Coinbase Thriving in the Crypto Bear Market
(NASDAQ: COIN) was one of the earliest tech companies to cut costs when the market turned and that's paying off now. The company is now generating positive free cash flow despite the crypto winter and is well positioned when blockchain development improves.
In this video, Travis Hoium goes through the company's latest numbers and shows why Coinbase is growing in all the right places.
*Stock prices used were end-of-day prices of Nov. 8, 2023. The video was published on Nov. 11, 2023.
Source Fool.com
Coinbase Global Inc. Stock
€228.25
-0.310%
Currently there is a rather positive sentiment for Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 136 € is below the current price of 228.25 € for Coinbase Global Inc., so the potential is actually -40.42%.
