CPNG Stock Price and Chart NYSE:CPNG

Thanks to its legions of loyal customers, Coupang has doubled its sales since its initial public offering (IPO) in March 2020, and it broke even on the bottom line in 2023. I’m paying 30x forward free cash flow for Coupang, Inc.’s mature How to buy ecp crypto Product segment, but the Developing Offerings segment adds massive potential upside. Coupang (CPNG) stock price has done well this year, rising by 56% since January, beating popular indices like the Nasdaq 100, S&P 500, and the Dow Jones. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

1. SEOUL–(BUSINESS WIRE)–UGREEN, a global tech brand renowned for its innovative technology and user-centric products, has officially launched its store on Coupang, one of South Korea’s leading e-comme…
2. It recently acquired the beleaguered luxury goods platform Farfetch for $500 million.
3. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
4. Coupang, Inc, together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea.
5. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Investors Will Want Coupang’s (NYSE:CPNG) Growth In ROCE To Persist

Coupang’s subscription membership program, Rocket Wow, grew by 27% in 2023 to over 14 million paying users — roughly two-thirds of its active customer count. Coupang may have a natural advantage compared to its e-commerce peers in other countries due to South Korea’s high population density. With a population density 15 times higher than the United States, South Korea is almost tailor-made for e-commerce since physical retail space is hard to find and expensive. SEOUL–(BUSINESS WIRE)–UGREEN, a global tech brand renowned for its innovative technology and user-centric products, has officially launched its store on Coupang, one of South Korea’s leading e-comme…

This rapid growth seems to be a testament how to make money in stocks to the broader ecosystem Coupang provides to its sellers and highlights the value of its offerings. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. Compared to the Zacks Consensus Estimate of $7.84 billion, the reported revenues represent a surprise of +0.37%.

Billionaire Investor Stanley Druckenmiller Is Betting Over $275 Million on the Long-Term Potential of This Growth Stock

Rather than focusing on anything else, we alpari review at Zacks prioritize evaluating the change in a company’s earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Coupang scored higher than 85% of companies evaluated by MarketBeat, and ranked 71st out of 208 stocks in the retail/wholesale sector.

Overlooked Stock: CPNG

Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company’s potential revenue growth is crucial. For the current quarter, Coupang is expected to post break-even earnings per share, indicating a change of -100% from the year-ago quarter.

However, I’d argue that this valuation looks quite reasonable, considering the company’s rising free cash flow margin (now 10%) and its 2% net income margin (adjusted for a one-off tax benefit). Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Coupang is $27.56, with a high forecast of $32.00 and a low forecast of $21.00. Coupang reported revenues of $7.87 billion in the last reported quarter, representing a year-over-year change of +27.2%.

Over the previous 90 days, Coupang’s stock had 2 upgrades by analysts. According to analysts, Coupang’s stock has a predicted upside of 10.44% based on their 12-month stock forecasts. Coupang, Inc. (CPNG) has recently been on Zacks.com’s list of the most searched stocks. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Company Insights: CPNG

The Zacks Consensus Estimate has changed -100% over the last 30 days. Based on this 6% figure and the company’s P/S ratio of 1.4,  Coupang could be said to trade at roughly 23 times earnings, which is lower than the S&P 500 index’s average of 25. Given that it grew sales by 20% in 2023 and that analysts are expecting 17% growth this year, Coupang’s valuation could prove to be too cheap.

Without considering a stock’s valuation, no investment decision can be efficient. In predicting a stock’s future price performance, it’s crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company’s growth prospects. The consensus earnings estimate of -$0.03 for the current fiscal year indicates a year-over-year change of -111.5%.

Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer. Growing its active customers, sales, and gross profits by 12%, 25%, and 41% during the second quarter of 2024, Coupang continued its lengthy run of above-average growth and steady margin improvements. While the market initially reacted negatively to the company’s results as it slightly missed analysts’ sales expectations, Coupang shares have risen over 10% across the last two days.

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