COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
ZION
Zions Bancorporation, National Association
ZION's fundamentals are strong: its operating margin rose 8 points to 41% and revenue grew 13%. At 8.1x earnings, it's trading below its usual 9.8x. 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.
ZION Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
ZION's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ZION.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
ZION PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.1x | $66.14 | +0.3% |
| Current | 8.1x | $65.95 | — |
| Forward | 9.7x | $65.95 | — |
| Fair | 9.8x | $79.72 | +21% |
| Expensive | 12x | $98.31 | +49% |
Historical ranges are pointers, not guarantees.
ZION's PE is in its cheap range at 8.1x. On analysts' estimates for next year's earnings, today's price would be 9.7x, 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.
ZION Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
ZION has the edge over COIN on the outlook, with more favorable revenue expectations.
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.
ZION Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.81 | -16% |
| Q3 2026 | $8.15 | +46% |
| Q2 2026 | $7.85 | +44% |
| Q1 2026 | $6.43 | +26% |
| Q4 2025 | $6.00 | +21% |
| Q3 2025 | $5.58 | +27% |
| Q2 2025 | $5.47 | +32% |
| Q1 2025 | $5.12 | +29% |
| Q4 2024 | $4.95 | +14% |
ZION 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.
ZION Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $881M | +2.3% |
| Q2 2026 | $1.1B | +36% |
| Q1 2026 | $849M | +6.8% |
| Q4 2025 | $891M | +8.7% |
| Q3 2025 | $861M | +8.7% |
| Q2 2025 | $838M | +7.9% |
| Q1 2025 | $795M | +7.1% |
| Q4 2024 | $820M | +12% |
ZION has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | +5 points |
| Q2 2026 | 51% | +14 points |
| Q1 2026 | 35% | +4.6 points |
| Q4 2025 | 38% | +5.1 points |
| Q3 2025 | 33% | -1.9 points |
| Q2 2025 | 37% | +3.5 points |
| Q1 2025 | 30% | +2.7 points |
| Q4 2024 | 33% | +12 points |
ZION 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.
ZION Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $860M | +108% |
| Q2 2026 | $389M | +$482M |
| Q1 2026 | $398M | +162% |
| Q4 2025 | $480M | -1.8% |
| Q3 2025 | $413M | +326% |
| Q2 2025 | -$93M | -140% |
| Q1 2025 | $152M | -34% |
| Q4 2024 | $489M | +$763M |
ZION 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 |
ZION Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -1.1M shares |
| 1 year | -1.4% | -2M shares |
| 3 years | -1.7% | -2.6M shares |
| 5 years | -9.6% | -15.4M shares |
| Available history | -22% | -41.4M shares |
ZION has 145M diluted shares, down 1.4% from a year ago, with $227M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $75M |
| Q2 2026 | $75M |
| Q1 2026 | $77M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $41M |
| Q4 2024 | $1M |
ZION spent $227M buying back its own shares over the past year, about five 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 ZION on leverage, with a lower net debt burden relative to earnings.
ZION Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.0x | Healthy |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 3.0x | Elevated |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 3.6x | Elevated |
ZION's net debt is about a year of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like ZION.
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).
ZION Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.8 | Neutral |
| Stochastic | 38.7 | Neutral |
ZION's weekly RSI is 52 (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.
ZION PE vs Financial Services Sector
| Metric | ZION | Sector median | Relative |
|---|---|---|---|
| PE | 8.1x | 13x | 38% below |
| PE % | 16 | 63 | 47 pts below |
ZION is trading at 8.1x earnings, a 38% 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.
ZION Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $64.4 | 2.4% above |
| 20 week MA | $67.4 | 2.2% below |
| 50 week MA | $63.3 | 4.2% above |
| 100 week MA | $57.8 | 14% above |
| 200 week MA | $49.4 | 34% above |
ZION 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.
ZION Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.5 | $43.3 | -16% |
| 2021 | $43.3 | $62.4 | +44% |
| 2022 | $62.4 | $48.5 | -22% |
| 2023 | $48.5 | $43.9 | -9.5% |
| 2024 | $43.9 | $54.7 | +25% |
| 2025 | $54.7 | $59.5 | +8.8% |
| 2026 YTD | $59.5 | $66.0 | +11% |
ZION has the edge over COIN on returns for 2026, with the stronger performance.