Brokerages Set Coupang, Inc. (NYSE:CPNG) PT at $26.70

Coupang, Inc. (NYSE:CPNG) has been assigned a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.70.

Several brokerages have recently commented on CPNG. Weiss Ratings cut shares of Coupang from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised shares of Coupang from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Friday, January 16th. Citigroup lowered their target price on shares of Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Barclays upped their target price on shares of Coupang from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Finally, Sanford C. Bernstein reissued an “underperform” rating on shares of Coupang in a research note on Monday, March 2nd.

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.)

Insider Transactions at Coupang

In other Coupang news, CAO Jonathan D. Lee sold 2,679 shares of the 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 transaction, the chief accounting officer owned 122,096 shares of the company’s stock, valued at approximately $2,883,907.52. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Neil Mehta bought 2,332,863 shares of Coupang stock in a transaction on Friday, March 13th. The shares were bought at an average price of $18.40 per share, for a total transaction of $42,924,679.20. Following the acquisition, the director owned 55,310,977 shares of the company’s stock, valued at approximately $1,017,721,976.80. The trade was a 4.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 7,350,104 shares of company stock valued at $136,566,051 in the last quarter. 12.78% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in Coupang by 2.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 11,215,142 shares of the company’s stock worth $361,128,000 after acquiring an additional 318,115 shares in the last quarter. TRB Advisors LP bought a new stake in shares of Coupang in the third quarter worth about $1,863,000. New York State Common Retirement Fund increased its holdings in shares of Coupang by 18.5% in the third quarter. New York State Common Retirement Fund now owns 728,861 shares of the company’s stock worth $23,469,000 after acquiring an additional 113,950 shares in the last quarter. Rit Capital Partners PLC raised its position in shares of Coupang by 3.5% during the third quarter. Rit Capital Partners PLC now owns 2,700,750 shares of the company’s stock worth $86,937,000 after purchasing an additional 91,550 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Coupang by 343.5% during the 3rd quarter. Vanguard Group Inc. now owns 28,595,825 shares of the company’s stock valued at $920,786,000 after purchasing an additional 22,147,432 shares in the last quarter. Institutional investors own 83.72% of the company’s stock.

Coupang Trading Down 0.5%

Shares of CPNG opened at $18.46 on Monday. The stock’s fifty day simple moving average is $19.58 and its 200-day simple moving average is $25.75. The firm has a market capitalization of $33.71 billion, a PE ratio of 153.80 and a beta of 1.20. Coupang has a 12-month low of $16.74 and a 12-month high of $34.08. 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 (NYSE:CPNG) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03). Coupang had a return on equity of 4.52% and a net margin of 0.60%.The firm had revenue of $8.84 billion during the quarter, compared to analyst estimates of $9.12 billion. During the same quarter in the previous year, the business earned $0.04 earnings per share. Coupang’s revenue for the quarter was up 10.9% compared to the same quarter last year. As a group, research analysts predict that Coupang will post 0.17 earnings per share for the current year.

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.