Coupang (CPNG) Stock Forecast & Price Target

$25.33 -0.57 (-2.20%)

(As of 11/14/2024 ET)

Coupang - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 9 Analyst Ratings

Sell
0

Hold
1

Buy
8

Based on 9 Wall Street analysts who have issued ratings for Coupang in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a hold rating, and 8 have given a buy rating for CPNG.

Consensus Price Target

$27.56
8.79% Upside

According to the 9 analysts' twelve-month price targets for Coupang, the average price target is $27.56. The highest price target for CPNG is $32.00, while the lowest price target for CPNG is $21.00. The average price target represents a forecasted upside of 8.79% from the current price of $25.33.

CPNG Analyst Ratings Over Time

Type	Current Forecast 11/15/23 to 11/14/24	1 Month Ago 10/16/23 to 10/15/24	3 Months Ago 8/17/23 to 8/16/24	1 Year Ago 11/15/22 to 11/15/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$27.56	$27.56	$26.71	$22.50
Forecasted Upside	8.79% Upside	9.48% Upside	18.99% Upside	42.63% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CPNG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CPNG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Coupang Stock vs. The Competition

Type	Coupang	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.89	2.51	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.98% Upside	26.53% Upside	8.54% Upside
News Sentiment Rating	Positive News See Recent CPNG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/7/2024	Sanford C. Bernstein 3 of 5 stars	B. Suh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Outperform	$30.00	+22.00%
9/4/2024	CLSA 1 of 5 stars	B. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Outperform	$18.00 ➝ $31.00	+40.91%
6/26/2024	Morgan Stanley 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$26.00 ➝ $27.00	+27.90%
5/16/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$18.50 ➝ $26.00	+15.40%
5/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$25.00 ➝ $32.00	+45.92%
5/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$26.00 ➝ $28.00	+30.05%
5/8/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$20.00 ➝ $23.00	+0.04%
5/3/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$30.00	+31.46%
2/29/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$18.50 ➝ $21.00	+15.19%
12/1/2022	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$25.00	+28.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:45 PM ET.

Should I Buy Coupang Stock? CPNG Pros and Cons Explained

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, October 26, 2024. Please send any questions or comments about these Coupang pros and cons to contact@marketbeat.com.

Coupang
Bull Case

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

Coupang's stock price has been showing a positive trend, currently trading at $24.81, with analysts setting a target price of $27.25, indicating potential for growth.
Recent insider buying activity, with Director Greenoaks Capital Partners Llc purchasing 251,300 shares, showing confidence in the company's future prospects.
Analysts have given Coupang a "Moderate Buy" rating, with a consensus target price of $27.25, suggesting a positive outlook for the stock.
Coupang reported earnings per share of $0.07 for the last quarter, beating analyst estimates and demonstrating strong financial performance.
The company's revenue for the quarter was $7.32 billion, slightly below estimates but still showing growth potential.

Coupang
Bear Case

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

The company's P/E ratio is relatively high at 35.44, indicating that the stock may be overvalued compared to its earnings.
Coupang's PEG ratio is 181.74, suggesting that the stock may be overpriced relative to its expected earnings growth rate.
Insiders have sold a significant number of shares in the last ninety days, totaling $9,429,597, which could be seen as a lack of confidence in the company's future performance.
The stock has a beta of 1.10, indicating that it is slightly more volatile than the market average, which may pose risks for investors.
Coupang's net margin of 3.87% is relatively low, indicating potential challenges in maintaining profitability and efficiency.

CPNG Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Coupang is $27.56, with a high forecast of $32.00 and a low forecast of $21.00.
: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last twelve months. There is currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CPNG shares.
: According to analysts, Coupang's stock has a predicted upside of 8.79% based on their 12-month stock forecasts.
: Over the previous 90 days, Coupang's stock had 2 upgrades by analysts.
: Coupang has been rated by research analysts at CLSA, and Sanford C. Bernstein in the past 90 days.
: Analysts like Coupang more than other "retail/wholesale" companies. The consensus rating score for Coupang is 2.89 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how CPNG compares to other companies.

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This page (NYSE:CPNG) was last updated on 11/14/2024 by MarketBeat.com Staff

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Coupang (CPNG) Stock Forecast & Price Target