AAMI
Acadian Asset Management
AAMI's fundamentals are strong, but it looks expensive: trading at 28x earnings, more than twice its usual 10x. Analysts expect strong earnings growth.
COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
AAMI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
AAMI's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like AAMI.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
AAMI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.2x | $10.93 | -89% |
| Fair | 10x | $35.36 | -63% |
| Forward | 16x | $95.12 | — |
| Expensive | 19x | $64.47 | -32% |
| Current | 28x | $95.12 | — |
Historical ranges are pointers, not guarantees.
AAMI's PE is in its expensive range at 28x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
AAMI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
AAMI has the edge over COIN on the outlook, with more favorable revenue expectations.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
AAMI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.90 | +73% |
| Q3 2026 | $3.41 | +45% |
| Q2 2026 | $2.83 | +19% |
| Q1 2026 | $2.35 | -1.7% |
| Q4 2025 | $2.21 | -0.5% |
| Q3 2025 | $2.35 | +42% |
| Q2 2025 | $2.38 | +43% |
| Q1 2025 | $2.39 | +46% |
| Q4 2024 | $2.22 | +43% |
AAMI has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
AAMI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $191.2M | +33% |
| Q2 2026 | $185.1M | +45% |
| Q1 2026 | $167M | +39% |
| Q4 2025 | $172.2M | +2.6% |
| Q3 2025 | $144.2M | +17% |
| Q2 2025 | $127.4M | +17% |
| Q1 2025 | $119.9M | +13% |
| Q4 2024 | $167.8M | +28% |
AAMI has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | +8 points |
| Q2 2026 | 18% | +4.8 points |
| Q1 2026 | 25% | -1.5 points |
| Q4 2025 | 33% | -5.4 points |
| Q3 2025 | 18% | -3.5 points |
| Q2 2025 | 13% | -6.2 points |
| Q1 2025 | 27% | +4.9 points |
| Q4 2024 | 39% | +12 points |
AAMI has the edge over COIN on profitability, with a higher operating margin.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
AAMI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $57.3M | +$81.2M |
| Q2 2026 | $26M | -58% |
| Q1 2026 | -$44.9M | +$3.9M |
| Q4 2025 | $8.7M | +$27.8M |
| Q3 2025 | -$23.9M | -134% |
| Q2 2025 | $61.6M | +35% |
| Q1 2025 | -$48.8M | -$8.4M |
| Q4 2024 | -$19.1M | -145% |
AAMI's free cash flow was $47M over the past year, against −$30M the year before. Free cash flow isn't a meaningful measure for financial services companies like AAMI.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
AAMI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -124K shares |
| 1 year | -0.7% | -247K shares |
| 3 years | -16% | -7M shares |
| 5 years | -57% | -47.6M shares |
| Available history | -59% | -50.3M shares |
AAMI has 36M diluted shares, down 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2023 | — |
| Q1 2023 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $103.2M |
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has the edge over AAMI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
AAMI Net Leverage
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
AAMI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.2 | Neutral |
| Stochastic | 51.9 | Neutral |
AAMI's weekly RSI is 68 (neutral) and its Stochastic is 52 (neutral).
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
AAMI PE vs Financial Services Sector
| Metric | AAMI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 92 | 63 | 29 pts above |
AAMI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
AAMI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $92.7 | 2.7% above |
| 20 week MA | $89.6 | 6.2% above |
| 50 week MA | $71.2 | 34% above |
| 100 week MA | $53.1 | 79% above |
| 200 week MA | $37.8 | 152% above |
AAMI has the edge over COIN on trend strength, trading above more of its moving averages.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
AAMI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $19.0 | +88% |
| 2021 | $19.0 | $25.7 | +35% |
| 2022 | $25.7 | $19.3 | -25% |
| 2023 | $19.3 | $19.2 | -0.8% |
| 2024 | $19.2 | $26.9 | +40% |
| 2025 | $26.9 | $48.4 | +80% |
| 2026 YTD | $48.4 | $95.1 | +97% |
AAMI has the edge over COIN on returns for 2026, with the stronger performance.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.