Coupang (NYSE:CPNG) Issues Quarterly Earnings Results

Coupang (NYSE:CPNG) posted its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03), FiscalAI reports. The business had revenue of $8.84 billion for the quarter, compared to the consensus estimate of $9.12 billion. Coupang had a return on equity of 6.95% and a net margin of 1.16%.

Here are the key takeaways from Coupang’s conference call:

• Coupang disclosed a data incident in which a former employee illegally accessed information from more than 33 million accounts and retained data from roughly 3,000 Korean and 1 Taiwan account; third‑party forensics say the data was limited to contact and order details (no financial data, passwords, or government IDs), but investigations remain ongoing and the company issued approximately $1.2 billion in customer vouchers as remediation.
• Q4 showed slowing top‑line and margin pressure — Product Commerce net revenue was $7.4 billion (up 8% YoY; 12% constant currency) and consolidated revenue was $8.8 billion, while adjusted EBITDA fell to $267 million (down 37% YoY) and free cash flow declined ~50% to $527 million; management expects muted near‑term growth and guides Developing Offerings losses of $950 million–$1 billion for 2026.
• Developing Offerings — especially Taiwan — remain a growth engine: Taiwan delivered triple‑digit revenue growth, with ~75% of December volume delivered next‑day via Coupang’s own last‑mile network covering ~70% of the country, reportedly without meaningful increases in variable unit cost.
• Capital allocation and liquidity strength — Coupang repurchased about 5.9 million shares this quarter, has used $243 million of a $1 billion buyback authorization, and ended the period with over $6 billion in cash, leaving flexibility for further buybacks or strategic investment.

Coupang Stock Up 1.5%

CPNG stock traded up $0.28 during trading on Thursday, reaching $18.64. The stock had a trading volume of 27,381,940 shares, compared to its average volume of 25,643,307. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $34.05 billion, a price-to-earnings ratio of 88.77 and a beta of 1.19. Coupang has a one year low of $16.74 and a one year high of $34.08. The company’s 50 day moving average is $20.62 and its two-hundred day moving average is $26.53.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Citigroup decreased their price target on shares of Coupang from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Zacks Research raised Coupang from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Sanford C. Bernstein started coverage on Coupang in a research note on Thursday, February 5th. They set an “underperform” rating and a $17.00 price target on the stock. Mizuho increased their price target on Coupang from $30.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Coupang in a report on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Coupang presently has an average rating of “Hold” and a consensus target price of $27.70.

Key Stories Impacting Coupang

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Revenue grew 11% year-over-year to $8.84 billion, showing continued demand and scale in Coupang’s marketplaces. Coupang reports Q4 revenue
• Neutral Sentiment: The company remains modestly profitable on the quarter (net margin ~1.16%, ROE ~6.95%), which some investors may view as evidence of operational leverage as scale grows. View Press Release
• Neutral Sentiment: Analyst pieces on valuation and high P/E multiples are generating mixed investor views — some focus on growth potential, others on expensive multiples given recent execution misses. Valuation analysis
• Negative Sentiment: Q4 earnings missed expectations: EPS of ($0.01) vs. consensus $0.02, and revenue of $8.84B missed the $9.12B consensus — the misses are the primary near-term negative catalyst. Earnings miss
• Negative Sentiment: South Korea’s regulator fined Coupang ~$1.6 million for pressuring suppliers and delaying payments — a reputational/regulatory headwind that can increase scrutiny and costs. Regulatory fine
• Negative Sentiment: Ongoing fallout from a prior massive data breach has invited rivals to try to win market share, creating competitive pressure that management highlighted ahead of the earnings release. Data breach fallout

Insider Buying and Selling at Coupang

In other news, CAO Jonathan D. Lee sold 2,679 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $23.62, for a total value of $63,277.98. Following the completion of the transaction, the chief accounting officer directly owned 122,096 shares of the company’s stock, valued at $2,883,907.52. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 12.78% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. purchased a new stake in shares of Coupang during the 3rd quarter valued at $26,000. Aster Capital Management DIFC Ltd bought a new position in Coupang during the fourth quarter valued at about $42,000. EFG International AG purchased a new stake in Coupang during the fourth quarter worth about $44,000. LGT Financial Advisors LLC purchased a new stake in Coupang during the third quarter worth about $52,000. Finally, Colonial Trust Advisors raised its position in Coupang by 91.7% in the fourth quarter. Colonial Trust Advisors now owns 2,875 shares of the company’s stock worth $68,000 after acquiring an additional 1,375 shares during the period. Hedge funds and other institutional investors own 83.72% of the company’s stock.

About Coupang

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.