Coinbase (COIN) Reports Strong Q4 Beat, Provides Outlook

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Go back to Coinbase (COIN) Reports Strong Q4 Beat, Provides Outlook

Coinbase Global Inc. (COIN) PT Lowered to $296 at JPMorgan, 'We continue to recommend Coinbase'

February 25, 2022 4:27 AM EST

JPMorgan analyst Kenneth Worthington lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $296.00 (from $345.00) while maintaining a Overweight rating.

The analyst comments "We rate Coinbase Overweight. We see Coinbase as both a leading driver and beneficiary of the cryptocurrency... More

Crypto exchange Coinbase's trading volumes surge on retail interest

February 24, 2022 4:15 PM EST

(Reuters) -U.S. cryptocurrency exchange Coinbase Global Inc on Thursday reported a surge in quarterly trading volumes on a sequential basis as volatility in prices drew in retail traders, but warned that growth would slow in the current quarter.

Trading volumes jumped more than 67% to $547 billion in the quarter ended Dec. 31, with retail trading accounting for 32% of... More

Coinbase (COIN) Tops Q4 EPS by $1.52, Revenues Beat

February 24, 2022 4:03 PM EST

Coinbase (NASDAQ: COIN) reported Q4 EPS of $3.32, $1.52 better than the analyst estimate of $1.80. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $1.89 billion.

For earnings history and earnings-related data on Coinbase (COIN) click here.

... More