Coupang stock disappoints after IPO, but shows growth potential and profitability ahead.

From Nasdaq: 2025-02-01 11:30:00

Coupang (NYSE: CPNG) disappoints early investors after its Mar. 2021 IPO, trading at $23.00 per share from an opening of $63.50. The company served 22.5 million customers in Q3 2024, with a market cap of $42 billion and trades at 1.2 times projected 2025 sales. Revenue grew 27% YoY in Q3 2024, with active customers up 11% and net revenues per active customer up 4%. Coupang turned profitable in 2023 and analysts expect positive earnings ahead. Despite challenges, Coupang’s rising margins and sustainable business model remain key strengths. Investors should watch for volatility in a potentially lucrative opportunity.



Read more at Nasdaq: Where Will Coupang Stock Be in 1 Year?