Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) fell 8.3% in the morning session as the major indices declined (Nasdaq down 1.8%, S&P 500 down 0.9%) amid rising geopolitical tensions in the ...
We are increasing our fair value estimate for Coinbase to $135 per share from $130, which translates to 33 times our 2024 earnings projection. The bulk of the increase in our fair value estimate comes ...