Coupang Inc (NYSE: CPNG)’s Stock Performance and Outlook

In the latest trading session,, 1.29 million Coupang Inc (NYSE:CPNG) shares changed hands as the company’s beta touched 1.12. With the company’s most recent per share price at $22.62 changed hands at -$0.19 or -0.83% at last look, the market valuation stands at $40.44B. CPNG’s current price is a discount, trading about -5.08% off its 52-week high of $23.77. The share price had its 52-week low at $13.51, which suggests the last value was 40.27% up since then. When we look at Coupang Inc’s average trading volume, we note the 3-month average coming to 14.37 million.

Coupang Inc (NYSE:CPNG) trade information

Instantly CPNG was in red as seen in intraday trades today. With action -1.48%, the performance over the past five days has been red. The drop to weekly highs of 23.20 subtracted -0.83% to the stock’s daily price. The company’s shares are showing year-to-date upside of 39.72%, with the 5-day performance at -1.48% in the red. However, in the 30-day time frame, Coupang Inc (NYSE:CPNG) is -2.08% down.

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Coupang Inc (CPNG) estimates and forecasts

Data shows that the Coupang Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 39.72% over the past 6 months, a -7.69% in annual growth rate that is considerably lower than the industry average of 21.60%. Year-over-year growth is forecast to reach 24.30% up from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 7.51B. 6 analysts are of the opinion that Coupang Inc’s revenue for the current quarter will be 7.9B. The estimates for the next quarter sales put growth at 33.00%.

The 2024 estimates are for Coupang Inc earnings to decrease by -77.75%, but the outlook for the next 5-year period is at 0.70% per year.

CPNG Dividends

Coupang Inc is expected to release its next quarterly earnings report in June.