COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
SPFI
South Plains Financial, Inc.
SPFI's fundamentals are mixed, but it looks expensive: trading at 11x earnings, above its usual 8.5x. 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.
SPFI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
SPFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SPFI.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
SPFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.2x | $27.16 | -37% |
| Fair | 8.5x | $31.98 | -25% |
| Forward | 10x | $42.80 | — |
| Current | 11x | $42.80 | — |
| Expensive | 12x | $45.37 | +6% |
Historical ranges are pointers, not guarantees.
SPFI's PE is in its expensive range at 11x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair 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.
SPFI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SPFI, with profitability 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.
SPFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.08 | +8.2% |
| Q3 2026 | $3.77 | +7.7% |
| Q2 2026 | $3.67 | +15% |
| Q1 2026 | $3.57 | +19% |
| Q4 2025 | $3.44 | +18% |
| Q3 2025 | $3.50 | +37% |
| Q2 2025 | $3.20 | +19% |
| Q1 2025 | $3.00 | -20% |
| Q4 2024 | $2.92 | -19% |
SPFI 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.
SPFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $65.3M | +20% |
| Q2 2026 | $64.5M | +18% |
| Q1 2026 | $54.1M | +10% |
| Q4 2025 | $53.9M | +3.9% |
| Q3 2025 | $54.2M | +13% |
| Q2 2025 | $54.7M | +12% |
| Q1 2025 | $49.2M | +5.1% |
| Q4 2024 | $51.9M | +17% |
SPFI has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | +2.3 points |
| Q2 2026 | 38% | +3.6 points |
| Q1 2026 | 34% | +2 points |
| Q4 2025 | 35% | -4.5 points |
| Q3 2025 | 38% | +8.3 points |
| Q2 2025 | 34% | +4.8 points |
| Q1 2025 | 32% | +2 points |
| Q4 2024 | 40% | +10 points |
SPFI 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.
SPFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $30.5M | +36% |
| Q2 2026 | $26.8M | +106% |
| Q1 2026 | $14.8M | -41% |
| Q4 2025 | $11.4M | +262% |
| Q3 2025 | $22.5M | +31% |
| Q2 2025 | $13M | -24% |
| Q1 2025 | $25M | +34% |
| Q4 2024 | $3.1M | -52% |
SPFI 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 SPFI 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 |
SPFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -208K shares |
| 1 year | +15% | +2.6M shares |
| 3 years | +13% | +2.2M shares |
| 5 years | +6.2% | +1.1M shares |
| Available history | +15% | +2.6M shares |
SPFI has 20M diluted shares, up 15% from a year ago, despite $13M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $12.8M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $276,000 |
| Q1 2025 | $8.3M |
| Q4 2024 | — |
SPFI spent $13M buying back its own shares over the past year, up 51% 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
SPFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -8.1x | Net Cash |
| Q2 2026 | -8.7x | Net Cash |
| Q1 2026 | -8.6x | Net Cash |
| Q4 2025 | -6.7x | Net Cash |
| Q3 2025 | -7.6x | Net Cash |
| Q2 2025 | -5.4x | Net Cash |
| Q1 2025 | -6.6x | Net Cash |
| Q4 2024 | -4.2x | Net Cash |
SPFI has the edge over COIN on leverage, with a lower net debt burden relative to earnings.
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).
SPFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.0 | Neutral |
| Stochastic | 45.1 | Neutral |
SPFI's weekly RSI is 49 (neutral) and its Stochastic is 45 (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.
SPFI PE vs Financial Services Sector
| Metric | SPFI | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 13% below |
| PE % | 71 | 63 | 8 pts above |
SPFI is trading at 11x earnings, a 13% 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.
SPFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $43.0 | 0.5% below |
| 20 week MA | $43.9 | 2.4% below |
| 50 week MA | $42.3 | 1.2% above |
| 100 week MA | $39.3 | 9% above |
| 200 week MA | $33.5 | 28% above |
SPFI 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.
SPFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.0 | $18.9 | -9.8% |
| 2021 | $18.9 | $26.9 | +42% |
| 2022 | $26.9 | $28.3 | +5.1% |
| 2023 | $28.3 | $29.0 | +2.5% |
| 2024 | $29.0 | $35.0 | +21% |
| 2025 | $35.0 | $39.6 | +13% |
| 2026 YTD | $39.6 | $42.8 | +8.2% |
SPFI has the edge over COIN on returns for 2026, with the stronger performance.