Coinbase’s stock is up over 40% this month as Wall Street projects amazing profit growth

Deep Dive

The cryptocurrency-trading platform is expected to put up big numbers through 2027 at least

Published: June 27, 2025 at 2:54 p.m. ET

Through Thursday, shares of Coinbase Global Inc. had risen nearly 45% in June. It might seem at first to be an expensive stock, but consensus estimates make the case that committed investors may be well rewarded several years from now.

One reason Coinbase COIN has soared this month is that the stock was added to the S&P 500 SPX in May. This means index funds such as the $630 billion SPDR S&P 500 Trust SPY and the $1.4 trillion Vanguard S&P 500 ETF VOO have been buying the shares.