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0.000276701715550581 0.00166021029330388 0.00193691200885446 0.00166021029330388 0.00442722744881028 0.0166021029330382 0.0166021029330382 0.0166021029330382
Stock impact report

Rates Coupang Buy Despite Slowing E-Commerce Growth [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
fourth-quarter earnings, Bernstein SocGen Group reiterated its Underperform rating and $17 price target for the company on March 2. Coupang, Inc. (NYSE:CPNG) revealed a revenue of $8.8 billion, up 11% year-over-year and 14% in constant currency. Meanwhile, operating profit came in at $8 million, down significantly from the previous year. After accounting for 2024 one-time factors, the company's gross profit margin was 28.8%, down 100 basis points from the previous year. EBITDA losses in Developing Offerings also rose to $300 million, up $182 million year-over-year. Active consumers totaled 24.6 million, representing a 0.4% decrease from the previous quarter. Meanwhile, BofA Securities reduced its price target for Coupang, Inc. (NYSE:CPNG) from $32 to $28 while retaining a Buy rating on the company's shares. The adjustment was driven by Coupang's slower growth in product commerce constant-currency revenue, which climbed by 12% vs 18% in the prior year. Coupang, Inc. (NYSE:CPNG) i Show less Read more
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