Coupang (NYSE:CPNG) Downgraded to Strong Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Coupang (NYSE:CPNG) from a hold rating to a strong sell rating in a report issued on Saturday morning.

CPNG has been the topic of a number of other research reports. Weiss Ratings lowered Coupang from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised Coupang from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Friday, January 16th. UBS Group set a $25.00 target price on Coupang in a research note on Thursday, February 19th. Sanford C. Bernstein reiterated an “underperform” rating on shares of Coupang in a research report on Monday, March 2nd. Finally, Barclays raised their price target on Coupang from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Coupang currently has a consensus rating of “Hold” and a consensus target price of $26.70.

Coupang Trading Down 0.5%

Shares of CPNG stock opened at $18.46 on Friday. The stock has a market cap of $33.71 billion, a P/E ratio of 153.80 and a beta of 1.20. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 0.14. Coupang has a fifty-two week low of $16.74 and a fifty-two week high of $34.08. The business has a fifty day simple moving average of $19.58 and a 200-day simple moving average of $25.73.

Coupang (NYSE:CPNG) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.03). Coupang had a return on equity of 4.52% and a net margin of 0.60%.The company had revenue of $8.84 billion for the quarter, compared to analyst estimates of $9.12 billion. During the same quarter in the prior year, the firm earned $0.04 earnings per share. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. On average, analysts forecast that Coupang will post 0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Neil Mehta acquired 3,000,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were purchased at an average price of $18.68 per share, for a total transaction of $56,040,000.00. Following the acquisition, the director directly owned 52,978,114 shares of the company’s stock, valued at $989,631,169.52. This represents a 6.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jonathan D. Lee sold 2,679 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $23.62, for a total value of $63,277.98. Following the completion of the transaction, the chief accounting officer owned 122,096 shares in the company, valued at approximately $2,883,907.52. This trade represents a 2.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have bought 7,350,104 shares of company stock worth $136,566,051. Corporate insiders own 12.78% of the company’s stock.

Hedge Funds Weigh In On Coupang

A number of hedge funds have recently added to or reduced their stakes in CPNG. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Coupang by 4.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,436 shares of the company’s stock valued at $239,000 after buying an additional 330 shares during the period. California State Teachers Retirement System raised its stake in Coupang by 0.5% during the third quarter. California State Teachers Retirement System now owns 78,679 shares of the company’s stock worth $2,533,000 after acquiring an additional 361 shares during the period. CIBC Asset Management Inc lifted its holdings in Coupang by 0.6% in the third quarter. CIBC Asset Management Inc now owns 65,029 shares of the company’s stock worth $2,094,000 after acquiring an additional 364 shares during the last quarter. Resonant Capital Advisors LLC lifted its holdings in Coupang by 2.9% in the third quarter. Resonant Capital Advisors LLC now owns 13,088 shares of the company’s stock worth $421,000 after acquiring an additional 374 shares during the last quarter. Finally, Merit Financial Group LLC boosted its stake in Coupang by 2.7% in the third quarter. Merit Financial Group LLC now owns 15,862 shares of the company’s stock valued at $511,000 after acquiring an additional 418 shares during the period. Institutional investors and hedge funds own 83.72% of the company’s stock.

Key Coupang News

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Director Neil Mehta bought a total of ~7.35 million CPNG shares across March 11–13 (~$18.40–$18.68 per share), representing roughly $136.5M of purchases and boosting his stake to ~55.3M shares — a strong insider vote of confidence that can support the stock. Read More. Read More.
• Neutral Sentiment: Analysts’ reactions after Q4 are mixed — some note improving revenue growth but others highlight margin/earnings pressure and differing price targets, leaving near-term sentiment uncertain. Read More. Read More.
• Neutral Sentiment: Market commentary highlights elevated investor attention and mixed valuation signals — some argue recent share weakness creates an undervaluation opportunity, while others point to execution risks. Read More. Read More.
• Negative Sentiment: Near-term headwinds remain: recent quarterly results missed consensus on EPS and revenue, margins are thin and the stock trades below its 50-day and 200-day moving averages with a high trailing P/E, which can keep downward pressure absent clearer improvement in fundamentals. (Reference: analyst coverage and company Q4 commentary linked above.)

Coupang Company Profile

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.