Coupang Inc (NYSE:CPNG) – Analysts See The Stock Differently Today

In today’s recent session, 2.48 million shares of the Coupang Inc (NYSE:CPNG) have been traded, and its beta is 1.12. Most recently the company’s share price was $21.83, and it changed around -$0.7 or -3.11% from the last close, which brings the market valuation of the company to $39.03B. CPNG at last check was trading at a discount to its 52-week high of $23.77, offering almost -8.89% off that amount. The share price’s 52-week low was $13.51, which indicates that the recent value has risen by an impressive 38.11% since then. We note from Coupang Inc’s average daily trading volume that its 3-month average coming to 13.68 million.

Coupang Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 1.72. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended CPNG as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight. Coupang Inc is expected to report earnings per share of 0.01 for the current quarter.

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Coupang Inc (NYSE:CPNG) trade information

Instantly CPNG has been showing red trend so far today with a performance of -3.11% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 34.84% year-to-date, but still down -4.30% over the last five days. On the other hand, Coupang Inc (NYSE:CPNG) is -5.09% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $18.28, which translates to bulls needing to decrease their stock price by -19.42% from its current value. Analyst projections state that CPNG is forecast to be at a low of $10.2 and a high of $27.8.

Coupang Inc (CPNG) estimates and forecasts

Coupang Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 38.16 percent over the past six months and at a -7.69% annual growth rate that is well below the industry average of 19.40%. The year-over-year growth rate is expected to be 24.70%, up from the previous year.

Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 7.51B in revenue for the current quarter. 6 analysts expect Coupang Inc to make 7.9B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 33.00%.

Coupang Inc earnings are expected to increase by -80.49% in 2024, but the outlook is positive 0.70% per year for the next five years.

CPNG Dividends

Coupang Inc’s next quarterly earnings report is expected to be released in July.