Coupang, Inc. (CPNG)

NYSE: CPNG · IEX Real-Time Price · USD
21.40
-0.30 (-1.38%)
At close: Jun 14, 2024, 4:00 PM
21.23
-0.17 (-0.79%)
After-hours: Jun 14, 2024, 7:58 PM EDT
-1.38%
Market Cap 38.24B
Revenue (ttm) 25.70B
Net Income (ttm) 1.22B
Shares Out 1.79B
EPS (ttm) 0.70
PE Ratio 30.57
Forward PE 92.42
Dividend n/a
Ex-Dividend Date n/a
Volume 6,143,379
Open 21.49
Previous Close 21.70
Day's Range 21.01 - 21.56
52-Week Range 13.51 - 23.77
Beta 1.12
Analysts Strong Buy
Price Target 25.83 (+20.7%)
Earnings Date May 7, 2024

About CPNG

Coupang, Inc., together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It 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. In addition, the company offers Rocket Fresh, wh... [Read more]

Industry Internet Retail
IPO Date Mar 11, 2021
Employees 78,000
Stock Exchange NYSE
Ticker Symbol CPNG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CPNG stock is "Strong Buy." The 12-month stock price forecast is $25.83, which is an increase of 20.70% from the latest price.

Price Target
$25.83
(20.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Coupang: Fulfillment Service Helps Merchants Double Sales in 90 Days

South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Its fulfillment and logistics, grocery delivery and meal delivery offerings made gains during the f...

5 weeks ago - PYMNTS

Coupang Announces Results for First Quarter 2024

SEATTLE--(BUSINESS WIRE)--Coupang Announces Results for First Quarter 2024.

5 weeks ago - Business Wire

Coupang to Announce First Quarter 2024 Results on May 7, 2024

SEATTLE--(BUSINESS WIRE)--Coupang to Announce First Quarter 2024 Results on May 7, 2024.

7 weeks ago - Business Wire

Committee stocks on the move: Salesforce, Cisco, Constellation, Coupang, Intel and Rollins

The Investment Committee discuss their stocks that are on the move.

Other symbols: CRMCSCOINTCROLSTZ
2 months ago - CNBC Television

Is Coupang stock worth buying after WOW membership price hike?

Coupang Inc (NYSE: CPNG) is up more than 10% on Friday after announcing a rather big increase in its monthly membership fee. Coupang stock is already up more than 50% The “WOW” membership will now cos...

2 months ago - Invezz

Coupang Eats Taps Free Delivery Subscription Model as Aggregators Drive Frequency

Coupang has become the latest to offer a fee-free fulfillment subscription through its on-demand delivery aggregator — a move that comes as key players in the space around the world turn to paid membe...

2 months ago - PYMNTS

Coupang Partners with the U.S. Department of Commerce to Co-host EMPOWER Asia Webinars to Promote U.S. Exports

SEATTLE & WASHINGTON--(BUSINESS WIRE)--Coupang continues its strategic partnership with the U.S. Dept. of Commerce and International Trade Administration by co-hosting webinars for sellers.

3 months ago - Business Wire

Coupang Announces Results for Fourth Quarter 2023

SEATTLE--(BUSINESS WIRE)--Coupang Announces Results for Fourth Quarter 2023.

3 months ago - Business Wire

Maverick Capital cuts stake in top holding Coupang and piles into U.S. airlines and energy firms

Maverick Capital cut its stake in its top holding, Coupang, by 5.22% in the final quarter of 2023 and instead upped its stake in the South Korean e-commerce company's main U.S. rival Amazon.com while ...

4 months ago - Market Watch

Coupang to Announce Fourth Quarter 2023 Results on February 27, 2024

SEATTLE--(BUSINESS WIRE)--Coupang to Announce Fourth Quarter 2023 Results on February 27, 2024.

4 months ago - Business Wire

Farfetch Rushes To Finalize Sale To Coupang

Farfetch just announced it has sold all of its business and assets through a pre-pack administration process effective January 30, 2024. The deal was done through a Coupang Inc. owned entity named Sur...

4 months ago - Forbes

Noteholder group response to pre-pack sale of Farfetch to Coupang

LONDON--(BUSINESS WIRE)--The 2027 Ad Hoc Group (the Group), holding over 50% of Farfetch's 3.75% Convertible Senior Notes due 2027 and formed to explore options over the proposed acquisition of Farfet...

4 months ago - Business Wire

Coupang Completes Acquisition of Farfetch

SEATTLE & LONDON--(BUSINESS WIRE)--Coupang, Inc. announced today that it has completed the acquisition of the assets of global online luxury company Farfetch Holdings plc. By providing access to $500M...

4 months ago - Business Wire

Investors Unite To Derail Coupang's Acquisition Of Farfetch

A group of investors are pushing back against the proposed sale of Farfetch FTCH , the luxury fashion marketplace and technology platform, to the South Korea-based e-commerce marketplace company Coupa...

5 months ago - Forbes

Noteholder group mobilizes to challenge Coupang deal to buy Farfetch

LONDON--(BUSINESS WIRE)--The 2027 Ad Hoc Group (the Group) announced today it has formed to explore options over the proposed acquisition of the Farfetch business by Coupang. The Group is comprised of...

5 months ago - Business Wire

Coupang Will Soon Discover Farfetch's Luxury Marketplace Is A Loser

Farfetch Holdings, the online luxury marketplace and technology platform, reached the precipice of insolvency in the third quarter. A last-minute $500 million bridge loan from the $21 billion South Ko...

6 months ago - Forbes

Can Coupang's $500 Million Lifeline Save Farfetch From Falling out of Fashion?

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has...

6 months ago - PYMNTS

Farfetch Acquired by Korean eCommerce Giant Coupang

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering Farfetch $...

6 months ago - PYMNTS

E-commerce giant Coupang to buy online luxury firm Farfetch

New York-listed e-commerce giant Coupang plans to buy Farfetch Holdings in a deal that will provide the struggling online luxury fashion retailer with $500 million in capital to stay in operation, the...

6 months ago - Reuters

Coupang just came to rescue Farfetch

Trading in Farfetch Ltd (NYSE: FTCH) has been halted on Monday after Coupang Inc (NYSE: CPNG) confirmed plans of buying its “business and assets”.   Farfetch will get emergency funding The agreement i...

6 months ago - Invezz

Farfetch $500m Lifeline As Coupang Swoops To Buy Online Retailer

U.K.-based Farfetch FTCH Holdings is to be acquired by South Korean Coupang Inc. in a deal that will give Farfetch access to $500 million of emergency capital.

6 months ago - Forbes

Coupang to Acquire the Business and Assets of Farfetch Holdings, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment

SEATTLE & SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Coupang to Acquire the Business and Assets of Farfetch Holdings, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment.

6 months ago - Business Wire

Coupang Reports Strong Growth and Profitability in Q3

Coupang has reported strong financial results for the third quarter of 2023. The company's net revenues reached $6.2 billion, with a year-over-year growth of 21% on a reported basis and 18% on an FX-n...

7 months ago - PYMNTS

Coupang Announces Results for Third Quarter 2023

SEATTLE--(BUSINESS WIRE)--Coupang Announces Results for Third Quarter 2023.

7 months ago - Business Wire

Coupang to Announce Third Quarter 2023 Results on November 7, 2023

SEATTLE--(BUSINESS WIRE)--Coupang to Announce Third Quarter 2023 Results on November 7, 2023.

8 months ago - Business Wire