Coinbase (Nasdaq: COIN) stock closed at roughly $148 on Friday, August 7, 2026, its most recent session; the U.S. stock market is closed over the weekend. Shares are trading near the bottom o
Coinbase (Nasdaq: COIN) stock closed at roughly $148 on Friday, August 7, 2026, its most recent session; the U.S. stock market is closed over the weekend.
Shares are trading near the bottom of their 52-week range and remain far below the highs they set last year, as a broad crypto market downturn weighs on the largest U.S. exchange's revenue outlook.
Coinbase Stock Price
Coinbase stock price (COIN)
$148
Market capitalization
$40 billion
52-week high
$402.16
52-week low
$139.11
Exchange
Nasdaq: COIN
The key company news came from the courts. On August 7, a federal judge in Michigan rejected Coinbase's bid to block state enforcement of its planned sports event contracts, memorably calling the exchange's legal argument "applesauce."
Coinbase had argued that prediction-market contracts offered through its partnership with Kalshi fall under federal commodities law and the CFTC's exclusive jurisdiction, not state gambling rules. The ruling is a setback for Coinbase's push into prediction markets, a fast-growing area it is counting on for new revenue.
The broader backdrop matters too. Coinbase's results are closely tied to crypto prices and trading volumes, and with Bitcoin well off its highs and the wider market down sharply this year, investors have marked the stock down toward its 52-week low. A weak U.S. jobs report on Friday, which cooled Federal Reserve rate-hike expectations, offered some support to risk assets broadly.
As of the last close on August 7, 2026, Coinbase (COIN) traded around $148 per share, near the low end of its 52-week range of $139.11 to $402.16. Because the stock market does not trade on weekends, this weekend reference reflects Friday's closing price; the next update will come when markets reopen.
Coinbase's market capitalization is roughly $40 billion. Market cap for a stock is calculated by multiplying the share price by the number of shares outstanding, so it moves with COIN's price throughout each trading day.
Coinbase Global, Inc. is the largest cryptocurrency exchange in the United States, offering trading, custody, staking and other services to retail and institutional customers.
Founded in 2012, it went public through a direct listing on the Nasdaq in April 2021 under the ticker COIN. Because much of its revenue comes from trading fees, Coinbase's stock tends to rise and fall with Bitcoin and overall crypto market activity.
Disclaimer: This article is for informational purposes only and is not investment, financial, or tax advice, or a recommendation to buy or sell any security. Prices are accurate only as of the time of writing and can change without notice. Stocks and cryptocurrencies are volatile and can result in loss of capital — do your own research and consult a licensed professional before investing.
