WallStreetZenWallStreetZen

How to Buy Coupang Stock

Coupang Inc

Coupang is a internet retail company located in Republic Of Korea, which is part of the Consumer Cyclical sector, and is traded under the ticker CPNG on the NYSE exchange.

Coupang stock last closed at $23.00, up 0.57% from the previous day, and has increased 43.39% in one year. It has overperformed other stocks in the Internet Retail industry by 0.17 percentage points. Coupang stock is currently +70.24% from its 52-week low of $13.51, and -3.24% from its 52-week high of $23.77.

There are currently 1.79B shares of CPNG outstanding. The market value of CPNG is $41.12B. In the past 24 hours, 8.12M CPNG shares were traded.

How to Buy Coupang Stock

Not sure how to invest in Coupang stock? Here's how.
  1. Figure out where to buy Coupang stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Coupang stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Analyze Coupang stock: The Coupang ticker symbol is CPNG. Is Coupang stock a good investment? Should you buy shares of CPNG? How do CPNG's underlying business fundamentals look? Do top analysts think Coupang is a good buy? Why has CPNG's stock price moved recently? (Hint: Our stock market research website can help you understand if CPNG is a good stock to buy).
  5. Place your CPNG buy order: Decide if you will purchase CPNG shares at the current market price or use a limit order to purchase CPNG stock at a particular price.
  6. Watch your CPNG investment: Create a watchlist to watch your position in Coupang shares.

Step 1: Figure out where to buy Coupang stock

You need an online brokerage account in order to access the NYSE market and buy CPNG stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global markets: From Tech to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to buy CPNG stock today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open a new trading account.
  1. Submit your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you've finished signing up on the best stock broker app, your next step is to transfer the money for your investment:

Watch the video below for more details transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Coupang stock

Once you have selected the best place to buy Coupang stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.

Coupang Numbers

CPNG Price
$23.00
1w %
2.22%
1y %
43.39%
5y %
N/A
P/E
32.39x
P/B
10.08x
P/S
1.61x
PEG
N/A
Revenue
$25.70B
Earnings
$1.22B
Fore. Rev. Growth
16.19%
Fore. Earn. Growth
-36.09%
Market Cap
$41.12B
Next Earnings
N/A
Next Dividend
N/A

CPNG Fundamentals

WallStreetZen was built to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on CPNG's stock page.

Is CPNG stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge CPNG's intrinsic value.

Using relative valuations ratios:

  • CPNG could be undervalued based on its P/E ratio of 32.39x, relative to Internet Retail industry P/E ratio of 61.19x
  • CPNG may be overvalued based on its P/B ratio of 10.08x, relative to Internet Retail industry P/B ratio of 6x

You can access additional valuation analysis on CPNG's stock here.

A look at CPNG Cashflows and Balance Sheet

Pros:

  • CPNG's operating cash flow of $2.36B allows it to safely service it's debt of $3.62B.
  • There are more short-term assets than long-term liabilities on the CPNG balance sheet.
  • CPNG profit margin has gone up from 1% to 4.7% in the past year.
  • There are more short-term assets than short-term liabilities on the CPNG balance sheet.
  • CPNG earnings of $556.90M is not sufficient to cover its interest payments.

Cons:

  • CPNG has a relatively high debt to equity ratio of 2.64.

Is it a good time to buy CPNG stock, according to Wall Street analysts?

Out of 6 Wall Street analysts who give recommendations on CPNG, the consensus analyst rating on Coupang is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent CPNG Analyst Recommendations

Peter Milliken, a top 41% analyst from Deutsche Bank upgrades CPNG to a strong buy rating and raises their CPNG price target from $18.50 to $21.00, on Feb 29, 2024.

You can dive deeper into what analysts are saying on the Coupang stock forecast page.

CPNG Trading Indicators

SMA10
22.58
SMA20
22.65
SMA50
20.53
SMA100
18.15
SMA200
17.7
MACD
0.57
MACD Signal
0.72
MACD Histogram
-0.14
RSI
60.4
Stochastic %K
62.99
Stochastic %D
53.91
StochRSI %K
34.76
StochRSI %D
26.83

Is CPNG Making Money?

Last year, CPNG earnings were $1.22B. In the past 1 years, CPNG's earnings have gone up by 491.67% per year. This was faster than the Internet Retail industry average of 42.84%.

Last year, CPNG revenue was $25.70B. Over the last three year, CPNG's revenue has grown by 95.37% per year. This was faster than the Internet Retail industry average of 27.04%.

Dive into CPNG's earnings and revenue performance here.

Are CPNG executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at CPNG have sold more shares than they have bought.

Greenoaks Capital Partners LLC, Director of CPNG, was the latest CPNG insider to buy. They bought $6,650,499.80 worth of CPNG stock on May 14, 2024.

Get more info about who owns CPNG stock here.

Can I get consistent income from CPNG stock?

No, Coupang doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your CPNG buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.

Click the Open button and your broker will execute your order.

If you need additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Watch your CPNG investment

Now that you own some shares in CPNG, you'll want to keep up with your new investment.

Make a watchlist to monitor your CPNG stock.

CPNG Feed

How to Buy Stock in Coupang

To reiterate, here are the 6 steps to buy stock in Coupang:

  1. Figure out where to buy Coupang stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Coupang stock
  5. Place your CPNG buy order
  6. Watch your CPNG investment

If you require a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Coupang, create a watchlist on WallStreetZen today.

NYSE: CPNG
$23.00+0.13 (+0.57%)
Updated May 17, 2024
Open eToro Account
NYSE: CPNG
$23.00+0.13 (+0.57%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coupang share?

As of May 17, 2024, it costs $23.00 to buy one share of Coupang stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.435 shares of CPNG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Coupang stock?

According to 6 Wall Street analysts who monitor Coupang, their consensus recommendation is to buy Coupang stock.

What is the best way to buy Coupang stock?

One way to place an order for Coupang stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.