Coinbase Global Inc.'s stock dropped 3.79% to $343.47 in pre-market trading on October 14, 2025, as investors anticipate the company's third-quarter earnings report set for October 30. Despite a 43.8% increase in stock value since the beginning of the year, Coinbase's forward P/E ratio of 56.69 remains significantly above the industry average of 23.82. Analysts are keen to see if the upcoming earnings will support this high valuation. The company plans to host a Q&A session with its management team on the same day as the earnings release.