Coinbase Global, Inc.
At today's price, Coinbase Global, Inc. (COIN) is priced for today's economics sustained for ~17.8 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
Coinbase is a crypto exchange whose reported results swing with crypto prices: first-quarter 2026 revenue fell about 31% to $1.41 billion and it posted a GAAP loss, mostly from unrealized losses on its own crypto holdings, even as it gained trading market share to an all-time-high 8.6%. The market is paying for the up-cycle, not the down one. At $163.31 (as of June 27, 2026) the stock trades around 3.2x book value of about $51 per share, and no standard valuation method reaches the price; the i
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1,135 institutional managers reported holding COIN in 13F filings for the quarter ended 2026-03-31. Together they hold about 53% of the company; the top 10 hold 29%. 109 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 26.8M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
COIN's share count grew 29.3% over the past five years even with $1.06B spent on repurchases. It pays no dividend. Cash returned over the past three years: $1.06B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at COIN over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
COIN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | -3.5% | -10.1% |
| 2023-11-03 | +10.3% | +79.5% |
| 2024-02-16 | +12.4% | +17.0% |
| 2024-05-03 | +6.3% | +0.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
COIN's latest 8-K filings: 2026-07-09 (items 5.02, 9.01); 2026-06-18 (items 5.07); 2026-05-07 (items 2.02, 9.01); 2026-05-05 (items 2.05); 2026-04-10 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 3, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.