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The Latest Breaking News from Coupang

Coupang: Q1 Earnings Insights

Coupang (NYSE:CPNG) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Coupang beat estimated earnings by 29.41%, reporting an EPS of $-0.12 versus an estimate of $-0.17.

Coupang Shares Soar Afterhours On Q1 Results, Clocks 22% Revenue Growth

Coupang Shares Soar Afterhours On Q1 Results, Clocks 22% Revenue Growth

Coupang Inc (NYSE:CPNG) reported first-quarter revenue growth of 22% year-over-year to $5.12 billion, +32% on a constant currency basis, missing the consensus of $5.25 billion. Active customers increased by 13% Y/Y, and total net revenues per Active Customer improved by 8% Y/Y to $283. The total gross profit was $1.04 billion (+42%…

Earnings Preview For Coupang

Earnings Preview For Coupang

Coupang (NYSE:CPNG) is set to give its latest quarterly earnings report on Wednesday, 2022-05-11. Here's what investors need to know before the announcement. Analysts estimate that Coupang will report an earnings per share (EPS) of $-0.17.

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Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

Analyzing Coupang's Short Interest

Coupang's (NYSE:CPNG) short percent of float has fallen 38.11% since its last report. The company recently reported that it has 30.01 million shares sold short, which is 3.15% of all regular shares that are available for trading.

Coupang Shares Gain Following Goldman Sachs' Rating Upgrade

Goldman Sachs analyst Eric Cha upgraded Coupang Inc (NYSE:CPNG) to Conviction Buy from Buy with a price target of $37, down from $52. The price target implies an upside of 108.5%. The rising rates, industry growth deceleration on high comps, and COVID induced capacity issues, which have weighed on the stock price since the second…

Should You Buy the Dip in Coupang?

The shares of South Korea-based e-commerce giant Coupang (CPNG) were crushed recently after its largest shareholder sold CPNG shares worth $1 billion. Furthermore, challenges related to high costs and rising local competition make the company’s growth prospects gloomy. Also, given that CPNG has not been able to improve its profitability,…

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Check Out What Whales Are Doing With CPNG

Check Out What Whales Are Doing With CPNG

A whale with a lot of money to spend has taken a noticeably bullish stance on Coupang. Looking at options history for Coupang (NYSE:CPNG) we detected 12 strange trades.

SoftBank's $1B Block Sale Is Causing Coupang's Meltdown

SoftBank's $1B Block Sale Is Causing Coupang's Meltdown

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…

PlantFuel Expands Distribution into East Asia with the Largest E-Commerce Retailer in South Korea Coupang

Plant-based wellness brand PlantFuel continues its global expansion through international distribution partnership with Coupang

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