Block shares fell 3% after Morgan Stanley downgraded the stock to Equal Weight and lowered its price target, citing concerns over a slowdown in Cash App Borrow loan growth and potential credit losses. Analysts are closely watching Block's upcoming Q3 earnings report on November 3rd for signs of slowing loss growth. Despite these concerns, the article suggests the stock's current valuation already reflects significant doubt.
Original sourceCOINNASDAQFinancial Services
COINBASE GLOBAL INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$143.54
-10.62%
Yahoo Finance · 10/30/2026
Industry: Financial Data & Stock ExchangesCategory: Domestic Common StockCurrency: USDNews: 1 recent
Analyze COIN free One-year price history
Adjusted daily closes · 252 observations · as of Oct 30, 2026
1 month
-24.2%
3 months
-2.0%
6 months
-24.9%
1 year
-56.3%
Year to date
-36.5%
52-week range
$141.09 – $343.78
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$37.54B
P/E
-53.5
P/B
2.7
P/S
6.7
Revenue
$5.63B
Net income
-$701.62M
Diluted EPS
-2.74
Gross margin
85.80%
Net margin
-12.50%
Return on equity
-5.10%
Total debt
$6.7B
Cash
$8.69B
Free cash flow
$3.85B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $1.22B | $718.7M | 84.00% | 59.10% | $405.46M |
| Jun 30, 2026 | $1.22B | -$359.47M | 84.40% | -29.50% | $197.31M |
| Mar 31, 2026 | $1.41B | -$394.12M | 86.10% | -27.90% | $182.74M |
| Dec 31, 2025 | $1.78B | -$666.73M | 87.70% | -37.40% | $3.07B |
| Sep 30, 2025 | $1.87B | $432.55M | 86.40% | 23.10% | -$784.52M |
| Jun 30, 2025 | $1.5B | $1.43B | 83.60% | 95.40% | $328.47M |
| Mar 31, 2025 | $2.03B | $65.61M | 85.10% | 3.20% | -$182.73M |
| Dec 31, 2024 | $2.27B | $1.29B | 86.00% | 56.80% | $964.62M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent COIN news
All market newsYahoo Finance·72 signal
Block Sinks 3% as Morgan Stanley Downgrade Warns “Bullish Expectations” Raise Risk Ahead of Q3