Group 1 - Coinbase Global, Inc. is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating a strong earnings outlook [3] - Year-to-date, Coinbase Global, Inc. has achieved a return of approximately 43.6%, significantly outperforming the average return of 3.3% for the Finance sector [6] - The Zacks Consensus Estimate for Coinbase's full-year earnings has increased by 226.9% over the past 90 days, reflecting improved analyst sentiment [9] Group 2 - Coinbase Global, Inc. is part of the Securities and Exchanges industry, which is currently ranked 92 in the Zacks Industry Rank, with an average return of 6.2% this year [4] - In comparison, BGC Group, another stock in the Finance sector, has a year-to-date return of 12.9% and is part of the Financial - Investment Bank industry, which has moved +14.3% this year [5][4] - Investors should continue to monitor both Coinbase Global, Inc. and BGC Group for their potential to maintain solid performance in the Finance sector [8]
Is Coinbase Global (COIN) Stock Outpacing Its Finance Peers This Year?