NYSE:CPNG

Coupang (CPNG) Stock Forecast, Price & News

$17.29

+0.15 (+0.88%)

(As of 09/25/2023 ET)

Compare

Today's Range: $16.93
▼
$17.29
50-Day Range: $16.98
▼
$19.32
52-Week Range: $12.66
▼
$21.31

Volume: 5.59 million shs
Average Volume: 7.49 million shs
Market Capitalization: $30.84 billion

P/E Ratio: 72.04
Dividend Yield: N/A
Price Target: $23.26

Coupang MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 34.7% Upside
$23.26 Price Target
Short Interest: Healthy
2.05% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.15
Based on 5 Articles This Week
Insider Trading: Selling Shares
$99,854 Sold Last Quarter
Proj. Earnings Growth: 61.29%
From $0.31 to $0.50 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.94 out of 5 stars

Retail/Wholesale Sector

23rd out of 209 stocks

Catalog & Mail - Order Houses Industry

1st out of 24 stocks

3.3

Analyst's Opinion

Consensus Rating
Coupang has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.26, Coupang has a forecasted upside of 34.7% from its current price of $17.27.
Amount of Analyst Coverage
Coupang has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.05% of the float of Coupang has been sold short.
Short Interest Ratio / Days to Cover
Coupang has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Coupang has recently decreased by 14.27%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Coupang does not currently pay a dividend.
Dividend Growth
Coupang does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CPNG.

3.4

News and Social Media Coverage

News Sentiment
Coupang has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Coupang this week, compared to 4 articles on an average week.
Search Interest
Only 15 people have searched for CPNG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
7 people have added Coupang to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Coupang insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $99,854.00 in company stock.
Percentage Held by Insiders
14.90% of the stock of Coupang is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
72.02% of the stock of Coupang is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Coupang are expected to grow by 61.29% in the coming year, from $0.31 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Coupang is 71.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coupang is 71.96, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.91.
Price to Book Value per Share Ratio
Coupang has a P/B Ratio of 12.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Coupang (NYSE:CPNG) Stock

Coupang, Inc., together with its subsidiaries owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. The company operates through two segments, Product Commerce and Developing Offerings. 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. The company also 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, Japan, Taiwan, Singapore, and China. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.

CPNG Price History

30 days | 90 days | 365 days | Advanced Chart

CPNG Stock News Headlines

September 25, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying Coupang, Inc. (NYSE:CPNG)?

September 24, 2023 | americanbankingnews.com

Coupang, Inc. (NYSE:CPNG) Receives Consensus Rating of "Moderate Buy" from Analysts

September 25, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 21, 2023 | finance.yahoo.com

Coupang, Inc.'s (NYSE:CPNG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

September 12, 2023 | seekingalpha.com

Coupang: Cautiously Optimistic Prospects

September 5, 2023 | markets.businessinsider.com

Coupang (CPNG): New Sell Recommendation for This Technology Giant

August 31, 2023 | msn.com

Coupang: Exceptional, Disciplined Capital Allocation

August 30, 2023 | finance.yahoo.com

The Amazon of South Korea Looks Like a Screaming Buy

September 25, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.

August 29, 2023 | finance.yahoo.com

CPNG Aug 2023 16.000 call

August 24, 2023 | finance.yahoo.com

A Closer Look at Coupang

August 24, 2023 | finance.yahoo.com

Is There An Opportunity With Coupang, Inc.'s (NYSE:CPNG) 22% Undervaluation?

August 20, 2023 | finance.yahoo.com

After a year of 4.2% returns, Coupang, Inc.'s (NYSE:CPNG) share price drop last week may have less of an impact on institutional investors

August 16, 2023 | finance.yahoo.com

Why Coupang, Inc. (CPNG) Might be Well Poised for a Surge

August 16, 2023 | finance.yahoo.com

Does Coupang, Inc. (CPNG) Have the Potential to Rally 26.68% as Wall Street Analysts Expect?

August 10, 2023 | markets.businessinsider.com

Coupang (CPNG) Gets a Buy from Barclays

August 9, 2023 | msn.com

Coupang: The Future Of Retail, Thanks To AI

August 9, 2023 | finance.yahoo.com

Coupang Gets an Upgrade From Our Quantitative Service

August 9, 2023 | news.yahoo.com

Coupang to ramp up investment in Taiwan after four quarters of profits

August 9, 2023 | markets.businessinsider.com

New Sell Rating for Coupang (CPNG), the Technology Giant

August 9, 2023 | finance.yahoo.com

Coupang (CPNG) Q2 2023 Earnings Call Transcript

August 8, 2023 | finance.yahoo.com

Coupang, Inc. (CPNG) Q2 Earnings and Revenues Beat Estimates

August 8, 2023 | uk.finance.yahoo.com

Coupang Announces Results for Second Quarter 2023

August 8, 2023 | msn.com

Coupang rises as quarterly results beat estimates

August 6, 2023 | finance.yahoo.com

Coupang, Inc.'s (NYSE:CPNG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

August 2, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Coupang (NYSE:CPNG)

July 29, 2023 | finance.yahoo.com

Is Coupang, Inc. (NYSE:CPNG) Potentially Undervalued?

See More Headlines

Receive CPNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Coupang and its competitors with MarketBeat's FREE daily newsletter.

CPNG Company Calendar

Last Earnings: 8/08/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Catalog & mail - order houses
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:CPNG
CUSIP: N/A
CIK: 1834584
Web: www.coupang.com
Phone: 12063333839
Fax: N/A
Employees: 63,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $23.26
High Stock Price Forecast: $27.80
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +34.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.24
Trailing P/E Ratio: 72.04
Forward P/E Ratio: 55.77
P/E Growth: N/A
Net Income: $-92,040,000.00
Net Margins: 1.94%
Pretax Margin: 2.20%
Return on Equity: 17.29%
Return on Assets: 4.51%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.19
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $22.07 billion
Price / Sales: 1.40
Cash Flow: $0.08 per share
Price / Cash Flow: 218.70
Book Value: $1.36 per share
Price / Book: 12.71

Miscellaneous

Outstanding Shares: 1,783,744,000
Free Float: 1,517,966,000
Market Cap: $30.84 billion
Optionable: Not Optionable
Beta: 1.39

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

Mr. Bom Suk Kim (Age 44)
Founder, CEO & Chairman
Comp: $1.93M

Mr. Gaurav Anand (Age 47)
Chief Financial Officer
Comp: $1.44M

Mr. Harold L. Rogers (Age 46)
Gen. Counsel & Chief Admin. Officer
Comp: $1.13M

Mr. Jonathan Lee (Age 45)
Chief Accounting Officer

Mr. Michael Parker
VP of Investor Relations

Mr. Alex Wong
Head of Public Affairs

Ms. Emily Tabak Epstein (Age 45)
Corp. Sec.

Mr. Tae-Jung Kim
Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CPNG Stock - Frequently Asked Questions

Should I buy or sell Coupang stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?: 6 equities research analysts have issued 12 month target prices for Coupang's stock. Their CPNG share price forecasts range from $20.00 to $27.80. On average, they predict the company's stock price to reach $23.26 in the next twelve months. This suggests a possible upside of 34.5% 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 2023?: Coupang's stock was trading at $14.71 at the beginning of 2023. Since then, CPNG stock has increased by 17.5% and is now trading at $17.29.
View the best growth stocks for 2023 here.
Are investors shorting Coupang?: Coupang saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 23,370,000 shares, a decline of 14.3% from the August 15th total of 27,260,000 shares. Based on an average daily trading volume, of 7,830,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 2.1% of the shares of the company 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 Wednesday, November 8th 2023.
View our CPNG earnings forecast.
How were Coupang's earnings last quarter?: Coupang, Inc. (NYSE:CPNG) issued its quarterly earnings data on Tuesday, August, 8th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.03. The company earned $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Coupang had a net margin of 1.94% and a trailing twelve-month return on equity of 17.29%. The company's revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) earnings per share.
What ETFs hold Coupang's stock?: ETFs with the largest weight of Coupang (NYSE:CPNG) stock in their portfolio include FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), ProShares Long Online/Short Stores ETF (CLIX), ProShares Online Retail ETF (ONLN), Renaissance IPO ETF (IPO), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Davis Select International ETF (DINT), KraneShares Emerging Markets Consumer Technology ETF (KEMQ) and Amplify Online Retail ETF (IBUY).

When did Coupang IPO?: (CPNG) raised $3.4 billion in an initial public offering (IPO) on Thursday, March 11th 2021. The company issued 120,000,000 shares at a price of $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.
What is Coupang's stock symbol?: Coupang trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPNG."
Who are Coupang's major shareholders?: Coupang's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (6.25%), Capital International Investors (3.55%), BlackRock Inc. (1.90%), Capital World Investors (1.50%), Sands Capital Management LLC (0.77%) and Fiduciary Trust Co. (0.76%). Insiders that own company stock include Benjamin Sun, Bom Suk Kim, Gaurav Anand, Greenoaks Capital Partners Llc, Hanseung Kang, Kevin M Warsh, Lydia Jett, Michael Parker, Pedro Franceschi, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Coupang's stock price today?: One share of CPNG stock can currently be purchased for approximately $17.29.
How much money does Coupang make?: Coupang (NYSE:CPNG) has a market capitalization of $30.84 billion and generates $22.07 billion in revenue each year. The company earns $-92,040,000.00 in net income (profit) each year or $0.24 on an earnings per share basis.
How many employees does Coupang have?: The company employs 63,000 workers across the globe.
How can I contact Coupang?: Coupang's mailing address is TOWER 730 570 SONGPA-DAERO, SEOUL M5, 05510. The official website for the company is www.coupang.com. The company can be reached via phone at 12063333839 or via email at ir@coupang.com.

This page (NYSE:CPNG) was last updated on 9/25/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial