Coupang Faces Class Action Over Data Breach Affecting 33.7M Accounts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Class Action Initiated: Coupang, Inc. (NYSE:CPNG) is facing a class action lawsuit for alleged securities fraud during the period from August 6 to December 16, 2025, with investors able to seek lead plaintiff status by February 17, 2026, indicating significant legal risks that could impact the company's reputation.
- Data Breach Impact: The lawsuit centers on a major data breach affecting approximately 33.7 million customer accounts, involving unauthorized access to personal information, which has resulted in investor losses as the truth emerged, highlighting serious deficiencies in the company's data security and internal controls.
- Stock Price Volatility: Following media reports and regulatory investigations, Coupang's stock price declined on several dates, reflecting a severe loss of market confidence in the company's governance and compliance, which could affect its future financing capabilities.
- Legal Consequences: Wolf Haldenstein Adler Freeman & Herz LLP, the plaintiff's law firm, emphasizes its extensive experience in securities litigation, potentially increasing legal pressure on Coupang and further impacting its market performance and investor confidence.
CPNG
$24.27+Infinity%1D
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 37.50 USD with a low forecast of 32.00 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
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 22.800
Low
32.00
Averages
37.50
High
40.00
Current: 22.800
Low
32.00
Averages
37.50
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.
