A Look At Coinbase Global (COIN) Valuation After Regulatory Setbacks And Crypto Market Weakness
Interest in Coinbase Global (COIN) has picked up after a series of regulatory setbacks, crypto market weakness, and cautious analyst views, even as the company rolls out new services to broaden its business.
See our latest analysis for Coinbase Global.
Recent headlines around regulatory scrutiny, cautious earnings expectations, and a weaker crypto backdrop have gone hand in hand with a 24.0% year to date share price decline. At the same time, the 3 year total shareholder return of about 1.5x still points to a very strong earlier run, suggesting that momentum has been fading into Coinbase’s upcoming February 12 earnings update.
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