Coinbase Global, Inc. · COIN · FY2025 Q3 · Calendar Q4 2025
Coinbase growth broadens, while Q4 expense growth raises execution risk
The supplied analysis supports a constructive but conditional growth thesis: Coinbase is broadening demand across spot trading, derivatives, stablecoin payments and new products, but the next phase depends on execution, integration and expense control.
Earnings scorecard
Reported versus consensusMarket reaction
event-close to next-session closeAsk FN2 about COIN FY2025 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior analysis, Coinbase added the completed Deribit acquisition and Echo acquisition, expanded U.S. tradable assets through DEX connections, launched U.S. CFTC-regulated perpetual futures, and introduced further stablecoin-payment initiatives. The outlook now emphasizes continued revenue momentum alongside higher Q4 operating expenses.
Guidance delta
Management maintained a constructive outlook while pointing to about $100 million of higher Q4 operating expenses from headcount and acquisitions.
Key takeaways
- Management described strong Q3 revenue growth driven by spot and derivatives volumes.
- Deribit contributed after closing, while Echo expands crypto capital-formation services.
- USDC holdings and payments adoption support the broader Everything Exchange strategy.
- The Q4 outlook pairs continued revenue momentum with materially higher operating expenses.
- The growth case remains tied to institutional demand, new products, and crypto-market activity.
Management priorities
- Expand the Everything Exchange through DEX integrations and new asset classes
- Scale USDC payment APIs and merchant adoption
- Integrate Deribit options and cross-margining capabilities
- Develop Base token and sequencer-fee monetization
- Expand Echo capital-formation services
Follow COIN with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 1, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Baird | Neutral | Neutral | Maintain | Sep 28, 2026 |
| BTIG | Buy | Buy | Maintain | Sep 16, 2026 |
| Compass Point | Neutral | Sell | Upgrade | Sep 14, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Sep 9, 2026 |
| Argus Research | Hold | Hold | Maintain | Aug 26, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Aug 3, 2026 |
| Rosenblatt | Buy | Buy | Maintain | Jul 31, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 31, 2026 |
| Needham | Buy | Buy | Maintain | Jul 31, 2026 |
| HC Wainwright & Co. | Buy | Buy | Maintain | Jul 31, 2026 |
| Canaccord Genuity | Buy | Buy | Maintain | Jul 31, 2026 |
| Benchmark | Buy | Buy | Maintain | Jul 31, 2026 |
| Barclays | Underweight | Underweight | Maintain | Jul 31, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 23, 2026 |
| Citizens | Market Outperform | Market Outperform | Maintain | Jul 9, 2026 |
| B. Riley Securities | Neutral | Neutral | Maintain | Jun 1, 2026 |
| Mizuho | Neutral | Neutral | Maintain | May 12, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | May 8, 2026 |
| Bernstein | Outperform | Outperform | Maintain | Mar 30, 2026 |
| B of A Securities | Buy | Neutral | Upgrade | Jan 8, 2026 |
| Monness, Crespi, Hardt | Buy | Neutral | Upgrade | Nov 10, 2025 |
| Rothschild & Co | Buy | Neutral | Upgrade | Oct 3, 2025 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Aug 4, 2025 |
| Jefferies | Hold | Hold | Maintain | Jul 29, 2025 |
| JMP Securities | Market Outperform | Market Outperform | Maintain | Jul 14, 2025 |
| Wedbush | Outperform | Outperform | Maintain | May 3, 2024 |
| Raymond James | Market Perform | Underperform | Upgrade | Mar 12, 2024 |
| Atlantic Equities | Neutral | Overweight | Downgrade | Jul 12, 2023 |
| Berenberg | Hold | Hold | Maintain | May 16, 2023 |
| Daiwa Capital | Buy | Hold | Upgrade | May 8, 2023 |
| Wells Fargo | Underweight | Underweight | Maintain | May 5, 2023 |
| TD Cowen | Underperform | Market Perform | Downgrade | Mar 24, 2023 |
| US Tiger Securities, Inc | Buy | Hold | Upgrade | Mar 20, 2023 |
| DA Davidson | Neutral | Buy | Downgrade | Feb 16, 2023 |
| Cowen & Co. | Market Perform | Outperform | Downgrade | Jan 5, 2023 |
| Redburn Partners | Neutral | Buy | Downgrade | Jun 23, 2022 |
| MoffettNathanson | Buy | Buy | Maintain | May 24, 2022 |
Named analyst price targets
Upside is calculated against the persisted current price $186.41. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Robert W. Baird | Analyst unavailable | $205 | $195.11 | +10.0% | Sep 28, 2026 |
| Compass Point | Ed Engel | $177 | $175.26 | -5.0% | Sep 14, 2026 |
| Morgan Stanley | Michael Cyprys | $250 | $174.72 | +34.1% | Sep 10, 2026 |
| Goldman Sachs | Analyst unavailable | $219 | $178.94 | +17.5% | Sep 9, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $212 | $177.67 | +13.7% | Aug 31, 2026 |
| Goldman Sachs | James Yaro | $196 | $179.48 | +5.1% | Aug 25, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $184 | $145.11 | -1.3% | Aug 3, 2026 |
| Mizuho Securities | Dan Dolev | $155 | $141.76 | -16.8% | Jul 31, 2026 |
| UBS | Analyst unavailable | $155 | $140.51 | -16.8% | Jul 31, 2026 |
| Piper Sandler | Analyst unavailable | $146 | $163.58 | -21.7% | Jul 31, 2026 |
| Needham | John Todaro | $177 | $163.58 | -5.0% | Jul 31, 2026 |
| Robert W. Baird | Robert Bamberger | $130 | $140 | -30.3% | Jul 31, 2026 |
| Goldman Sachs | Analyst unavailable | $173 | $163.58 | -7.2% | Jul 31, 2026 |
| H.C. Wainwright | Mike Colonnese | $265 | $163.58 | +42.2% | Jul 31, 2026 |
| Bernstein | Gautam Chhugani | $330 | $163.58 | +77.0% | Jul 31, 2026 |
| BTIG | Analyst unavailable | $240 | $163.58 | +28.7% | Jul 31, 2026 |
| Barclays | Benjamin Budish | $95 | $163.58 | -49.0% | Jul 31, 2026 |
| UBS | Analyst unavailable | $235 | $166.12 | +26.1% | Jul 23, 2026 |
| Oppenheimer | Analyst unavailable | $209 | $167.21 | +12.1% | Jul 16, 2026 |
| Piper Sandler | Patrick Moley | $155 | $161.5 | -16.8% | Jul 15, 2026 |
| BTIG | Analyst unavailable | $260 | $159.07 | +39.5% | Jul 13, 2026 |
| Wolfe Research | Analyst unavailable | $325 | $159.36 | +74.3% | Jul 9, 2026 |
| US Tiger Securities | Analyst unavailable | $200 | $167.26 | +7.3% | Jul 7, 2026 |
| Coker Palmer | Mark Palmer | $270 | $169.87 | +44.8% | Jun 17, 2026 |
| Deutsche Bank | Brian Bedell | $208 | $169.49 | +11.6% | Jun 17, 2026 |
| Robert W. Baird | Robert Bamberger | $142 | $164.13 | -23.8% | Jun 5, 2026 |
| B.Riley Financial | Hal Goetsch | $203 | $181.36 | +8.9% | Jun 1, 2026 |
| Mizuho Securities | Analyst unavailable | $200 | $216.6 | +7.3% | May 12, 2026 |
| Robert W. Baird | Analyst unavailable | $160 | $201.16 | -14.2% | May 11, 2026 |
| H.C. Wainwright | Analyst unavailable | $310 | $196.2 | +66.3% | May 8, 2026 |
| Monness | Analyst unavailable | $110 | $189.92 | -41.0% | May 8, 2026 |
| Wedbush | Analyst unavailable | $224 | $190.66 | +20.2% | May 8, 2026 |
| Piper Sandler | Analyst unavailable | $170 | $192.96 | -8.8% | May 8, 2026 |
| Barclays | Analyst unavailable | $107 | $192.96 | -42.6% | May 8, 2026 |
| Coker Palmer | Mark Palmer | $260 | $193.74 | +39.5% | May 6, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $250 | $209.35 | +34.1% | Apr 21, 2026 |
| Mizuho Securities | Dan Dolev | $170 | $164.32 | -8.8% | Feb 17, 2026 |
| UBS | Analyst unavailable | $264 | $166.36 | +41.6% | Feb 13, 2026 |
| Robert W. Baird | Analyst unavailable | $165 | $165.38 | -11.5% | Feb 13, 2026 |
| Needham | Analyst unavailable | $230 | $161.45 | +23.4% | Feb 13, 2026 |
| Deutsche Bank | Analyst unavailable | $250 | $159 | +34.1% | Feb 13, 2026 |
| Piper Sandler | Analyst unavailable | $150 | $141.09 | -19.5% | Feb 13, 2026 |
| Canaccord Genuity | Joseph Vafi | $300 | $141.09 | +60.9% | Feb 13, 2026 |
| Barclays | Analyst unavailable | $148 | $141.09 | -20.6% | Feb 13, 2026 |
| BTIG | Andrew Harte | $280 | $141.09 | +50.2% | Feb 13, 2026 |
| Monness | Gus Gala | $120 | $153.2 | -35.6% | Feb 12, 2026 |
| H.C. Wainwright | Analyst unavailable | $350 | $150.33 | +87.8% | Feb 11, 2026 |
| BTIG | Analyst unavailable | $340 | $168.62 | +82.4% | Feb 5, 2026 |
| Robert W. Baird | Robert Bamberger | $240 | $210.83 | +28.7% | Jan 27, 2026 |
| Piper Sandler | Analyst unavailable | $270 | $252.69 | +44.8% | Jan 14, 2026 |
| Barclays | Analyst unavailable | $258 | $245.93 | +38.4% | Jan 8, 2026 |
| Bernstein | Gautam Chhugani | $440 | $256.07 | +136.0% | Jan 6, 2026 |
| Goldman Sachs | Analyst unavailable | $303 | $236.53 | +62.5% | Jan 5, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $320 | $248.79 | +71.7% | Dec 18, 2025 |
| Goldman Sachs | James Yaro | $294 | $244.19 | +57.7% | Dec 18, 2025 |
| UBS | Analyst unavailable | $340 | $252.61 | +82.4% | Dec 17, 2025 |
| Deutsche Bank | Analyst unavailable | $340 | $252.61 | +82.4% | Dec 17, 2025 |
| Mizuho Securities | Analyst unavailable | $280 | $250.48 | +50.2% | Dec 16, 2025 |
| Compass Point | Analyst unavailable | $230 | $267.52 | +23.4% | Dec 15, 2025 |
| Barclays | Analyst unavailable | $291 | $269.02 | +56.1% | Dec 12, 2025 |
| Goldman Sachs | Analyst unavailable | $314 | $238.16 | +68.4% | Nov 21, 2025 |
| Monness | Gus Galá | $375 | $317.21 | +101.2% | Nov 10, 2025 |
| Mizuho Securities | Dan Dolev | $320 | $343.78 | +71.7% | Nov 3, 2025 |
| Coker Palmer | Mark Palmer | $421 | $348.88 | +125.8% | Oct 31, 2025 |
| Cantor Fitzgerald | Analyst unavailable | $459 | $336.25 | +146.2% | Oct 31, 2025 |
| BTIG | Andrew Harte | $420 | $328.51 | +125.3% | Oct 31, 2025 |
| Barclays | Benjamin Budish | $357 | $328.51 | +91.5% | Oct 31, 2025 |
| H.C. Wainwright | Analyst unavailable | $425 | $348.61 | +128.0% | Oct 30, 2025 |
| Jefferies | Daniel Fannon | $384 | $355.22 | +106.0% | Oct 29, 2025 |
| UBS | Analyst unavailable | $404 | $345.33 | +116.7% | Oct 24, 2025 |
| Compass Point | Analyst unavailable | $277 | $342.24 | +48.6% | Oct 20, 2025 |
| Barclays | Analyst unavailable | $361 | $375.78 | +93.7% | Oct 8, 2025 |
| Redburn Partners | Analyst unavailable | $417 | $372.07 | +123.7% | Oct 3, 2025 |
| BTIG | Analyst unavailable | $410 | $337.49 | +119.9% | Oct 1, 2025 |
| Mizuho Securities | Dan Dolev | $300 | $343.13 | +60.9% | Sep 18, 2025 |
| Williams Trading | Trevor Williams | $405 | $381.1 | +117.3% | Jul 31, 2025 |
| Argus Research | Kevin Heal | $400 | $394.01 | +114.6% | Jul 14, 2025 |
| Bernstein | Gautam Chhugani | $510 | $355.37 | +173.6% | Jun 25, 2025 |
| Oppenheimer | Owen Lau | $293 | $244.44 | +57.2% | May 15, 2025 |
| JMP Securities | Devin Ryan | $400 | $208.06 | +114.6% | May 8, 2025 |
| Mizuho Securities | Analyst unavailable | $217 | $191.69 | +16.4% | Mar 11, 2025 |
| Monness | Analyst unavailable | $420 | $274.31 | +125.3% | Feb 18, 2025 |
| Needham | John Todaro | $290 | $211.74 | +55.6% | Oct 31, 2024 |
| H.C. Wainwright | Mike Colonnese | $295 | $220.74 | +58.3% | Oct 29, 2024 |
| Monness | Gus Galá | $245 | $214.17 | +31.4% | Oct 28, 2024 |
| B.Riley Financial | Hal Goetsch | $185 | $210.72 | -0.8% | Oct 23, 2024 |
| US Tiger Securities | Bo Pei | $380 | $210.48 | +103.9% | Oct 16, 2024 |
| Barclays | Benjamin Budish | $169 | $159.7 | -9.3% | Sep 6, 2024 |
| Jefferies | Trevor Williams | $220 | $197.66 | +18.0% | Aug 21, 2024 |
| Piper Sandler | Patrick Moley | $245 | $204.5 | +31.4% | Aug 2, 2024 |
| Citigroup | Peter Christiansen | $345 | $267.19 | +85.1% | Jul 23, 2024 |
| Deutsche Bank | Lauren Silberman | $295 | $257.79 | +58.3% | Jul 22, 2024 |
| Morgan Stanley | Brian Harbour Analyst Firm | $175 | $219.55 | -6.1% | Jun 24, 2024 |
| Oppenheimer | Owen Lau | $282 | $228.85 | +51.3% | May 3, 2024 |
| Canaccord Genuity | Joseph Vafi | $280 | $228.85 | +50.2% | May 3, 2024 |
| Compass Point | Joe Flynn | $325 | $218.83 | +74.3% | Apr 17, 2024 |
| Mizuho Securities | Dan Dolev | $145 | $263.01 | -22.2% | Apr 12, 2024 |
| JMP Securities | Devin Ryan | $320 | $256.99 | +71.7% | Apr 9, 2024 |
| Barclays | Benjamin Budish | $179 | $240.9 | -4.0% | Apr 8, 2024 |
| Oppenheimer | Owen Lau | $276 | $251.58 | +48.1% | Apr 4, 2024 |
| JMP Securities | Devin Ryan | $300 | $258.91 | +60.9% | Mar 22, 2024 |
| Goldman Sachs | Will Nance | $282 | $257.2 | +51.3% | Mar 8, 2024 |
| Oppenheimer | Owen Lau | $200 | $180.31 | +7.3% | Feb 16, 2024 |
| Oppenheimer | Owen Lau | $160 | $125.2 | -14.2% | Jan 26, 2024 |
| Wedbush | Moshe Katri | $180 | $141.06 | -3.4% | Jan 11, 2024 |
| Needham | John Todaro | $160 | $149.94 | -14.2% | Dec 13, 2023 |
| Mizuho Securities | Dan Dolev | $31 | $92.92 | -83.4% | Nov 10, 2023 |
| Wedbush | Moshe Katri | $110 | $89 | -41.0% | Nov 7, 2023 |
| JMP Securities | Devin Ryan | $107 | $75.56 | -42.6% | Aug 17, 2023 |
| Canaccord Genuity | Joseph Vafi | $140 | $89.14 | -24.9% | Aug 4, 2023 |
| Mizuho Securities | Dan Dolev | $27 | $54.25 | -85.5% | Jun 15, 2023 |
| Atlantic Equities | Simon Clinch | $70 | $60.21 | -62.4% | May 30, 2023 |
| Daiwa | Steven Nie | $65 | $56.85 | -65.1% | May 8, 2023 |
| Needham | Daniel Lehmann | $70 | $57.51 | -62.4% | May 5, 2023 |
| Oppenheimer | Owen Lau | $84 | $64.92 | -54.9% | Mar 23, 2023 |
| Mizuho Securities | Dan Dolev | $30 | $59.79 | -83.9% | Mar 13, 2023 |
| JMP Securities | Devin Ryan | $80 | $59.21 | -57.1% | Feb 22, 2023 |
| Telsey Advisory | Joseph Feldman | $180 | $65.2 | -3.4% | Feb 22, 2023 |
| Compass Point | Chris Allen | $100 | $61.96 | -46.4% | Feb 17, 2023 |
| Barclays | Analyst unavailable | $45 | $44.2 | -75.9% | Jan 12, 2023 |
| D.A. Davidson | Analyst unavailable | $55 | $43.59 | -70.5% | Jan 11, 2023 |
| Wells Fargo | Analyst unavailable | $33 | $38.53 | -82.3% | Jan 9, 2023 |
| Goldman Sachs | Analyst unavailable | $30 | $35.89 | -83.9% | Jan 9, 2023 |
| Jefferies | Analyst unavailable | $35 | $33.26 | -81.2% | Jan 9, 2023 |
| Barclays | Analyst unavailable | $37 | $36.6 | -80.2% | Dec 19, 2022 |
| Piper Sandler | Analyst unavailable | $75 | $36.6 | -59.8% | Dec 19, 2022 |
| Atlantic Equities | Analyst unavailable | $46 | $47.67 | -75.3% | Dec 5, 2022 |
| Needham | Needham Needham | $73 | $43.56 | -60.8% | Nov 29, 2022 |
| Barclays | Benjamin Budish | $44 | $43.06 | -76.4% | Nov 22, 2022 |
| D.A. Davidson | Analyst unavailable | $70 | $48.81 | -62.4% | Nov 16, 2022 |
| Goldman Sachs | Analyst unavailable | $41 | $54.12 | -78.0% | Nov 14, 2022 |
| Needham | John Todaro | $89 | $57.1 | -52.3% | Nov 4, 2022 |
| Compass Point | Analyst unavailable | $75 | $75.05 | -59.8% | Oct 26, 2022 |
| Wells Fargo | Jeff Cantwell | $57 | $67.31 | -69.4% | Sep 29, 2022 |
| JMP Securities | Devin Ryan | $195 | $91.3 | +4.6% | Aug 10, 2022 |
| D.A. Davidson | Christopher Brendler | $90 | $70.82 | -51.7% | Jul 25, 2022 |
| Mizuho Securities | Dan Dolev | $42 | $53.42 | -77.5% | Jul 15, 2022 |
| Atlantic Equities | Simon Clinch | $35 | $54.98 | -81.2% | Jul 6, 2022 |
| Goldman Sachs | Will Nance | $45 | $56.68 | -75.9% | Jun 27, 2022 |
| Piper Sandler | Richard Repetto | $120 | $51.22 | -35.6% | Jun 21, 2022 |
| Mizuho Securities | Dan Dolev | $60 | $66.15 | -67.8% | May 22, 2022 |
| Goldman Sachs | Will Nance | $80 | $70 | -57.1% | May 17, 2022 |
| Piper Sandler | Richard Repetto | $180 | $72.61 | -3.4% | May 13, 2022 |
| Wedbush | Moshe Katri | $160 | $114.08 | -14.2% | May 5, 2022 |
| Daiwa | Carlton Lai | $230 | $132.35 | +23.4% | Apr 22, 2022 |
| Oppenheimer | Owen Lau | $314 | $148.53 | +68.4% | Apr 19, 2022 |
| Mizuho Securities | Dan Dolev | $150 | $147.29 | -19.5% | Apr 16, 2022 |
| JMP Securities | Devin Ryan | $394 | $160.94 | +111.4% | Apr 10, 2022 |
| Mizuho Securities | Dan Dolev | $190 | $160.94 | +1.9% | Apr 9, 2022 |
| Citigroup | Peter Christiansen | $275 | $201.41 | +47.5% | Mar 28, 2022 |
| Oppenheimer | Owen Lau | $377 | $177.22 | +102.2% | Mar 17, 2022 |
| Compass Point | Chris Allen | $200 | $165.75 | +7.3% | Mar 5, 2022 |
| Goldman Sachs | Will Nance | $250 | $176.83 | +34.1% | Feb 26, 2022 |
| BTIG | Mark Palmer | $500 | $176.83 | +168.2% | Feb 25, 2022 |
| Canaccord Genuity | Joseph Vafi | $275 | $176.83 | +47.5% | Feb 25, 2022 |
| Piper Sandler | Richard Repetto | $360 | $176.83 | +93.1% | Feb 25, 2022 |
| Rosenblatt Securities | Sean Horgan | $262 | $176.83 | +40.6% | Feb 25, 2022 |
| J.P. Morgan | Ken Worthington | $345 | $172.74 | +85.1% | Feb 23, 2022 |
| D.A. Davidson | Chris Brendler | $275 | $172.74 | +47.5% | Feb 23, 2022 |
| Mizuho Securities | Dan Dolev | $220 | $185.63 | +18.0% | Jan 25, 2022 |
| Citigroup | Peter Christiansen | $300 | $191.97 | +60.9% | Jan 22, 2022 |
| Bank of America Securities | Jason Kupferberg | $340 | $234 | +82.4% | Jan 6, 2022 |
| MoffettNathanson | Lisa Elis | $600 | $328.6 | +221.9% | Nov 10, 2021 |
| Wedbush | Moshe Katri | $380 | $357.39 | +103.9% | Nov 9, 2021 |
| Autonomous Research | Christian Bolu | $160 | $246.78 | -14.2% | Oct 13, 2021 |
| KBW | Kyle Voigt | $275 | $278.4 | +47.5% | Aug 11, 2021 |
| Loop Capital Markets | Kenneth Hill | $398 | $258.37 | +113.5% | May 14, 2021 |
| Bernstein | Harshita Rawat | $250 | $302 | +34.1% | Apr 27, 2021 |
Track every rating change on COIN the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationCoinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.
Historical context
All COIN earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PUK Prudential plc | FY2026 Q2 · Calendar Q3 2026 | -40.9% | -0.5% | Prudential sustains growth and capital returns focus in H1 2026 |
| CM Canadian Imperial Bank of Commerce | FY2026 Q3 · Calendar Q3 2026 | +8.9% | -2.8% | CIBC Q3: Broad growth, resilient credit and expanded AI rollout |
| TD The Toronto-Dominion Bank | FY2026 Q3 · Calendar Q3 2026 | +13.8% | +1.4% | TD emphasizes growth investments alongside disciplined capital management |
| RY Royal Bank of Canada | FY2026 Q3 · Calendar Q3 2026 | +6.2% | -1.3% | RBC reports record Q3 earnings while investing for growth |
| AFRM Affirm Holdings, Inc. | FY2026 Q4 · Calendar Q3 2026 | +1230.3% | +0.3% | Affirm's most profitable quarter shifts focus to product execution |
Latest beats and misses
Who reports nextBeat on EPS
- CCLFY2026 Q3 · September 29, 2026+5.9% EPS+13.4% move
- COSTFY2026 Q4 · September 24, 2026+3.2% EPS+2.9% move
- SNXFY2026 Q3 · September 24, 2026+20.9% EPS-9.9% move
- DRIFY2027 Q1 · September 24, 20260.0% EPS-3.0% move
- CTASFY2027 Q1 · September 23, 2026+3.0% EPS-3.4% move
- PAYXFY2027 Q1 · September 23, 2026+1.5% EPS-8.8% move
Get the COIN recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-10-01T04:16:08.184703+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-01T04:16:08.181857+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-01. For educational purposes only; not investment advice.