Coinbase Global (COIN) Competitors

$207.60
+8.43 (+4.23%)
(As of 05/17/2024 ET)

COIN vs. SQ, PYPL, GPN, SYF, AFRM, BILL, DLO, MQ, AXP, and TRV

Should you be buying Coinbase Global stock or one of its competitors? The main competitors of Coinbase Global include Block (SQ), PayPal (PYPL), Global Payments (GPN), Synchrony Financial (SYF), Affirm (AFRM), BILL (BILL), DLocal (DLO), Marqeta (MQ), American Express (AXP), and Travelers Companies (TRV).

Coinbase Global vs.

Block (NYSE:SQ) and Coinbase Global (NASDAQ:COIN) are both large-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, community ranking, institutional ownership, valuation, media sentiment and dividends.

Block has a beta of 2.57, indicating that its stock price is 157% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.46, indicating that its stock price is 246% more volatile than the S&P 500.

Block presently has a consensus target price of $87.59, suggesting a potential upside of 21.22%. Coinbase Global has a consensus target price of $214.67, suggesting a potential upside of 3.40%. Given Coinbase Global's stronger consensus rating and higher possible upside, research analysts clearly believe Block is more favorable than Coinbase Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Block
1 Sell rating(s)
6 Hold rating(s)
27 Buy rating(s)
0 Strong Buy rating(s)
2.76
Coinbase Global
2 Sell rating(s)
9 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.35

70.4% of Block shares are owned by institutional investors. Comparatively, 68.8% of Coinbase Global shares are owned by institutional investors. 10.8% of Block shares are owned by insiders. Comparatively, 33.2% of Coinbase Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Coinbase Global has lower revenue, but higher earnings than Block. Coinbase Global is trading at a lower price-to-earnings ratio than Block, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Block$21.92B2.03$9.77M$0.7793.85
Coinbase Global$3.11B16.40$94.87M$5.0141.44

Block received 1294 more outperform votes than Coinbase Global when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 42.81% of users gave Coinbase Global an outperform vote.

CompanyUnderperformOutperform
BlockOutperform Votes
1419
69.52%
Underperform Votes
622
30.48%
Coinbase GlobalOutperform Votes
125
42.81%
Underperform Votes
167
57.19%

Coinbase Global has a net margin of 33.98% compared to Coinbase Global's net margin of 2.18%. Block's return on equity of 9.42% beat Coinbase Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Block2.18% 2.04% 1.12%
Coinbase Global 33.98%9.42%0.30%

In the previous week, Coinbase Global had 33 more articles in the media than Block. MarketBeat recorded 48 mentions for Coinbase Global and 15 mentions for Block. Coinbase Global's average media sentiment score of 0.80 beat Block's score of 0.53 indicating that Block is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
11 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Coinbase Global
17 Very Positive mention(s)
7 Positive mention(s)
13 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Positive

Summary

Block beats Coinbase Global on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding COIN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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COIN vs. The Competition

MetricCoinbase GlobalNondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$50.98B$6.49B$10.07B$7.99B
Dividend YieldN/A5.23%5.84%3.91%
P/E Ratio41.447.9837.0415.05
Price / Sales16.407.25207.8481.39
Price / Cash144.1230.8016.6831.98
Price / Book6.322.033.324.64
Net Income$94.87M$434.66M$1.01B$217.28M
7 Day Performance3.32%1.74%1.72%2.90%
1 Month Performance-1.62%5.60%4.59%6.66%
1 Year Performance265.62%37.02%19.56%9.89%

Coinbase Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SQ
Block
4.1031 of 5 stars
$71.17
+2.1%
$87.59
+23.1%
+21.4%$43.91B$21.92B92.4312,985
PYPL
PayPal
4.5737 of 5 stars
$64.58
+1.0%
$72.73
+12.6%
+5.2%$67.55B$30.43B16.2727,200
GPN
Global Payments
4.9877 of 5 stars
$110.19
+0.7%
$150.00
+36.1%
+4.9%$28.13B$9.78B21.8627,000Analyst Forecast
Analyst Revision
SYF
Synchrony Financial
4.8648 of 5 stars
$45.18
+0.6%
$43.74
-3.2%
+46.5%$18.14B$20.71B6.4820,000
AFRM
Affirm
1.1904 of 5 stars
$33.44
+4.5%
$27.53
-17.7%
+130.3%$10.26B$1.59B-15.002,171Gap Up
BILL
BILL
4.6345 of 5 stars
$58.71
+0.3%
$97.35
+65.8%
-39.3%$6.23B$1.06B-74.322,521Short Interest ↓
DLO
DLocal
4.5059 of 5 stars
$13.58
+1.2%
$18.38
+35.3%
-32.5%$4.02B$650.35M27.71901Analyst Forecast
News Coverage
High Trading Volume
MQ
Marqeta
3.1393 of 5 stars
$5.59
-0.4%
$7.43
+33.0%
+27.4%$2.87B$676.17M-15.53771Gap Up
AXP
American Express
4.6286 of 5 stars
$241.52
+1.2%
$210.71
-12.8%
+58.2%$173.73B$60.52B19.8974,600Short Interest ↑
TRV
Travelers Companies
4.5395 of 5 stars
$217.59
+0.5%
$222.65
+2.3%
+19.8%$49.83B$42.90B16.1733,300

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This page (NASDAQ:COIN) was last updated on 5/19/2024 by MarketBeat.com Staff

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