COIN Coinbase Global, Inc.

mixed 4/10 shifts correct ↓ $189.03 +6.78 (+3.7%)
Mkt Cap $50B P/E 69.5 fwd 38.2 52wk $139.36 - $444.65 Earnings mixed Updated Sunday
What We Found Primary source analysis others skip
Material Events (8-K)
8-K
Departure of Director

Paul Clement has informed Coinbase Global, Inc. that he will not stand for re-election to the Board of Directors at the 2026 Annual Meeting, resulting in a reduction of the Board size from ten to nine...

Filed 2026-04-10 · Paul Clement
8-K
Entry into a Material Definitive Agreement 3 billion

Coinbase Global, Inc. completed a private offering of zero-coupon Convertible Senior Notes totaling $3 billion ($1.5 billion due 2029 and $1.5 billion due 2032), including full exercise of $400 millio...

Filed 2025-08-08 · Coinbase Global, Inc., U.S. Bank Trust Company, National Association (Trustee)
8-K
Acquisition Bullish $700 million in cash plus approximately 11 million shares of…

Coinbase Global, Inc. entered into a Share Purchase Agreement to acquire all issued and outstanding ordinary shares of Sentillia B.V. (Deribit). The purchase consideration includes $700 million in cas...

Filed 2025-05-08
Insider selling: $3,255,473 sold by 5 insiders (30d)
Factor divergence: DIVERGENCE: price_momentum bullish vs estimate_revisions, analyst_revisions bearish
Est. revisions: -85.2% (3 up, 9 down in 30d)
Factor Model (net -2.6)

Factor Model

net -2.6 5.4 / 10
Est. Revisions
-1.0
Insider Activity
+0.0
Momentum
+0.3
Analyst Rev.
-0.8
Narrative Gap
+0.0

Coinbase Launches Regulated Crypto Futures Amid Clarity Act Clash

Watch: Monitor August CLARITY Act vote for stablecoin yield terms and Coinbase futures volume trends as key business drivers.

Coinbase partnered with Kalshi to launch the first CFTC-regulated perpetual crypto futures for U.S. investors, tapping into a $61.7 trillion market growing 29% from 2024. This expands Coinbase's regulated offerings and potential revenue with futures allowing up to 50x leverage. However, JPMorgan CEO Jamie Dimon publicly criticized Coinbase CEO Brian Armstrong for lobbying the CLARITY Act, spotlighting regulatory friction and risks for stablecoin yield provisions that face opposition and uncertain passage.

This launch signals Coinbase's strategic push into regulated crypto derivatives, diversifying revenue amid traditional earnings pressure, while regulatory challenges around the CLARITY Act threaten stablecoin business models, adding near-term political risk.

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Evidence

7 older signals
Fundamentals & Data ▾
Coinbase Global, Inc. Financial Services · Financial Data & Stock Exchanges
Mkt Cap
$50B
P/E
69.5 fwd 38.2
Beta
3.38
52w Range
$139.36 - $444.65
Short Interest
25.6M 11.66%
Days to Cover
2.4 +2%
Technicals downtrend
vs 20d MA
-3.0%
vs 50d MA
-0.2%
from 52w Hi
-51.2%
Vol (20d)
65%
1w return
-2.3%
1m return
+4.0%
3m return
+7.5%
Vol ratio
0.9x
Insiders
selling 0B / 12S
Analysts
bearish 0 up / 1 down
Earnings
mixed 2B / 2M
EPS Estimate
$0.08 -85.2% 30d 3up / 9dn
Est. Dispersion
1013% 13 analysts
Analyst Target
$232 $107 - $400
Options P/C
0.45 4C / 3P unusual
Insider Cluster
strong sell 0B / 2S
Fund Convergence
strong Citadel, D.E. Shaw, Soros
Financials
Revenue
$1.4B -30% YoY
FCF
$183M
Gross Margin
70%
Op Margin
1%
Momentum: decelerating
Top Holders
Citadel $2.1B
D.E. Shaw $19M
Soros $8M
Recent Filings & Data
insider trade 7
net selling · $3,255,473 sold
5 insiders · 7 transactions (30d)
Recent transactions
HAAS ALESIA J · sell · $2,004,990
BROCK LAWRENCE J · sell · $1,250,483
GREWAL PAUL · other
CHOI EMILIE MONICA · other
BROCK LAWRENCE J · other
HAAS ALESIA J · other
JONES JENNIFER N · other
material event 3

Paul Clement has informed Coinbase Global, Inc. that he will not stand for re-election to the Board of Directors at the 2026 Annual Meeting, resulting in a reduction of the Board size from ten to nine directors. SEC↗

Coinbase Global, Inc. completed a private offering of zero-coupon Convertible Senior Notes totaling $3 billion ($1.5 billion due 2029 and $1.5 billion due 2032), including full exercise of $400 million options by initial purchasers. These are senior unsecured notes with no regular interest and maturity in 2029 and 2032 respectively. SEC↗

Coinbase Global, Inc. entered into a Share Purchase Agreement to acquire all issued and outstanding ordinary shares of Sentillia B.V. (Deribit). The purchase consideration includes $700 million in cash and approximately 11 million shares of Coinbase Class A common stock, with adjustments and escrow arrangements. SEC↗

Track Record (4/10 correct) ▾

Direction History

4/10 correct at 5 days
2026-05-18 bearish -5.0%
2026-05-13 bullish -5.2%
2026-05-08 bearish -2.9%
2026-05-05 bearish +5.0%
2026-05-01 bearish +5.2%
2026-04-21 bearish -0.9%
2026-04-09 bearish +18.2%
2026-03-20 bullish -18.4%
2026-03-20 bearish -18.4%
2026-03-12 bearish +5.0%
15 signals · latest 20h ago

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