72% in the past month, falling short of the Finance sector's gain of 1.72% and the S&P 500's gain of 1.63%.
The investment community will be paying close attention to the earnings performance of Coinbase Global, Inc. in its upcoming release. The company is slated to reveal its earnings on February 12, 2026. The company's earnings per share (EPS) are projected to be $0.98, reflecting a 71.09% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.86 billion, reflecting a 18.16% fall from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.89 per share and a revenue of $7.27 billion, signifying shifts of +3.82% and 0%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Coinbase Global, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 2.65% fall in the Zacks Consensus EPS estimate. Coinbase Global, Inc. is currently sporting a Zacks Rank of #4 (Sell).
With respect to valuation, Coinbase Global, Inc. is currently being traded at a Forward P/E ratio of 42.34. Its industry sports an average Forward P/E of 11.71, so one might conclude that Coinbase Global, Inc. is trading at a premium comparatively.
The Financial - Miscellaneous Services industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Coinbase Global, Inc. (COIN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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