Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Coupang (NYSE:CPNG) in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 2 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Coupang, presenting an average target of $25.86, a high estimate of $32.00, and a low estimate of $21.00. This current average has increased by 19.89% from the previous average price target of $21.57.
Breaking Down Analyst Ratings: A Detailed Examination
The analysis of recent analyst actions sheds light on the perception of Coupang by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jennifer Han | UBS | Raises | Buy | $26.00 | $18.50 |
| Jiong Shao | Barclays | Raises | Overweight | $32.00 | $25.00 |
| John Yu | Citigroup | Raises | Buy | $28.00 | $26.00 |
| James Lee | Mizuho | Raises | Neutral | $23.00 | $20.00 |
| John Yu | Citigroup | Raises | Buy | $26.00 | $19.00 |
| John Shao | Barclays | Raises | Overweight | $25.00 | $24.00 |
| Peter Milliken | Deutsche Bank | Raises | Buy | $21.00 | $18.50 |
Key Insights:
Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they ‘Maintain’, ‘Raise’ or ‘Lower’ their stance, it reflects their reaction to recent developments related to Coupang. This information offers a snapshot of how analysts perceive the current state of the company.
Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from ‘Outperform’ to ‘Underperform’. These ratings reflect expectations for the relative performance of Coupang compared to the broader market.
Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Coupang’s stock. This comparison reveals trends in analysts’ expectations over time.
To gain a panoramic view of Coupang’s market performance, explore these analyst evaluations…
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