Based on the provided data and current market conditions, here's a concise analysis of CPNG stock:
Technical Analysis
The stock closed at $22.56 on January 24, 2025, showing a positive regular market movement of +2.55%. The stock is currently trading near its Fibonacci resistance level of $22.68, with support at $21.39 .
Fundamental Analysis
According to recent analysis, Coupang demonstrates strong growth potential as South Korea's leading e-commerce platform. The company has shown impressive revenue growth and is successfully expanding into new markets like Taiwan. With a market cap of $40.3 billion and trailing-12-month adjusted earnings per share of $0.24, the company is showing signs of improving profitability.
Recent Developments
- Revenue grew 27% year-over-year in Q3 2024
- Successful expansion into Taiwan market with 347% YoY growth in developing offerings segment
- Analysts expect 2025 revenue to reach $35.3 billion
Analyst Opinion
Citigroup maintains a Strong Buy rating with a price target of $28, suggesting a 25.62% upside potential. The analyst believes Q4 growth and margins will be similar to Q3 performance .
Based on the technical and fundamental analysis, CPNG appears to be a BUY at current levels. The company shows strong growth momentum, successful market expansion, and improving profitability metrics.