COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
FHN
First Horizon Corporation
FHN's fundamentals are weak and it looks expensive: trading at 17x earnings, above its usual 12x. Analysts expect earnings growth.
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.
FHN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
FHN's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like FHN.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
FHN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.8x | $10.71 | -54% |
| Forward | 10x | $23.41 | — |
| Fair | 12x | $16.07 | -31% |
| Expensive | 15x | $20.09 | -14% |
| Current | 17x | $23.41 | — |
Historical ranges are pointers, not guarantees.
FHN's PE is in its expensive range at 17x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair range.
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.
FHN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect FHN's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
FHN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.25 | +63% |
| Q3 2026 | $1.38 | -16% |
| Q2 2026 | $2.08 | +34% |
| Q1 2026 | $1.99 | +38% |
| Q4 2025 | $1.87 | +38% |
| Q3 2025 | $1.65 | +19% |
| Q2 2025 | $1.55 | +27% |
| Q1 2025 | $1.44 | 0% |
| Q4 2024 | $1.36 | -12% |
FHN 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 has the edge over FHN on profitability, with a higher operating margin.
FHN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $407M | -54% |
| Q2 2026 | $887M | +6.9% |
| Q1 2026 | $862M | +6.2% |
| Q4 2025 | $888M | +22% |
| Q3 2025 | $889M | +7.5% |
| Q2 2025 | $830M | +1.8% |
| Q1 2025 | $812M | -0.9% |
| Q4 2024 | $728M | -8.9% |
FHN has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | -63 points |
| Q2 2026 | 38% | +1.1 points |
| Q1 2026 | 40% | +4.6 points |
| Q4 2025 | 39% | +9.8 points |
| Q3 2025 | 39% | +4.7 points |
| Q2 2025 | 37% | +5.3 points |
| Q1 2025 | 35% | +4.1 points |
| Q4 2024 | 29% | +6.6 points |
FHN's operating margin was −24% last quarter, down 63 points from the same quarter a year ago, near the bottom of its range since 2019.
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.
FHN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $594M | +$802M |
| Q2 2026 | $566M | +665% |
| Q1 2026 | $270M | -21% |
| Q4 2025 | $389M | +124% |
| Q2 2025 | $74M | +$224M |
| Q1 2025 | $340M | -59% |
| Q2 2024 | -$150M | -149% |
| Q1 2024 | $838M | +$907M |
FHN has the edge over COIN on cash flow, with more consistent year-over-year improvement.
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 |
FHN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -6.3M shares |
| 1 year | -7.2% | -36.5M shares |
| 3 years | -16% | -87.6M shares |
| 5 years | -14% | -76M shares |
| Available history | +50% | +158M shares |
FHN has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4M |
| Q2 2026 | $121M |
| Q1 2026 | $235M |
| Q4 2025 | $335M |
| Q3 2025 | $190M |
| Q2 2025 | $28M |
| Q1 2025 | $365M |
| Q4 2024 | $164M |
FHN spent $695M buying back its own shares over the past year, down 7% 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 FHN on leverage, with a lower net debt burden relative to earnings.
FHN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 1.7x | Healthy |
| Q4 2022 | 1.2x | Healthy |
| Q3 2022 | 0.2x | Very low |
| Q2 2022 | 0.7x | Very low |
| Q1 2022 | 0.4x | Very low |
FHN's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FHN.
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).
FHN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.4 | Neutral |
| Stochastic | 23.9 | Neutral |
FHN's weekly RSI is 44 (neutral) and its Stochastic is 24 (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.
FHN PE vs Financial Services Sector
| Metric | FHN | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 30% above |
| PE % | 100 | 63 | 37 pts above |
FHN is trading at 17x earnings, a 30% 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.
FHN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.3 | 0.7% above |
| 20 week MA | $24.4 | 4.2% below |
| 50 week MA | $24.2 | 3.3% below |
| 100 week MA | $22.5 | 4.1% above |
| 200 week MA | $18.9 | 24% above |
FHN 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.
FHN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.5 | $12.6 | -23% |
| 2021 | $12.6 | $16.0 | +26% |
| 2022 | $16.0 | $24.5 | +53% |
| 2023 | $24.5 | $14.2 | -42% |
| 2024 | $14.2 | $20.2 | +43% |
| 2025 | $20.2 | $24.5 | +21% |
| 2026 YTD | $24.5 | $23.4 | -4.5% |
FHN has the edge over COIN on returns for 2026, with the stronger performance.