Coupang Inc [NYSE: CPNG] stock went on an upward path that rose over 1.33% on Friday, amounting to a one-week price decrease of less than -0.65%.
Over the last 12 months, CPNG stock rose by 49.66%. The one-year Coupang Inc stock forecast points to a potential upside of 17.39. The average equity rating for CPNG stock is currently 1.53, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $44.33 billion, with 1.62 billion shares outstanding and 1.19 billion shares in the current float. Compared to the average trading volume of 7.19M shares, CPNG stock reached a trading volume of 13133080 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Coupang Inc [CPNG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPNG shares is $29.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPNG stock is a recommendation set at 1.53. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Coupang Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, CLSA raised their target price from $18 to $31. The new note on the price target was released on September 04, 2024, representing the official price target for Coupang Inc stock. Previously, the target price had yet another raise to $26, while UBS analysts kept a Buy rating on CPNG stock.
The Average True Range (ATR) for Coupang Inc is set at 0.81, with the Price to Sales ratio for CPNG stock in the period of the last 12 months amounting to 1.54. The Price to Book ratio for the last quarter was 10.43, with the Price to Cash per share for the same quarter was set at 3.27. Price to Free Cash Flow for CPNG in the course of the last twelve months was 48.72 with Quick ratio for the last quarter at 0.86.
CPNG Stock Performance Analysis:
Coupang Inc [CPNG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.65. With this latest performance, CPNG shares dropped by -5.04% in over the last four-week period, additionally plugging by 8.81% over the last 6 months – not to mention a rise of 49.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPNG stock in for the last two-week period is set at 46.11, with the RSI for the last a single of trading hit 45.05, and the three-weeks RSI is set at 47.61 for Coupang Inc [CPNG]. The present Moving Average for the last 50 days of trading for this stock 24.99, while it was recorded at 24.17 for the last single week of trading, and 21.81 for the last 200 days.
Insight into Coupang Inc Fundamentals:
Coupang Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 1.13.
CPNG Stock EPS
With the latest financial reports released by the company, Coupang Inc posted 0.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CPNG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Coupang Inc go to 0.70%.
Coupang Inc [CPNG] Institutonal Ownership Details
There are presently around $84.91%, or 85.59%% of CPNG stock, in the hands of institutional investors. The top three institutional holders of CPNG stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 349.54 million shares, which is approximately 19.484%. BAILLIE GIFFORD & CO, holding 171.35 million shares of the stock with an approximate value of $$3.59 billion in CPNG stocks shares; and BAILLIE GIFFORD & CO, currently with $$1.8 billion in CPNG stock with ownership which is approximately 4.7874%.
