COIN
Coinbase Global Inc. Financial Services - Cryptocurrency Investor Relations →
Coinbase Global Inc. (COIN) closed at $165.12 as of 2026-02-02, trading 2.3% below its 200-week moving average of $169.07. This places COIN in the below line zone. The stock is currently moving closer to the line, down from 15.2% last week. With a 14-week RSI of 15, COIN is in oversold territory.
Over the past 203 weeks of data, COIN has crossed below its 200-week moving average 4 times. On average, these episodes lasted 24 weeks. Historically, investors who bought COIN at the start of these episodes saw an average one-year return of +45.7%.
With a market cap of $44.5 billion, COIN is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 26.0%, indicating strong profitability. The stock trades at 2.8x book value.
Share count has increased 16.8% over three years, indicating dilution.
Over the past 4 years, a hypothetical investment of $100 in COIN would have grown to $88, compared to $162 for the S&P 500. COIN has returned -3.1% annualized vs 12.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: COIN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After COIN Crosses Below the Line?
Across 3 historical episodes, buying COIN when it crossed below its 200-week moving average produced an average return of +61.0% after 12 months (median +122.0%), compared to +12.0% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +46.5% vs +33.0% for the index.
Each line shows $100 invested at the moment COIN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
COIN has crossed below its 200-week MA 4 times with an average 1-year return of +45.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2022 | Dec 2023 | 89 | 80.2% | -63.7% | -11.6% |
| Jan 2024 | Feb 2024 | 4 | 8.5% | +97.9% | +26.3% |
| Sep 2024 | Sep 2024 | 1 | 2.1% | +103.0% | +12.1% |
| Feb 2026 | Ongoing | 1+ | 2.3% | Ongoing | N/A |
| Average | 24 | — | +45.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02