COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
MFIN
Medallion Financial Corp.
MFIN's fundamentals are weak and it looks expensive: trading at 8.4x earnings, above its usual 4.7x. Its downside scenario is about four times its upside.
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.
MFIN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
MFIN'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 MFIN.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
MFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.5x | $3.91 | -58% |
| Fair | 4.7x | $5.18 | -45% |
| Expensive | 6.7x | $7.41 | -21% |
| Current | 8.4x | $9.34 | — |
| Forward | 9.6x | $9.34 | — |
Historical ranges are pointers, not guarantees.
MFIN's PE is in its expensive range at 8.4x. Analysts expect earnings to fall, which would put today's price at 9.6x next year's earnings.
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.
MFIN Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect MFIN's revenue to grow, but its earnings and profitability to decline. However, they disagree widely on these estimates.
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.
MFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.97 | -12% |
| Q3 2026 | $1.11 | -35% |
| Q2 2026 | $1.33 | -24% |
| Q1 2026 | $1.48 | -7.5% |
| Q4 2025 | $1.78 | +17% |
| Q3 2025 | $1.71 | +1.2% |
| Q2 2025 | $1.76 | -2.2% |
| Q1 2025 | $1.60 | -25% |
| Q4 2024 | $1.52 | -36% |
MFIN 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.
MFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $61.8M | +5.2% |
| Q2 2026 | $61.7M | -1.4% |
| Q1 2026 | $56.5M | -10% |
| Q4 2025 | $70.6M | +25% |
| Q3 2025 | $58.7M | +10% |
| Q2 2025 | $62.6M | +23% |
| Q1 2025 | $63M | +18% |
| Q4 2024 | $56.3M | +8.2% |
MFIN has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -22 points |
| Q2 2026 | 23% | -7.6 points |
| Q1 2026 | 21% | -12 points |
| Q4 2025 | 29% | -3.5 points |
| Q3 2025 | 33% | +6.6 points |
| Q2 2025 | 31% | +6.8 points |
| Q1 2025 | 32% | -1.4 points |
| Q4 2024 | 33% | -9.8 points |
MFIN 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.
MFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $44.6M | -33% |
| Q2 2026 | $17.5M | +$28.2M |
| Q1 2026 | $41.3M | +14% |
| Q4 2025 | $33.8M | +19% |
| Q3 2025 | $67M | +146% |
| Q2 2025 | -$10.7M | -139% |
| Q1 2025 | $36.3M | +12% |
| Q4 2024 | $28.4M | +45% |
MFIN 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 |
MFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -366K shares |
| 1 year | -3.2% | -790K shares |
| 3 years | +1.1% | +254K shares |
| 5 years | -5.4% | -1.3M shares |
| Available history | -2.9% | -696K shares |
MFIN has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.6M |
| Q2 2026 | $7.7M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $455,000 |
| Q1 2025 | $531,000 |
| Q4 2024 | — |
MFIN spent $13M buying back its own shares over the past year, more than ten times what it spent 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 MFIN on leverage, with a lower net debt burden relative to earnings.
MFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.6x | Elevated |
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.8x | Moderate |
MFIN's net debt is about 3.6 years of its operating earnings (EBITDA), up from 2.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MFIN.
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).
MFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.5 | Neutral |
| Stochastic | 12.1 | Oversold |
MFIN's weekly RSI is 36 (neutral) and its Stochastic is 12 (oversold).
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.
MFIN PE vs Financial Services Sector
| Metric | MFIN | Sector median | Relative |
|---|---|---|---|
| PE | 8.4x | 13x | 35% below |
| PE % | 85 | 63 | 22 pts above |
MFIN is trading at 8.4x earnings, a 35% discount 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.
MFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.0 | 15% below |
| 20 week MA | $11.0 | 15% below |
| 50 week MA | $10.2 | 8.8% below |
| 100 week MA | $9.84 | 5.1% below |
| 200 week MA | $9.02 | 3.5% above |
MFIN 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.
MFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.15 | $5.20 | -27% |
| 2021 | $5.20 | $8.45 | +62% |
| 2022 | $8.45 | $6.91 | -18% |
| 2023 | $6.91 | $9.85 | +43% |
| 2024 | $9.85 | $9.37 | -4.9% |
| 2025 | $9.37 | $10.6 | +13% |
| 2026 YTD | $10.6 | $9.34 | -12% |
MFIN has the edge over COIN on returns for 2026, with the stronger performance.