Coinbase shares after profit: buy, sell or hold? News ad

Coinbase Global Today

$ 274.31 -23.80 (-7.98%)

As of 02/14/2025 21:00

52-week range

$ 146,12

▼

$ 349.75

P/e ratio.

46.81

Value is valuable

$ 301.17

Most investors avoid investing in the action during – and after – the results of their income, and not in vain. Volatility is usually at its peak in those days, as the market adjusts and digests the financial consequences for the shares of the company and its assessment, moving forward. Nevertheless, in the first quarter of 2025, the revenue season is in full swing, some opportunities cannot be missed.

For example, the recent price action in Coinbase Global Inc. Nasdak: A coin I saw a surge immediately after the release of income, only to see how shares are reduced by 7.1% at the opening the next morning. With this in mind, investors should now delve into the consequences of this wild swing and whether the deficiency is justified.

Of course, in addition to the main and key performance indicators (KPI) in Coinbase, investors must remember that the price action in bitcoins and other cryptocurrencies is also the main factor that affects most movements in Coinbase on any day. Knowing this, there may be a potential possibility of buying from this divergence between Coinbase and Bitcoin after recent earnings.

Coinbase shoots at all cylinders

Looking at the most common indicators of financial efficiency, such as income and operating profit, it becomes clear that Coinbase shoots at all cylinders. It is 7% reduced after income is actually not justified today. However, investors can blame this, it is an opportunity that the shares have already evaluated this financial growth.

That is why the consideration of the price level of $ 250 on the schedule can be useful for a potential record, since in the past it acted as support and significantly reduce the company’s assessment to a level where today there will be no growth of today’s (and tomorrow) to be almost the same as the same as And today.

Returning to financial indicators, Coinbase announced income up to 2.3 billion dollars. The United States in the fourth quarter of 2024, which led to a pure growth of 88% only in the last quarter. The income from transactions followed the corresponding 1.6 billion dollars, or 172% also rise according to the previous quarter.

Driving these jumps is the fact that the Coinbase application, according to Apple App Store, has turned from the nineteenth in the most busy financial applications six months ago to the seventh loaded application as of February 2025. This means that millions and millions of millions of people registered for the Coinbase account during this period.

Why? The culprit can become guilty. When more and more retail investors were excited by the cryptocurrency market, and the fear of missing (FOMO) began, they considered Coinbase as the most reliable solution for the trading of bitcoins and other cryptocurrencies.

With this in mind, investors can point out the impressive growth of some Coinbase balance, such as dollar resources in custody. These items increased to $ 9.3 billion. The USA in the fourth quarter of 2024, which is 1.1 billion dollars. The United States compared to the previous quarter, which is evidence of a huge number of new accounts and deposits from those who wish Bitcoins and cryptocurrency buyers during this period.

The market has taken on Coinbase shares

That is why investors should be delighted with Coinbase and her future, but only with a proper record of $ 250 per share. Some Wall analysts are stroke today the same bulls (if not more) on Coinbase, as always.

Especially those of the JMP Securities that decided to repeat their market on Coinbase the next morning after the company’s income announcement, and this time placing a target price of $ 475 per shares. This new point of view will allow Coinbase to make a new 52-week and imply a pure 72.2% growth compared to today’s prices.

There is also a reason why a wider market is ready to pay up to 50.9X in terms of profit price (p/e) for Coinbase shares, which is a cool premium compared to the rest of its peers of the financial sector. The average sector today is 22.5x p/e today, so some investors can call Coinbase expensive.

Nevertheless, experienced experts would remind them that the market is always ready to pay a prize for shares, which, in his opinion, will surpass its peers and industry, as well as the market itself. Given the two -digit Coinbase growth rates in all directions, this prize today seems justified.

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