Coupang Inc has a consensus price target of $25.31 based on the ratings of 17 analysts. The high is $37 issued by Goldman Sachs on April 8, 2022. The low is $16.4 issued by CLSA on August 16, 2022. The 3 most-recent analyst ratings were released by Bernstein, CLSA, and Morgan Stanley on October 7, 2024, September 4, 2024, and June 26, 2024, respectively. With an average price target of $29.33 between Bernstein, CLSA, and Morgan Stanley, there's an implied 21.72% upside for Coupang Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Coupang (NYSE:CPNG) was reported by Bernstein on October 7, 2024. The analyst firm set a price target for $30.00 expecting CPNG to rise to within 12 months (a possible 24.48% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Coupang (NYSE:CPNG) was provided by Bernstein, and Coupang upgraded their outperform rating.
The last upgrade for Coupang Inc happened on October 7, 2024 when Bernstein raised their price target to $30. Bernstein previously had an underperform for Coupang Inc.
The last downgrade for Coupang Inc happened on January 16, 2024 when Citigroup changed their price target from N/A to N/A for Coupang Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Coupang, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Coupang was filed on October 7, 2024 so you should expect the next rating to be made available sometime around October 7, 2025.
While ratings are subjective and will change, the latest Coupang (CPNG) rating was a upgraded with a price target of $0.00 to $30.00. The current price Coupang (CPNG) is trading at is $24.10, which is within the analyst’s predicted range.
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