Now that Coinbase is publicly traded, you can buy and sell its shares on the stock market like any other public company. However, what’s unique about this stock is that your investment’s potential success is tied to the popularity and trading volume of cryptocurrencies.
What is the forecast for coin?
Coinbase Global Inc (NASDAQ:COIN) The 21 analysts offering 12-month price forecasts for Coinbase Global Inc have a median target of 90.00, with a high estimate of 290.00 and a low estimate of 42.00. The median estimate represents a +58.93% increase from the last price of 56.63.
What is the beta of Coinbase?
Coinbase Global Inc.Volume15.36MBeta2.85Short Interest33.06M (07/15/22)Short Interest Change33.06MPercent of Float22.27%7 more rows
Who owns Coinbase Inc?
CoinbaseTypePublic companyFoundersBrian Armstrong Fred EhrsamHeadquartersNo headquartersArea served100+ countriesKey peopleBrian Armstrong (CEO) Emilie Choi (President & COO) Alesia Haas (CFO)13 more rows
Is Coinbase stock a good investment?
Analysts at 16 of 21 brokerages surveyed by Factset rate Coinbase a Buy, with an average target price of $270. That implies gains of more than 100% from recent prices around $133 . Wall Street generally expects Coinbase to turn a profit this year, with a consensus 2022 EPS of 17 cents.
Why can’t I cash out on Coinbase?
However, you’ll need to wait until any existing Coinbase account holds or restrictions have expired before you can cash out with your bank account. Withdrawal-based limit holds typically expire at 4 pm PST on the date listed.