We scour the net for great ideas, so you don't have to
Claim this username to collect earnings from this post, and the portfolio!
Coinbase (founded 2012) is the largest cryptocurrency exchange in the United States by trading volume.
Who uses Coinbase?
Coinbase is in 100+ counties, and they have over 68 million verified users. Last quarter, Retail Monthly Transacting Users (MTUs) grew to 8.8 million, up 44% from Q1 2021.
How do they many money?
Last quarter they had $2.0 billion in net revenue, including $1.9 billion from transactions and $100 million in subscription & services revenue.
What does the future have in store for Coinbase?
Buy the stock! Buy calls! Sell puts! Oppenheimer's Owen Lau rates COIN an Outperform with a $444 price target. That is 45% upside from here.
This company has massive YoY revenue growth, and they have actual earnings.
|Company||Q2 Net Income||Current Market Cap|
I pity the fool that doesn't buy $COIN.