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Reviewing Coinbase Global (NASDAQ:COIN) & 10X Capital Venture Acquisition Corp. II (NASDAQ:VCXA)

Defense World ·  Oct 26, 2022 01:42

10X Capital Venture Acquisition Corp. II (NASDAQ:VCXA – Get Rating) and Coinbase Global (NASDAQ:COIN – Get Rating) are both business services companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, institutional ownership, valuation, risk and dividends.

Earnings & Valuation

This table compares 10X Capital Venture Acquisition Corp. II and Coinbase Global's gross revenue, earnings per share and valuation.

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Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
10X Capital Venture Acquisition Corp. II N/A N/A -$1.54 million N/A N/A
Coinbase Global $7.84 billion 2.10 $3.62 billion ($2.02) -37.15

Coinbase Global has higher revenue and earnings than 10X Capital Venture Acquisition Corp. II.

Profitability

This table compares 10X Capital Venture Acquisition Corp. II and Coinbase Global's net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets
10X Capital Venture Acquisition Corp. II N/A N/A N/A
Coinbase Global -4.79% -4.61% -0.67%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for 10X Capital Venture Acquisition Corp. II and Coinbase Global, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
10X Capital Venture Acquisition Corp. II 0 0 0 0 N/A
Coinbase Global 3 6 15 0 2.50

Coinbase Global has a consensus price target of $149.55, suggesting a potential upside of 99.26%. Given Coinbase Global's higher probable upside, analysts plainly believe Coinbase Global is more favorable than 10X Capital Venture Acquisition Corp. II.

Institutional & Insider Ownership

60.5% of 10X Capital Venture Acquisition Corp. II shares are held by institutional investors. Comparatively, 49.3% of Coinbase Global shares are held by institutional investors. 21.2% of 10X Capital Venture Acquisition Corp. II shares are held by company insiders. Comparatively, 36.1% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Coinbase Global beats 10X Capital Venture Acquisition Corp. II on 5 of the 9 factors compared between the two stocks.

About 10X Capital Venture Acquisition Corp. II

(Get Rating)

10X Capital Venture Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on identifying technology and tech-enabled businesses in the consumer internet, ecommerce, software, healthcare, transportation/mobility, and financial services industries, as well as other industries that are being disrupted by advances in technology and on technology paradigms, including artificial intelligence automation, data science, ecommerce, and software-as-a-service. 10X Capital Venture Acquisition Corp. II was incorporated in 2021 and is based in New York, New York.

About Coinbase Global

(Get Rating)

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

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