Coupang Stock Has 16% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
fee . Despite these gains, which have added to the stock's steady climb in 2024, Coupang may still offer 16% upside over the next year, according to Citi analyst John Yu. I recently listed four reasons why Coupang is a buy -- before Yu hiked his price target to $26 and upgraded the stock to buy -- and I can't help but agree with him. Coupang's ample funding for its growth ambitions Coupang Wow members will now receive free shipping, 30-day returns, grocery delivery, discounts on restaurant orders and deliveries, and streaming content for approximately $6 per month. Though the $2 price increase sounds diminutive, spread across the company's 14 million Wow members, it packs a punch. Yu believes the price increase will create $400 million in additional earnings before interest, taxes, depreciation, and amortization ( EBITDA) annually, reinforcing management's focus on improving margins. Coupang's net profit margin has improved sequentially in seven of the last eight quarters, ris
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News
- Nearly 50% of Billionaire Stanley Druckenmiller's Portfolio Is Invested in These 4 Stocks [Yahoo! Finance]Yahoo! Finance
- Coupang, Inc. (CPNG) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Frasers Group Buys Back Matches' Intellectual Property, But Not the Stock [Yahoo! Finance]Yahoo! Finance
- Coupang, Inc. (CPNG) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- 1 Spectacular Growth Stock Down 56% to Buy Hand Over Fist [Yahoo! Finance]Yahoo! Finance
CPNG
Earnings
- 2/27/24 - Beat
CPNG
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- CPNG's page on the SEC website