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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:CPNG

Coupang (CPNG) Stock Price, News & Analysis

$22.31
-0.32 (-1.41%)
(As of 04/18/2024 ET)
Today's Range
$22.02
$22.56
50-Day Range
$14.47
$22.63
52-Week Range
$13.51
$22.89
Volume
13.42 million shs
Average Volume
13.38 million shs
Market Capitalization
$40.01 billion
P/E Ratio
29.75
Dividend Yield
N/A
Price Target
$22.42

Coupang MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
0.5% Upside
$22.42 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of Coupang in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$633.44 M Sold Last Quarter
Proj. Earnings Growth
109.38%
From $0.32 to $0.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.53 out of 5 stars

Retail/Wholesale Sector

125th out of 198 stocks

Catalog & Mail - Order Houses Industry

12th out of 25 stocks

CPNG stock logo

About Coupang Stock (NYSE:CPNG)

Coupang, Inc., together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. In addition, the company offers Rocket Fresh, which offers fresh groceries; Coupang Eats, a restaurant ordering and delivery services; and Coupang Play, an online content streaming services, as well as advertising products. It also performs operations and support services in the United States, South Korea, Taiwan, Singapore, China, Japan, and India. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.

CPNG Stock Price History

CPNG Stock News Headlines

AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
3 Retail Stocks to Buy Now: Q2 Edition
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Coupang (NYSE:CPNG) Upgraded by Citigroup to "Buy"
Coupang (NYSE:CPNG) Hits New 52-Week High at $21.19
Coupang Sees Unusually High Options Volume (NYSE:CPNG)
Why Coupang (CPNG) Stock Is Trading Up Today
Why Coupang Stock Was Climbing Today
Coupang gains on membership price increase
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
4/18/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
N/A
Fax
N/A
Employees
78,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.42
High Stock Price Target
$26.00
Low Stock Price Target
$18.50
Potential Upside/Downside
+0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$1.36 billion
Pretax Margin
2.40%

Debt

Sales & Book Value

Annual Sales
$24.38 billion
Cash Flow
$0.41 per share
Book Value
$2.28 per share

Miscellaneous

Outstanding Shares
1,793,320,000
Free Float
1,526,114,000
Market Cap
$40.01 billion
Optionable
Optionable
Beta
1.32
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Should I Buy Coupang Stock? CPNG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Coupang, Inc.:

  • Coupang, Inc. operates in the e-commerce sector, which has shown significant growth potential in recent years, especially with the shift towards online shopping.
  • The company offers a wide range of products and services, including fresh groceries, electronics, and everyday consumables, catering to diverse consumer needs.
  • With operations in multiple countries, Coupang has a broad market reach, providing opportunities for expansion and revenue growth.
  • Recent positive ratings and reviews from analysts and financial institutions like Citigroup Inc. indicate confidence in the company's performance and potential for investors.
  • Investors may find the current stock price of Coupang, Inc. attractive for potential gains based on market trends and company performance.

Cons

Investors should be bearish about investing in Coupang, Inc. for these reasons:

  • While the e-commerce sector is growing, it also faces intense competition, which could impact Coupang's market share and profitability.
  • Fluctuations in consumer preferences and economic conditions can influence consumer spending behavior, affecting Coupang's sales and revenue.
  • Investing in retail businesses like Coupang carries inherent risks related to inventory management, supply chain disruptions, and changing market trends.
  • Market volatility and external factors such as regulatory changes or geopolitical events can impact Coupang's stock performance and investor returns.
  • Investors should carefully consider the company's financial terms, such as revenue growth, profit margins, and debt levels, to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Coupang pros and cons to contact@marketbeat.com.

CPNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Coupang stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CPNG shares.
View CPNG analyst ratings
or view top-rated stocks.

What is Coupang's stock price target for 2024?

4 brokerages have issued 12-month price targets for Coupang's shares. Their CPNG share price targets range from $18.50 to $26.00. On average, they predict the company's share price to reach $22.42 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for CPNG
or view top-rated stocks among Wall Street analysts.

How have CPNG shares performed in 2024?

Coupang's stock was trading at $16.19 at the beginning of 2024. Since then, CPNG stock has increased by 37.8% and is now trading at $22.31.
View the best growth stocks for 2024 here
.

Are investors shorting Coupang?

Coupang saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 30,130,000 shares, an increase of 26.3% from the February 29th total of 23,850,000 shares. Based on an average daily volume of 11,720,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.6% of the company's stock are short sold.
View Coupang's Short Interest
.

When is Coupang's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CPNG earnings forecast
.

How were Coupang's earnings last quarter?

Coupang, Inc. (NYSE:CPNG) released its quarterly earnings data on Tuesday, February, 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. The business earned $6.56 billion during the quarter, compared to analysts' expectations of $6.40 billion. Coupang had a trailing twelve-month return on equity of 15.04% and a net margin of 5.57%. The firm's revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period last year, the business earned $0.06 EPS.

When did Coupang IPO?

Coupang (CPNG) raised $3.4 billion in an IPO on Thursday, March 11th 2021. The company issued 120,000,000 shares at $27.00-$30.00 per share. Goldman Sachs, Allen & Co., J.P.Morgan and Citigroup served as the underwriters for the IPO and HSBC, Deutsche Bank Securities, UBS Investment Bank, Mizuho Securities and CLSA were co-managers.

Who are Coupang's major shareholders?

Coupang's stock is owned by many different retail and institutional investors. Top institutional shareholders include Deepwater Asset Management LLC (0.04%), FCF Advisors LLC (0.01%), Inspirion Wealth Advisors LLC (0.01%), Allspring Global Investments Holdings LLC (0.01%), Matthews International Capital Management LLC (0.00%) and 180 Wealth Advisors LLC (0.00%). Insiders that own company stock include Benjamin Sun, Gaurav Anand, Greenoaks Capital Partners Llc, Hanseung Kang, Harold Rogers, Kevin M Warsh, Michael Parker, Neil Mehta, Pedro Franceschi, Pranam Kolari, Svf Investments (Uk) Ltd, Tae Jung Kim and Thuan Pham.
View institutional ownership trends
.

How do I buy shares of Coupang?

Shares of CPNG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPNG) was last updated on 4/18/2024 by MarketBeat.com Staff

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