Coupang Inc. (NYSE:CPNG) is one of the best IPO stocks to buy right now. On February 5, Bernstein initiated coverage of Coupang with an Underperform rating and a $17 price target. This announcement was made as part of the firm’s broader review of the South Korean internet sector.
The firm favors companies with high growth potential linked to online penetration and leadership in AI, expecting the shift toward online channels to continue, specifically within South Korea’s digital advertising market. However, Bernstein contends that the e-commerce and food delivery sectors currently offer limited opportunities for growth.
Earlier on January 12, Nomura downgraded Coupang to Neutral from Buy and reduced its price target to $22 from $30. While the firm initially viewed the November 30 data breach as a temporary issue, it now highlights increased regulatory risk as the South Korean FTC has indicated plans for rigorous administrative measures. As a result, Nomura cut its 2026 EPS forecast by 95% to $0.03, accounting for the costs of a consumer compensation package and a potential $900 million fine.
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Coupang Inc. (NYSE:CPNG), together with its subsidiaries, owns and operates a retail business through its mobile applications and internet websites in South Korea and internationally.
While we acknowledge the potential of CPNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
