Coupang Faces Class Action Lawsuit Over Data Breach
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Coupang, alleging securities fraud and other unlawful business practices, with investors required to apply as Lead Plaintiff by February 17, 2026.
- Data Breach Fallout: Coupang acknowledged a breach affecting 33.7 million customer accounts on November 30, 2025, resulting in a 5.36% stock price drop to $26.65 on December 1, 2025, highlighting the financial repercussions of security failures.
- CEO Resignation Impact: Following the CEO's resignation on December 10, 2025, due to the data breach, Coupang's stock fell another 3.2% to $26.06, indicating a significant loss of investor confidence in leadership.
- Regulatory Investigation Findings: On December 16, 2025, Coupang disclosed to the SEC that a former employee may have accessed personal information of 33 million customers, leading to a 2.03% decline in stock price to $22.72, underscoring serious compliance concerns among investors.
Analyst Views on CPNG
Wall Street analysts forecast CPNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPNG is 33.83 USD with a low forecast of 22.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 19.570
Low
22.00
Averages
33.83
High
40.00
Current: 19.570
Low
22.00
Averages
33.83
High
40.00
About CPNG
Coupang, Inc. is a technology company that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands, such as Coupang, Coupang Eats, Coupang Play, Farfetch, and Rocket Now. Through its AI cloud computing service as Coupang Intelligent Cloud (CIC), it enhances its services and operations and provides GPU-as-a-Service (GPUaaS), including to external parties. Its Product Commerce segment includes its core Korean retail (owned inventory) and marketplace offerings (third-party merchants) and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. Its Developing Offerings include Coupang Eats, its restaurant ordering and delivery service in Korea, Coupang Play, an online content streaming service in Korea, fintech, its retail operations in Taiwan, as well as advertising products associated with these offerings, and also include Farfetch, its global luxury fashion marketplace.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
