COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
SLM
SLM Corporation
SLM's fundamentals are mixed. At 6.0x earnings, it's trading below its usual 7.1x. Analysts expect earnings to decline, though they disagree widely on how much.
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.
SLM Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
SLM'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 SLM.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
SLM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.3x | $14.65 | -12% |
| Current | 6x | $16.59 | — |
| Forward | 6.6x | $16.59 | — |
| Fair | 7.1x | $19.45 | +17% |
| Expensive | 9.6x | $26.38 | +59% |
Historical ranges are pointers, not guarantees.
SLM's PE is in its cheap range at 6.0x. Analysts expect earnings to fall, which would put today's price at 6.6x next year's earnings, in its fair range.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
COIN has the edge over SLM on the outlook, with more favorable earnings and profitability expectations.
SLM Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect SLM's earnings and profitability to decline, with its revenue holding steady. 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.
SLM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.52 | -8.2% |
| Q3 2026 | $2.75 | -4.5% |
| Q2 2026 | $3.57 | +77% |
| Q1 2026 | $3.60 | +28% |
| Q4 2025 | $3.46 | +29% |
| Q3 2025 | $2.88 | +0.3% |
| Q2 2025 | $2.02 | -37% |
| Q1 2025 | $2.81 | -12% |
| Q4 2024 | $2.68 | +12% |
SLM 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 SLM on profitability, with a higher operating margin.
SLM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $375.5M | -31% |
| Q2 2026 | $401.1M | -0.6% |
| Q1 2026 | $560M | -3.6% |
| Q4 2025 | $454.1M | +16% |
| Q3 2025 | $545.7M | +42% |
| Q2 2025 | $403.6M | -21% |
| Q1 2025 | $581M | +3.5% |
| Q4 2024 | $390M | -12% |
SLM's revenue has slid since its 2021 peak: $375M last quarter, down 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -16% | -50 points |
| Q2 2026 | 20% | -1.7 points |
| Q1 2026 | 71% | +2.1 points |
| Q4 2025 | 70% | +36 points |
| Q3 2025 | 34% | +50 points |
| Q2 2025 | 22% | -44 points |
| Q1 2025 | 69% | +0.3 points |
| Q4 2024 | 34% | -17 points |
SLM's operating margin was −16% last quarter, down 50 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 has the edge over SLM on cash generation, producing positive trailing cash flow while its opponent burns cash.
SLM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$106.4M | -$57M |
| Q2 2026 | -$134.8M | +$3.9M |
| Q1 2026 | -$76M | +$70.1M |
| Q4 2025 | -$64.5M | -1520% |
| Q3 2025 | -$49.3M | +$64.1M |
| Q2 2025 | -$138.7M | +$5.1M |
| Q1 2025 | -$146.1M | -$69.3M |
| Q4 2024 | $4.5M | +$31.7M |
SLM's free cash flow was −$382M over the past year, against −$330M the year before. Free cash flow isn't a meaningful measure for financial services companies like SLM.
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 |
SLM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.5% | -4.8M shares |
| 1 year | -12% | -25M shares |
| 3 years | -19% | -43.2M shares |
| 5 years | -39% | -119M shares |
| Available history | -57% | -245M shares |
SLM has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $127.7M |
| Q2 2026 | $3.1M |
| Q1 2026 | $290.7M |
| Q4 2025 | $123.8M |
| Q3 2025 | $143.5M |
| Q2 2025 | $71.7M |
| Q1 2025 | $29.7M |
| Q4 2024 | $47.1M |
SLM spent $545M buying back its own shares over the past year, up 87% 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 SLM on leverage, with a lower net debt burden relative to earnings.
SLM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.6x | High |
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.0x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 4.0x | Elevated |
| Q2 2025 | 4.0x | Elevated |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | 2.1x | Moderate |
SLM's net debt is about 5.6 years of its operating earnings (EBITDA), up from 4.0 years a year ago. Net leverage isn't a meaningful measure for financial services companies like SLM.
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).
SLM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.5 | Oversold |
| Stochastic | 2.4 | Oversold |
SLM's weekly RSI is 26 (oversold) and its Stochastic is 2 (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.
SLM PE vs Financial Services Sector
| Metric | SLM | Sector median | Relative |
|---|---|---|---|
| PE | 6x | 13x | 54% below |
| PE % | 27 | 63 | 36 pts below |
SLM is trading at 6.0x earnings, a 54% 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.
SLM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.2 | 18% below |
| 20 week MA | $23.7 | 30% below |
| 50 week MA | $23.8 | 30% below |
| 100 week MA | $26.7 | 38% below |
| 200 week MA | $22.5 | 26% below |
SLM is in a downtrend: it's below all five of its weekly moving averages, and 26% 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's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
SLM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.99 | $12.3 | +36% |
| 2021 | $12.3 | $19.1 | +56% |
| 2022 | $19.1 | $16.5 | -14% |
| 2023 | $16.5 | $19.1 | +16% |
| 2024 | $19.1 | $27.9 | +46% |
| 2025 | $27.9 | $27.5 | -1.3% |
| 2026 YTD | $27.5 | $16.6 | -40% |
SLM has the edge over COIN on returns for 2026, with the stronger performance.