Coinbase Shares Plunge 3.3% as GuruFocus Value Estimate Suggests Undervaluation
Coinbase Global Inc (COIN) shares fell 3.3% on October 2, 2026, to $183.00. The stock's price has been volatile over the past year, trading between $139.11 and $402.16.
The GuruFocus Value estimate of $184.60 suggests COIN is marginally undervalued by 0.9% at its current price. However, this value estimate may not be reliable for unprofitable companies like Coinbase.
A Price-to-Sales (P/S) analysis indicates COIN's stock trades above its historical median of around 8.6x. Its forward P/E ratio is 65.4x, significantly higher than the 5-year median of 34.4x, implying an overvalued market context.
COIN's GF Score of 78/100 falls into the 'Above Average' category, with a strong profitability rank but low financial strength and growth potential scores.