Would You Still Hold Coinbase Global Stock If It Fell Another 30%?
Coinbase Global (COIN) stock is down 15.1% in 21 trading days. The recent slide reflects heightened regulatory scrutiny and stablecoin revenue vulnerability, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?
Before judging its downturn reslience, let’s look at where Coinbase Global stands today.
- Size: Coinbase Global is a $59 Bil company with $7.0 Bil in revenue currently trading at $231.60.
- Fundamentals: Last 12 month revenue growth of 48.6% and operating margin of 27.0%.
- Liquidity: Has Debt to Equity ratio of 0.07 and Cash to Assets ratio of 0.41
- Valuation: Coinbase Global stock is currently trading at P/E multiple of 20.7 and P/EBIT multiple of 16.6
- Has returned (median) -19.1% within a year following sharp dips since 2010. See COIN Dip Buy Analysis.
These metrics point to a Strong operational performance, alongside High valuation – making the stock Fairly Priced. For details, see Buy or Sell COIN Stock
That brings us to the key consideration for investors worried about this fall: how resilient is COIN stock if markets turn south? This is where our downturn resilience framework comes in. Suppose COIN stock falls another 20-30% to $162 – can investors comfortably hold on? Turns out, the stock has fared much worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.
2022 Inflation Shock
- COIN stock fell 90.9% from a high of $357.39 on 9 November 2021 to $32.53 on 28 December 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 26 June 2025
- Since then, the stock increased to a high of $419.78 on 20 July 2025 , and currently trades at $231.60
| COIN | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -90.9% | -25.4% |
| Time to Full Recovery | 911 days | 464 days |
Feeling jittery about COIN stock? Consider portfolio approach.
Portfolios Win When Stock Picks Fall Short
Single stocks swing wildly but staying invested matters. A well built portfolio keeps you invested, captures upside and softens the blows from individual stocks
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.