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Some Wall Street analysts have price targets as low as $42, representing a nearly 50% projected loss from current levels, even after the stock has dropped over 69% year to date.
Just a year ago, Coinbase Global (NASDAQ: COIN) was trading around $75 per share. Fast-forward to today, and it has seen a major surge, climbing to roughly $210. Fast-forward to today, and it has ...
Coinbase posted $95 million in net revenue for 2023. Coinbase posts first profitable quarter in 2 years as CEO keeps pushing for regulations: ‘We remain confident that the U.S. will get this ...
[40] [41] In November, Coinbase was ordered by the U.S. Internal Revenue Service to report any users who had at least US$20,000 in transactions in a year. [42] On December 19, Coinbase listed Bitcoin Cash, and the Coinbase platform experienced price abnormalities that led to an insider trading investigation. [43]
Transaction revenue is up 98% and total revenue is up 78% from last year with subscriptions, stablecoins, and Base—Coinbase’s Ethereum L2 network—becoming key lines of business for the company.
The figures, according to MSNBC, wildly beat analysts’ predictions of $1.34 billion in revenue and net income of $1.09 per share. Shares were down slightly in after-hours trading after gaining ...
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
The stock is down 5% so far in 2024 as of Thursday's close but has soared 180% over the last year. Coinbase earned $273 million in profits during the fourth quarter, well above analyst ...