Cryptocurrency markets had a poor start to 2026, and falling valuations drove Coinbase back into unprofitability in the first half of 2026. However, as cryptocurrency markets have partially recovered, the firm's prospects have improved in recent months.
Coinbase's vision to become an "everything exchange" could prove to be more succesful than expected, driving faster revenue growth from new trading products.
Cryptocurrency markets have historically been deeply cyclical, with long periods of low prices and depressed trading volume. Persistent cryptocurrency weakness could put significant pressure on Coinbase.
|
Metric
|
COIN
|
XYZ
|
ICE
|
|---|---|---|---|
Price/Earnings (Normalized) | 105.73 | 24.20 | 19.75 |
Price/Book Value | 3.82 | 2.02 | 2.88 |
Price/Sales | 8.43 | 1.80 | 6.44 |
Price/Cash Flow | 28.53 | 11.27 | 15.19 |
|
Metric
|
COIN
|
XYZ
|
ICE
|
|---|---|---|---|
Quick Ratio | 1.53 | 1.96 | 0.04 |
Current Ratio | 2.42 | 2.21 | 1.01 |
Interest Coverage | −12.91 | 4.61 | 7.50 |
|
Metric
|
COIN
|
XYZ
|
ICE
|
|---|---|---|---|
Return on Assets (Normalized) | 5.38% | 4.80% | 2.82% |
Return on Equity (Normalized) | 10.82% | 8.45% | 15.06% |
Return on Invested Capital (Normalized) | 7.59% | 6.80% | 9.95% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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SPGI
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CME
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ICE
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MCO
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NDAQ
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MSCI
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CBOE
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TRU
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| FactSet Research Systems Inc
FDS
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United States