Coinbase, a big cryptocurrency company, had a great last quarter of 2024! Its profits went way up thanks to more people buying and selling crypto. This is partly because of the election results.
- Coinbase made much more money than the previous three months.
- Lots of cryptocurrency trading happened, boosting Coinbase's income.
- Experts predict Coinbase's stock price will keep rising, but it might be bumpy.
| Item | Number |
|---|---|
| Expected Q4 Revenue | $1.8 billion |
| Q3 Revenue | $1.26 billion |
| Q4 Trading Volume (predicted) | $195.9 billion |
| Citi's Price Target for COIN stock | $350 |
