Coupang's stock price has fallen 31% year-to-date, but Barclays analysts expect its stock price to rise by approximately 85%, with a target price of $30.
Coupang's stock price has fallen 31% year-to-date, with Q2 seeing an operating loss of $556 million due to a $410 million administrative fine in Korea and currency headwinds. However, Barclays analyst Jiaming Liang maintained his "Overweight" rating and $30 price target, arguing that the fine is a one-time event and Coupang's 10% growth at constant exchange rates supports his bullish thesis. The price target implies approximately 85% upside for Coupang's stock.
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