COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
EIG
Employers Holdings, Inc.
EIG's fundamentals are weak and it looks expensive: trading at 26x earnings, more than twice its usual 11x. Analysts expect earnings to hold roughly steady.
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.
EIG Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| N/A | |
| N/A |
EIG's profitability is currently stable, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like EIG.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
EIG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $16.04 | -66% |
| Fair | 10x | $19.10 | -60% |
| Forward | 21x | $47.36 | — |
| Expensive | 22x | $39.61 | -16% |
| Current | 26x | $47.36 | — |
Historical ranges are pointers, not guarantees.
EIG's PE is in its expensive range at 26x. On analysts' estimates for next year's earnings, today's price would be 21x.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
COIN has the edge over EIG on the outlook, with more favorable earnings and revenue expectations.
EIG Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect EIG's profitability to improve, but its revenue to decline.
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.
EIG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.21 | +21% |
| Q3 2026 | $1.82 | -28% |
| Q2 2026 | $0.82 | -80% |
| Q1 2026 | $0.46 | -89% |
| Q4 2025 | $0.46 | -90% |
| Q3 2025 | $2.53 | -52% |
| Q2 2025 | $4.10 | -12% |
| Q1 2025 | $4.12 | -12% |
| Q4 2024 | $4.71 | +5.8% |
EIG has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
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.
EIG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $189.3M | -21% |
| Q2 2026 | $220.2M | -11% |
| Q1 2026 | $207.6M | +2.5% |
| Q4 2025 | $170.5M | -21% |
| Q3 2025 | $239.3M | +6.8% |
| Q2 2025 | $246.3M | +14% |
| Q1 2025 | $202.6M | -9.2% |
| Q4 2024 | $216.6M | -4% |
EIG's revenue has slid since its 2025 peak: $189M last quarter, down 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.7% | +12 points |
| Q2 2026 | 16% | +0.7 points |
| Q1 2026 | 6.2% | -1.7 points |
| Q4 2025 | -17% | -33 points |
| Q3 2025 | -4.7% | -21 points |
| Q2 2025 | 15% | -3.4 points |
| Q1 2025 | 7.8% | -8 points |
| Q4 2024 | 16% | -9.8 points |
EIG has the edge over COIN on profitability, with a higher operating margin.
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 has the edge over EIG on cash generation, producing positive trailing cash flow while its opponent burns cash.
EIG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$12.2M | -142% |
| Q2 2026 | -$10.9M | -$10M |
| Q1 2026 | $1.3M | -91% |
| Q4 2025 | $500K | -96% |
| Q3 2025 | $28.8M | -43% |
| Q1 2025 | $14.1M | +$14.8M |
| Q4 2024 | $11.4M | -58% |
| Q3 2024 | $50.1M | +105% |
EIG's free cash flow was −$21M over the past year, against $53M the year before. Free cash flow isn't a meaningful measure for financial services companies like EIG.
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 288M diluted shares, down 1.4% from a year ago.
| 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 |
EIG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -228K shares |
| 1 year | -23% | -5.3M shares |
| 3 years | -31% | -8.1M shares |
| 5 years | -37% | -10.4M shares |
| Available history | -44% | -14.5M shares |
EIG has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $16.9M |
| Q2 2026 | $30.2M |
| Q1 2026 | $79.3M |
| Q4 2025 | $94.1M |
| Q3 2025 | $45.4M |
| Q2 2025 | $23.5M |
| Q1 2025 | $19.8M |
| Q4 2024 | $10.6M |
EIG spent $221M buying back its own shares over the past year, up 122% from the year before.
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 the edge over EIG on leverage, with a lower net debt burden relative to earnings.
EIG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -4.8x | Net Cash |
| Q3 2025 | -1.7x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2024 | -0.7x | Net Cash |
| Q4 2023 | -1.5x | Net Cash |
EIG's net debt is about 1.1 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like EIG.
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).
EIG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.0 | Neutral |
| Stochastic | 21.3 | Neutral |
EIG's weekly RSI is 49 (neutral) and its Stochastic is 21 (neutral).
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.
EIG PE vs Financial Services Sector
| Metric | EIG | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 13x | 100% above |
| PE % | 90 | 63 | 27 pts above |
EIG is trading at 26x earnings, a 100% premium to the Financial Services sector's median of 13x.
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.
EIG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.6 | 2.5% below |
| 20 week MA | $49.3 | 3.9% below |
| 50 week MA | $45.4 | 4.2% above |
| 100 week MA | $45.7 | 3.6% above |
| 200 week MA | $44.2 | 7.2% above |
EIG has the edge over COIN on trend strength, trading above more of its moving averages.
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.
EIG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.6 | $31.9 | -23% |
| 2021 | $31.9 | $40.6 | +27% |
| 2022 | $40.6 | $43.5 | +7.3% |
| 2023 | $43.5 | $39.4 | -9.5% |
| 2024 | $39.4 | $50.9 | +29% |
| 2025 | $50.9 | $42.9 | -16% |
| 2026 YTD | $42.9 | $47.4 | +10% |
EIG has the edge over COIN on returns for 2026, with the stronger performance.