COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
NMIH
NMI Holdings, Inc.
NMIH's fundamentals are mixed: revenue grew 6.9%, but its operating margin fell 3 points to 68%. At 7.6x earnings, it's trading in line with its usual 8.1x. 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.
NMIH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
NMIH's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like NMIH.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
NMIH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $34.99 | -10% |
| Forward | 7.3x | $38.88 | — |
| Current | 7.6x | $38.88 | — |
| Fair | 8.1x | $41.23 | +6% |
| Expensive | 9.8x | $50.07 | +29% |
Historical ranges are pointers, not guarantees.
NMIH's PE is in its fair range at 7.6x. If earnings grow as analysts expect, today's price would be 7.3x next year's earnings, in its cheap 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.
NMIH Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect NMIH'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.
NMIH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.30 | +3.9% |
| Q3 2026 | $5.10 | +6.7% |
| Q2 2026 | $5.09 | +8.1% |
| Q1 2026 | $4.92 | +6.3% |
| Q4 2025 | $4.92 | +11% |
| Q3 2025 | $4.78 | +9.4% |
| Q2 2025 | $4.71 | +12% |
| Q1 2025 | $4.63 | +15% |
| Q4 2024 | $4.43 | +15% |
NMIH 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.
NMIH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $187.6M | +5% |
| Q2 2026 | $187.9M | +8.1% |
| Q1 2026 | $183.5M | +5.9% |
| Q4 2025 | $180.7M | +8.5% |
| Q3 2025 | $178.7M | +7.6% |
| Q2 2025 | $173.8M | +7.2% |
| Q1 2025 | $173.2M | +11% |
| Q4 2024 | $166.5M | +10% |
NMIH has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 64% | -5.1 points |
| Q2 2026 | 73% | +1.8 points |
| Q1 2026 | 68% | -7.7 points |
| Q4 2025 | 67% | +0.4 points |
| Q3 2025 | 69% | -2.6 points |
| Q2 2025 | 71% | -2.1 points |
| Q1 2025 | 76% | +2.5 points |
| Q4 2024 | 67% | -2.9 points |
NMIH 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.
NMIH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $108.9M | -14% |
| Q2 2026 | $140.2M | +11% |
| Q1 2026 | $115M | +16% |
| Q4 2025 | $60.1M | +75% |
| Q3 2025 | $126.3M | -0.5% |
| Q2 2025 | $126.7M | +9.3% |
| Q1 2025 | $99.4M | -9.1% |
| Q4 2024 | $34.4M | +20% |
NMIH 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 |
NMIH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -468K shares |
| 1 year | -3.4% | -2.7M shares |
| 3 years | -9% | -7.6M shares |
| 5 years | -12% | -10.8M shares |
| Available history | +8.3% | +5.8M shares |
NMIH has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $27.1M |
| Q2 2026 | $32.3M |
| Q1 2026 | $27.7M |
| Q4 2025 | $30.6M |
| Q3 2025 | $24.6M |
| Q2 2025 | $24M |
| Q1 2025 | $25.9M |
| Q4 2024 | $28.7M |
NMIH spent $118M buying back its own shares over the past year, up 14% 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 NMIH on leverage, with a lower net debt burden relative to earnings.
NMIH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.7x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.8x | Very low |
NMIH's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like NMIH.
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).
NMIH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.6 | Neutral |
| Stochastic | 38.6 | Neutral |
NMIH's weekly RSI is 43 (neutral) and its Stochastic is 39 (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.
NMIH PE vs Financial Services Sector
| Metric | NMIH | Sector median | Relative |
|---|---|---|---|
| PE | 7.6x | 13x | 41% below |
| PE % | 32 | 63 | 31 pts below |
NMIH is trading at 7.6x earnings, a 41% 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.
NMIH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $40.5 | 4% below |
| 20 week MA | $42.4 | 8.3% below |
| 50 week MA | $40.2 | 3.2% below |
| 100 week MA | $38.8 | 0.1% above |
| 200 week MA | $34.6 | 12% above |
NMIH 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.
NMIH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.6 | $22.8 | -32% |
| 2021 | $22.8 | $21.3 | -6.2% |
| 2022 | $21.3 | $20.6 | -3.4% |
| 2023 | $20.6 | $29.7 | +44% |
| 2024 | $29.7 | $36.7 | +24% |
| 2025 | $36.7 | $41.4 | +13% |
| 2026 YTD | $41.4 | $38.9 | -6.1% |
NMIH has the edge over COIN on returns for 2026, with the stronger performance.