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Coinbase Global, Inc. (COIN)

Financial Services Out of favourS&P 500

Coinbase is a digital platform that acts as a secure gateway for people and businesses to trade and store cryptocurrencies like Bitcoin.

$175.26

Is Coinbase Global, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong brand recognition as a trusted name in crypto. Worth weighing: Revenue is highly dependent on volatile crypto market cycles.

No rating · no target price · nothing for sale here
Price-8.6%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-60% past year
$175.26
Low $139.11High $402.16
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Net profit margin
-29.5%now
-37.4%95.4%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Coinbase Global, Inc. do?

Think of Coinbase as a digital high-street shop for the world of crypto, where they earn their keep primarily by charging fees whenever users trade assets on their platform. Because their business is so closely tied to the popularity and price of cryptocurrencies, their fortunes can swing wildly depending on whether the market is feeling optimistic or fearful. Pay attention to how they diversify their income beyond just trading fees, such as through subscription services and institutional partnerships.

On our factor screen it looks strongest on quality and value, and weakest on growth.

Quick checks
What's strong
What to watch
  • Value screens low
  • Growth screens low
  • Momentum screens low
  • Income screens low

Does Coinbase Global, Inc. pay a dividend?

No - Coinbase Global, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

What do Coinbase Global, Inc.'s numbers mean?

P/E
60.3
This shows how much investors are currently paying for every pound of the company's profit, suggesting high expectations for future growth.
P/S
6.49
This compares the company's total market value to its annual sales, helping to see how much the market is willing to pay for each pound of revenue.
Higher than most of the 137 Financial Services shares we cover
Beta
3.4
A beta this high means the share price tends to be much more volatile and jumpy than the wider stock market.
Gross margin
85.8%
This indicates that for every pound earned in revenue, a very large portion remains after covering the direct costs of providing their service.
Higher than most of the 141 Financial Services shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Coinbase Global, Inc.
$914-9%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Coinbase Global, Inc. actually fallen?

−66%

Over the last 2 years of daily prices, Coinbase Global, Inc. fell as much as −66% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-86%
2023+391%
2024+43%
2025-9%
2026 so far-34%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$39.20B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
8.34M
Day range: The lowest and highest price the shares traded at during the latest day.
$172.80 – $182.08
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$139.11 – $402.16
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
3.36

Does the share price tell you if it's cheap or expensive?

One share costs$175.26
Number of shares224 million
So the whole company is worth$39.2bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Coinbase Global, Inc.?

Big institutions 68%Company insiders 1%Public & smaller investors 30%

About 68% of Coinbase Global, Inc., or about 68 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 1%. The rest, roughly 30%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 3.36
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -6% past week · ▼ -60% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Coinbase Global, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$467.17M$934.35M$1.40B$1.87BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
85.8%
Net margin
-16.3%
Return on equity
-7.8%

When does Coinbase Global, Inc. report earnings, and how did recent quarters go?

Coinbase Global, Inc. is next scheduled to report on about 2026-10-29 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Coinbase Global, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-30$-0.23$-1.36Missed -487%
2026-05-07$0.04$-1.49Missed -3459%
2026-02-12$0.94$-2.49Missed -365%
2025-10-30$1.13$1.50Beat +32%
2025-07-31$1.49$5.14Beat +246%
2025-05-08$1.90$0.24Missed -87%

Across the last 6 quarters here, Coinbase Global, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Coinbase Global, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+15% to +25%A sudden surge in crypto trading activity boosts transaction fees.
Base
-5% to +5%Trading volumes remain steady with no major market shocks.
Bear
-15% to -30%A sharp drop in crypto prices leads to a mass exodus of retail traders.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Crypto becomes a mainstream financial asset class with widespread adoption.

The bear case

Technological shifts or security breaches permanently damage user trust.

What are the pros and cons of Coinbase Global, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong brand recognition as a trusted name in crypto
  • Very high gross margins on core services
  • Significant footprint in the institutional market
The catch3
  • Revenue is highly dependent on volatile crypto market cycles
  • No dividend payments for income-focused investors
  • High share price volatility compared to the broader market
Key risks3
  • Uncertain and evolving global regulatory landscape
  • Potential for cyber security threats and platform hacks
  • Intense competition from other global exchanges
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A permanent, global ban on cryptocurrency trading
  • A total collapse in the market value of major digital assets

Common questions about Coinbase Global, Inc.

Does Coinbase Global, Inc. pay a dividend?

No - Coinbase Global, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Coinbase Global, Inc. report earnings next?

Coinbase Global, Inc. is next scheduled to report results on about 2026-10-29. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.