| COIN |
Report |
Transaction Revenue |
MISS |
pred ~$610M vs. cons $632M |
MEDIUM |
| COIN |
Report |
Subscription & Services Revenue |
BEAT |
pred ~$610M vs. cons $592M |
MEDIUM |
| COIN |
Report |
Adjusted EBITDA |
MISS |
pred ~$320M vs. cons $326M |
MEDIUM |
| COIN |
Guide |
S&S Revenue (Q3 2026) |
BETTER |
guide ~$660M midpoint vs. cons ~$600M |
MEDIUM |
| COIN |
Guide |
Adjusted Expenses (FY 2026) |
UNCHANGED |
reaffirm $4.3-4.6B vs. cons $4.45B |
HIGH |
| COIN |
Return |
Day-1 residual (stock − beta × S&P 500) |
+4.0% |
— |
MEDIUM |
| COIN |
Return |
5-day cumulative residual |
+6.0% (FOLLOW-THROUGH) |
FOLLOW-THROUGH - sell-side revises Q3 S&S estimates up; short covering adds fuel; soft crypto macro caps upside |
MEDIUM |