Coupang Inc [CPNG] stock prices are up 1.98% to $23.15 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CPNG shares have gain 4.33% over the last week, with a monthly amount glided 1.27%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Coupang Inc [NYSE: CPNG] stock has seen the most recent analyst activity on October 07, 2024, when Bernstein upgraded its rating to a Outperform but kept the price target unchanged to $30 for it. Previously, CLSA upgraded its rating to Outperform on September 04, 2024, and elevated its price target to $31. On May 16, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $26 on the stock. Citigroup upgraded its rating to a Buy and raised its price target to $26 on April 15, 2024. Deutsche Bank upgraded its rating to Buy for this stock on February 29, 2024, and upped its price target to $21. In a note dated January 16, 2024, Citigroup downgraded an Neutral rating on this stock and revised its target price from $20 to $17.
The stock price of Coupang Inc [CPNG] has been fluctuating between $13.51 and $26.91 over the past year. Currently, Wall Street analysts expect the stock to reach $28.13 within the next 12 months. Coupang Inc [NYSE: CPNG] shares were valued at $23.15 at the most recent close of the market. An investor can expect a potential return of 21.51% based on the average CPNG price forecast.
Analyzing the CPNG fundamentals
The Coupang Inc [NYSE:CPNG] reported sales of 28.86B for trailing twelve months, representing a surge of 27.21%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.25 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.96.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.80 points at the first support level, and at 22.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.37, and for the 2nd resistance point, it is at 23.60.
Ratios To Look Out For
It’s worth pointing out that Coupang Inc [NYSE:CPNG]’s Current Ratio is 1.13. Also, the Quick Ratio is 0.86, while the Cash Ratio stands at 0.71. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 9.93 and price to earnings (TTM) ratio is 40.75.
Transactions by insiders
Recent insider trading involved Kolari Pranam, VP, Search and Recommendations, that happened on Jan 02 ’25 when 775.0 shares were sold. affiliate, Pranam Kolari completed a deal on Jan 02 ’25 to buy 775.0 shares. Meanwhile, CEO and Chairman Kim Bom sold 15.0 million shares on Nov 11 ’24.
