Coupang (CPNG) Expected to Announce Quarterly Earnings on Tuesday

Coupang (NYSE:CPNG - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $8.02 billion for the quarter.

Coupang Stock Up 0.5 %

Shares of NYSE CPNG traded up $0.12 during midday trading on Thursday, hitting $23.49. The stock had a trading volume of 6,483,660 shares, compared to its average volume of 7,736,105. The company has a market cap of $42.40 billion, a P/E ratio of 41.20, a PEG ratio of 52.20 and a beta of 1.09. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.28. The business's 50 day moving average is $22.49 and its 200-day moving average is $23.44. Coupang has a 52 week low of $18.16 and a 52 week high of $26.91.

Analyst Ratings Changes

CPNG has been the subject of a number of research analyst reports. Mizuho raised Coupang to a "hold" rating in a report on Friday, April 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Coupang from a "hold" rating to a "buy" rating and set a $28.50 target price for the company in a research note on Wednesday, February 26th. Citigroup dropped their price target on Coupang from $31.00 to $28.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays set a $35.00 price objective on Coupang and gave the company an "overweight" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $29.17.

Insider Activity at Coupang

In other Coupang news, Director Benjamin Sun sold 250,000 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $23.43, for a total value of $5,857,500.00. Following the completion of the sale, the director now owns 1,719,421 shares in the company, valued at $40,286,034.03. This represents a 12.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Pranam Kolari sold 8,459 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $22.98, for a total value of $194,387.82. Following the completion of the sale, the vice president now owns 136,806 shares of the company's stock, valued at approximately $3,143,801.88. The trade was a 5.82 % decrease in their position. The disclosure for this sale can be found here. 13.60% of the stock is owned by company insiders.

About Coupang

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.