Why is COIN down?
Down 3.7% today, more than its financial peers' 1.2%; no story names it yet.
Fell on Oct 30
Down 11% on Oct 30, a down day for the market: the S&P 500 fell 2%, 71% of stocks fell, and crypto stocks a median 8%.
- Its Oct 29 results:
Down 3.7% today, more than its financial peers' 1.2%; no story names it yet.
Fell on Oct 30
Down 11% on Oct 30, a down day for the market: the S&P 500 fell 2%, 71% of stocks fell, and crypto stocks a median 8%.
COIN's Quality Score fell 2 points on Tue, Nov 10, to -5.
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| Holding it back | Sales down 27% on the year |
| Latest filing | 8-K, Oct 29 |
TodayNo story names it yet.
Tue Nov 17: TomorrowX Summit 2026Industry event · date confirmed.
After its last 4 reports it closed -0.1% on average, higher 2 of 4 times.
Poorfor quality, not price, 1 of 14 chart checks firingWhat the Quality Score means
COIN is #18 of 23 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 2 | ||
| 3 | ||
| 4 | ||
| Open for its score | ||
| Open for its score | ||
| 18 |
Net income over four quarters: COIN -$702M, HOOD $1.98B, SOFI $738M.
Expected to report Thu Feb 11, after the close (in 93 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Revenue of $1.2B.
“Spot share gains driven by stablecoin demand globally”
| Line | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Bank Servicing and Subscription and Circulation | $1.2B | $1.2B | $1.8B |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Oct 29)
No outlook figures read from this release.
“Derivatives share growth driven by momentum across our products”
From its results filing (SEC filing · Oct 29)
Sales grew 41% a year over 5 years, fiscal 2020 to 2025.
Its share count grew 8.9% a year over 3 years.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Oct 29, 2026 | -7.7% | -10.6% | -14.8% |
| Jul 30, 2026 | -6.4% | -10.6% | -11.1% |
| May 7, 2026 | -3.6% | +4.3% | +9.9% |
Sales grew in four of the last six years, to $7.2B in 2025. It made a profit in five of the seven years.
RSI 32.4, MACD below signal, below both averages. Not scored.
19 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: COIN is 0.1% of SCHG, under 0.1% of VOO, and under 0.1% of IVV, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
“The crypto industry is highly innovative, rapidly evolving, and characterized by healthy competition, experimentation, changing customer needs, frequent introductions of new products and services, and is subject to uncertain and evolving industry and regulatory requirements.”
COIN scores -5 today, which Breakaway calls Poor. It is #18 of 23 in Crypto & Digital Assets by Quality Score, with 1 of 14 chart checks firing. Down 11% on Oct 30, a down day for the market: the S&P 500 fell 2%, 71% of stocks fell, and crypto stocks a median 8%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
COIN scores -5 today, which Breakaway calls Poor (below zero). That is #18 of 23 in Crypto & Digital Assets by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind COIN's -5.
Expected to report Thu Feb 11, after the close, a date Breakaway expects from the company's usual timing; the company has not confirmed it. COIN closed higher after 2 of its last 4 reports. Past behavior, not a forecast.
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Insider and Congress trades, the chart, and the financials, in one score.
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