Coinbase Global Inc (COIN) stock has fallen -20.58% since Wednesday, April 14, 2021 when the stock began trading, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives COIN stock a score of 23 out of a possible 100.
That rank is mainly influenced by a long-term technical score of 0. COIN’s rank also includes a short-term technical score of 18. The fundamental score for COIN is 51. In addition to the average rating from Wall Street analysts, COIN stock has a mean target price of $353.53. This means analysts expect the stock to add 35.60% over the next 12 months.
What’s Happening with COIN Stock Today
Coinbase Global Inc (COIN) stock has gained 0.61% while the S&P 500 has gained 0.54% as of 11:44 AM on Monday, Aug 30. COIN has gained $1.59 from the previous closing price of $259.12 on volume of 1,175,523 shares. Over the past year the S&P 500 has risen 9.92% while COIN has fallen -20.58%. COIN earned $7.98 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.69.
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