In the last trading session, 6.51 million shares of the Coupang Inc (NYSE:CPNG) were traded, and its beta was 1.15. Most recently the company’s share price was $28.34, and it changed around $0.24 or 0.85% from the last close, which brings the market valuation of the company to $51.45B. CPNG currently trades at a discount to its 52-week high of $29.12, offering almost -2.75% off that amount. The share price’s 52-week low was $18.16, which indicates that the current value has risen by an impressive 35.92% since then.
Coupang Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 18 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 3 recommended CPNG as a Hold, whereas 8 deemed it a Buy, and 1 rated it as Underweight. Coupang Inc is expected to report earnings per share of 0.06 for the current quarter.
Coupang Inc (NYSE:CPNG) trade information
Instantly CPNG has showed a green trend with a performance of 0.85% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 28.59 on recent trading dayincreased the stock’s daily price by 0.87%. The company’s shares are currently up 28.94% year-to-date, but still down -0.46% over the last five days. On the other hand, Coupang Inc (NYSE:CPNG) is 5.59% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $35, which translates to bulls needing to increase their stock price by 19.03% from its current value. Analyst projections state that CPNG is forecast to be at a low of $35 and a high of $35.
Coupang Inc (CPNG) estimates and forecasts
The year-over-year growth rate is expected to be 12.97%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 8.31B in revenue for the current quarter. 6 analysts expect Coupang Inc to make 8.83B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.32B and 7.87B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 13.42%. Forecasts for the next quarter put sales growth at 12.25%.
Coupang Inc earnings are expected to increase by 288.16% in 2025, but the outlook is positive 131.46% per year for the next five years.
CPNG Dividends
Coupang Inc’s next quarterly earnings report is expected to be released on 2025-May-05.
Coupang Inc (NYSE:CPNG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.64% of Coupang Inc shares, and 82.66% of them are in the hands of institutional investors. The stock currently has a share float of 83.19%. Coupang Inc stock is held by 839.0 institutions, with SB INVESTMENT ADVISERS (UK) LTD being the largest institutional investor. By 2024-06-30, it held 19.5384% of the shares, which is about 349.54 million shares worth $7.32 billion.
BAILLIE GIFFORD & CO, with 9.578% or 171.35 million shares worth $3.59 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
