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CPNG

📦💼 Coupang (CPNG) Analysis 💡📈Shift to Sustainable Profitability: Coupang's focus on sustainable profitability has yielded positive results, with robust financial performance in 2023 driven by significant revenue growth and substantial net profit. Subscription Service Enhancement: Recent price increases for Coupang Wow subscription service are expected to further boost profitability, potentially adding $400 million in EBITDA. Room for Expansion: As the largest e-commerce platform in South Korea with less than 5% market share in the overall commerce market, Coupang has ample room for expansion. Potential to attract new users and increase wallet share among existing users presents significant market growth opportunities. Investment Outlook: Bullish outlook on NYSE:CPNG above $19.50-$20.00. Upside target of $31.00-$32.00 reflects continued growth and value appreciation as Coupang executes strategic initiatives and expands market share in South Korea. 📊🚀 Keep an eye on CPNG's growth trajectory! #Coupang #InvestmentAnalysis 🌐
NYSE:CPNGLong
by Richtv_official
Coupang Rockets Skyward After Membership Fee HikeSouth Korea's e-commerce titan, Coupang ( NYSE:CPNG ), soared to new heights today following news of a membership fee increase. With a staggering 12% surge in recent trading, Coupang's ( NYSE:CPNG ) stock rocketed to $21.38, marking an impressive leap from its previous levels. This bullish momentum underscores the company's robust start to the year, with a nearly 30% increase in its stock value. Founded in 2010, Coupang ( NYSE:CPNG ) has solidified its position as South Korea's leading e-commerce powerhouse, with its shares prominently listed on the New York Stock Exchange. The catalyst behind today's meteoric rise? Coupang's ( NYSE:CPNG ) decision to up its Wow membership fees. Announced through a press release in Korea, the company revealed plans to hike the monthly fee to 7,890 won ($5.70) from its previous 4,990 won ($3.61). This adjustment, akin to Amazon's Prime membership model, promises an array of perks including free shipping, access to Coupang's streaming services, and complimentary food delivery, among other benefits. However, this move hasn't been without its share of criticism, as some users voiced displeasure online. Nevertheless, Coupang ( NYSE:CPNG ) remains undeterred in its commitment to enhancing member benefits and user experience within the Wow ecosystem. The timing of this fee revision aligns with Coupang's ( NYSE:CPNG ) stunning financial performance, notably highlighted by its fourth-quarter earnings report. Revenue surged by 23% to $6.6 billion, comfortably surpassing market expectations. Moreover, the company reported a significant turnaround in operating income, a testament to its strategic investments and operational efficiency. Despite its impressive strides, Coupang ( NYSE:CPNG ) faces stiff competition, particularly from the likes of China-based e-commerce giants PDD Holdings and Alibaba, both eyeing expansion in the South Korean market. However, Coupang ( NYSE:CPNG ) has remained proactive, expanding its footprint while making strategic acquisitions such as the recent $500 million investment in luxury goods e-commerce platform Farfetch. Analysts remain bullish on Coupang's prospects, projecting a robust sales growth of 18% to $28.75 billion for 2024. Additionally, adjusted earnings are anticipated to climb to 28 cents per share, signaling continued profitability and shareholder value creation. From a technical standpoint, Coupang's ( NYSE:CPNG ) breakout heralds a bullish trend, setting the stage for potential further gains. Despite still being a ways off from its all-time high, investor sentiment remains optimistic, with Coupang ( NYSE:CPNG ) holding a commendable Relative Strength Index (RSI) of 78.82 giving further room for growth. As Coupang ( NYSE:CPNG ) continues to scale new heights, investors eagerly await further developments and anticipate continued growth in the company's market presence and shareholder value.
NYSE:CPNGLong
by DEXWireNews
CPNG | Oversold eCommerce Play | BounceCoupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives. The company sells various products and services in the categories of home goods and decor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. It also performs operations and support services in China, Singapore, Japan, Taiwan, and the United States. Coupang, Inc. was incorporated in 2010 and is headquartered in Seoul, South Korea.
NYSE:CPNGLong
by DivergenceSeeker
3
$CPNG FINALLY BREAKS-OUT of the Downtrending ChannelNYSE:CPNG All of the positive indicators are combining for this underestimated stock: 1. The stock price candle of Feb 28 breaks out of the downtrending channel by more than 3% for the first time since Jul 2021. 2. Moving average of 7 days is just about to cross above the MA of 20 days 3. Volume increase as the price increases “MOMENTUM” 4. Clear Cup and Handle chart pattern is formed indicating a technical price target of $30 5. MACD cross up to the positive side above zero line. ** Technical Analysis CPNG next price target is 30.05 in the short period of time** Hopefully the actual Q4 earnings meets or even beats its consensus earnings estimate, which could positively impact the price of the stock in the short term.
NYSE:CPNGLong
by awrrfe6gby
2
CPNG Downtrend Channel Now we can see how CPNG is being trending bearish since a short to medium term. This stock can not get a break even when the market was bullish. The main reason is back to the stock strict obedience to the downtrending Parallel Channel. The stock NEEDS a strong momentum to break this channel up. Summary, now the price is touching the middle line of the channel and breaking the descending trend line for the first time. The stock should respect the middle line of the parallel channel(should not break 20.88). Otherwise we will see the 17 easily. ***This is a fundamental, pure technical analysis, should NOT to be taken as a financial advice ever.***
NYSE:CPNGShort
by awrrfe6gby
3
EBON PLTR BLU CPNG LUL ASML GVP REDU SMH Cloud Poppingwww.tradingview.com This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are all good for a 1:1 or 2:1 Position based off the last node or if you cant find that...the bottom of the cloud as a stop loss. Some of these will follow a 45 degree angle up over a week or more time frame....If you want to take out profits and leave runners on these that would be a good way to make sure you dont leave anything on the table. I would also look at other stocks in the sector of whatever one you take interest in. if you see it doing the same move and going up in a 45 degree angle then this stock most likely might be following suit. I am not a financial advisor do not blindly jump in on any of my trades without doing your own DD. This method is using a cloud I custom set the parameters to and piggy backing that off Wyckoff Method as this would be the last dip into liquidity or the first push after the spring (Accumulation or Absorption of the float) Also the Curve which would be (the spring or Launch) and the Key algo which is the path drawn in white. by iCantw84it 10.23.2021
NASDAQ:EBONLong
by iCantw84it
2
CPNG its like a small Chinese AMZN -Bill Gates and Warren BuffetWhy: Warren Buffet and Bill Gates moved most if not all of their stocks out of tech and into other Sectors....At the bottom of the list of their stocks they heavily invested in was this stock...I found it odd out of the bunch it was the only one I didnt recognize. So it peaked my interest. From what I gather its kind of like the Chinese AMZN but smaller. Taking that into account I did my key algo and found this path for it. I wanted to make sure it had plenty of time to do its thing and go the distance so I got option calls for 10 all the way out in Sept 2021. by iCantw84it 07.09.2021
NYSE:CPNGLong
by iCantw84it
2