Is Coinbase Global (COIN) Undervalued After Its UK Derivatives Launch?

Simply Wall St.08-12 11:48

AdvertisementWhat Coinbase Global’s UK derivatives launch means for investors Coinbase Global (COIN) has started offering leveraged derivatives trading to professional investors in the UK, including ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658926550?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/1033402-choice2-main-header/1585186850577","is_english":true,"pubTime":"2026-08-12 11:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658926550","market":"sg","top_or_hot":-1,"title":"Is Coinbase Global (COIN) Undervalued After Its UK Derivatives Launch?","media":"Simply Wall St.","content":"<div>\n<p>AdvertisementWhat Coinbase Global’s UK derivatives launch means for investors Coinbase Global (COIN) has started offering leveraged derivatives trading to professional investors in the UK, including ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-coin/coinbase-global/news/is-coinbase-global-coin-undervalued-after-its-uk-derivatives\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Coinbase Global (COIN) Undervalued After Its UK Derivatives Launch?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Coinbase Global (COIN) Undervalued After Its UK Derivatives Launch?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-12 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/diversified-financials/nasdaq-coin/coinbase-global/news/is-coinbase-global-coin-undervalued-after-its-uk-derivatives><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AdvertisementWhat Coinbase Global’s UK derivatives launch means for investors Coinbase Global (COIN) has started offering leveraged derivatives trading to professional investors in the UK, including ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-coin/coinbase-global/news/is-coinbase-global-coin-undervalued-after-its-uk-derivatives\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FDIG","symbol_name":"Fidelity Crypto Industry and Digital Payments ETF","start_time":0,"source_url":"https://simplywall.st/stocks/us/diversified-financials/nasdaq-coin/coinbase-global/news/is-coinbase-global-coin-undervalued-after-its-uk-derivatives","article_id":"2658926550","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/1033402-choice2-main-header/1585186850577"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/diversified-financials/nasdaq-coin/coinbase-global/news/is-coinbase-global-coin-undervalued-after-its-uk-derivatives","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658926550","pubTimestamp":1786506483,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"What Coinbase Global’s UK derivatives launch means for investors\nCoinbase Global (COIN) has started offering leveraged derivatives trading to professional investors in the UK, including perpetuals, futures, and options across crypto, commodities, equities, and foreign exchange markets.\nThis launch follows Coinbase Global’s recent moves into US stock trading and crypto perpetuals in Australia and positions the company as a regulated provider of a wider set of products for international...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"FDIG":"Fidelity Crypto Industry and Digital Payments ETF","COIA":"ProShares Ultra Coin ETF","COII":"REX COIN Growth& Income ETF","CONX":"Direxion Daily COIN Bull 2X ETF","COIG":"2倍做多COIN ETF- Leverage Shares","COIO":"2倍上限加速COIN ETF-Leverage Shares","CONY":"COIN期权收益策略ETF-YieldMax","FINX":"Global X FinTech ETF","COIW":"COIN周配息ETF-Roundhill","BK4516":"特朗普概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4535":"淡马锡持仓","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4596":"哈里斯概念","BK4600":"加密货币概念","BK4588":"碎股","BK4112":"金融交易所和数据","BK4595":"比特币概念","BK4551":"寇图资本持仓","IBLC":"iShares Blockchain and Tech ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","BK4539":"次新股","LU1861558580.USD":"日兴方舟颠覆性创新基金B","COIN":"Coinbase Global, Inc.","BK4554":"元宇宙及AR概念","LU1861217088.USD":"贝莱德金融科技A2","ICOI":"Bitwise COIN Option Income Strategy ETF","COYY":"GRANITESHARES YIELDBOOST COIN ETF","FIAT":"做空COIN期权收益策略ETF-YieldMax","CONI":"2倍做空COIN ETF-GraniteShares","BKCH":"AdvisorShares Sabretooth ETF","BLCK":"Corgi Crypto Infrastructure ETF","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CONL":"2倍做多COIN ETF-GraniteShares","BK4585":"ETF&股票定投概念"},"translate_title":"Coinbase Global (COIN) 在英国推出衍生品后是否被低估？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBLC":0.6,"FINX":0.6,"BKCH":0.68,"BLCK":0.6,"CONL":0.6,"COIO":0.6,"CONY":0.6,"ICOI":0.6,"COYY":0.6,"COIW":0.6,"FDIG":0.6,"COIG":0.6,"COII":0.6,"CONX":0.6,"COIA":0.6,"BITQ":0.68,"FIAT":0.6,"CONI":0.6,"COIN":1.98},"content_text":"AdvertisementWhat Coinbase Global’s UK derivatives launch means for investors Coinbase Global (COIN) has started offering leveraged derivatives trading to professional investors in the UK, including perpetuals, futures, and options across crypto, commodities, equities, and foreign exchange markets. This launch follows Coinbase Global’s recent moves into US stock trading and crypto perpetuals in Australia and positions the company as a regulated provider of a wider set of products for international clients. See our latest analysis for Coinbase Global. Against this backdrop of UK derivatives expansion, Coinbase Global’s share price has been under pressure, with a 90 day share price return of down 26.37% and a year to date share price return of down 37.18%. The 3 year total shareholder return remains positive at 87.65%. If you are following Coinbase Global’s move into more complex trading products, it can also be useful to see what else is shaping crypto related markets and check out 19 cryptocurrency and blockchain stocks With Coinbase Global expanding into UK derivatives while reporting recent losses and a weaker share price, the key issue is whether investors are still early in the story or already paying for the bulk of what is on the table. Most Popular Narrative: 39.9% Undervalued According to one widely followed narrative, Coinbase Global's fair value of $247.39 sits well above the last close of $148.58. This frames the UK derivatives launch in a very different light for long term investors.  I think Coinbase is best understood as a leveraged bet on long-term crypto adoption, rather than a normal operating business with smooth, predictable growth. What matters most is not whether next year looks clean, but whether crypto becomes a meaningfully larger asset class over time. If that happens, Coinbase should benefit through higher trading activity, higher asset values on the platform, and growth in its custody and subscription businesses.  Read the complete narrative. Want to see what sits behind that $247.39 fair value for Coinbase Global? The key ingredients are growth in revenue, margins and a future earnings multiple that assumes a much larger business than today. Curious which of those drivers carries the most weight in the narrative and how sensitive the valuation is to small changes in the cycle assumptions. Result: Fair Value of $247.39 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this Coinbase Global narrative could be challenged if crypto activity weakens again or if tighter regulation limits growth in higher margin products such as derivatives. Find out about the key risks to this Coinbase Global narrative. Another view on Coinbase Global’s value The user narrative argues Coinbase Global looks undervalued at a fair value of $247.39, yet our DCF model tells a very different story. On that view, the current share price of $148.58 sits well above an estimated future cash flow value of $14.29, which points to an overvalued stock. Which set of assumptions do you trust more? Look into how the SWS DCF model arrives at its fair value. COIN Discounted Cash Flow as at Aug 2026Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Coinbase Global for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 49 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. Next Steps With Coinbase Global pulling in both bullish and cautious views, it helps to look past the headlines and focus on the underlying data yourself. Take a closer look at what sits behind those positive expectations by checking the 1 key reward. Looking for more investment ideas beyond Coinbase Global? If you want to stress test your view on Coinbase Global and broaden your opportunity set, use the Simply Wall Street Screener to compare it with other stocks.  Target potential mispricing by reviewing stocks highlighted in the 49 high quality undervalued stocks that may offer a different balance of quality and price to Coinbase Global. Prioritise resilience by scanning the 85 resilient stocks with low risk scores for companies with lower overall risk scores that could complement higher volatility holdings. Hunt for fresh opportunities by checking the screener containing 20 high quality undiscovered gems and see which under-the-radar stocks fit the kind of profile you want next.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n        and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n        financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n        Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n        Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658926550","isCrawlerRequest":true}