NYSE:CPNG

Coupang (CPNG) Stock Price, News & Analysis

$23.00
+0.13 (+0.57%)
(As of 05/17/2024 ET)
Today's Range
$22.79
$23.33
50-Day Range
$17.58
$23.36
52-Week Range
$13.51
$23.77
Volume
8.12 million shs
Average Volume
12.52 million shs
Market Capitalization
$41.12 billion
P/E Ratio
32.86
Dividend Yield
N/A
Price Target
$26.67

Coupang MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
15.9% Upside
$26.67 Price Target
Short Interest
Healthy
2.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.83mentions of Coupang in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$633.56 M Sold Last Quarter
Proj. Earnings Growth
102.94%
From $0.34 to $0.69 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.

4.59 out of 5 stars

Retail/Wholesale Sector

31st out of 195 stocks

Catalog & Mail - Order Houses Industry

3rd out of 26 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

UBS Group Upgrades Coupang (NYSE:CPNG) to "Buy"
UBS Upgrades Coupang (CPNG)
The Analyst Landscape: 7 Takes On Coupang
Coupang: There's A Lot To Like Here
Coupang (NYSE:CPNG) Shares Down 3.2% on Insider Selling
Coupang: eCommerce Dominance With Room To Grow
Mizuho Boosts Coupang (NYSE:CPNG) Price Target to $23.00
Coupang (NYSE:CPNG) PT Raised to $28.00
Latest News for Coupang Stock (NYSE:CPNG)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/18/2024
Next Earnings (Estimated)
8/13/2024
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
$26.67
High Stock Price Target
$32.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.36 billion
Pretax Margin
2.02%

Debt

Sales & Book Value

Annual Sales
$24.38 billion
Cash Flow
$0.42 per share
Book Value
$2.28 per share

Miscellaneous

Outstanding Shares
1,787,990,000
Free Float
1,526,114,000
Market Cap
$41.12 billion
Optionable
Optionable
Beta
1.13
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CPNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Coupang stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last year. There are currently 1 hold rating and 5 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?

6 Wall Street analysts have issued twelve-month target prices for Coupang's stock. Their CPNG share price targets range from $21.00 to $32.00. On average, they expect the company's share price to reach $26.67 in the next year. This suggests a possible upside of 15.9% 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 on January 1st, 2024. Since then, CPNG shares have increased by 42.1% and is now trading at $23.00.
View the best growth stocks for 2024 here
.

Are investors shorting Coupang?

Coupang saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 28,170,000 shares, a decrease of 19.2% from the April 15th total of 34,880,000 shares. Based on an average daily trading volume, of 15,340,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.4% of the shares of the company are sold short.
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, August 13th 2024.
View our CPNG earnings forecast
.

How were Coupang's earnings last quarter?

Coupang, Inc. (NYSE:CPNG) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The firm earned $7.11 billion during the quarter, compared to analysts' expectations of $6.95 billion. Coupang had a net margin of 4.96% and a trailing twelve-month return on equity of 13.59%. Coupang's revenue was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 earnings per share.

When did Coupang IPO?

Coupang (CPNG) raised $3.4 billion in an initial public offering 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 acted 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 a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (9.40%), Price T Rowe Associates Inc. MD (4.40%), Capital International Investors (3.05%), WCM Investment Management LLC (2.51%), Capital World Investors (0.79%) and Kontiki Capital Management HK Ltd. (0.48%). Insiders that own company stock include Benjamin Sun, Gaurav Anand, Greenoaks Capital Partners Llc, Hanseung Kang, Harold Rogers, Jonathan D Lee, 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 5/19/2024 by MarketBeat.com Staff

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