Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Coinbase Global (COIN) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The highest analyst price target is $325.00 ,the lowest forecast is $110.00. The average price target represents 9.22% Increase from the current price of $214.34. What do analysts say about Coinbase Global? Coinbase Global's analyst rating consensus is a Moderate Buy.
What is the target price for Coinbase Global? ›| High | $450.00 |
|---|---|
| Low | $110.00 |
| Average | $249.04 |
| Current Price | $210.45 |
With its 2-star rating, we believe Coinbase's stock is overvalued compared with our long-term fair value estimate of $130 per share, which translates to 32.8 times our 2024 earnings projection. Cryptocurrency markets have extended their rally into 2024, with bitcoin reaching new all-time highs.
How much will Coinbase stock be worth in 5 years? ›Coinbase stock price stood at $200.92
According to the latest long-term forecast, Coinbase price will hit $300 by the end of 2024 and then $350 by the end of 2025. Coinbase will rise to $500 within the year of 2026, $600 in 2028, $700 in 2029, $800 in 2032 and $900 in 2034.
Coinbase stock has received a consensus rating of buy. The average rating score is and is based on 47 buy ratings, 24 hold ratings, and 28 sell ratings. What was the 52-week low for Coinbase stock? The low in the last 52 weeks of Coinbase stock was 45.43.
What will Coinbase stock be worth in 2025? ›According to the analysts , the long-term price forecast for Coinbase (COIN) could reach $257.73 by 2025. It will then move to $1316.77 by 2030 and to $2264.9 by 2034.
What is Coinbase 12 month price target? ›32 analysts offering 12-month price forecasts for Coinbase Global Inc (COIN) have a share price target of $224.45.
Why is Coinbase Global stock dropping? ›Coinbase Global stock slid Friday in the wake of first-quarter financial results from the cryptocurrency broker that were far better than expected. While the shares continue to trade as a proxy for crypto sentiment—and somewhat divorced from fundamentals—there remains a bearish case specific to the company.
Is Coinbase global profitable? ›Coinbase Global (COIN) posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
Does Coinbase stock have a future? ›Coinbase Global
Shares of the digital-asset brokerage and exchange have skyrocketed 626% since the start of 2023, as they benefit from renewed interest in Bitcoin and the equities market. The momentum for Coinbase has carried over into 2024, as it's up almost 50% just this year (as of April 8).
What is Coinbase prediction for 2024? ›
Challenges and Outlook
Looking ahead to Q2 2024, Coinbase anticipates transaction revenue to remain robust, with subscription and services revenue expected to range between $525 million and $600 million, assuming stable crypto asset prices.
- The all-time high Coinbase Global stock closing price was 357.39 on November 09, 2021.
- The Coinbase Global 52-week high stock price is 283.48, which is 34.7% above the current share price.
| Year | Prediction | Change |
|---|---|---|
| 2026 | $ 572.51 | 160.11% |
| 2027 | $ 923.34 | 319.51% |
| 2028 | $ 1,489.17 | 576.60% |
| 2029 | $ 2,401.75 | 991.22% |
The vast majority of Coinbase client cash is stored in FDIC-insured bank accounts and U.S. government money market funds to keep it safe and liquid. Like all assets on Coinbase, we hold client cash 1:1 and your assets are your assets.
Is Coinbase safe to hold? ›Yes, Coinbase is one of the safest crypto exchanges you can use. It has a wide range of sophisticated technology to protect your user data and your investments from online threats. More on these security feature and tools below.
How long is the hold for Coinbase? ›After your transaction completes, you'll receive a confirmation email that says when funds will be available to move out of your account. You'll receive another email when the funds are available. Holds typically expire by 11:59 PM PST on the date listed. Coinbase Support cannot reduce the hold time.
How much will 1 ethereum be worth in 2030? ›| Year | Price |
|---|---|
| 2025 | $ 3,016.60 |
| 2026 | $ 3,167.43 |
| 2027 | $ 3,325.80 |
| 2030 | $ 3,850.03 |
| 2024 | 2040 | |
|---|---|---|
| COIN stock forecast (5% annual growth) | $161 | $369 |
| COIN stock forecast (10% annual growth) | $169 | $853 |
| COIN stock forecast (S&P 500 historical 11.8% ROI) | $172 | $1,143 |
| COIN stock forecast (QTEC historical 17.5% ROI) | $180 | $2,796 |