COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
PFSI
PennyMac Financial Services, Inc.
PFSI's fundamentals are weak and it looks expensive: trading at 14x earnings, above its usual 9.0x. Its downside scenario is about seven 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.
PFSI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| N/A | |
| N/A |
PFSI'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 PFSI.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
PFSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.6x | $16.03 | -74% |
| Fair | 8.9x | $39.77 | -35% |
| Forward | 9.3x | $60.73 | — |
| Current | 14x | $60.73 | — |
| Expensive | 18x | $80.01 | +32% |
Historical ranges are pointers, not guarantees.
PFSI's PE is in its expensive range at 14x. On analysts' estimates for next year's earnings, today's price would be 9.3x, in its fair range.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
COIN has the edge over PFSI on the outlook, with more favorable earnings and revenue expectations.
PFSI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect PFSI's earnings and revenue to decline, with profitability weakening.
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.
PFSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.51 | +46% |
| Q3 2026 | $4.45 | -52% |
| Q2 2026 | $7.28 | +1% |
| Q1 2026 | $9.41 | +44% |
| Q4 2025 | $9.30 | +59% |
| Q3 2025 | $9.28 | +192% |
| Q2 2025 | $7.21 | +98% |
| Q1 2025 | $6.52 | +124% |
| Q4 2024 | $5.84 | +113% |
PFSI 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.
PFSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $468.8M | -26% |
| Q2 2026 | $497M | +12% |
| Q1 2026 | $545M | +26% |
| Q4 2025 | $538M | +14% |
| Q3 2025 | $632.9M | +54% |
| Q2 2025 | $444.7M | +9.5% |
| Q1 2025 | $430.9M | +41% |
| Q4 2024 | $470.1M | +30% |
PFSI has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.1% | -28 points |
| Q2 2026 | 6.3% | -11 points |
| Q1 2026 | 19% | -5 points |
| Q4 2025 | 25% | -2.5 points |
| Q3 2025 | 37% | +15 points |
| Q2 2025 | 17% | -16 points |
| Q1 2025 | 24% | +9.8 points |
| Q4 2024 | 28% | +43 points |
PFSI 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 PFSI on cash generation, producing positive trailing cash flow while its opponent burns cash.
PFSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $850.3M | +$1.5B |
| Q2 2026 | $2.1B | +$2.3B |
| Q1 2026 | -$1.3B | -226% |
| Q4 2025 | -$1.9B | +$251.6M |
| Q3 2025 | -$699.4M | -$305.6M |
| Q2 2025 | -$132.6M | +$960.7M |
| Q1 2025 | $1.1B | +$2B |
| Q4 2024 | -$2.1B | -600% |
PFSI's free cash flow was −$252M over the past year, against −$1.9B the year before. Free cash flow isn't a meaningful measure for financial services companies like PFSI.
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 |
PFSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -117K shares |
| 1 year | -1.4% | -745K shares |
| 3 years | +1.1% | +573K shares |
| 5 years | -19% | -12.5M shares |
| Available history | -34% | -27.2M shares |
PFSI has 53M diluted shares, down 1.4% from a year ago, with $50M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $50M |
| Q4 2025 | — |
| Q4 2023 | $84,000 |
| Q3 2023 | — |
| Q2 2023 | $26.2M |
| Q1 2023 | $45.4M |
PFSI spent $50M buying back its own shares over the past year.
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 PFSI on leverage, with a lower net debt burden relative to earnings.
PFSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 17.2x | High |
| Q2 2026 | 10.9x | High |
| Q1 2026 | 9.9x | High |
| Q4 2025 | 9.8x | High |
| Q3 2025 | 9.3x | High |
| Q2 2025 | 11.8x | High |
| Q1 2025 | 10.8x | High |
| Q4 2024 | 11.0x | High |
PFSI's net debt is about 17 years of its operating earnings (EBITDA), up from 9.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PFSI.
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).
PFSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.8 | Neutral |
| Stochastic | 22.4 | Neutral |
PFSI's weekly RSI is 31 (neutral) and its Stochastic is 22 (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.
PFSI PE vs Financial Services Sector
| Metric | PFSI | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 4.8% above |
| PE % | 67 | 63 | 4 pts above |
PFSI is trading at 14x earnings, in line with 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.
PFSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.6 | 2.9% below |
| 20 week MA | $71.3 | 15% below |
| 50 week MA | $89.8 | 32% below |
| 100 week MA | $98.3 | 38% below |
| 200 week MA | $90.4 | 33% below |
PFSI is in a downtrend: it's below all five of its weekly moving averages, and 33% below its 200-week average.
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 has the edge over PFSI on returns for 2026, with the stronger performance.
PFSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.9 | $65.3 | +92% |
| 2021 | $65.3 | $70.0 | +7.2% |
| 2022 | $70.0 | $56.8 | -19% |
| 2023 | $56.8 | $88.4 | +56% |
| 2024 | $88.4 | $102.1 | +16% |
| 2025 | $102.1 | $133.9 | +31% |
| 2026 YTD | $133.9 | $60.7 | -55% |
PFSI is down 55% so far in 2026, after finishing higher in five of the previous six years.