Professional
Added to YB: 2024-11-07
Pitch date: 2024-11-06
CPNG [bullish]
Coupang, Inc.
+5.6%
current return
Author Info
No bio for this author
Company Info
Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.
Market Cap
$49.2B
Pitch Price
$24.27
Price Target
31.00 (+21%)
Dividend
N/A
EV/EBITDA
22.33
P/E
129.59
EV/Sales
1.39
Sector
Broadline Retail
Category
growth
Citi Raises Coupang Price Target to $31
CPNG: Citi raises PT to $31. Product Commerce margins pressured by tech/infra investments. 20% YoY FX-neutral revenue growth, market share gains. Developing Offerings EBITDA loss below -$750M guidance. Long-term leverage expected from investments. Near-term profit-taking risk after 66% YTD rally.
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