NYSE:CPNG

Coupang (CPNG) Stock Forecast, Price & News

$15.98

+0.32 (+2.04%)

(As of 06/6/2023 ET)

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Today's Range: $15.68
▼
$16.03
50-Day Range: $15.13
▼
$17.78
52-Week Range: $10.51
▼
$21.38

Volume: 6.06 million shs
Average Volume: 7.34 million shs
Market Capitalization: $28.43 billion

P/E Ratio: 133.18
Dividend Yield: N/A
Price Target: $21.11

Coupang MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 32.1% Upside
$21.11 Price Target
Short Interest: Healthy
1.85% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.65
Based on 6 Articles This Week
Insider Trading: Selling Shares
$34.14 M Sold Last Quarter
Proj. Earnings Growth: 88.00%
From $0.25 to $0.47 Per Share

Overall MarketRank^™

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

2.71 out of 5 stars

Retail/Wholesale Sector

37th out of 204 stocks

Catalog & Mail-Order Houses Industry

1st out of 6 stocks

3.3

Analyst's Opinion

Consensus Rating
Coupang has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 7 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $21.11, Coupang has a forecasted upside of 32.1% from its current price of $15.98.
Amount of Analyst Coverage
Coupang has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.85% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Coupang has recently increased by 6.85%, indicating that investor sentiment is decreasing 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.

3.1

News and Social Media Coverage

News Sentiment
Coupang has a news sentiment score of 0.65. 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 0.46 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Coupang this week, compared to 7 articles on an average week.
Search Interest
41 people have searched for CPNG on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.
MarketBeat Follows
11 people have added Coupang to their MarketBeat watchlist in the last 30 days. This is an increase of 120% 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 $34,138,882.00 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
71.56% 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 88.00% in the coming year, from $0.25 to $0.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Coupang is 133.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coupang is 133.18, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 37.18.
Price to Book Value per Share Ratio
Coupang has a P/B Ratio of 11.75. 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. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives. The company 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. It also performs operations and support services in China, Singapore, Japan, Taiwan, and the United States. Coupang, Inc. was incorporated in 2010 and is headquartered in Seoul, South Korea.

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CPNG Stock News Headlines

June 5, 2023 | fortune.com

Features ·Fortune 500

June 3, 2023 | fool.com

Coupang (NYSE: CPNG)

June 6, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 27, 2023 | americanbankingnews.com

Coupang Target of Unusually Large Options Trading (NYSE:CPNG)

May 26, 2023 | finance.yahoo.com

Coupang, Inc. (NYSE:CPNG) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

May 25, 2023 | americanbankingnews.com

Coupang, Inc. (NYSE:CPNG) Receives $21.11 Consensus PT from Analysts

May 24, 2023 | americanbankingnews.com

Pedro Franceschi Sells 7,143 Shares of Coupang, Inc. (NYSE:CPNG) Stock

May 23, 2023 | msn.com

Coupang: The Battle For Profitability

June 6, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

May 23, 2023 | seekingalpha.com

Coupang: Leading Player In South Korea's Thriving E-Commerce Market

May 19, 2023 | americanbankingnews.com

Hanseung Kang Sells 174,324 Shares of Coupang, Inc. (NYSE:CPNG) Stock

May 15, 2023 | seekingalpha.com

Coupang: Demonstrating Tremendous Operating Leverage

May 14, 2023 | americanbankingnews.com

Investors Buy Large Volume of Coupang Put Options (NYSE:CPNG)

May 13, 2023 | americanbankingnews.com

Coupang (NYSE:CPNG) Price Target Raised to $19.00 at Bank of America

May 11, 2023 | msn.com

B of A Securities Maintains Coupang Inc - (CPNG) Neutral Recommendation

May 11, 2023 | markets.businessinsider.com

Mizuho Securities Keeps Their Hold Rating on Coupang (CPNG)

May 11, 2023 | finance.yahoo.com

Returns Are Gaining Momentum At Coupang (NYSE:CPNG)

May 11, 2023 | americanbankingnews.com

Stock Traders Purchase Large Volume of Coupang Call Options (NYSE:CPNG)

May 10, 2023 | realmoney.thestreet.com

Stanley Druckenmiller Really Likes This Company, But Should You? Let's Find Out

May 10, 2023 | msn.com

Coupang swings lower on investor concerns over profitability

May 10, 2023 | finanznachrichten.de

Coupang Announces Results for First Quarter 2023

May 10, 2023 | msn.com

Coupang: Q1 Earnings Insights

May 10, 2023 | finance.yahoo.com

Coupang (CPNG) Q1 2023 Earnings Call Transcript

May 9, 2023 | finance.yahoo.com

Coupang, Inc. (CPNG) Misses Q1 Earnings Estimates

May 8, 2023 | americanbankingnews.com

Coupang (CPNG) Scheduled to Post Earnings on Tuesday

May 4, 2023 | finance.yahoo.com

A Bull Market Is Coming: 2 Growth Stocks to Buy Now

May 3, 2023 | americanbankingnews.com

Short Interest in Coupang, Inc. (NYSE:CPNG) Increases By 10.4%

See More Headlines

CPNG Price History

30 days | 90 days | 365 days | Advanced Chart

CPNG Company Calendar

Last Earnings: 5/09/2023
Today: 6/06/2023
Next Earnings (Estimated): 8/09/2023
Fiscal Year End: 12/31/2023

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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: $21.11
High Stock Price Forecast: $27.80
Low Stock Price Forecast: $16.40
Forecasted Upside/Downside: +32.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.12
Trailing P/E Ratio: 133.18
Forward P/E Ratio: 63.92
P/E Growth: N/A
Net Income: $-92,040,000.00
Net Margins: 0.98%
Pretax Margin: 1.13%
Return on Equity: 9.03%
Return on Assets: 2.33%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.18
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $20.58 billion
Price / Sales: 1.38
Cash Flow: $0.08 per share
Price / Cash Flow: 210.92
Book Value: $1.36 per share
Price / Book: 11.75

Miscellaneous

Outstanding Shares: 1,778,870,000
Free Float: 1,513,816,000
Market Cap: $28.43 billion
Optionable: Not Optionable
Beta: 1.36

Key Executives

Mr. Bom Suk Kim (Age 43)
Founder, CEO & Director
Comp: $1.59M

Mr. Gaurav Anand (Age 46)
Chief Financial Officer
Comp: $858.5k

Mr. Harold L. Rogers (Age 45)
Gen. Counsel & Chief Admin. Officer
Comp: $859.77k

Mr. Hanseung Kang (Age 53)
Representative Director of Bus. Management
Comp: $1.4M

Mr. Jonathan Lee (Age 44)
Chief Accounting Officer

Mr. Michael Parker
VP of Investor Relations

Mr. Alex Wong
Head of Public Affairs

Ms. Emily Tabak Epstein (Age 44)
Corp. Sec.

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?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coupang in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPNG shares.
View CPNG analyst ratings or view top-rated stocks.
What is Coupang's stock price forecast for 2023?: 10 Wall Street analysts have issued twelve-month price objectives for Coupang's stock. Their CPNG share price forecasts range from $16.40 to $27.80. On average, they expect the company's share price to reach $21.11 in the next twelve months. This suggests a possible upside of 32.1% 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 on January 1st, 2023. Since then, CPNG shares have increased by 8.6% and is now trading at $15.98.
View the best growth stocks for 2023 here.
Are investors shorting Coupang?: Coupang saw a increase in short interest in May. As of May 15th, there was short interest totaling 21,060,000 shares, an increase of 6.8% from the April 30th total of 19,710,000 shares. Based on an average daily volume of 7,740,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the company's shares 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, August 9th 2023.
View our CPNG earnings forecast.
How were Coupang's earnings last quarter?: Coupang, Inc. (NYSE:CPNG) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.13 by $0.08. The business had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. Coupang had a net margin of 0.98% and a trailing twelve-month return on equity of 9.03%. The business's quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.12) 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 Online Retail ETF (ONLN), Renaissance IPO ETF (IPO), ProShares Long Online/Short Stores ETF (CLIX), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Davis Select International ETF (DINT), Changebridge Select Equity ETF (CBSE) and KraneShares Emerging Markets Consumer Technology ETF (KEMQ).

When did Coupang IPO?: (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 served 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 many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (6.32%), Maverick Capital Ltd. (4.19%), Price T Rowe Associates Inc. MD (2.94%), Wellington Management Group LLP (1.77%), FMR LLC (1.07%) and Sands Capital Management LLC (0.67%). 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 $15.98.
How much money does Coupang make?: Coupang (NYSE:CPNG) has a market capitalization of $28.43 billion and generates $20.58 billion in revenue each year. The company earns $-92,040,000.00 in net income (profit) each year or $0.12 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 6/6/2023 by MarketBeat.com Staff

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