Buy the Post-Earnings Dip in Coinbase (COIN) Says Analyst as Q3 Revenue Miss Drags Shares 11% Lower
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Coinbase Global Inc. (COIN) PT Raised to $405 at JMP Securities
November 10, 2021 3:39 AM ESTJMP Securities analyst Devin Ryan raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $405.00 (from $330.00) while maintaining a Market Outperform rating.... More
Coinbase falls short on revenue as trading volumes slump 30%
November 9, 2021 4:16 PM EST(Reuters) - U.S. cryptocurrency exchange Coinbase Global Inc on Tuesday reported a nearly 30% fall in third-quarter trading volumes on a sequential basis, hit by lower volatility and declining prices for bitcoin and other cryptocurrencies.
Trading volumes fell to $327 billion in the quarter from $462 billion in the... More
Coinbase (COIN) Tops Q3 EPS by 5c, Revenue Miss, Offers Guidance
November 9, 2021 4:05 PM EST(Updated - November 9, 2021 4:07 PM EST)
Coinbase (NASDAQ: COIN) reported Q3 EPS of $1.62, $0.05 better than the analyst estimate of $1.57. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.56 billion.
Guidance:
Sees FY MTUs of $8M to 8.8MFor earnings history and earnings-related data on Coinbase (COIN) click here.
... More