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CSHRCoinShares PLCSell4.6·$5.92
SellModerate Confidence
Investment thesis

CoinShares screens as deeply undervalued with strong ROE and margins, but a 32% revenue decline, a severe earnings-quality red flag, and a confirmed technical downtrend from a 71% drawdown keep the setup speculative and risk-laden.

Thesis pillars

  • Margin Of Safety ValuationDeteriorating
  • Roe Quality StrengthDeteriorating
  • Revenue Decline RiskStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

CoinShares PLC (CSHR) Stock Analysis

Recovery setup · Inst Constrain edge

SellValueQualityModerate Confidence

Financial Services · Capital Markets

Sell if holding. Engine safety override at $5.92: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 1.9:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 16.00; Below-average business quality; Below long-term trend.

CoinShares PLC engages in the creating financial products with digital assets and blockchain technology business in Jersey. It operates through three segments: Asset Management, Capital Markets, and Principal Investments. The company offers CoinShares Physical, CoinShares... Read more

$5.92+29.2% A.UpsideScore 4.6/10#46 of 50 Capital Markets
QualityF-score5 / 9FCF yield-215.75%
IncomeYield10.65%Payout58.44%sustainable
Stop $5.51Target $7.65(analyst − 15%)A.R:R 1.9:1
Analyst target$9.00+52.0%1 analysts
Range unavailable (1 analysts)

Sell if holding. Engine safety override at $5.92: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 1.9:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 16.00; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 54. Score 4.6/10, moderate confidence.

Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 41d clear, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-23
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Nov 4, 202641d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Quality below floor (3.8 < 4.0)

Key Metrics

P/E (TTM)6.6
P/E (Fwd)9.4
Mkt Cap$780M
EV/EBITDA-0.4
Profit Mgn9.3%
ROE3.0%
Rev Growth-48.9%
Beta
Dividend10.65%
Rating analysts7

Quality Signals

Piotroski F5/9

Options Flow

P/C16.00bearish
IV94%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Revenue shrinking — -48.9% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Declining revenue: -49%
Low model confidence on this dimension (33%).

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Support Resistance
2.1
Bollinger
3.0

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roa
0.0
Fcf Quality
0.0
Roe
1.0
Rule Of 40
3.0
Current Ratio
4.4
Net Margin
4.6
Moat
5.4
Piotroski F
5.6
Gross Margin
10.0
Earnings quality RED FLAG: -13214% FCF/NINo competitive moatRule of 40: -1276 (fail)
GatesDeath cross (50MA < 200MA)Momentum 5.7>=5.5A.R:R 1.9 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 41d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
54 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $4.56Resistance $6.29

Price Targets

$6
$8
A.Upside+29.2%
A.R:R1.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.8 < 4.0)

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-11-04 (41d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CSHR stock a buy right now?

Sell if holding. Engine safety override at $5.92: Quality below floor (3.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10 and A.R:R 1.9:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 16.00; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 54. Prior stop was $5.51. Score 4.6/10, moderate confidence.

What is the CSHR stock price target?

Take-profit target: $7.65 (+29.2% upside). Prior stop was $5.51. Stop-loss: $5.51.

What are the risks of investing in CSHR?

Quality below floor (3.8 < 4.0).

Is CSHR overvalued or undervalued?

CoinShares PLC trades at a P/E of 6.6 (forward 9.4). TrendMatrix value score: 8.9/10. Verdict: Sell.

What do analysts say about CSHR?

7 analysts cover CSHR with a consensus score of 4.1/5. Average price target: $9.

What does CoinShares PLC do?CoinShares PLC engages in the creating financial products with digital assets and blockchain technology business in...

CoinShares PLC engages in the creating financial products with digital assets and blockchain technology business in Jersey. It operates through three segments: Asset Management, Capital Markets, and Principal Investments. The company offers CoinShares Physical, CoinShares Valkyrie, CoinShares XBT, and The Blockchain Global Equity Index products. It also provides hedge fund solutions, indices, venture services, and capital markets services. CoinShares PLC was incorporated in 2008 and is headquartered in Saint Helier, Jersey.

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