Coupang, Inc. (CPNG)
NYSE: CPNG · IEX Real-Time Price · USD
23.00
+0.13 (0.57%)
At close: May 17, 2024, 4:00 PM
23.02
+0.02 (0.09%)
After-hours: May 17, 2024, 7:52 PM EDT
Coupang Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Coupang stock have an average target of 25.83, with a low estimate of 21 and a high estimate of 32. The average target predicts an increase of 12.30% from the current stock price of 23.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Coupang stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 2 | 3 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 4 | 3 | 3 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $19 → $26 | Hold → Strong Buy | Upgrades | $19 → $26 | +13.04% | May 16, 2024 |
| Barclays | Barclays | Buy Maintains $25 → $32 | Buy | Maintains | $25 → $32 | +39.13% | May 9, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +21.74% | May 8, 2024 |
| Mizuho | Mizuho | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | n/a | May 8, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $19 → $26 | Hold → Strong Buy | Upgrades | $19 → $26 | +13.04% | Apr 15, 2024 |
Financial Forecast
Revenue This Year
29.36B
from 24.38B
Increased by 20.40%
Revenue Next Year
34.01B
from 29.36B
Increased by 15.84%
EPS This Year
0.28
from 0.75
Decreased by -62.90%
EPS Next Year
0.59
from 0.28
Increased by 113.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 31.9B | 35.9B | 41.2B | 46.0B |
| Avg | 29.4B | 34.0B | 39.0B | 44.7B |
| Low | 25.4B | 30.7B | 36.9B | 42.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 30.8% | 22.4% | 21.2% | 17.9% |
| Avg | 20.4% | 15.8% | 14.7% | 14.5% |
| Low | 4.2% | 4.5% | 8.5% | 10.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.45 | 0.78 | 1.12 |
| Avg | 0.28 | 0.59 | 0.98 |
| Low | 0.13 | 0.30 | 0.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -39.8% | 179.2% | 89.3% |
| Avg | -62.9% | 113.3% | 65.3% |
| Low | -83.3% | 9.2% | 40.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.