There are good reasons for growth investors to have Coupang on their radar.Investors in Coupang (CPNG -1.30%), South Korea's biggest e-commerce company, have had a challenging time over the last few years. The company went public on March 11, 2021, at $35 per share and closed at an all-time high of about $50 later that month. But in the subsequent months and years, it slowly gave up all those gains and more.Still, despite its uninspiring stock performance, some of the most intelligent investors in the marke ...

Shares have surged from their 52-week low, but this rally may be just getting started.South Korean e-commerce behemoth Coupang (CPNG 0.53%) has seen its stock rise over 15% following news of a 58% price increase for its Wow membership fee. Despite these gains, which have added to the stock's steady climb in 2024, Coupang may still offer 16% upside over the next year, according to Citi analyst John Yu. I recently listed four reasons why Coupang is a buy -- before Yu hiked his price target to $26 and upgraded ...

Coupang, Inc. (CPNG) shares soared 11.5% in the last trading session to close at $21.25. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3% gain over the past four weeks.Coupang extended its rally, driven by its latest plan to increase the monthly price of its Wow membership program.This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +20%. Reve ...

Shares of the South Korean e-commerce company jumped on a price hike.Shares of Coupang (CPNG 11.49%) were on the move today as the South Korean e-commerce company jumped on reports that it was raising the membership fee for its Amazon Prime-like Wow service.As of 12:39 p.m. ET, the stock was up 10% on the news. Coupang pulls a big profit leverAccording to The Korea Times, Coupang is raising the monthly price on its Wow membership by 58% to $5.74 a month. The move has attracted controversy for being overly a ...

Coupang (NYSE:CPNG) stock is on the rise Friday following reports that the e-commerce company is preparing to increase the price of its membership fees.According to these reports, Coupang will increase its monthly membership fee from 4,990 won to 7,890 won. That represents a 58% increase in membership fees for the South Korea e-commerce company.This higher membership fee is for those subscribed to its Wow plan. The company is intending to expand exclusive benefits for members of this plan. The price hike go ...

Coupang Inc (NYSE: CPNG) is up more than 10% on Friday after announcing a rather big increase in its monthly membership fee.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Coupang stock is already up more than 50%Copy link to sectionThe “WOW” membership will now cost incoming subscribers a whopping 7,890 won – up from 4,990 thus far. Existing clients will have to pay the higher fee from August. Coupang ended last year with some 14 million WOW members. ...

Sundry Photography Thesis Coupang, Inc. (NYSE:CPNG) was incorporated in 2010 and is an e-commerce company headquartered in Seattle, WA. CPNG’s IPO date was March 11, 2021, and it began trading at $63.50 per stock, giving CPNG a market cap of $102.2. As of April 3, 2024, the stock price was $18.56 and is down over 70% from all-time highs, mainly attributed to high losses and low margins. But, I think things are changing. With strong year-over-year active customer growth, CPNG’s revenue has doubled, and, ...

Sundry Photography Introduction In my previous article written on December 11th, I had a buy rating on Coupang (NYSE:CPNG). At the time, I viewed the company's growing positive momentum favorably. It was becoming clearer that Coupang had taken the lead over numerous other e-commerce competitors in Korea. The company's financial metrics involving both top and bottom lines were seeing significant growth. Further, I viewed the Korean macroeconomic condition favorably believing that it could provide Coupang wit ...

Sundry Photography Recap In our last article on Coupang (NYSE:CPNG), we highlighted Coupang's strong position in logistics as a key factor in driving its market share growth. Additionally, we observed robust growth in Taiwan, surpassing the growth seen in South Korea post-Rocket launch. Yet, we believe that Coupang's stock was trading within its fair value at $18 per share, which was derived from a 10-year DCF valuation model (12% WACC, 3.5% terminal growth). Data by YCharts Since our article was publis ...

Hypergrowth stocks provide some exciting opportunities for quick returns. Because growth stocks have a high-beta, opportunities are created in a correction or when the growth story faces near term headwinds.Growth stocks with weak fundamentals might take time to recover. However, fundamentally strong growth stocks are unlikely to trade at a valuation gap for an extended period. With the possibility of rate cuts in the second half of 2024, there is a strong case for a rally in high-beta stocks.This column di ...