Coupang Inc. received a "Moderate Buy" rating, reported earnings beating estimates, and insider/institutional investors increased stakes.

Coupang Inc. (NYSE:CPNG) has received an average "Moderate Buy" rating from 7 analysts, with a target price of $26.71. The company reported earnings beating estimates, with a 25.4% revenue increase and return on equity of 13.59%. Insiders including Director Greenoaks Capital Partners Llc have recently acquired shares, and institutional investors such as Baillie Gifford & Co., Price T. Rowe Associates Inc. MD, WCM Investment Management LLC, and Norges Bank have increased their stakes in the company. Coupang operates in South Korea through mobile apps and websites.