Coupang Inc. Class A Common Stock (CPNG)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a business that earns good returns and sells at a sensible price. Coupang is a large online retailer in South Korea and internationally, with Product Commerce and Developing Offerings. Its scale may create some competitive advantage, but I cannot verify a durable moat from these figures. The latest filed numbers show strain: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $8.9B and net income was -$570.0M, or EPS -$0.32; fiscal Q1 2026 had revenue $8.5B, net income -$266.0M, and EPS -$0.15. The longer record is uneven: FY2025 revenue was $34.5B with net income $208.0M and EPS $0.11, FY2024 was $30.3B with $154.0M and $0.08, while FY2023 had $24.4B revenue, $1.4B net income, and $0.75 EPS. FairStock calls it a TURNAROUND because it returned to profit after a loss within three years, but 2026 losses challenge that label. At $13.75 on 2026-10-26, FairStock shows a $24.7B market cap, negative P/E -31.98, P/B 8.23, ROE -20.00%, ROCE -2.14%, D/E 1.89, Altman Z 0.96, and EV/EBITDA 766.53. TTM FCF is $99.0M, a 0.4% yield, and the FairStock Score is 27/100. I see revenue scale but no margin of safety; the balance sheet and price demand proof that losses are temporary.

In plain English: Coupang runs online retail and related services in South Korea and other markets. It grew sales to $34.5B in fiscal 2025, but the latest two filed quarters in 2026 showed losses, including a $570.0M loss in fiscal Q2 2026. At $13.75, the shares look expensive compared with current profits and accounting value, and the business looks mixed rather than clearly strong.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer