Coinbase Releases Third Quarter 2022 Shareholder Letter
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads gains as SpaceX, Super Micro results improve AI appetite
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
- Nvidia’s Huang highlights AI benefits in Berlin speech amid wider European tour
- AI bubble about to burst? Not yet, Yardeni says
- Abbott plans to spin off its nutrition unit as a standalone public company
- Supermicro raises Q1 FY2027 revenue outlook on AI demand
- Alphabet shares drop ahead of earnings next week
- Dow outperforms as Wall Street rises, healthcare stocks lead gains
- Flutter Entertainment to cut up to 1,400 jobs amid UK tax increases
MoffettNathanson says Coinbase (COIN) revenues begin to surge in 2024
November 7, 2022 10:28 AM ESTMoffettNathanson told investors in a note Monday that they assume the crypto winter will end in late 2023 and Coinbase (NASDAQ: COIN) revenues and trading volumes will begin to surge in 2024.
As a result, the firm described Coinbase's stock as "highly attractive" at current levels.
"Based on our forecasts, Coinbase is currently trading at an EV/EBITDA multiple of 2.0x on 2024 EBITDA," wrote... More



