Coinbase Global Inc, the cryptocurrency exchange platform's intrinsic worth is 85 billion USD, compared with Coinbase's current market capitalization of 30.56 billion USD, according to Wolfteam Ltd.
Coinbase's revenue of 3.15 billion USD fell -59.81 % in 2022 and Coinbase's net profit margin of - 83.35 % was deeply negative in 2022. That said, in the last reported quarter Coinbase's revenue of 623 mln. USD started growing with 8.09 % year on year and the net profit margin significantly improved to -0.36 %.
Binance, Coinbase's biggest Chinese competitor has significant problems with the US law enforcement agencies, which is a great advantage for Coinbase. Binance was a big competitor of Coinbase.
In addition, the overall stock market sentiment is positive since the Federal Reserve is expected to either hold or even cut the key Federal Funds Rate in the coming months.
Coinbase also has legal problems of its own. Once Coinbase's legal problems are clear Coinbase's intrinsic worth can surpass 120 billion USD, according to Wolfteam Ltd.'s revenue and projections estimates.
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