Should I buy Coinbase stock in 2025?

What is Coinbase?

How much is the Coinbase stock?

The price of Coinbase stock is falling this week. As of now, the current price is $248.84, down 2.14% over the past 24 hours and 5.44% over the week.

The company’s market capitalisation stands at $63.38 billion, with a three-month average trading volume of 11.08 million shares.

Coinbase features a P/E ratio of 46.69, does not pay a dividend, and has a beta of 3.62, highlighting considerable volatility compared to the broader market.

For Irish investors, this elevated volatility may present both risk and short-term trading opportunities.

Our full analysis on the Coinbase stock

After carefully reviewing Coinbase Global Inc.’s (COIN) latest financial results and assessing its stock performance over the past three years, our proprietary algorithmic approach—blending technical and fundamental data, peer benchmarking, and macro trends—provides a comprehensive perspective on its evolving risk-reward profile. With the company now firmly embedded in both the S&P 500 and the rapidly institutionalising crypto ecosystem, Coinbase’s growth story appears at a compelling inflection point. So, why might Coinbase stock once again become a strategic entry point into the financial innovation sector in 2025?

Recent Performance and Market Context

Coinbase has exhibited notable resilience in what continues to be an exceptionally dynamic market. As of 30 May 2025, COIN trades at $248.84, representing a modest advance of 5.15% over the past twelve months, despite a recent six-month drawdown of nearly 16%. This tempered near-term price action follows a period of strong outperformance in 2023 and early 2024, reflecting both the inherent volatility of the crypto sector and the persistent market recalibration around fintech exposures.

Several recent developments provide a positive undertone to the market narrative:

• S&P 500 Inclusion: Coinbase’s entry as the first crypto-native company into the S&P 500 underscores mainstream institutional acceptance and bodes well for its long-term capital flows.
• Continued Institutional Adoption: Coinbase now custodies approximately 90% of the Bitcoin holdings in US spot Bitcoin ETFs, anchoring its key role in the crypto financial infrastructure.
• Regulatory Backdrop: Prospects for a more accommodative regulatory environment, particularly under a Trump administration, hold promise for enhanced sector visibility and capital formation.
• Momentum from Crypto Markets: Amidst the continued rally in Bitcoin and major cryptocurrencies, Coinbase stands as a principal beneficiary via both trading volumes and custody business expansion, directly linking its fortunes to the rising tide of digital asset adoption.

While the recent cybersecurity incident in May 2025 has introduced temporary headwinds and increased scrutiny, market sentiment remains constructive, as evidenced by the sustained consensus “Buy” recommendation from analysts and upward revisions to price targets.

Technical Analysis

A closer technical dissection of COIN’s price structure reveals an encouraging bullish underpinning:

• Indicators: The 14-day RSI stands at 56.83—an area that signals neither overbought nor oversold conditions and therefore provides ample room for upward movement. The MACD at 16.93, a robust “buy” signal, continues to register positive momentum.
• Price Relative to Averages: Most notably, COIN is currently trading above all its major moving averages:
• 20-day: $240.77
• 50-day: $223.60
• 100-day: $225.14
• 200-day: $224.43
• Trading above these benchmarks suggests the emergence of a well-supported, medium-term uptrend.
• Support and Resistance: The key technical support sits at $246.76, just beneath current price, and is reinforced by recent daily lows—offering a potential entry point for trend-following investors. Meanwhile, the major resistance at $349.75 coincides with the 52-week high and is the next credible technical target in a new bullish phase.
• Momentum/Structure: The combination of a strong MACD, neutral-to-positive RSI, and prices clearly north of all significant moving averages argues for continued upside momentum, with technicals confirming the market’s constructive outlook.

Fundamental Analysis

On the fundamentals, Coinbase’s latest quarterly results reinforce its status as an earnings power house in the new digital financial era:

• Revenue and Profitability: Q1 2025 revenue posted at $2.03 billion, with adjusted EBITDA of $930 million and net income reaching $66 million. Earnings per share exceeded consensus estimates by 4%—a testimony to the firm’s ability to navigate heightened volatility without major margin compromise.
• Growth Trajectory: 2024 revenue soared to $6.29 billion, more than doubling year-on-year (+115%). Such high double-digit growth is rare among large-cap tech stocks and exemplifies both market expansion and Coinbase’s operational leverage.
• Valuation Metrics: With a current market capitalisation of $63.4 billion and a P/E ratio of 46.7, COIN stands at a premium to many traditional financials but remains significantly less frothy than many disruptive tech peers. The consensus price target of $274.40 offers a further 10%+ upside from current levels, with some houses, including Jefferies, notably raising targets in recent months.
• Structural Strengths: Central to the bullish thesis is Coinbase’s leadership in crypto infrastructure, diversity of revenue streams (trading, custody, services), strong balance sheet (over $8 billion in cash), and worldwide brand recognition. Its partnerships (e.g., with Penrose Partners) and expansion into derivatives (with the pending Deribit acquisition) further diversify risk and reinforce its future earnings potential.

Volume and Liquidity

Liquidity is a bulwark for investor confidence in volatile sectors such as crypto. Coinbase enjoys impressive liquidity metrics:

• Average Trading Volume: Over 11 million shares are exchanged daily, ensuring seamless entry and exit for both institutional and private investors.
• Public Float: With a substantial float of nearly 202 million shares, potential for price manipulation remains low, and the large pool supports dynamic and efficient price discovery.

Elevated trading volume, even through periods of episodic volatility, signals ongoing institutional engagement and sustained market participation—vital traits for a stock in the growth technology segment.

Catalysts and Positive Outlook

Looking ahead, Coinbase’s investment thesis is supported by multiple, compelling catalysts:

• Crypto Market Expansion: As Bitcoin and other digital assets become ingrained in core financial portfolios, Coinbase’s platform, custody, and trading services are poised for exponential growth alongside the market.
• ETF Market Leadership: Custodying the vast majority of assets in US Bitcoin ETFs positions Coinbase as the backend infrastructure for the largest inflow of institutional crypto assets ever seen.
• Derivatives Expansion: The pending acquisition of Deribit signals intent to seize a growing revenue opportunity in crypto derivatives, further deepening its economic moat.
• Favourable Regulatory Trends: The 401(k) eligibility for crypto assets and generally constructive legal environment lay groundwork for broader market access and product innovation.
• ESG and Security Initiatives: While the May 2025 cybersecurity incident is a short-term challenge, Coinbase’s public and proactive response, coupled with significant investments in security, should reinforce trust with both individual and institutional clients.
• Strategic Partnerships: Initiatives like its alliance with Penrose Partners to drive finance innovation in Bermuda highlight Coinbase’s aggressive international and platform expansion focus.

Taken as a whole, these catalysts point toward persistent top-line acceleration, incremental margin gains, and enduring leadership in what is arguably the highest-growth vertical within financial technology.

Investment Strategies

Coinbase, at its current technical and fundamental crossroads, reveals several attractive entry strategies tailored to varying investor horizons:

• Short-term: Momentum traders will note the bounce from the $246.76 support and the active MACD buy signal as evidence of a possible near-term upswing back towards the resistance levels at $274 and $290.
• Medium-term: The anticipated closing of the Deribit acquisition, further progress on regulatory fronts, and improving sentiment following the S&P 500 inclusion could propel the stock through previously established resistance, making a case for positions ahead of these catalysts.
• Long-term: Investors with a multi-year view may find COIN’s combination of market leadership, revenue growth, robust liquidity, and ability to monetise the institutionalisation of crypto assets make it a uniquely positioned growth vehicle. The current price—off the highs and now consolidating above all key moving averages—seems to represent an excellent opportunity for strategic accumulation.

Notably, timing entry points near meaningful technical supports increases the margin of safety while still fully participating in the upside potential should upcoming catalysts materialise.

Is It the Right Time to Buy Coinbase?

In summary, Coinbase offers a rare confluence of robust fundamentals, dynamic liquidity, and multifaceted growth drivers, all set against a backdrop of improving sector sentiment and ongoing innovation. Technical signals are aligning to suggest that, following a period of relative underperformance, the stock may be entering a new bullish phase. Analyst consensus affirms this optimism, with not only “Buy” ratings predominating but also rising price targets reflecting widespread confidence in the company’s future.

Given its unique position at the intersection of crypto, technology, and institutional finance, coupled with clear technical and fundamental justifications for renewed interest, Coinbase appears to be an outstanding candidate for serious consideration among growth-oriented equity investors. A strengthening macro backdrop, numerous near-term and structural catalysts, and continually rising engagement from both retail and institutional participants make current levels especially attractive to those seeking exposure to the future of finance.

For those looking to capture the next evolution of digital asset innovation, the current juncture for Coinbase may well represent one of the sector’s most promising opportunities in 2025.

How to buy Coinbase stock in Ireland?

Buying shares of Coinbase online is straightforward and secure when you use a regulated broker approved for Irish investors. You have two primary ways to get exposure: direct, spot buying of Coinbase shares or trading contracts for difference (CFDs), which track the stock’s price. Spot buying means you own real shares, while CFDs let you speculate—potentially with leverage—without having to own the shares directly. Each method comes with its own risks and advantages. To help you choose, you’ll find a comparison of leading brokers and their fees further down the page.

Spot buying

A cash or spot purchase means buying actual Coinbase shares through your broker, which you then own outright. Typical Irish brokers charge a fixed order commission—often around $5–$10 per trade (or the euro equivalent).

Example

If the Coinbase share price is $248.84, with a $1,000 stake you can buy roughly 4 shares ($1,000 ÷ $248.84 ≈ 4), after accounting for a standard $5 brokerage fee.

• Gain scenario: If the share price rises by 10%, your holding’s value grows to $1,100. Result: +$100 gross gain (10% return on your investment).

Trading via CFD

CFD (contract for difference) trading allows you to speculate on Coinbase’s price movements without owning the shares. Instead, you open a contract reflecting the share price. While you pay a spread (the broker’s difference between buy/sell prices) and potentially overnight financing for holding leveraged positions, you can amplify potential returns. For instance, with a $1,000 stake and 5x leverage, you gain exposure worth $5,000.

Example

Gain scenario: If Coinbase stock rises by 8%, your leveraged position achieves 8% × 5 = 40% gain. Result: +$400 profit on a $1,000 margin (excluding fees).

Final advice

Before investing, it’s essential to compare broker fees, available markets, and platform conditions to find the best fit for your needs. The right choice depends on your objectives—whether you prefer to own shares directly (for long-term growth) or trade actively with leverage. For details on brokerage options and fee structures, refer to the comparison tool further down the page and invest with confidence.

Our 7 tips for buying Coinbase stock

The latest news about Coinbase

Coinbase’s historic inclusion in the S&P 500 index marks a major milestone for digital asset acceptance. The stock’s entry into the key U.S. equity benchmark—announced and effective in late May 2025—represents a significant legitimization of crypto-native companies within mainstream financial markets, a development likely to resonate positively among professional and institutional investors in Ireland and throughout Europe. With many Irish pension funds, ETFs, and institutional portfolios benchmarked or allocated to S&P 500 constituents, Coinbase is set to benefit from increased passive inflows and enhanced visibility, which could bolster demand and price stability for the stock.

Coinbase remains the dominant custodian for Bitcoin ETFs, safeguarding approximately 90% of their assets worldwide. This structural advantage is directly relevant for Irish investors, given the strong appetite for U.S.-based spot Bitcoin ETFs among EU and Irish wealth managers and advisers. Coinbase’s critical infrastructure role underpins the secure, compliant access to crypto assets now demanded by European institutions, further cementing its reputation as a global leader in institutional-grade crypto services. This security and utility proposition is increasingly valued amid the continent’s gradual regulatory maturation, as Irish funds look for robust platforms to comply with the evolving MiCA regime.

Analyst consensus has maintained a Buy recommendation on Coinbase, with recent upward price target revisions and positive technical signals. As of May 30, 2025, Jefferies raised its target from $210 to $260, while the mean analyst target sits at $274.40, implying over 10% upside. Technical metrics are notably robust: the stock currently trades above all major long-term moving averages, and the MACD displays a strong buy signal. For Irish investors—particularly those engaged in active strategies—this combination of fundamental support and technical momentum offers a constructive background for exposure to Coinbase shares.

Coinbase’s Q1 2025 financial results showcased resilience, with earnings per share beating expectations and strong cash reserves supporting stability. The company posted $2.03 billion in quarterly revenue and $930 million in adjusted EBITDA, with EPS of $1.94—beating analyst estimates by 4%. While revenues came in marginally below projections, this outperformance on earnings combined with a formidable $8.05 billion in cash signals continued financial robustness, reassuring risk-conscious Irish institutional investors that may be sensitive to sector volatility.

A recent cybersecurity incident was promptly disclosed and investigated, demonstrating transparency and active risk mitigation, with limited long-term impact foreseen by the market. In May, Coinbase reported a data breach affecting over 69,000 customers. While the direct costs are estimated between $180-400 million, the company’s immediate communication and the opening of a U.S. Department of Justice investigation have been met with continued market optimism, indicating confidence in its crisis management. For stakeholders in Ireland operating under stringent EU data regulations, Coinbase’s swift, official response provides assurance regarding its commitment to compliance and operational integrity.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.