Added to YB: 2026-05-15
Pitch date: 2026-05-13
COIN [bullish]
Coinbase Global, Inc.
Author Info
No bio for this author
Company Info
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.
Market Cap
$54.7B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
52.10
P/E
72.52
EV/Sales
8.31
Sector
Capital Markets
Category
growth
Actionable Stock Set-up 12: Coinbase Global, Inc. (COIN)
COIN: Transitioning from crypto broker to agentic infrastructure execution layer. Q1 rev $1.41B (-30.5% YoY), net loss $394M on crypto headwinds, but 57% rev still tied to Bitcoin. Base captures 62% global stablecoin volume via x402 protocol for AI agent payments at fractions of cent vs Visa's $0.30. $21T USDC volume, 90% agent txns on Base. Agentic commerce projected $3-5T by 2030. Risks: crypto correlation 0.59, competition from Google AP2/Stripe ACP. Trades 78x LTM P/E, 7.7x EV/S. Position Journal holds 10% portfolio at $174 avg.
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