Coinbase Global, Inc. (COIN) Outpaces Stock Market Gains: What You Should Know

Coinbase Global, Inc. (COIN) closed the most recent trading day at $343.78, moving +2.31% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.07%. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 1.37%. Shares of the company witnessed a loss of 1.88% over the previous month, beating the performance of the Finance sector with its loss of 2.19%, and underperforming the S&P 500's gain of 1.08%.The investment community will be paying close attention to the earnings performance of Coinbase Global, Inc. in its upcoming release. The company is slated to reveal its earnings on October 30, 2025. The company's upcoming EPS is projected at $1.03, signifying a 66.13% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.72 billion, indicating a 42.73% growth compared to the corresponding quarter of the prior year. COIN's full-year Zacks Consensus Estimates are calling for earnings of $7.58 per share and revenue of $7.05 billion. These results would represent year-over-year changes of -0.26% and +7.38%, respectively. Investors should also take note of any recent adjustments to analyst estimates for Coinbase Global, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.33% decrease. Coinbase Global, Inc. is currently a Zacks Rank #3 (Hold). Looking at its valuation, Coinbase Global, Inc. is holding a Forward P/E ratio of 44.31. This represents a premium compared to its industry average Forward P/E of 11.99. The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 82, placing it within the top 34% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coinbase Global, Inc. (COIN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks