Robinhood Markets Hood和Interactive Brokers Group，Inc。IBKR

回到硬币后，加密价格的固有波动率使这位加密货币领导者暴露于操作风险。

Coinbase Global, Inc. COIN is trading at a premium valuation multiple compared to the industry average, according to Zacks Investment Research.

根据Zacks Investment Research的数据，Coinbase Global，Inc。Coin与行业平均水平相比，交易额相比以高价估值。

This is despite the fact that the company's revenue growth has slowed in recent quarters, and it is facing increasing competition in the crypto market.

尽管事实上该公司的收入增长在最近的几个季度已经放缓，并且面临着加密市场的竞争日益增加。

Coinbase is a leading cryptocurrency exchange that provides a range of products and services to individual and institutional traders. The company's fortunes are closely tied to the fortunes of the crypto market, which has been volatile in recent years.

Coinbase是领先的加密货币交易所，为个人和机构交易者提供一系列产品和服务。该公司的命运与加密市场的命运紧密相关，该市场近年来一直在波动。

This inherent volatility in crypto prices exposes Coinbase to operational risks. The failure of its foundational platforms also poses risks. It is also exposed to cyber threats.

加密价格的这种固有的波动率使Coinbase暴露于运营风险。其基础平台的失败也带来了风险。它也暴露于网络威胁。

However, Coinbase is making efforts to accelerate growth in the crypto market, increase market share in spot trading on consumer and institutional trading platforms and improve trading experience, along with continuing innovation.

但是，Coinbase正在努力加速加密市场的增长，在消费者和机构交易平台上增加市场份额，并提高交易经验，并持续创新。

These efforts should help the company to sustain growth and expand its market share in the years to come.

这些努力应有助于公司在未来几年中维持增长并扩大其市场份额。

Despite its premium valuation, one can add this Zacks Rank #1 (Strong Buy) to the portfolio, given the increasing acceptance and adoption of cryptocurrency, which is expected to take the company a long way.

尽管估值高昂，但鉴于加密货币的接受和采用越来越多，这将使公司持续很长一段路。

You can see the complete list of today’s Zacks #1 Rank stocks here.

您可以在此处看到当今Zacks＃1排名股票的完整列表。

Coinbase is a popular choice among traders, especially those interested in cryptocurrencies. The company's stock is up more than 100% since the beginning of the year, and it has outperformed the market.

Coinbase是交易者的流行选择，尤其是那些对加密货币感兴趣的人。自今年年初以来，该公司的股票上涨了100％以上，并且表现优于市场。

However, at a P/E multiple of 140.83 compared to the industry average of 48.37, Coinbase is trading at a premium valuation.

但是，以140.83的市盈率为140.83，而行业平均值为48.37，Coinbase的交易额为高级估值。

This premium valuation is surprising considering that Coinbase's revenue growth has slowed in recent quarters. After reporting a year-over-year revenue growth of 78% in the previous quarter, the company's top-line growth decelerated to 46% in the last quarter.

考虑到Coinbase最近几个季度的收入增长放缓，这种高级估值令人惊讶。在上一季度报告了上一季度的收入增长78％之后，该公司的一流增长在上一季度下降至46％。

Moreover, Coinbase is facing increasing competition in the crypto market. Several new and existing players are entering the market, offering a wide range of products and services.

此外，Coinbase面临着加密市场中竞争的日益增长。几位新的和现有的参与者正在进入市场，提供广泛的产品和服务。

This competitive landscape is likely to intensify in the coming years, putting pressure on Coinbase to innovate and maintain its market share.

在未来几年，这种竞争格局可能会加剧，这给共同构成以创新和维持其市场份额。

Coinbase is a company that is closely watched by traders and investors. The company's stock price movements are often volatile, and they can be influenced by a variety of factors, such as changes in crypto prices, regulatory developments and the company's own performance.

Coinbase是一家由交易者和投资者密切关注的公司。该公司的股票价格变动通常是波动的，它们可能会受到各种因素的影响，例如加密价格的变化，监管发展和公司自己的绩效。

Those interested in investing in Coinbase should carefully consider the company's strengths, weaknesses, opportunities and threats before making a decision.

那些有兴趣投资Coinbase的人应在做出决定之前仔细考虑公司的优势，劣势，机遇和威胁。

Coinbase is a company that is known for its innovation and its commitment to providing traders with the best possible experience. The company is constantly developing new products and services to meet the evolving needs of its users.

Coinbase是一家以其创新和致力于为交易者提供最佳体验的公司而闻名的公司。该公司正在不断开发新产品和服务，以满足用户不断发展的需求。

However, despite its efforts to diversify its revenue streams and expand into new markets, Coinbase remains heavily reliant on trading activity. If there is a decline in trading volumes or if traders shift their activity to other platforms, then Coinbase's revenue and profitability could come under pressure.

但是，尽管努力使收入流多样化并扩展到新市场，但Coinbase仍然在很大程度上依赖交易活动。如果交易量下降或交易者将其活动转移到其他平台，那么Coinbase的收入和盈利能力可能会受到压力。

Coinbase is also operating in a regulatory environment that is still evolving. Different jurisdictions are introducing their own rules and regulations for cryptocurrencies and cryptocurrency exchanges.

Coinbase还在仍在不断发展的监管环境中运行。不同的司法管辖区正在引入他们自己的加密货币和加密货币交易的规则和规定。

Coinbase needs to ensure that it is compliant with these regulations in each of the markets where it operates. Any failure to comply with regulations could result in significant penalties or even the loss of operating licenses.

Coinbase需要确保其在运营的每个市场中都符合这些法规。任何不遵守法规的情况都可能导致重大罚款，甚至可能导致运营许可证的丢失。

Coinbase is a company that is exposed to several operational risks. Its platforms are handling large volumes of trades and data, and any technical issues could lead to disruptions in service or trading activity.

Coinbase是一家面临几种运营风险的公司。它的平台正在处理大量的交易和数据，任何技术问题都可能导致服务或交易活动中断。

The failure of its foundational platforms would pose significant risks to the company's operations and reputation.

其基础平台的失败将对公司的运营和声誉构成重大风险。

Coinbase is also exposed to cyber threats. Its systems and networks are a target for hackers and other malicious actors who could attempt to steal user funds or disrupt the company's services.

Coinbase还面临网络威胁。它的系统和网络是黑客和其他恶意演员的目标，他们可以试图窃取用户资金或破坏公司的服务。

Any successful cyberattack could have devastating consequences for Coinbase and its traders.

任何成功的网络攻击都可能对Coinbase及其交易者产生毁灭性的后果。

Despite these risks, I think that Coinbase is a company with strong potential for long-term growth. The company has a loyal user base, a strong brand and a leading position in the industry.

尽管有这些风险，我认为Coinbase是一家具有长期增长潜力的公司。该公司拥有忠实的用户群，一个强大的品牌和在行业中的领先地位。

Coinbase is well-capitalized and has no debt on its balance sheet, which provides it with the flexibility to invest in new initiatives or make acquisitions.

Coinbase资本良好，资产负债表上没有债务，这为其提供了投资新计划或进行收购的灵活性。

Overall, I think that Coinbase is a company that is worth keeping an eye on, especially for traders who are interested in the cryptocurrency sector. The company's stock price is likely to remain volatile, but it could offer significant upside potential if the company continues to execute well and if the broader crypto market trends higher.

总体而言，我认为Coinbase是一家值得关注的公司，特别是对于对加密货币行业感兴趣的交易者。该公司的股票价格可能会保持波动，但是如果公司继续执行良好，并且如果更广泛的加密市场趋势更高，则可能会提供巨大的上升潜力。

Coinbase is a company that is closely followed by traders and investors, and there are several articles and analyses available online that discuss the company's strengths, weaknesses, opportunities and threats in more detail.

Coinbase是一家贸易商和投资者紧随其后的公司，在网上有几篇文章和分析，可以更详细地讨论公司的优势，劣势，机遇和威胁。

To get more original research, combine your preferred investing style with Stock Advisor.

要获得更多原始研究，请将您首选的投资风格与股票顾问相结合。