Coinbase（Coin）Q4收益預覽：華爾街分析師預計從前三個月來的收入會大大增加

對於加密貨幣和華爾街分析師來說，第四季度是一個很好的選擇

Coinbase (NASDAQ:COIN) stock rose sharply in 2023, tracking gains in the crypto market and ahead of the exchange's fourth quarter earnings report, due out after the closing bell on March 7.

Coinbase（NASDAQ：COIN）股票在2023年急劇上升，跟踪加密貨幣市場的收益，並在3月7日結束後的第四季度收益報告之前。

Analysts, on average, expect Coinbase to report a net loss of $2.45 per share on revenue of $1.8 billion, according to data from FactSet. In the prior three months, Coinbase swung to a loss of $0.41 per share, while revenue came in at $1.26 billion.

根據FACTSET的數據，分析師平均預計Coinbase將報告每股2.45美元的淨虧損為18億美元。在前三個月中，Coinbase跌至每股0.41美元，而收入為12.6億美元。

Coinbase saw strong trading activity in the fourth quarter, with total exchange volume rising to $195.9 billion from $185.3 billion in the third quarter. The $195.9 billion figure would be the strongest quarterly result since the fourth quarter of 2021.

Coinbase在第四季度看到了強大的交易活動，總交易量從第三季度的1853億美元上升到1.959億美元。自2021年第四季度以來，這筆1,59億美元的數字將是最強的季度結果。

Shares of Coinbase rose 1.4% in premarket trading on Tuesday. The stock is now up about 90% from a year ago.

週二，Coinbase的股票上漲了1.4％。現在，該股票比一年前增長了約90％。

Coinbase stock recently gained the attention of several Wall Street analysts. Here's a look at what they had to say:

Coinbase Stock最近引起了華爾街幾位分析師的注意。這是他們必須說的話：

* Citi maintained a buy rating on Coinbase and raised its price target on the stock to $350 from $275. The bank expects Coinbase to report fourth quarter revenue of $1.7 billion, below the $1.8 billion consensus estimate.

*花旗在Coinbase上維持買入評級，並將其股票的價格目標從275美元提高到350美元。該銀行預計Coinbase將報告第四季度收入17億美元，低於18億美元的共識估計。

* JPMorgan remained neutral on the stock. The firm sees fourth quarter revenue at $1.77 billion, also below the $1.8 billion estimate.

*摩根大通對股票保持中立。該公司的第四季度收入為17.7億美元，也低於估計18億美元的估計。

Coinbase is also expected to provide an outlook for 2025, with analysts largely in agreement that this year will be critical for the crypto exchange, given the policy changes and regulatory shifts.

預計Coinbase還將為2025年提供前景，分析師在很大程度上同意，鑑於政策變化和監管變化，今年對於加密交易所至關重要。

* Citi expects static crypto prices in 2025 and anticipates more normalized volumes, leading to 6% year-over-year transaction revenue growth, compared to consensus estimates of 3% growth. The bank also noted that the stock is likely to remain a 'risk-on' play throughout 2025 and will probably experience volatility in response to macro developments and shifts in market sentiment.

*花旗預計2025年的靜態加密貨幣價格預計會有更多的歸一化量，而同比增長的共識估計為3％。該銀行還指出，該股票在整個2025年可能仍然是“風險啟用”的遊戲，並且可能會因宏觀發展和市場情緒的轉變而經歷波動。

* According to Citi, one key area of focus for Coinbase in 2025 will be to continue diversifying its revenue stream, as 50% of its revenue is still derived from trading fees. The bank's analysts highlighted several growth opportunities for the exchange, including the tokenization of assets, embedded smart contract applications and Web3, potential efficiencies in cross-border and remittance, and using the blockchain as an AI governance tool.

*根據花旗的說法，Coinbase在2025年的關鍵領域將繼續使其收入流多樣化，因為其收入的50％仍來自交易費。該銀行的分析師強調了交換的幾個增長機會，包括資產的令牌化，嵌入式智能合同應用程序和Web3，跨境和匯款的潛在效率，以及使用區塊鏈作為AI治理工具。