Analysts Set Coupang, Inc. (NYSE:CPNG) Price Target at $26.70

Shares of Coupang, Inc. (NYSE:CPNG) have been assigned a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $26.70.

Several analysts have recently issued reports on the stock. Nomura lowered their price objective on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of Coupang in a research note on Monday, March 2nd. Wall Street Zen cut Coupang from a “hold” rating to a “strong sell” rating in a research note on Saturday. Weiss Ratings downgraded Coupang from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft raised shares of Coupang from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Friday, January 16th.

Coupang News Summary

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 Stock Down 0.5%

CPNG opened at $18.46 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 0.79. The stock has a market capitalization of $33.71 billion, a price-to-earnings ratio of 153.80 and a beta of 1.20. The business has a 50-day moving average of $19.58 and a two-hundred day moving average of $25.71. Coupang has a 12 month low of $16.74 and a 12 month high of $34.08.

Coupang (NYSE:CPNG) last released its earnings results on Thursday, February 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03). The company had revenue of $8.84 billion during the quarter, compared to analysts’ expectations of $9.12 billion. Coupang had a net margin of 0.60% and a return on equity of 4.52%. Coupang’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.04 earnings per share. On average, research analysts expect that Coupang will post 0.17 earnings per share for the current year.

Insider Activity

In related news, Director Neil Mehta acquired 3,000,000 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was bought at an average price of $18.68 per share, for a total transaction of $56,040,000.00. Following the transaction, the director owned 52,978,114 shares of the company’s stock, valued at approximately $989,631,169.52. The trade was a 6.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Jonathan D. Lee sold 2,679 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $23.62, for a total transaction of $63,277.98. Following the completion of the transaction, the chief accounting officer owned 122,096 shares of the company’s stock, valued at approximately $2,883,907.52. The trade was a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have acquired 7,350,104 shares of company stock worth $136,566,051. 12.78% of the stock is owned by corporate insiders.

Institutional Trading of Coupang

Several hedge funds and other institutional investors have recently modified their holdings of CPNG. Sunbelt Securities Inc. acquired a new position in Coupang during the 3rd quarter worth $26,000. Reflection Asset Management bought a new stake in shares of Coupang during the fourth quarter valued at approximately $28,000. Orion Capital Management LLC acquired a new position in shares of Coupang in the 3rd quarter valued at $32,000. Hilltop National Bank acquired a new position in Coupang in the third quarter worth about $34,000. Finally, Fifth Third Bancorp lifted its position in shares of Coupang by 1,250.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,080 shares of the company’s stock worth $35,000 after buying an additional 1,000 shares during the period. 83.72% of the stock is currently owned by hedge funds and other institutional investors.

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.