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Coinbase Global (COIN) stock forecast for 2024
Updated: March 26, 2024 (15:12)
Sector: TechnologyThe share price of Coinbase Global, Inc. (COIN) now
50/200 Day Moving Average: $176.57 / $115.54
This figure corresponds to the Average Price over the previous 50/200 days. For Coinbase Global stocks, the 50-day moving average is the resistance level today.
For Coinbase Global stocks, the 200-day moving average is the resistance level today.
Are you interested in Coinbase Global, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Coinbase Global stock price in 2024. How much will one Coinbase Global share be worth in 2024? Is it worth taking profit / loss on COIN stock now or waiting? What are analysts' forecasts for Coinbase Global stock?
We forecast Coinbase Global stock performance using neural networks based on historical data on COIN stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Coinbase Global, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Coinbase Global analysts is $88.29. Today 200 Day Moving Average is the support level (115.54 $). 50 Day Moving Average is the support level (176.57 $).
Historical and forecast chart of Coinbase Global, Inc. stock
The chart below shows the historical price of Coinbase Global stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the COIN stock price can be found in the table below.
Coinbase is the most convenient platform for buying and selling cryptocurrency. Coinbase Global Inc is a provider of end-to-end financial infrastructure and technology for the crypto economy. He generates almost all of his net income from the transaction fees that take place on his platform. Geographically, it derives most of its income from the United States, followed by the rest of the world.
Coinbase Global (COIN) Forecast for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr | 137.45 | 132.50 | 151.26 | 12.40 % |
May | 145.70 | 130.62 | 151.38 | 13.72 % |
Jun | 154.88 | 138.61 | 169.28 | 18.12 % |
Jul | 161.38 | 148.79 | 175.42 | 15.18 % |
Aug | 142.98 | 126.04 | 159.71 | 21.08 % |
Sep | 132.90 | 126.13 | 142.87 | 11.72 % |
Oct | 136.49 | 125.23 | 147.55 | 15.12 % |
Nov | 130.55 | 121.55 | 137.21 | 11.42 % |
Dec | 138.97 | 132.30 | 152.94 | 13.49 % |
Coinbase Global information and performance
C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON, DE, US
Market capitalization of the Coinbase Global, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of COIN shares in the company outstanding by the market price of one share.
EBITDA of Coinbase Global is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Coinbase Global price target for 2024 by month
Target values for the price of one Coinbase Global share for Apr 2024.
In Apr, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 12.403% volatility is expected.
Pessimistic target level: 132.50
Optimistic target level: 151.26
Target values for the price of one Coinbase Global share for May 2024.
In May, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 13.715% volatility is expected.
Pessimistic target level: 130.62
Optimistic target level: 151.38
Target values for the price of one Coinbase Global share for Jun 2024.
In Jun, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 18.115% volatility is expected.
Pessimistic target level: 138.61
Optimistic target level: 169.28
Target values for the price of one Coinbase Global share for Jul 2024.
In Jul, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 15.179% volatility is expected.
Pessimistic target level: 148.79
Optimistic target level: 175.42
Target values for the price of one Coinbase Global share for Aug 2024.
In Aug, the Negative dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 21.083% volatility is expected.
Pessimistic target level: 126.04
Optimistic target level: 159.71
Target values for the price of one Coinbase Global share for Sep 2024.
In Sep, the Negative dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 11.720% volatility is expected.
Pessimistic target level: 126.13
Optimistic target level: 142.87
Target values for the price of one Coinbase Global share for Oct 2024.
In Oct, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 15.125% volatility is expected.
Pessimistic target level: 125.23
Optimistic target level: 147.55
Target values for the price of one Coinbase Global share for Nov 2024.
In Nov, the Negative dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 11.417% volatility is expected.
Pessimistic target level: 121.55
Optimistic target level: 137.21
Target values for the price of one Coinbase Global share for Dec 2024.
In Dec, the Positive dynamics for Coinbase Global, Inc. shares will prevail with possible monthly volatility of 13.493% volatility is expected.
Pessimistic target level: 132.30
Optimistic target level: 152.94
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.