Coinbase Global, Inc. (COIN) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Get detailed Coinbase Global, Inc. (COIN) stock forecast for 2024, monthly, along with long-term COIN price prediction from 2025 to 2050. Look at historical stock performance, analyst recommendations (Buy, Sell, or Hold), and the latest Coinbase Global, Inc. headlines.
1 Month Prediction
$195.53 [0.00%]
3 Month Prediction
$244.22 [24.90%]
6 Month Prediction
$304.31 [55.64%]
1 Year Prediction
$388.05 [98.46%]
3 Year Prediction
$896.02 [358.25%]
5 Year Prediction
$1404.08 [618.09%]
About Coinbase Global, Inc.
Coinbase is one of the largest and most well-known cryptocurrency exchanges in the world. Founded in 2012, Coinbase has grown to over 98 million verified users and processes billions in crypto trades every month. The company went public in April 2021 via a direct listing and was valued at nearly $86 billion at its peak, making it one of the highest valued exchanges.
Coinbase has cemented itself as a leader in the crypto space by providing an easy-to-use platform for buying, selling, transferring, and storing major cryptocurrencies like Bitcoin, Ethereum, and others. The company has also expanded its offerings to include custodial services for institutions, derivatives trading, DeFi services, NFT marketplace, and more.
The meteoric rise of the cryptocurrency market has been a key driver behind Coinbase’s growth. The total crypto market cap exploded from around $775 billion in January 2021 to $3 trillion in November 2021, bringing mainstream attention to digital assets. As more investors entered the market, Coinbase saw record-breaking trading volumes and revenue growth.
The long-term outlook for cryptocurrency adoption also bodes well for Coinbase. Surveys show that 15-20% of Americans own crypto already, indicating significant room for growth. As digital currencies continue to integrate into finance and payments, companies like Coinbase stand to benefit tremendously as cryptos become more mainstream.
Coinbase Global, Inc. (COIN) Historical Performance
IPO Date
Coinbase Global, Inc. (NASDAQ:COIN) went public on 14 April, 2021.
Change
Since inception, COIN has fallen from $252.37 to $195.53, a massive -22.52% decrease since 2021.
Historical Highs and Lows
In the past 3 years, the stock reached a high of $265.12 and a low of $35.39.
52 Week Range
$84.3
$283.48
The current price $195.53 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
COIN Stock Price History
Based on COIN stock's historical price data, this table shows how the stock has performed in the last 3 years. Since 2021, the COIN stock has fallen from $35.39 - $190.77 to $128.2 - $265.12, which is down -23.46%. Currently, the stock follows downward trend.
Here, we have calculated stock range of COIN, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
Year | Stock Price | Avg Price | Change% | Year Change |
---|---|---|---|---|
2022 | $35.39 - $190.77 | $95.85 | -63.48 | 1 Year Change |
2023 | $53.79 - $173.92 | $83.96 | -68.01 | 2 Year Change |
2024 | $128.2 - $265.12 | $200.88 | -23.46 | 3 Year Change |
COIN Price Performance
6-Month Performance
COIN stock dropped by 12.01% in the last six months.
1-Year Performance
The stock has trended upwards by 12.43% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 22.52%.
5-Year Performance
In the last 5 years, the stock has gone down by 17.34%.
According to Coinbase Global, Inc.'s historical data, below graph gives us the exact picture of how the COIN stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 1 year.
2022
85.98% ↓
2023
391.44% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Coinbase Global, Inc. (COIN) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $1.21 B (Q3)
Revenue for Q3 ending 30th September, 2024 decreased 16.86% compared to Q2 ending 30th June, 2024.
Annual Revenue: $5.25 B (1Y)
Revenue for trailing 12 months increased 68.78% year over year from 31st December, 2023.
If compared to the last 4 years, the revenue has gone up from $1.28 billion to $5.25 billion, a 310.67% change.
Market Capitalization
Coinbase Global, Inc. has a market capitalization of $48.95B, which places COIN in the large-cap category.
Fundamental Analysis
EPS: $0.30 (Q3), $0.40 (1Y)
EPS increased 100.00% since last quarter, and decreased 103.39% since last year.
Net Income: $75.50 M (Q3), $94.87 M (1Y)
Net Income increased 108.84% since last quarter, and decreased 103.61% since last year.
Free Cash Flow: $696.54 M (Q3), $859.75 M (1Y)
Free Cash Flow increased 43.86% since last quarter, and decreased 152.22% since last year.
Net Profit Margin: 6.26% (Q3), 1.81% (1Y)
Net Profit Margin increased 151.19% since last quarter, and decreased 102.14% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for COIN stock. These indicators help you understand Coinbase Global, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for COIN stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
Technical Indicators | Value |
---|---|
SMA20 | $198.21 |
SMA50 | $180.87 |
SMA200 | $206.30 |
RSI | 44.22 |
Beta | 3.35 |
SMA20 > Current Price
This signals COIN stock is in short-term bearish momentum.
SMA50 < Current Price
This signals COIN stock is in mid-term bullish momentum.
SMA200 > Current Price
This signals COIN stock is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for COIN stock is Neutral. Out of all indicators, 3 indicates bullish signals, 2 signals bearish trends and 4 gives neutral trends. The COIN stock forecast was last updated on 04 December, 2024.
Coinbase Global, Inc. (COIN) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $195.53 by the end of 2024, and can reach around $184.78 to $566.25 in 2025. And, the long-term forecast suggests that the stock may further jump to $605.10 - $1193.98 in 2027, and $1292.02 - $1899.21 by 2030. So, the COIN stock shows a strong upward trend in the next several years.
Short-term COIN Stock Price Prediction & Forecast
Date | Forecasted Price | Change% |
---|---|---|
2024-12 | $195.53 | 0.0% |
In 2024, the COIN stock price is expected to fluctuate between $195.53 and $195.53. According to the monthly forecast, the stock could rise to $195.53 by December 2024. If compared to the COIN's current price, the stock could gain 0.0% by the end of this year.
Long-term COIN Stock Price Prediction & Forecast
Year | Year Start | Year Mid | Year End | Change% |
---|---|---|---|---|
2025 | $184.78 | $911.62 | $566.25 | 189.6% |
2026 | $382.87 | $693.52 | $1082.35 | 453.55% |
2027 | $605.10 | $834.95 | $1193.98 | 510.64% |
2028 | $1077.59 | $1249.55 | $1277.19 | 553.19% |
2029 | $1489.81 | $751.69 | $1193.20 | 510.24% |
2030 | $1292.02 | $1554.78 | $1899.21 | 871.31% |
2031 | $814.90 | $1730.70 | $1230.19 | 529.16% |
2032 | $3278.02 | $1868.25 | $2428.17 | 1141.84% |
2033 | $1905.56 | $2550.34 | $2875.09 | 1370.41% |
2034 | $2727.57 | $1925.94 | $3261.74 | 1568.15% |
2035 | $3109.12 | $2648.11 | $1471.93 | 652.79% |
2036 | $3397.87 | $3016.07 | $3059.23 | 1464.58% |
2037 | $3815.42 | $5419.00 | $2663.14 | 1262.01% |
2038 | $3460.54 | $3310.77 | $4655.45 | 2280.94% |
2039 | $3925.05 | $4093.22 | $3923.42 | 1906.56% |
2040 | $3571.51 | $6646.73 | $5389.64 | 2656.43% |
2041 | $3614.36 | $5485.71 | $2031.50 | 938.97% |
2042 | $2897.73 | $4961.34 | $5346.29 | 2634.26% |
2043 | $2070.45 | $6100.03 | $3828.50 | 1858.01% |
2044 | $6724.14 | $6216.09 | $5601.72 | 2764.89% |
2045 | $5291.19 | $3781.54 | $6752.72 | 3353.55% |
2046 | $2910.87 | $7292.78 | $3646.08 | 1764.72% |
2047 | $8150.77 | $6127.21 | $7045.01 | 3503.03% |
2048 | $8148.71 | $5961.39 | $7102.28 | 3532.32% |
2049 | $4991.40 | $7355.14 | $7137.57 | 3550.37% |
2050 | $4114.33 | $4495.42 | $7440.62 | 3705.36% |
Coinbase Global, Inc. (COIN) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the COIN stock was at $128.20. Today, it is trading at $195.53, which is 52.52% increase from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $195.53 by December 2024 with a 0.00% change.
In early 2025, the COIN price is expected to climb from $195.53 to $184.78, a change of -5.50% from the current price. By mid-2025, the stock may move up by 393.35% on $911.62 and end the year at $566.25, which is 189.60% compared to today's price.
Coinbase Global, Inc. (COIN) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the COIN stock. During this period, the COIN's price is forecasted to shift from $382.87 to $1899.21, which is 396.05% gain.
In 2026, the stock would possibly open at $382.87, escalates to $693.52 by mid-year, and wraps up at $1082.35, reflecting a 453.54% increase from today's price. Further moving to 2030, the stock can kick off the year at $1292.02, soar to $1554.78 by mid-year, and finish at $1899.21, which is 871.31% change from current price.
Coinbase Global, Inc. (COIN) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $814.90 to $5389.64, which is up 529.16%
In 2031, we can expect COIN to fluctuate between $814.90 and $1230.19, a shift indicating a 529.16% gain by year-end compared to current price. And Until 2040, COIN can likely vary from $3571.51 to $5389.64. By the end of 2040, the stock could record a 2656.43% rise from today's stock price.
Coinbase Global, Inc. (COIN) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the COIN stock can see an an upturn from $3614.36 to $7440.62 in this period. In 2041, the stock can experience a high of $5485.71 by mid-year, closing the year at $2031.50. This results in a 2705.56% increase from today.
Moving towards the end of 2050, COIN is projected to open the year at $4114.33. The stock may peak to $4495.42 during mid-year and finish the year at $7440.62. Compared to the stock's current price, this translates to an overall gain of 3705.36% by 2050.
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COIN : Buy, Sell Or Hold?
Analyst Ratings
Sorry, No analyst ratings available for this stock.
Expert Analysis
According to COIN short-term and long-term forecast, Coinbase Global, Inc. shares are projected to go up by 3705.36%, and reach a value of $7440.62 per share by 2050.
As per technical analysis, indicators show a Neutral sentiment, while Fear & Greed Index stands at 57.142857142857146, which signals Greed. Also, COIN has recorded 12/30 green days, which reflects a 54.54545454545454% positivity rate with a price volatility of 0.06%.
Plus, Price-to-Earnings (P/E) ratio of 33.196945 suggests that COIN stock is overvalued. So, Based on COIN prediction and analysis, it may be the best time to hold COIN stock right now.
Coinbase Global, Inc. (COIN) FAQs
Is Coinbase safe to use?
Coinbase is one of the safest and most reputable crypto exchanges, with robust security measures like 2-factor authentication, offline storage of crypto keys, and insurance coverage for assets held online.
What cryptocurrencies can you buy on Coinbase?
You can buy over 100 cryptocurrencies on Coinbase including major coins like Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu. They continue adding support for more assets over time.
Does Coinbase report to the IRS?
Yes, Coinbase complies with IRS regulations by issuing 1099-K tax forms to users with over $20,000 in transactions. This reports your capital gains/losses for tax purposes.
Is Coinbase free to use?
Coinbase offers free accounts with basic trading capabilities. However, for active trading they charge transaction fees around 0.5%. For advanced features, users pay subscription fees for Coinbase Pro and Prime.
Can I stake crypto on Coinbase?
Yes, staking allows you to earn yield on supported coins like ETH, SOL, and ALGO. Simply hold the assets in your Coinbase account to automatically earn staking rewards over time.
Is Coinbase worth the fees?
For basic buy-and-hold investing, the fees may be higher than competitors. But frequent traders and institutions may find its advanced features and liquidity worth the premium pricing.
What will Coinbase stock be worth in 2025?
By 2025, The Coinbase can reach around $850, with minimum and maximum price ranging between $369 and $853.
Is it good time to invest in Coinbase?
According to 18 Wall Street analysts, 3 recommend buying, 10 suggest holding, and 5 advise selling the stock. Overall, they recommend a moderate hold rating for Coinbase stock. Investors willing to take on more risk can consider buying now, while others can wait.
How to Buy Coinbase Stock?
There are various platforms where you can Coinbase stock. But, I would recommend Robinhood, a commission free investing app, or eToro, to buy share If you are a young investor or new to investing.
Disclaimer: Stock predictions, forecasts and price targets provided for "COIN” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.