Coinbase Global, Inc.

Coinbase Global, Inc.

COINยทNASDAQ

$163.22

-6.2%
Financial ServicesFinancial - Data & Stock Exchanges

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. It offers the primary financial account in the cryptoeconomy for consumers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.

At a Glance

Live Snapshot
Market Cap$43.00B
EPS4.8500
P/E Ratio33.65
Earnings Date07/30/2026
Coinbase Global, Inc.

Coinbase Global, Inc. Fair Value Envelope

COIN ยท NASDAQ

Our analysis suggests that COIN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $163.22, this represents a potential HIDDEN relative to our calculated worth for Coinbase Global, Inc..

Intrinsic Value
Current Price: $163.22

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$24.1B
+ Cash & Equivalents$11.3B
Firm Value$35.4B
- Debt$7.8B
Equity Value$27.5B
/ Shares Outstanding255,882,131B
DCF Value$108
OVERVALUED BY 34%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.3B
$2.2B
$2.1B
$2.0B
$1.9B
$1.8B
$1.7B
$1.6B
$1.5B
$1.4B
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$2.3B
$2.2B
$2.1B
$2.0B
$1.9B
$1.8B
$1.7B
$1.6B
$1.5B
$1.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.1B
$1.9B
$1.6B
$1.4B
$1.3B
$1.1B
$981.2M
$862.2M
$757.6M
$665.7M
Terminal Value represents 47.0% of Enterprise Value