COIN
COIN
$195.23
+$0.12 (+0.06%)
About
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Price History (Last 30 Days)
Latest News & Updates
Coinbase Global (COIN) declined 1.46% on September 23, 2026, underperforming the...
Coinbase Global (COIN) declined 1.46% on September 23, 2026, underperforming the S&P 500's 0.76% loss. The stock holds a Zacks Rank #4 (Sell) rating. Analysts project negative EPS of -$0.09 for the upcoming quarter (down 106.25% YoY) and full-year EPS of -$0.21, though consensus revenue estimates of $1.15B for the quarter and $5.25B annually show declines of 38.62% and 26.83% respectively. However, consensus EPS estimates have improved 51.52% over the past month.
Robinhood Markets stock surged nearly 3% on Monday, outperforming the S&P 500, d...
Robinhood Markets stock surged nearly 3% on Monday, outperforming the S&P 500, driven by a cryptocurrency price boom and a bullish analyst report on tokenized stocks. Bernstein SocGen analyst Gautam Chhugani highlighted Robinhood as a key player in tokenized stock trading, following the SEC's recent approval for U.S. financial services companies to offer such trading services.
The Nasdaq hit a record close on September 21, 2026, gaining 2.26% to 27,122, dr...
The Nasdaq hit a record close on September 21, 2026, gaining 2.26% to 27,122, driven by semiconductor strength and AI optimism. The S&P 500 rose 1.49% to 7,765 while the Dow gained 0.71% to 52,049. Advanced Micro Devices jumped nearly 10% and Meta Platforms soared over 11% following strong AI developments. Bitcoin surged above $87,000 for the first time since January. However, Morgan Stanley warned that further market turbulence could occur if energy prices rise and Treasury yields remain elevated.
Robinhood Markets is rapidly gaining dominance in tokenized stock trading throug...
Robinhood Markets is rapidly gaining dominance in tokenized stock trading through its newly launched Robinhood Chain, capturing significant market share from competitors like BNB Chain and Coinbase's Base. With 28 million users and $146 million in tokenized stocks on its platform, Robinhood is positioned to become a crypto juggernaut, though crypto revenue remains only 7.6% of total revenue and upcoming removal of gas fee subsidies could impact activity.
An analysis of technical trading setups identifies three stocks with bullish pat...
An analysis of technical trading setups identifies three stocks with bullish patterns: SanDisk benefits from AI memory demand with a multi-month base forming a bull flag; Coinbase rebounded on SEC regulatory approval for tokenized stock trading, recapturing its 200-day moving average on high volume; and Moderna surged 176% on cancer therapy Phase 3 data and is consolidating in a high-tight flag pattern.
Bitcoin faces a steep uphill battle to reach $100,000 by end of 2026, with predi...
Bitcoin faces a steep uphill battle to reach $100,000 by end of 2026, with prediction markets giving it only a 16% chance by January 2027. The failed passage of the Digital Asset Market Clarity Act removes a key catalyst. However, the Bitcoin halving cycle suggests the market may have bottomed, with historically strong October-November performance potentially driving a recovery toward $100,000.
Coinbase Global Inc. (COIN) trades at a significant premium valuation (80.17X fo...
Coinbase Global Inc. (COIN) trades at a significant premium valuation (80.17X forward P/E vs. 15.56X industry average) despite outperforming its sector by 6.6% over three months. While the company is diversifying into stablecoins, custody, tokenized assets, and prediction markets with strong strategic initiatives, it faces headwinds from crypto price volatility, rising costs, and softer trading revenues. Zacks rates COIN as a Sell (Rank #4), recommending investors avoid the stock due to stretched valuation and near-term profitability pressures.
Several stocks moved significantly in market trading: Coinbase Global gained 5.8...
Several stocks moved significantly in market trading: Coinbase Global gained 5.8% following new SEC tokenization rules, CoreWeave fell 4.2% after announcing a $3 billion convertible debt offering, SanDisk jumped 6.2% on broad tech rally strength, and Newmont Corporation rose 2.2% as precious metals benefited from falling yields and a weaker dollar.
The SEC's September 17 Innovation Exemption creates a five-year pathway for toke...
The SEC's September 17 Innovation Exemption creates a five-year pathway for tokenized U.S. stocks to trade on blockchain-based venues, potentially benefiting Robinhood Markets. However, Robinhood must adapt its existing Stock Token infrastructure to meet SEC requirements for shareholder rights and voting privileges. While this presents a long-term growth opportunity, competitors like Coinbase and Intercontinental Exchange are advancing similar platforms, intensifying competition. The development is viewed as an incremental strategic positive rather than an immediate earnings catalyst.
Robinhood faces regulatory headwinds in its fast-growing prediction markets busi...
Robinhood faces regulatory headwinds in its fast-growing prediction markets business as Connecticut and Michigan impose restrictions on sports event contracts. Despite event contracts generating $156 million in Q2 2026—exceeding equities and crypto revenues—regulatory uncertainty from state enforcement and federal court rulings on unlicensed gambling could limit market access and growth. Competitors Interactive Brokers and Coinbase are also scaling prediction market offerings.
