Coupang, Inc. (CPNG)

NYSE: CPNG · IEX Real-Time Price · USD
16.19
-0.18 (-1.10%)
At close: Dec 29, 2023, 4:00 PM
16.14
-0.05 (-0.31%)
After-hours: Dec 29, 2023, 7:52 PM EST
-1.10%
Market Cap 28.94B
Revenue (ttm) 23.15B
Net Income (ttm) 429.41M
Shares Out 1.79B
EPS (ttm) 0.24
PE Ratio 67.46
Forward PE 40.08
Dividend n/a
Ex-Dividend Date n/a
Volume 3,718,599
Open 16.30
Previous Close 16.37
Day's Range 16.11 - 16.44
52-Week Range 12.67 - 19.99
Beta 1.18
Analysts Hold
Price Target 20.38 (+25.88%)
Earnings Date Feb 27, 2024

About CPNG

Coupang, Inc., together with its subsidiaries owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. The company operates through two segments, Product Commerce and Developing Offerings. 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. The company also offers Rocket Fresh... [Read more]

Industry Internet Retail
IPO Date Mar 11, 2021
Employees 63,000
Stock Exchange NYSE
Ticker Symbol CPNG
Full Company Profile

Financial Performance

In 2022, Coupang's revenue was $20.58 billion, an increase of 11.82% compared to the previous year's $18.41 billion. Losses were -$92.04 million, -94.03% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CPNG stock is "Hold." The 12-month stock price forecast is $20.38, which is an increase of 25.88% from the latest price.

Price Target
$20.38
(25.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 day 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...

12 days 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 $...

12 days 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...

13 days 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...

13 days 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.

13 days 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.

13 days 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 weeks ago - PYMNTS

Coupang Announces Results for Third Quarter 2023

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

7 weeks 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.

2 months ago - Business Wire

SUIC's IHart Bags Big Orders - Top 3 E-Commerce Platforms With Over 70 Million Monthly Visits, Leading Convenience Stores 7-Eleven & Family Mart With 8000 Outlets, a Government Agency, a TV Network, Hotels, Supplier Channels and More

NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / October 3, 2023 / SUIC Worldwide Holdings Ltd. (OTC PINK:SUIC) today announced that its partner IHart received substantial orders from the top-3 e-commer...

3 months ago - Accesswire

Taking a Closer Look at Lee Ainslie and Coupang

It is hard to follow Lee Ainslie (Trades, Portfolio)'s trades since he has nearly 400 positions. Which is why you have to ask why did Maverick Capital allocate so much of its portfolio Coupang Inc. ( ...

3 months ago - GuruFocus

A Closer Look at Coupang

Coupang Inc. ( CPNG , Financial) is a leading e-commerce company that is often referred to as the “Amazon of South Korea.” The business has experienced tremendous growth over the past several years.

4 months ago - GuruFocus

Coupang to ramp up investment in Taiwan after four quarters of profits

Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Coupang was the most downloaded app in the second qua...

5 months ago - TechCrunch

Coupang Announces Results for Second Quarter 2023

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--Coupang Announces Results for Second Quarter 2023.

5 months ago - Business Wire

Coupang to Announce Second Quarter 2023 Results on August 8, 2023

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--Coupang to Announce Second Quarter 2023 Results on August 8, 2023.

5 months ago - Business Wire

Coupang says no plans to enter India

Coupang doesn't plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South Asian n...

7 months ago - TechCrunch

Coupang Announces Results for First Quarter 2023

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--Coupang Announces Results for First Quarter 2023.

8 months ago - Business Wire

Coupang to Announce First Quarter 2023 Results on May 9, 2023

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--Coupang to Announce First Quarter 2023 Results on May 9, 2023.

8 months ago - Business Wire

Analyst discusses 'the problem with Coupang as a stock'

Seungjoo Ro of CLSA says e-commerce firm Coupang is "priced in as a growth stock, and we are wondering where that growth will come from."

10 months ago - CNBC International TV

Coupang Announces Results for Fourth Quarter 2022

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--Coupang, Inc. (NYSE: CPNG) today announced financial results for its fourth quarter ended December 31, 2022.

10 months ago - Business Wire

Coupang to Announce Fourth Quarter 2022 Results on February 28, 2023

SEATTLE & SEOUL, South Korea--(BUSINESS WIRE)--COUPANG TO ANNOUNCE FOURTH QUARTER 2022 RESULTS ON FEBRUARY 28, 2023

11 months ago - Business Wire

Inside Coupang's AI-Powered Fulfillment Center

Coupang, the South Korean e-commerce pioneer, is rolling out an army of robots at fulfillment centers in a bid to reach profitability. The company has invested $260 million at its newest operation in ...

11 months ago - Bloomberg Markets and Finance

Coupang Stock And Why You Should Care

Coupang is on the move again and may go higher if the market can follow through on the latest move. Results are good and profits are here.

1 year ago - MarketBeat

'South Korea's Amazon' Coupang swings to surprise profit, stock rallies more than 7%

Coupang Inc. CPNG, -7.02% shares rose nearly 8% in the extended session Wednesday after the South Korean e-commerce giant swung to a surprise profit in its third quarter. Coupang earned $91 million, o...

1 year ago - Market Watch