Coupang (NYSE:CPNG) Shares Gap Up – Still a Buy?

Posted by Francis Steltz on Jun 13th, 2026

Coupang, Inc. (NYSE:CPNG – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $15.12, but opened at $16.36. Coupang shares last traded at $16.3780, with a volume of 11,666,213 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CPNG. Deutsche Bank Aktiengesellschaft downgraded shares of Coupang from a “buy” rating to a “hold” rating and set a $23.00 target price for the company. in a research report on Wednesday, May 6th. Weiss Ratings cut shares of Coupang from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Nomura dropped their price objective on shares of Coupang from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Wall Street Zen lowered shares of Coupang from a “hold” rating to a “strong sell” rating in a report on Saturday, March 14th. Finally, Citigroup lowered shares of Coupang from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $23.00 to $22.20 in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $26.92.

Get Our Latest Research Report on Coupang

Coupang Price Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.76 and a current ratio of 0.97. The company has a market capitalization of $30.26 billion, a PE ratio of -187.28 and a beta of 1.12. The company’s 50-day simple moving average is $18.01 and its 200-day simple moving average is $20.17.

Coupang (NYSE:CPNG – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.06). Coupang had a negative return on equity of 3.67% and a negative net margin of 0.47%.The business had revenue of $8.50 billion for the quarter, compared to analysts’ expectations of $8.48 billion. During the same period in the previous year, the business posted $0.06 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Coupang, Inc. will post -0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Coupang by 343.5% in the 3rd quarter. Vanguard Group Inc. now owns 28,595,825 shares of the company’s stock worth $920,786,000 after acquiring an additional 22,147,432 shares during the period. Norges Bank purchased a new stake in Coupang in the fourth quarter valued at approximately $498,333,000. Assenagon Asset Management S.A. lifted its position in Coupang by 1,394.1% during the first quarter. Assenagon Asset Management S.A. now owns 17,117,583 shares of the company’s stock valued at $323,180,000 after buying an additional 15,971,942 shares in the last quarter. Tiger Global Management LLC lifted its position in shares of Coupang by 65.9% during the fourth quarter. Tiger Global Management LLC now owns 26,267,259 shares of the company’s stock worth $619,645,000 after purchasing an additional 10,429,680 shares in the last quarter. Finally, Capital International Investors lifted its position in shares of Coupang by 20.4% during the fourth quarter. Capital International Investors now owns 41,131,036 shares of the company’s stock worth $970,340,000 after purchasing an additional 6,977,942 shares in the last quarter. 83.72% of the stock is owned by hedge funds and other institutional investors.

Coupang Company Profile

(Get Free Report)

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.