COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
FNWD
Finward Bancorp
FNWD's fundamentals are strong: its operating margin rose 6 points to 15% and revenue grew 8.8%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
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.
FNWD Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
FNWD's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FNWD.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
FNWD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $18.26 | -58% |
| Fair | 10x | $22.94 | -47% |
| Forward | 14x | $43.66 | — |
| Expensive | 19x | $42.01 | -3.8% |
| Current | 25x | $43.66 | — |
Historical ranges are pointers, not guarantees.
FNWD's PE is 25x, but its earnings don't support one, so it isn't a reliable read right now.
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.
FNWD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
FNWD has the edge over COIN on the outlook, with more favorable revenue expectations.
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.
FNWD Earnings Per Share
FNWD and COIN do not have enough comparable growth data to identify a winner.
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.
FNWD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $17.6M | +5.7% |
| Q1 2026 | $17.5M | +13% |
| Q4 2025 | $16.5M | +1.1% |
| Q3 2025 | $17.4M | +17% |
| Q2 2025 | $16.6M | +14% |
| Q1 2025 | $15.5M | -38% |
| Q4 2024 | $16.3M | +5.7% |
| Q3 2024 | $14.9M | -4.2% |
FNWD has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | +1.3 points |
| Q1 2026 | 15% | +11 points |
| Q4 2025 | 11% | -5.3 points |
| Q3 2025 | 21% | +18 points |
| Q2 2025 | 13% | +12 points |
| Q1 2025 | 4% | -37 points |
| Q4 2024 | 16% | +8.9 points |
| Q3 2024 | 2.7% | -8.9 points |
FNWD 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'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.
FNWD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $4.5M | +0.2% |
| Q1 2026 | $3.5M | +$7.5M |
| Q4 2025 | $7.5M | -29% |
| Q3 2025 | $1M | +$5.3M |
| Q2 2025 | $4.5M | +302% |
| Q1 2025 | -$4M | -$3.3M |
| Q4 2024 | $10.6M | +617% |
| Q3 2024 | -$4.2M | -186% |
FNWD 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 the edge over FNWD 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 |
FNWD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +16.8K shares |
| 1 year | +0.5% | +22.6K shares |
| 3 years | +1.4% | +60.4K shares |
| 5 years | +24% | +841K shares |
| Available history | +25% | +867K shares |
FNWD has 4M diluted shares, up 0.5% from a year ago.
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 FNWD on leverage, with a lower net debt burden relative to earnings.
FNWD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.0x | Elevated |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 1.9x | Healthy |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 3.3x | Elevated |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 2.3x | Moderate |
| Q3 2024 | 3.2x | Elevated |
FNWD's net debt is about 3.0 years of its operating earnings (EBITDA), down from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FNWD.
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).
FNWD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 56.1 | Neutral |
FNWD's weekly RSI is 62 (neutral) and its Stochastic is 56 (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.
FNWD PE vs Financial Services Sector
| Metric | FNWD | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 13x | 89% above |
| PE % | 94 | 63 | 31 pts above |
FNWD is trading at 25x earnings, a 89% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
FNWD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $42.9 | 1.8% above |
| 20 week MA | $42.4 | 3.1% above |
| 50 week MA | $38.3 | 14% above |
| 100 week MA | $34.1 | 28% above |
| 200 week MA | $30.2 | 45% above |
FNWD 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.
FNWD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $45.9 | $35.4 | -23% |
| 2021 | $35.4 | $49.6 | +40% |
| 2022 | $49.6 | $36.5 | -26% |
| 2023 | $36.5 | $25.2 | -31% |
| 2024 | $25.2 | $28.8 | +14% |
| 2025 | $28.8 | $36.9 | +28% |
| 2026 YTD | $36.9 | $43.7 | +18% |
FNWD has the edge over COIN on returns for 2026, with the stronger performance.