Coinbase股票在2025年可以飞行多高？

考虑到Oppenheimer最近将其对公司股票的价格目标提高到388美元，Coinbase股票对好的SEC新闻的杂乱无章的回应可能是一个购买机会。

Coinbase (NASDAQ:COIN) hopes that the Securities and Exchange Commission (SEC) will dismiss all the outstanding cases against crypto firms by 2025.

Coinbase（NASDAQ：COIN）希望，证券交易委员会（SEC）将在2025年之前驳回针对加密货币公司的所有未偿还案件。

According to Coinbase CEO Brian Armstrong, the regulator has about 100 active cases, which it opened during the Trump administration. Armstrong now hopes that the regulator will clear the docket.

据Coinbase首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）称，监管机构有大约100个活跃案件，这是在特朗普政府期间开放的。现在，阿姆斯特朗希望监管机构能清除案卷。

“Hopefully, the SEC will dismiss all the bogus cases (there are about 100) by 2025, which will create a domino effect for the rest of the industry.”

“希望到2025年，SEC将驳回所有伪造案件（大约有100个），这将为整个行业带来多米诺骨牌效应。”

Coinbase itself faced an SEC probe in 2021 over allegations that it allowed Americans to trade digital assets that were not registered with the regulator. However, both parties settled the case without any admission of wrongdoing.

Coinbase本身在2021年面临SEC调查，该指控允许美国人交易未在监管机构注册的数字资产。但是，双方都在没有任何不当行为的情况下解决了该案。

Coinbase stock was down 4.5% at the last check on Feb. 21, following a modest gain of 1.4% in 2023 so far.

在2月21日的最后一次检查中，Coinbase的股票下跌了4.5％，此前2023年在2023年的1.4％收益下降。

COIN stock is up over 1,100% since its direct listing in April 2021. However, the crypto exchange operator saw its stock lose over 80% in 2022 amid the broader market downturn and the collapse of several major crypto firms including FTX and BlockFi.

自2021年4月的直接上市以来，硬币股票上涨了1,100％。但是，加密货币交易所的股票在2022年的股票下降幅度较大，并且在更广泛的市场下滑和包括FTX和Blockfi在内的几家主要加密货币公司的崩溃之中，其股票损失了80％以上。

Coinbase hopes for a better 2025 as it aims to leave the crypto winter behind.

Coinbase希望拥有更好的2025年，因为它旨在将加密货币冬季抛在后面。

Coinbase stock closed at $249.04 on Feb. 21, valuing the company at about $40 billion. At the time of its listing, Coinbase was valued at over $90 billion.

Coinbase股票于2月21日收于249.04美元，对该公司的评价约为400亿美元。在上市时，Coinbase的价值超过900亿美元。

COIN stock hit a record high of $370 in April 2021, shortly after going public. Several analysts remain bullish on the stock with Oppenheimer recently raising its price target on COIN to $388 from a prior $300.

在公开上市不久之后，硬币股票在2021年4月创下了370美元的创纪录。几位分析师仍然对该股票看涨，而Oppenheimer最近将其对硬币的价格目标从前的300美元提高到了388美元。

Analyst Owen Lau is optimistic about Coinbase as it continues to dominate the crypto spot trading market.

分析师欧文·劳（Owen Lau）对Coinbase非常乐观，因为它继续主导加密现货贸易市场。

“Coinbase now owns 67% of that market versus 64% only in November, as per his report this week. Lau also expects the company’s push to diversify its business model to help unlock further upside in its share price.”

“ Coinbase现在根据他本周的报告，现在只有67％的市场和64％的市场。刘还希望该公司推动其业务模式多样化，以帮助以其股价上涨。”

Investors should note that Oppenheimer is not alone in remaining positive on Coinbase. The mean target on its stock currently sits at about $325, indicating potential upside of nearly 30% from current levels.

投资者应注意，Oppenheimer并不是一个人对Coinbase保持积极态度。目前，其股票的平均目标为325美元，表明当前水平的上涨空间接近30％。

Coinbase stock has a buy rating from 22 analysts, 10 have a hold rating, and two analysts are bearish on the stock with a sell rating, as per data汇总 by Yahoo Finance.

根据Yahoo Finance的数据汇总，Coinbase Stock的评级为22位分析师，10位分析师具有持有评级，两名分析师对股票的看跌股票。

Coinbase Technologies Inc. (NASDAQ:COIN) Q4 2023 Earnings Call

Coinbase Technologies Inc.（NASDAQ：COIN）Q4 2023收入电话

January 26, 2024

2024年1月26日

Operator

操作员

Good afternoon, everyone, and welcome to the Coinbase Q4 2023 earnings call. Joining us today are Coinbase CEO, Brian Armstrong; and CFO, Alesia Haas.

下午好，每个人都欢迎来到Coinbase Q4 2023收入电话。今天加入我们的是Coinbase首席执行官Brian Armstrong；和CFO，Alesia Haas。

Before we begin, I'd like to remind everyone that we will be making forward-looking statements on this call. These statements are based on our current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements.

在开始之前，我想提醒所有人，我们将在此通话中发表前瞻性陈述。这些陈述基于我们当前的期望和信念，并受到许多风险和不确定性，这些风险和不确定性可能导致实际结果与这些前瞻性陈述中描述的结果有实质性差异。

We encourage you to review our earnings press release and SEC filings for a discussion of these risks and uncertainties. We assume no obligation to update any forward-looking statements, except as required by law.

我们鼓励您查看我们的收入新闻稿和SEC文件，以讨论这些风险和不确定性。除法律要求外，我们没有承担更新任何前瞻性陈述的义务。

With that, I'd like to turn the call over to Brian.

这样，我想将电话交给布莱恩。

Brian Armstrong

布莱恩·阿姆斯特朗（Brian Armstrong）

Thanks for joining us today, everyone. I'll start with a quick overview of Q4 and then Alesia will provide more detail on the financials. After that, we'll open the call up for questions.

感谢您今天加入我们，大家。我将从第四季度的快速概述开始，然后Alesia将提供有关财务的更多详细信息。之后，我们将打开电话以获取问题。

We had a strong quarter to close out 2023, with total revenue of $2.3 billion, up 130% year-over-year. This was driven by a strong performance in our trading revenue, which increased by 140% year-over-year to $2.1 billion.

我们有一个强劲的季度，可以结束2023年，总收入为23亿美元，同比增长130％。这是由于我们的交易收入的出色表现所驱动，同比增长140％，达到21亿美元。

Our net income was $923 million for the quarter, compared to a net loss of $498 million in Q4 of 2022. We also generated positive adjusted net income of $1.2 billion in Q4, compared to an adjusted net loss of $344 million in the prior-year quarter.

我们的净收入为本季度的9.23亿美元，而2022年第四季度的净亏损为4.98亿美元。我们还产生了正调整的净收入净收入为42亿美元，而上年度调整后的净亏损为3.44亿美元四分之一。

Overall, we're pleased with our performance in Q4 and we're excited about the opportunities ahead for Coinbase in 2024.

总体而言，我们对第四季度的表现感到满意，我们对2024年Coinbase的机会感到兴奋。

With that, I'll turn the call over to Alesia.

这样，我将电话转换给Alesia。

Alesia Haas

Alesia Haas

Thanks, Brian. I'll now provide more detail on our financial results for the fourth quarter of 2023.

谢谢，布莱恩。现在，我将提供有关2023年第四季度财务业绩的更多详细信息。

Our

我们的