Coinbase Global, Inc. (COIN) Stock Sinks As Market Gains: Here's Why

Coinbase Global, Inc. (COIN) closed the most recent trading day at $213.48, moving -1.6% from the previous trading session. This change lagged the S&P 500's 0.5% gain on the day. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq gained 0.43%. Prior to today's trading, shares of the company had lost 8.42% lagged the Finance sector's loss of 0.96% and the S&P 500's gain of 0.18%.Market participants will be closely following the financial results of Coinbase Global, Inc. in its upcoming release. The company plans to announce its earnings on February 12, 2026. In that report, analysts expect Coinbase Global, Inc. to post earnings of $0.98 per share. This would mark a year-over-year decline of 71.09%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.86 billion, down 18.16% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.89 per share and a revenue of $7.28 billion, indicating changes of +3.82% and 0%, respectively, from the former year. Investors should also pay attention to any latest changes in 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 exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.83% lower. Coinbase Global, Inc. is currently sporting a Zacks Rank of #4 (Sell). In terms of valuation, Coinbase Global, Inc. is presently being traded at a Forward P/E ratio of 37.82. This represents a premium compared to its industry average Forward P/E of 11.81. The Financial - Miscellaneous Services industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 37% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.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