Former payments sell side analyst explains why Wall Street keeps getting Coinbase earnings wrong

Quick Take

  • Ryan Todd breaks down the systemic biases and structural dynamics that lead Wall Street to regularly undervalue Coinbase’s financial achievements.

Episode 7 of Season 6 of The Scoop was recorded with Frank Chaparro, and Ryan Todd.

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In this episode of The Scoop, Frank Chaparro and former Deutsche Bank payment analyst Ryan Todd delve into Coinbase's financial performance for the fourth quarter.

Todd, a former payments analyst at Deutsche Bank, offers an in-depth analysis of why Wall Street regularly underestimates Coinbase's earnings. He sheds light on the structural factors leading to consistent earnings outperformance, not only by Coinbase but also by major tech companies overall.


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About Author

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.

Editor

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