Coinbase Reports Strong Q3 as Revenue Hits $1.9 Billion

Coinbase delivered strong Q3 results, with $1.9 billion revenue and rising stablecoin income, leading analysts to project significant upside potential.

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Coinbase Reports Strong Q3 as Revenue Hits $1.9 Billion

Coinbase Reports Strong Q3 as Revenue Hits $1.9 Billion
Coinbase posted Q3 revenue of $1.9 billion, supported by net income of $433 million and EBITDA of $801 million. Despite reduced volatility in some digital assets, the company saw strong traction in stablecoin related products, giving analysts confidence in future diversification beyond trading fees. Several brokerages now believe the stock could see up to 90% upside if revenue expansion continues in non trading segments.
Companies:
  • Coinbase
Tags:
  • crypto
  • coinbase