Coupang, Inc. Faces Class Action Lawsuit; Investors Must Apply by February 17
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Class Action Reminder: Kahn Swick & Foti LLC reminds investors who purchased Coupang stock between May 7, 2025, and December 16, 2025, to file lead plaintiff applications by February 17, 2026, to participate in the securities class action lawsuit, which could impact their ability to recover economic losses.
- Legal Allegations Overview: Coupang and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, including not reporting a data breach that exposed sensitive customer information, potentially leading to regulatory scrutiny and negatively affecting the company's reputation and stock price.
- Data Breach Risks: The lawsuit highlights inadequate cybersecurity protocols at Coupang that allowed a former employee to access sensitive customer data for nearly six months undetected, increasing legal risks and potentially diminishing investor confidence, which could adversely affect the company's future market performance.
- Litigation Progress: The first case is Barry v. Coupang, Inc., case number 25-cv-10795, with a subsequent case, Lee v. Coupang, Inc., expanding the class period, reflecting ongoing concerns about corporate governance and transparency that may impact the company's future legal and financial standing.
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: 21.250
Low
32.00
Averages
37.50
High
40.00
Current: 21.250
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.
