COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
WRB
W. R. Berkley Corporation
WRB's fundamentals are mixed: earnings per share grew 21%, while its operating margin held steady at 16%. At 16x earnings, it's trading in line with its usual 15x. 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.
WRB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
WRB'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 WRB.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
WRB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $66.55 | -14% |
| Fair | 15x | $72.25 | -6.4% |
| Current | 16x | $77.15 | — |
| Forward | 16x | $77.15 | — |
| Expensive | 20x | $94.93 | +23% |
Historical ranges are pointers, not guarantees.
WRB's PE is in its expensive range at 16.3x. On analysts' estimates for next year's earnings, today's price would be 16.2x, 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.
WRB Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for WRB, but weaker profitability.
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% |
WRB has the stronger earnings trend. Trailing diluted EPS is down 124% for COIN versus WRB up 21%.
WRB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.77 | +0.9% |
| Q3 2024 | $3.90 | +18% |
| Q2 2024 | $3.81 | +26% |
| Q1 2024 | $3.75 | +45% |
| Q4 2023 | $3.37 | +2.4% |
| Q3 2023 | $3.30 | +6.8% |
| Q2 2023 | $3.03 | -4.1% |
| Q1 2023 | $2.59 | -22% |
| Q4 2022 | $3.29 | +35% |
WRB's earnings per share have climbed steadily: $4.73 over the past year, up 21% from the year before, and higher year over year for nine quarters in a row.
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.
WRB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | -0.8% |
| Q2 2026 | $3.7B | +1.2% |
| Q1 2026 | $3.7B | +4% |
| Q4 2025 | $3.7B | +1.5% |
| Q3 2025 | $3.8B | +11% |
| Q2 2025 | $3.7B | +11% |
| Q1 2025 | $3.5B | +8.9% |
| Q4 2024 | $3.7B | +14% |
WRB has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -1.8 points |
| Q2 2026 | 15% | +1.3 points |
| Q1 2026 | 17% | +1.5 points |
| Q4 2025 | 15% | -4.5 points |
| Q3 2025 | 17% | +3.3 points |
| Q2 2025 | 14% | -0.5 points |
| Q1 2025 | 15% | -2.4 points |
| Q4 2024 | 20% | +4.3 points |
WRB 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 WRB on cash flow, with more consistent year-over-year improvement.
WRB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $731.3M | -36% |
| Q2 2026 | $800M | +14% |
| Q1 2026 | $667.9M | -10% |
| Q4 2025 | $995.1M | +23% |
| Q3 2025 | $1.1B | -8.1% |
| Q2 2025 | $703.8M | -20% |
| Q1 2025 | $743.8M | -0.3% |
| Q4 2024 | $810M | +16% |
WRB's free cash flow was $3.2B over the past year, down 6% from the year before. Free cash flow isn't a meaningful measure for financial services companies like WRB.
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 |
WRB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -467K shares |
| 1 year | -2.2% | -8.9M shares |
| 3 years | -5.9% | -24.7M shares |
| 5 years | -7.4% | -31.4M shares |
WRB has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $21.1M |
| Q2 2026 | $111.5M |
| Q1 2026 | $302.4M |
| Q4 2025 | $196.4M |
| Q3 2025 | $24.6M |
| Q2 2025 | — |
| Q1 2025 | $49.2M |
| Q4 2024 | $67.4M |
WRB spent $631M buying back its own shares over the past year, about four 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 WRB on leverage, with a lower net debt burden relative to earnings.
WRB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.0x | Net Cash |
| Q2 2025 | -0.9x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
WRB has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like WRB.
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).
WRB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.4 | Neutral |
| Stochastic | 73.6 | Neutral |
WRB's weekly RSI is 63 (neutral) and its Stochastic is 74 (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.
WRB PE vs Financial Services Sector
| Metric | WRB | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 25% above |
| PE % | 66 | 63 | 3 pts above |
WRB is trading at 16x earnings, a 25% premium 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.
WRB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $72.8 | 5.9% above |
| 20 week MA | $71.7 | 7.5% above |
| 50 week MA | $69.5 | 11% above |
| 100 week MA | $69.3 | 11% above |
| 200 week MA | $59.3 | 30% above |
WRB 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.
WRB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.5 | $29.4 | -3.6% |
| 2021 | $29.4 | $35.6 | +21% |
| 2022 | $35.6 | $49.0 | +37% |
| 2023 | $49.0 | $47.2 | -3.7% |
| 2024 | $47.2 | $59.0 | +25% |
| 2025 | $59.0 | $70.6 | +20% |
| 2026 YTD | $70.6 | $77.2 | +9.3% |
WRB has the edge over COIN on returns for 2026, with the stronger performance.