Coinbase
COINMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -57%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$306
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- November 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 23 months
- How long Benson has been tracking this pick.
About Coinbase
Coinbase is like a digital bank for cryptocurrency, a place where people and big firms buy, sell, and store coins like Bitcoin and Ethereum. It also earns money from subscriptions, safekeeping, and the digital dollars called stablecoins. Now it is growing into an everything app for trading, adding stocks and trades on the outcomes of real world events like elections and sports.
The case for and against
Both sides of the story, in plain English.
- Bigger Slice
Coinbase handled 10.7 percent of all crypto trading worldwide this quarter, nearly double the 5.6 percent it had a year ago. That's four straight quarters of gains, which means it is winning customers from rivals instead of just riding crypto's ups and downs.
- Steady Streams
Almost half of Coinbase's revenue, 49 percent, now comes from steadier sources like subscriptions, safekeeping, and digital dollars instead of trading fees. Customers kept a record 22 billion dollars in USDC, a digital dollar, on the platform this quarter. Its new event trading product, where people trade on things like elections and sports, is already on pace for more than 200 million dollars a year.
- Red Ink
Over the past year, Coinbase lost about 16 cents for every dollar it brought in, a sharp turn from the profits it was posting before. Falling crypto prices are part of the story, because the coins stored on Coinbase are now worth 377 billion dollars, down from 516 billion a year ago.
- Wild Swings
Coinbase stock tends to move about 3.4 times as much as the overall market, in both directions. The company also merged two of its big trading platforms in October and expects trading to bounce around while customers adjust. On top of that, regulators are still writing the rules for newer products like event trading.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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