Latest news with #COIN
Yahoo
a day ago
- Business
- Yahoo
3 Cash-Producing Stocks for Long-Term Investors
Businesses with strong free cash flow tend to be more adaptable and resilient. Some of these companies shine bright by using their cash wisely to strengthen their market positions. Identifying the most effective companies isn't easy, and that's why we started StockStory. That said, here are three cash-producing companies that excel at turning cash into shareholder value. Coinbase (COIN) Trailing 12-Month Free Cash Flow Margin: 28.2% Widely regarded as the face of crypto, Coinbase (NASDAQ:COIN) is a blockchain infrastructure company updating the financial system with its trading, staking, stablecoin, and other payment solutions. Why Are We Backing COIN? Customer spending is rising as the company has focused on monetization over the last two years, leading to 58.2% annual growth in its average revenue per user Incremental sales significantly boosted profitability as its annual earnings per share growth of 64.5% over the last two years outstripped its revenue performance Robust free cash flow margin of 25.9% gives it many options for capital deployment, and its improved cash conversion implies it's becoming a less capital-intensive business Coinbase is trading at $407.50 per share, or 31.4x forward EV/EBITDA. Is now the right time to buy? See for yourself in our in-depth research report, it's free. Ross Stores (ROST) Trailing 12-Month Free Cash Flow Margin: 7.6% Selling excess inventory or overstocked items from other retailers, Ross Stores (NASDAQ:ROST) is an off-price concept that sells apparel and other goods at prices much lower than department stores. Why Are We Positive On ROST? Aggressive strategy of rolling out new stores to gobble up whitespace is prudent given its same-store sales growth Same-store sales growth averaged 3.5% over the past two years, showing it's bringing new and repeat shoppers into its stores ROIC punches in at 28.3%, illustrating management's expertise in identifying profitable investments, and its rising returns show it's making even more lucrative bets At $136.58 per share, Ross Stores trades at 20.6x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. H&R Block (HRB) Trailing 12-Month Free Cash Flow Margin: 17.5% Founded in 1955 by brothers Henry W. Bloch and Richard A. Bloch, H&R Block (NYSE:HRB) is a tax preparation company offering professional tax assistance and financial solutions to individuals and small businesses. Why Are We Bullish on HRB? Remarkable 30.5% revenue growth over the last five years demonstrates its ability to capture significant market share Share buybacks catapulted its annual earnings per share growth to 41.5%, which outperformed its revenue gains over the last five years Stellar returns on capital showcase management's ability to surface highly profitable business ventures, and its returns are climbing as it finds even more attractive growth opportunities H&R Block's stock price of $54.57 implies a valuation ratio of 16.4x forward EV-to-EBITDA. Is now a good time to buy? See for yourself in our comprehensive research report, it's free. High-Quality Stocks for All Market Conditions When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
2 days ago
- Business
- Business Insider
COIN, CRCL, MSTR: Crypto Stocks Fall After Trump Signs Stablecoin Bill into Law
Stocks of cryptocurrency companies such as Coinbase Global (COIN) and Circle Internet Group (CRCL) are down after U.S. President Donald Trump signed into law a bill that regulates stablecoins. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Trump has signed the 'GENIUS Act' into law, marking a huge win for the crypto industry that had been lobbying for a regulatory framework to gain greater legitimacy among investors. The crypto legislation landed on Trump's desk after it was passed in the U.S. House of Representatives by a vote of 308 to 122, following earlier approval in the Senate. The GENIUS Act bans yields, or interest payments, on regulated stablecoins, a move that is helping to boost cryptocurrencies such as Ethereum (ETH) that provide yield generation. Ethereum is currently trading near $3,800, its highest level of the year. Stablecoins are cryptocurrencies whose value is pegged to an underlying asset, typically the U.S. dollar or price of gold. Use Case Stablecoin use has exploded in recent months, with some Wall Street banks such as Bank of America (BAC) announcing plans to launch their own stablecoins. However, news that Trump signed the GENIUS Act into law has crypto stocks such as Coinbase and stablecoin issuer Circle trading lower. Analysts say investors are taking profits after a bull run in the lead-up to the legislation's passage. Other well-known crypto stocks such as Strategy (MSTR) and miners such as Riot Platforms (RIOT) are also trending lower or trading flat on July 22. At the same time, cryptocurrencies are advancing, with prices for digital assets such as Solana (SOL) climbing 5% and Bitcoin (BTC), the largest cryptocurrency by market capitalization, up 2% in the past 24 hours. Is COIN Stock a Buy? The stock of Coinbase Global has a consensus Moderate Buy rating among 25 Wall Street analysts. That rating is based on 13 Buy, 11 Hold, and one Sell recommendations issued in the last three months. The average COIN price target of $342.40 implies 18.43% downside risk from current levels.
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer Notes Coinbase Stock is 'Cheapest of the Group'
Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks on Jim Cramer's radar. Cramer noted that it is the only crypto company in the S&P 500. He remarked: 'Finally, Coinbase means crypto. 52 million Americans have kept their crypto there, part of a hundred million users globally. It's the only crypto company in the S&P 500, so it's the perfect poster child for the group. Again, Coinbase, immensely profitable and at 40 times earnings, it's actually the cheapest of the group. How can that be?' A shot of someone securely accepting crypto assets as payment, showcasing the company's payment solutions. Coinbase (NASDAQ:COIN) provides a platform for buying, selling, and managing crypto assets, offering tools for consumers, institutions, and developers to engage with the crypto economy. In a June episode, Cramer said that the company is going higher. 'Next, Coinbase. Alright, the cryptocurrency stocks, they just never want to quit. And this is a group that matters, even if older portfolio managers don't care [and] look the other way. I think this one's going higher, to who knows where.' While we acknowledge the potential of COIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
6 days ago
- Business
- Time of India
Coinbase stock hits new yearly high at $415 as Bitcoin tops $122K — Is this just the start of a bigger Crypto Week rally?
Coinbase stock just reached a new 52-week high, climbing to $415.96 on July 17, riding the wave of a booming crypto market led by Bitcoin's sharp rise above $122,000. This milestone comes as Bitcoin continues its explosive run, more than doubling in value over the past year, fueled by growing investor interest, favorable political winds, and regulatory developments during what's now being called 'Crypto Week'. With Coinbase holding a market cap of $101 billion, investors are asking: Can COIN go even higher? Why is coinbase stock soaring right now? The surge in Coinbase stock (COIN) is closely tied to the Bitcoin rally, which has gathered intense momentum over recent weeks. Bitcoin (BTCUSD) trading above $122,000 marks a historic phase for the cryptocurrency market. Investors are watching closely as the U.S. House of Representatives prepares to debate crypto-friendly legislation, which could reshape the U.S. into a major regulatory hub for digital assets. Explore courses from Top Institutes in Select a Course Category Design Thinking Finance Public Policy Degree MBA Product Management Data Science Data Analytics others Leadership Data Science Digital Marketing Management healthcare Project Management Healthcare Operations Management PGDM MCA CXO Artificial Intelligence Cybersecurity Technology Others Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Meanwhile, U.S.-listed Bitcoin ETFs saw over $2.7 billion in inflows last week alone, their strongest performance since launch in 2024. The crypto market is also benefiting from growing confidence in the Republican-led policy agenda, with many betting on President Donald Trump's return to power as a net positive for crypto. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Specialist Down Jackets for Ultralight Adventures Trek Kit India Learn More Undo What is Coinbase's current financial performance? Coinbase continues to show strong financial numbers. In Q1 2025, the company reported: $2.03 billion in total revenue, up 24% year-over-year, though slightly below analyst expectations of $2.11 billion Transaction revenue rose 17.2% to $1.3 billion, with: Consumer trading volume up 39% YOY to $78 billion Institutional trading volume up 23% YOY to $315 billion Subscriptions and services revenue grew 37% to $698.1 million, driven by stablecoin interest and Coinbase One Adjusted EPS stood at $1.94, slightly above the consensus estimate of $1.93 but down 23% from a year ago Adjusted EBITDA hit $929.9 million, though it declined by 8.3% YOY Coinbase ended the quarter with $8.1 billion in cash Despite higher costs, these numbers underline the company's resilience and ability to grow in a volatile market. Live Events How does the deribit acquisition change coinbase's future? One major game-changer for Coinbase this year is its $2.9 billion acquisition of Deribit, a leading global crypto options exchange. Deribit brings: Over $30 billion in open interest More than $1 trillion in non-U.S. trading volume in 2024 This deal positions Coinbase as a dominant force in crypto derivatives, giving it a stronger foothold in the global market. It also helps Coinbase diversify beyond just spot trading, opening doors to new revenue streams and deeper institutional engagement. What are analysts saying about coin stock now? Wall Street analysts remain bullish on Coinbase. Among the 30 analysts tracking the stock: 13 rate it a 'Strong Buy' 1 suggests a 'Moderate Buy' 14 recommend 'Hold' 2 advise 'Strong Sell' The average price target is currently $309.16, which is already below the current stock price of over $415. But several top analysts see more upside: Oppenheimer's Owen Lau : $395 target JMP Securities' Devin Ryan : $400 target Benchmark's Mark Palmer : $421 target Bernstein : Street-high target of $510 , implying another 24% upside from current levels Bernstein even calls Coinbase 'the most misunderstood company in crypto', believing market sentiment hasn't fully priced in its long-term value. Will coinbase earnings continue to rise or fall? Looking ahead, Q2 2025 could be mixed. Coinbase forecasts subscription and services revenue between $600 million and $680 million. However, analysts expect: EPS to drop 21% YOY to $0.84 for Q2 Full-year EPS to land at $4.90 , down 35% from last year But a 26% rebound in fiscal 2026, with EPS forecasted at $6.18 So, while short-term earnings may dip, the long-term outlook remains positive, especially if Bitcoin stays on an upward path. How much higher can coinbase stock go during crypto week? The excitement around Crypto Week, with pending U.S. regulatory reforms and rising crypto adoption, has created a near-perfect setup for Coinbase. If Bitcoin momentum continues, and institutional money keeps flowing into crypto ETFs, Coinbase stock could see another breakout. With a growing suite of services, strong brand recognition, and expanding global footprint via Deribit, Coinbase is well-positioned to ride the crypto wave. Though valuation remains high — trading at 79x forward earnings and 15x sales — bullish sentiment and solid fundamentals might justify the premium. For now, all eyes are on Bitcoin's next move, and whether this surge has more fuel in the tank. Coinbase has firmly secured its place at the heart of the crypto economy. While the stock's rapid rise may trigger some caution, the ongoing crypto boom — backed by political tailwinds and increasing institutional demand — suggests that COIN still has room to run. Investors should watch closely how Crypto Week shapes up, because it may set the tone for Coinbase's next big move. FAQs: Q1: Why did Coinbase stock hit a new 52-week high? Coinbase stock rose on strong Bitcoin prices, ETF inflows, and pro-crypto political news. Q2: What does the Deribit deal mean for Coinbase stock? It makes Coinbase a leader in global crypto derivatives with expanded institutional reach.
Yahoo
6 days ago
- Business
- Yahoo
Coinbase Global, Inc. (COIN) Is All About Market Share, Says Jim Cramer
We recently published . Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks Jim Cramer recently discussed. Coinbase Global, Inc. (NASDAQ:COIN) is a cryptocurrency exchange that has managed to command a dominant position in the hot Bitcoin market. The firm's shares have gained 54% year-to-date, particularly due to the Trump administration's focus on the cryptocurrency market. Over the past month, Coinbase Global, Inc. (NASDAQ:COIN)'s stock has gained 56% as the firm benefits from record-setting Bitcoin prices and legislation surrounding stablecoins. Cramer discussed Coinbase Global, Inc. (NASDAQ:COIN)'s market share and stablecoins: '[On stablecoins and market share] This is about market share. And the race to have market share. And why is Coinbase at the price that it's at? Well because they play the game. And when I say play the game, they're now in the place that you think, oh I should be with Coinbase. They think it's great.' A shot of someone securely accepting crypto assets as payment, showcasing the company's payment solutions. Previously, the CNBC host commented on Coinbase Global, Inc. (NASDAQ:COIN)'s resilience in the stock market: 'Next, Coinbase. Alright, the cryptocurrency stocks, they just never want to quit. And this is a group that matters, even if older portfolio managers don't care [and] look the other way. I think this one's going higher, to who knows where.' While we acknowledge the potential of COIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
