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NYSE:CPNG

Coupang (CPNG) Stock Price, News & Analysis

$22.84
+0.05 (+0.22%)
(As of 08/21/2024 ET)
Today's Range
$22.54
$23.19
50-Day Range
$19.79
$23.59
52-Week Range
$13.51
$23.77
Volume
7.02 million shs
Average Volume
10.76 million shs
Market Capitalization
$40.84 billion
P/E Ratio
32.63
Dividend Yield
N/A
Price Target
$26.71

Coupang MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
17.0% Upside
$26.71 Price Target
Short Interest
Healthy
1.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Coupang in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$24.79 M Sold Last Quarter
Proj. Earnings Growth
6,900.00%
From $0.01 to $0.70 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.

4.00 out of 5 stars

Retail/Wholesale Sector

64th out of 193 stocks

Catalog & Mail - Order Houses Industry

6th out of 23 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

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CPNG Sep 2024 26.000 call
CPNG Sep 2024 16.500 put
Why Coupang Stock Jumped Today
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
8/22/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$26.71
High Stock Price Target
$32.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+17.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

P/E Growth
2041.58
Net Income
$1.36 billion
Pretax Margin
2.02%

Debt

Sales & Book Value

Annual Sales
$27.18 billion
Cash Flow
$0.46 per share
Book Value
$2.28 per share

Miscellaneous

Outstanding Shares
1,787,988,000
Free Float
1,544,822,000
Market Cap
$40.84 billion
Optionable
Optionable
Beta
1.09
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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's stock price has been showing positive momentum, trading at $22.59 on the latest trading day, indicating potential growth.
  • Coupang reported earnings per share of $0.07 for the last quarter, surpassing analyst estimates, showcasing strong financial performance.
  • The company's revenue for the quarter was $7.32 billion, higher than analysts' expectations, demonstrating robust business operations.
  • Coupang's return on equity stands at 13.59%, indicating efficient utilization of shareholder funds to generate profits.
  • The company's revenue growth of 25.4% compared to the same quarter last year highlights a positive trajectory in its business expansion.

Cons

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

  • Despite positive financial performance, Coupang's price-to-earnings ratio is relatively high at 32.27, which may indicate an overvalued stock.
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 Sunday, August 11, 2024. Please send any questions or comments about these Coupang pros and cons to contact@marketbeat.com.

CPNG Stock Analysis - Frequently Asked Questions

How have CPNG shares performed this year?

Coupang's stock was trading at $16.19 at the start of the year. Since then, CPNG shares have increased by 41.1% and is now trading at $22.84.
View the best growth stocks for 2024 here
.

How were Coupang's earnings last quarter?

Coupang, Inc. (NYSE:CPNG) announced its quarterly earnings data on Tuesday, August, 6th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.08. The business's revenue for the quarter was up 25.4% on a year-over-year basis.

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?

Top institutional shareholders of Coupang include Baillie Gifford & Co. (9.58%), Maverick Capital Ltd. (1.64%), Dragoneer Investment Group LLC (0.94%) and Duquesne Family Office LLC (0.61%). Insiders that own company stock include Svf Investments (Uk) Ltd, Greenoaks Capital Partners Llc, Neil Mehta, Thuan Pham, Benjamin Sun, Gaurav Anand, Hanseung Kang, Harold Rogers, Kevin M Warsh, Tae Jung Kim, Pranam Kolari, Michael Parker and Pedro Franceschi.
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 8/22/2024 by MarketBeat.com Staff

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