Coupang, Inc. (CPNG) Faces Class Action for Failing to Disclose Cybersecurity Breach Impacting Stock Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: PRnewswire
- Class Action Initiated: Robbins LLP reminds all investors who purchased Coupang (NYSE:CPNG) securities between April 6, 2025, and December 16, 2025, that a class action has been filed to protect shareholder rights and seek compensation.
- Cybersecurity Incident Exposed: The complaint alleges that Coupang failed to disclose inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months, thereby exposing the company to heightened regulatory and legal scrutiny.
- Stock Price Impact: Following the revelation of the breach, Coupang's stock price significantly declined, directly harming investors and highlighting the company's major failure in information disclosure practices.
- Legal Consequences and Action Advice: Shareholders can contact Robbins LLP to participate in the class action as lead plaintiffs representing other shareholders; those who choose not to participate can still retain their rights to recovery, indicating a pressing need for improved corporate governance.
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: 20.480
Low
22.00
Averages
33.83
High
40.00
Current: 20.480
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.
