why is coinbase valued so high

Last Updated on March 23, 2023 by Paganoto

Coinbase Valued at $86 Billion in 'Landmark Moment' for Crypto

Coinbase Valued at $86 Billion in 'Landmark Moment' for Crypto

Coinbase Share Price The company, which takes a transaction fee, has been riding high on a boom year for cryptocurrencies, as investors have poured money into the assets and driven their prices to new highs.Jun 25, 2021

Coinbase Stock Falls 50% From Its Highs, Time To Buy?

Coinbase Stock Falls 50% From Its Highs, Time To Buy?

Coinbase currently trades at just about 21x projected 2021 earnings, which is a reasonable valuation for a futuristic stock with solid earnings …

Coinbase Stock: Is It A Buy Right Now After Hitting An All-Time …

Coinbase Stock: Is It A Buy Right Now After Hitting An All-Time …

Coinbase stock shot up nearly 72% to 429.54 before closing its first day of trading at 328.28, up 31.3%, for a valuation of $87.3 billion.

Coinbase: A Strong Buy On Growth And Valuation

Coinbase: A Strong Buy On Growth And Valuation

Lastly, trading on Coinbase Global is expensive due to high fees. While high fees are driving the firm’s profitability right now, in the longer …

Why Coinbase Could Double Thanks To NFTs Alone

Why Coinbase Could Double Thanks To NFTs Alone

We think Coinbase is an exceptionally strong buy at the current valuation, and between $114 and $140 a share at a P/E ratio of 8.6 while growing …

1 Stock With High Growth and Great Value | The Motley Fool

1 Stock With High Growth and Great Value | The Motley Fool

Coinbase makes most of its money from crypto transaction fees, but it’s exploring new markets. When you couple the company’s competitive …

Coinbase is really worth $5 billion, not $100 billion: strategist

Coinbase is really worth $5 billion, not $100 billion: strategist

So the idea that Coinbase would grow revenues 150% — to the combined revenues of Intercontinental Exchange and Nasdaq — while also having …

Should you buy Coinbase? The valuation is ridiculous, based …

Should you buy Coinbase? The valuation is ridiculous, based …

Coinbase’s expected valuation of $100 billion implies that its revenue will be 1.5 times the combined 2020 revenues of two of the most …

The mathematical improbability of Coinbase justifying a $100 …

The mathematical improbability of Coinbase justifying a $100 …

Wall Street analysts and Bitcoin-loving investors are forecasting that Coinbase could debut at a $100 billion valuation.

Coinbase Melts Down Even as Wall Street Is Bullish on …

Coinbase Melts Down Even as Wall Street Is Bullish on …

From a November peak, its market value is down more than 80% … “Yet we believe the cost at which this is achieved is too high, and it is …