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COINBASE GLOBAL, INC.

(COIN)
  Report
Delayed Nasdaq  -  04:00 2022-10-07 pm EDT
67.00 USD   -9.35%
10/06Insider Buy: Coinbase Global
MT
10/05Coinbase Launches Wallet Software Development Kit for Mobile Apps
MT
09/29Insider Buy: Coinbase Global
MT
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Crypto exchange Coinbase looks to expand footprint in Europe

07/01/2022 | 12:32pm EDT
FILE PHOTO: Illustration shows a representation of the cryptocurrency and Coinbase logo

(Reuters) - Cryptocurrency exchange Coinbase Global Inc said on Friday it was looking to expand in some European markets, even as the digital asset market continues to experience a downturn.

The company is in the process of expanding in France, Italy, Spain and the Netherlands, it said in a blog post, adding that it was aiming to launch its retail, institutional and developer products in all those markets. (https://bit.ly/3ugNHoa)

In June, Coinbase slashed 1,100 jobs, constituting nearly 18% of its workforce.

(Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber)


© Reuters 2022
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Analyst Recommendations on COINBASE GLOBAL, INC.
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Financials (USD)
Sales 2022 3 364 M - -
Net income 2022 -2 634 M - -
Net cash 2022 2 230 M - -
P/E ratio 2022 -6,35x
Yield 2022 -
Capitalization 16 640 M 16 640 M -
EV / Sales 2022 4,28x
EV / Sales 2023 3,45x
Nbr of Employees 3 730
Free-Float 77,1%
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Coinbase Global, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends COINBASE GLOBAL, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 73,91 $
Average target price 93,92 $
Spread / Average Target 27,1%
EPS Revisions
Managers and Directors
Brian Armstrong Chairman & Chief Executive Officer
Emilie Choi President & Chief Operating Officer
Alesia J. Haas Chief Financial Officer
Fred Ernest Ehrsam Independent Director
Frederick R. Wilson Lead Independent Director
Sector and Competitors