C
Hold
3/25/2024Upgraded
Coinbase Global, Inc. (COIN) was upgraded to C- from E+ on 3/25/2024 due to a significant increase in the growth index, efficiency index and total return index. Net income increased 12,172.27% from -$2.27M to $273.44M, earnings per share increased from -$0.01 to $1.0345, and EBIT increased 126.48% from -$124.65M to $33M.
E
Sell
12/1/2023Downgrade
Coinbase Global, Inc. (COIN) was downgraded to E+ from D- on 12/1/2023 due to a decline in the valuation index.
D
Sell
8/21/2023Upgraded
Coinbase Global, Inc. (COIN) was upgraded to D- from E+ on 8/21/2023 due to an increase in the valuation index and total return index.
E
Sell
8/4/2023Downgrade
Coinbase Global, Inc. (COIN) was downgraded to E+ from D on 8/4/2023 due to a significant decline in the growth index, valuation index and efficiency index. EBIT declined 83.79% from $83.75M to $13.58M, operating cash flow declined 67.37% from $463.08M to $151.12M, and net income declined 23.46% from -$78.9M to -$97.41M.
D
Sell
4/29/2022Downgrade
Coinbase Global, Inc. (COIN) was downgraded to D from D+ on 4/29/2022 due to a decline in the total return index and volatility index.
D
Sell
2/25/2022Downgrade
Coinbase Global, Inc. (COIN) was downgraded to D+ from C- on 2/25/2022 due to a decline in the volatility index and total return index.
C
Hold
1/26/2022Downgrade
Coinbase Global, Inc. (COIN) was downgraded to C- from C on 1/26/2022 due to a substantial decline in the growth index and volatility index. Operating cash flow declined 91.41% from $3.98B to $342.05M, earnings per share declined from $6.9368 to $1.6179, and EBIT declined 59.82% from $1.22B to $488.63M.
C
Hold
10/18/2021Upgraded
Coinbase Global, Inc. (COIN) was upgraded to C from C- on 10/18/2021 due to an increase in the volatility index and total return index.
C
Hold
10/15/2021Upgraded
Coinbase Global, Inc. (COIN) was upgraded to C- from D+ on 10/15/2021 due to a substantial increase in the valuation index, growth index and volatility index. Earnings per share increased from $1.1015 to $6.4202, total revenue increased 23.7% from $1.8B to $2.23B, and operating cash flow increased 16.74% from $3.41B to $3.98B.
D
Sell
7/8/2021None
Coinbase Global, Inc. (COIN) was downgraded to D+ from U on 07/08/2021.
