Coinbase Global (COIN) Competitors

$211.20
-3.14 (-1.46%)
(As of 05/8/2024 ET)

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

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 Truist Financial (TFC).

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 compare the two companies based on the strength of their media sentiment, earnings, institutional ownership, profitability, community ranking, valuation, analyst recommendations, risk and dividends.

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

Block presently has a consensus target price of $87.55, indicating a potential upside of 23.06%. Coinbase Global has a consensus target price of $200.63, indicating a potential downside of 5.00%. 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
3 Sell rating(s)
9 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.25

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% 2.07% 1.15%
Coinbase Global 33.98%9.42%0.30%

Block received 1295 more outperform votes than Coinbase Global when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 42.76% of users gave Coinbase Global an outperform vote.

CompanyUnderperformOutperform
BlockOutperform Votes
1419
69.52%
Underperform Votes
622
30.48%
Coinbase GlobalOutperform Votes
124
42.76%
Underperform Votes
166
57.24%

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$22.88B1.91$9.77M$0.7792.39
Coinbase Global$3.11B16.46$94.87M$5.0142.16

In the previous week, Coinbase Global had 23 more articles in the media than Block. MarketBeat recorded 80 mentions for Coinbase Global and 57 mentions for Block. Block's average media sentiment score of 0.52 beat Coinbase Global's score of 0.04 indicating that Coinbase Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
16 Very Positive mention(s)
7 Positive mention(s)
9 Neutral mention(s)
14 Negative mention(s)
2 Very Negative mention(s)
Neutral
Coinbase Global
29 Very Positive mention(s)
9 Positive mention(s)
21 Neutral mention(s)
9 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Summary

Block and Coinbase Global tied by winning 9 of the 18 factors compared between the two stocks.

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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$51.17B$6.25B$9.01B$7.78B
Dividend YieldN/A5.15%10.42%3.96%
P/E Ratio42.1610.8257.2319.45
Price / Sales16.467.313,379.4280.42
Price / Cash154.9923.8227.6928.62
Price / Book8.141.892.434.39
Net Income$94.87M$434.66M$995.87M$217.65M
7 Day Performance-7.71%1.23%1.07%1.02%
1 Month Performance-13.07%-3.36%-0.25%-2.68%
1 Year Performance250.77%31.51%17.53%9.46%

Coinbase Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SQ
Block
3.9913 of 5 stars
$71.60
-2.6%
$87.55
+22.3%
+21.0%$44.08B$21.92B92.9912,985Analyst Forecast
PYPL
PayPal
4.6764 of 5 stars
$65.92
+0.5%
$72.73
+10.3%
-15.5%$68.96B$29.77B16.6027,200Gap Up
GPN
Global Payments
4.9415 of 5 stars
$110.88
-0.2%
$150.00
+35.3%
+6.1%$28.30B$9.65B22.0027,000
SYF
Synchrony Financial
4.6933 of 5 stars
$45.27
-2.1%
$43.74
-3.4%
+66.5%$18.18B$20.71B6.4920,000Insider Selling
AFRM
Affirm
0.931 of 5 stars
$34.90
-3.1%
$27.86
-20.2%
+164.5%$10.71B$1.59B-14.022,171Analyst Forecast
News Coverage
BILL
BILL
4.612 of 5 stars
$57.71
+1.5%
$97.35
+68.7%
-42.2%$6.07B$1.06B-73.052,521Analyst Forecast
DLO
DLocal
4.5157 of 5 stars
$13.90
-1.1%
$18.38
+32.2%
-5.3%$4.11B$650.35M28.37901Upcoming Earnings
MQ
Marqeta
3.3864 of 5 stars
$5.83
+1.6%
$7.57
+29.9%
+30.9%$3.00B$676.17M-13.88771Earnings Report
Analyst Forecast
News Coverage
AXP
American Express
4.6431 of 5 stars
$234.62
+0.1%
$210.71
-10.2%
+54.3%$168.76B$60.52B19.3374,600Dividend Increase
Insider Selling
TFC
Truist Financial
4.4041 of 5 stars
$39.11
-0.8%
$41.88
+7.1%
+37.0%$52.20B$33.25B-29.6350,832Analyst Forecast
Options Volume
News Coverage

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This page (NASDAQ:COIN) was last updated on 5/9/2024 by MarketBeat.com Staff

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