Coupang, Inc. (CPNG) Stock Price & Analysis
Coupang, Inc. (CPNG) closed at USD 13.99 on Thursday, October 22, 2026, up 0.86% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 13.99; the Oct 22, 2026 session ranged USD 13.71–14.22 on volume of 10,057,810 shares. Market capitalization is —, with a 52-week range of USD 13.35–32.35 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CPNG.md
Key facts (CPNG)
- Last four reported quarters (through Jun 30, 2026): revenue $35.5B, net income -$767M (-2.2% margin), free cash flow $99.0M (SEC filings).
- 8 of 80 tracked superinvestors hold CPNG (13F, Q2 2026): 0 new, 5 added, 1 reduced, 2 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $3.3M; 1 not under a Rule 10b5-1 plan ($3.1M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -55.1% vs S&P 500 +14.9%; 5Y -51.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD -0.01, revenue estimate $9.76B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CPNG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $18.4B | $20.6B | $24.4B | $30.3B | $34.5B | $35.5B |
| Gross profit | $2.95B | $4.71B | $6.19B | $8.83B | $10.1B | — |
| Operating income | -$1.49B | -$112M | $473M | $436M | $473M | -$628M |
| Net income | -$1.54B | -$92.0M | $1.36B | $154M | $208M | -$767M |
| EPS (diluted) | -$1.08 | -$0.05 | $0.75 | $0.08 | $0.11 | — |
| Free cash flow | -$1.08B | -$259M | $1.76B | $1.01B | $522M | $99.0M |
| Gross margin | 16.0% | 22.9% | 25.4% | 29.2% | 29.4% | — |
| Operating margin | -8.1% | -0.5% | 1.9% | 1.4% | 1.4% | -1.8% |
| Net margin | -8.4% | -0.4% | 5.6% | 0.5% | 0.6% | -2.2% |
| Revenue growth | +53.8% | +11.8% | +18.5% | +24.1% | +14.1% | — |
| Cash + short-term investments | $3.49B | $3.51B | $5.24B | $5.88B | $6.32B | — |
| Total debt | $625M | $667M | $732M | $1.05B | $648M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CPNG)
P/E at fiscal year-ends: Dec 2025 210.4x, Dec 2024 260.6x, Dec 2023 21.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (CPNG)
8 of 80 tracked investors hold CPNG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dennis Hong | ShawSpring Partners | 6.89% | $16.0M | Added +1.5% |
| David Abrams | Abrams Capital Management | 4.13% | $226M | Unchanged |
| Chase Coleman | Tiger Global Management | 2.64% | $633M | Added +5.4% |
| Dodge & Cox Funds | Dodge & Cox | 0.66% | $1.25B | Added +0.3% |
| Henry Ellenbogen | Durable Capital Partners | 0.66% | $67.4M | Reduced -69.8% |
| Bill Gates | Gates Foundation Trust | 0.47% | $161M | Unchanged |
| Bill Nygren | Oakmark Funds | 0.33% | $248M | Added +43.2% |
| Bill Miller | Miller Value Partners | 0.26% | $1.1M | Added +2.5% |
Insider sales (SEC Form 4, open-market, last ~7 months) (CPNG)
2 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-02 | Lee Jonathan D. | Chief Accounting Officer | 5,519 | $75K | 3% | Yes (adopted May 8, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-10 | Rogers Harold | See Remarks | 192,110 | $3.1M | 20.6% | No | Too little history (no open-market trades in 2023) |
| 2026-08-10 | Lee Jonathan D. | Chief Accounting Officer | 5,519 | $89K | 2.9% | Yes (adopted May 8, 2026) | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (CPNG)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-06 | B of A Securities | Target lowered | Buy | $27 → $24 |
| 2026-08-06 | Deutsche Bank | Upgrade | Hold → Buy | $23 → $21.5 |
| 2026-07-29 | Mizuho | Target lowered | Neutral | $25 → $24 |
| 2026-07-07 | Barclays | Target lowered | Overweight | $30 → $29 |
| 2026-06-25 | B of A Securities | Target lowered | Buy | $28 → $27 |
Total return (dividends reinvested) (CPNG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -55.1% | -51.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -55.2% | -13.5% |
| Volatility (annualized) | 47.8% | 45.5% |
| Max drawdown | -57.2% (Nov 2025→Sep 2026) | -62.0% (Dec 2021→Jun 2022) |
CPNG revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product Commerce | $7.42B | 83.8% | +1.2% |
| Developing Offerings | $1.43B | 16.2% | +20.3% |
| Total revenue | $8.86B | 100% | — |
CPNG revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Net retail sales | $6.74B | 76.2% | +3.6% |
| Net other revenue | $2.11B | 23.8% | +4.7% |
| — Third-party merchant services (part of Net other revenue) | $1.83B | 20.7% | +4.4% |
| — Other revenue (part of Net other revenue) | $280.0M | 3.2% | +6.9% |
| Total revenue | $8.86B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CPNG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Amazon (AMZN) | “A prolonged AWS service disruption affecting our apps or websites could damage our reputation with current and potential customers, expose us to liability, cause us to lose customers, or otherwise harm our business.” |
| Partner | Farfetch Holdings | “In July 2025, we borrowed $425 million under the Revolving Credit Facility primarily to finance the redemption of the syndicated term loans assumed by Surpique LP (the "Limited Partnership") as part of the Farfetch Acquisition ("Farfetch Term Loans").” |
Quoted from the company's 10-K filed Feb 26, 2026.
CPNG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.01 | $0.00 | — | $9.76B | 2 |
| Next quarter (ends Dec 2026) | $0.05 | $0.00 | — | $10.10B | 1 |
| Current fiscal year (ends Dec 2026) | $-0.45 | $-0.36 | +24.8% | $37.06B | 7 |
| Next fiscal year (ends Dec 2027) | $0.28 | $0.29 | -4.3% | $42.45B | 7 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 13.99 |
|---|---|
| Change | ▲ 0.86% (up) |
| Previous Close | USD 13.99 |
| Open | USD 13.99 |
| Day Range | USD 13.71 – 14.22 |
| 52-Week Range | USD 13.35 – 32.35 |
| Volume | 10,057,810 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (CPNG)
Nexqual's technical model rates CPNG "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 41.19 (neutral) |
| vs SMA50 | Below (USD 15.04) |
| MACD | -0.19 (negative) |
Earnings (CPNG)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD -0.01 |
| Revenue Estimate | $9.76B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.09 vs est -0.29 ▲ beat |
| 2026-03-31 | USD -0.15 vs est -0.09 ▼ miss |
| 2025-12-31 | USD -0.01 vs est 0.05 ▼ miss |
| 2025-09-30 | USD 0.05 vs est 0.04 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (CPNG)
| Total Revenue | $35.46B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.90% |
| Gross Margin | +28.35% |
| Operating Margin | -6.28% |
| Profit Margin | -2.16% |
| ROE | -20.00% |
| Debt / Equity | 1.89 |
| Current Ratio | 0.87 |
| Total Cash | $6.11B |
| Total Debt | $5.63B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Ownership (CPNG)
| Insider Ownership | +0.63% |
|---|---|
| Institutional Ownership | +84.41% |
| Shares Outstanding | 1.64B |
| Float | 1.34B |
| Short % of Float | +6.15% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From Coupang, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- Our approach focuses on controlling the entire end-to-end experience – from technology and automation to fulfillment and logistics – so we can continually raise the bar for what customers expect.
- We control access to and use of our proprietary technology and other confidential information through internal and external controls, including technical and administrative security controls and contractual protections with employees, contractors, customers, partners, and other third parties.
- We further control the use of our proprietary technology and intellectual property through provisions in our website terms of service. 1 Measured using work-related and accident-related fatalities.
- Small and medium-sized enterprises ("SMEs") on Coupang form an essential part of our business, and we strive to make it easy for SMEs to reach customers all over the world with our comprehensive end-to-end support.
Legal & Regulatory Risks (Item 1A, quoted)
- The nature of our food delivery services, including Eats, Rocket Now, and Rocket Fresh, could subject us to potential liability for foodborne illnesses experienced by our customers.
- The nature of our delivery logistics, including those related to our own delivery services and our services that use independent delivery partners, exposes us to potential liability and expenses for legal claims that could adversely affect our business, financial condition, and results of operations.
- We have incurred and may continue to incur expenses relating to legal claims on these matters.
- Failure by our suppliers or merchants to comply with product safety, intellectual property, or other laws may subject us to liability, damage our reputation and brand, and harm our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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| JD | JD.com, Inc. | USD 25.68 | ▼ 0.43% |
| W | Wayfair Inc. | USD 113.49 | ▲ 0.16% |
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| CART | Maplebear Inc. | USD 51.68 | ▲ 2.72% |
| EBAY | eBay Inc. | USD 122.04 | ▼ 0.7% |
| CHWY | Chewy, Inc. | USD 22.33 | ▲ 4.69% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt