Why did Coinbase Global (COIN) stock move recently?

On 7/27/2026, Coinbase Global moved +3.9% — COIN rose with broader crypto market sentiment and Bitcoin prices amid no company-specific catalyst; recent headlines focus on routine institutional filings and an upcoming Q2 earnings release on July 30. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Coinbase Global (COIN) overvalued or fairly valued?

MarketChacha shows Coinbase Global's valuation in context — a trailing P/E of about 38.6, a forward P/E of about 41.0, a price-to-book of about 2.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Coinbase Global's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.58×) from reported figures — education, not a rating.

What is Coinbase Global's revenue?

Coinbase Global reported revenue of $7.2B for FY2025, with net profit of $1.3B, per official filings.

What is the share price of Coinbase Global (COIN)?

Coinbase Global last traded at $146.26 (-10.6% on the day), as of 7/31/2026 — a delayed quote shown for education, not investment advice.

Coinbase Global

COIN · NASDAQ · Crypto/Fintech · United States

Snapshot

TickerCOIN

ExchangeNASDAQ

SectorCrypto/Fintech

IndustryFinancial Data & Stock Exchanges

CountryUnited States

Employees4,951

HeadquartersNew York, United States

Websitewww.coinbase.com

Filings tracked20

About Coinbase Global

Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.

Who owns it

Insiders1.3%
Institutions68.5%
Public & other30.2%

1,632 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.7.53%
Vanguard Capital Management LLC6.35%
Vanguard Portfolio Management LLC4.27%
State Street Corporation4.21%
Geode Capital Management, LLC2.76%
Morgan Stanley1.71%
Paradigm Operations LP1.61%
Clear Street Group Inc.1.15%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.58×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend3.1% → 17.6%

Margin has expanded by about 14.5 points — the business is getting more profitable.

Growth qualityrev 52% · PAT 264%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.4B · EPS 0.72

Est. earnings growth +129.1%

Next fiscal year

Rev $7.6B · EPS 4.21

Est. earnings growth +934.7%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$7.2B

Net margin

17.6%

ROE

8.5%

Revenue CAGR (2y)

+52.0%

Profit CAGR (2y)

+264.5%

EPS (FY2025)

4.45

Net profit (FY2025)

$1.3B

Ask MarketChacha about COIN

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 27, 2026
COIN rose with broader crypto market sentiment and Bitcoin prices amid no company-specific catalyst; recent headlines focus on routine institutional filings and an upcoming Q2 earnings release on July 30.
· confidence: low
Jul 22, 2026
COIN fell 5.53% with no major earnings or guidance event; the move followed news of Chief Legal Officer Paul Grewal stepping down at month-end (a change first flagged in the July 9 8-K) amid otherwise mixed analyst and institutional coverage.
source 1 ↗source 2 ↗· confidence: medium
Jul 21, 2026
Coinbase shares rose sharply after reports that the White House and Senate Republicans reached an agreement on an ethics package for the CLARITY Act, clearing a key hurdle for the crypto regulation bill that Coinbase has backed and lifting broader sector sentiment.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 16, 2026
No specific company catalyst identified in recent filings or credible coverage; the decline appears to reflect broader market or crypto sector moves amid ongoing regulatory debate around the CLARITY Act.
source 1 ↗source 2 ↗· confidence: low
Jul 15, 2026
Coinbase shares rose on reports it is now allowing registration and verification for users in mainland China using Chinese national IDs, potentially expanding access to a large market.
source 1 ↗source 2 ↗· confidence: medium
Jul 7, 2026
COIN moved lower with the broader market and crypto sector amid no company-specific catalyst reported in today's coverage.
· confidence: low
Jul 2, 2026
COIN rose alongside broader crypto market gains, with no company-specific catalyst identified in recent filings or news.
· confidence: low
Jul 1, 2026
Coinbase shares rose sharply after reports that the company joined a major partnership with Visa, Mastercard and others to launch a new USD stablecoin (Open USD / OUSD) via the Open Standard initiative.
source 1 ↗source 2 ↗· confidence: high
Jun 30, 2026
COIN fell with the broader crypto market amid ongoing weakness in digital asset prices and trading volumes, with additional pressure noted from competition in stablecoins.
· confidence: low
Jun 26, 2026
No clear company-specific catalyst identified in today's coverage or recent filings; the gain appears to reflect broader market or crypto sector movement.
· confidence: low
Jun 25, 2026
COIN fell with broader crypto market weakness and lower trading volumes, as Bitcoin remained volatile and sentiment turned cautious, with no company-specific catalyst reported today.
· confidence: low
Jun 24, 2026
COIN fell amid fresh analyst commentary questioning its valuation after recent AI and payments expansions, alongside a reiterated sell rating from Barclays.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about COIN

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$7.2B	$1.3B	4.45	17.6%	8.5%
FY2024	$6.6B	$2.6B	9.48	39.3%	25.1%
FY2023	$3.1B	$94.9M	0.37	3.1%	1.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$1.2B	$-359.5M	-1.36	-29.5%
2026Q1	$1.4B	$-394.1M	-1.49	-27.9%
2025Q3	$1.9B	$432.6M	1.50	23.1%
2025Q2	$1.5B	$1.4B	5.14	95.4%
2025Q1	$2.0B	$65.6M	0.24	3.2%
2024Q3	$1.2B	$75.5M	0.28	6.3%
2024Q2	$1.4B	$36.1M	0.14	2.5%
2024Q1	$1.6B	$1.2B	4.40	71.8%
2023Q3	$674.1M	$-2.3M	-0.01	-0.3%
2023Q2	$707.9M	$-97.4M	-0.42	-13.8%
2023Q1	$772.5M	$-78.9M	-0.34	-10.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/30/2026material
10-Q filing
SEC7/30/2026
8-K — Executive/director change, Exhibits
SEC7/23/2026material
8-K — Executive/director change, Exhibits
SEC7/9/2026material
8-K — Shareholder vote results
SEC6/18/2026material
8-K — Results of operations, Exhibits
SEC5/7/2026material
10-Q filing
SEC5/7/2026
8-K — Costs from exit/disposal
SEC5/5/2026material
8-K — Executive/director change
SEC4/10/2026material
8-K — Results of operations, Exhibits
SEC2/12/2026material
10-K filing
SEC2/12/2026

2025

8-K — Other events, Exhibits
SEC12/16/2025material
8-K — Results of operations, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
8-K — Other events, Exhibits
SEC8/15/2025material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Other events, Exhibits
SEC8/8/2025material
8-K — Other events, Exhibits
SEC8/6/2025material
8-K — Other events, Exhibits
SEC8/5/2025material
8-K — Results of operations, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.