5 Best Rebound Stocks to Buy Right Now

In this article, we will take a look at the 5 Best Rebound Stocks to Buy Right Now. For a deeper discussion and an extended list, please see the 12 Best Rebound Stocks to Buy Right Now.

5. Coupang, Inc. (NYSE:CPNG)

Coupang, Inc. (NYSE:CPNG) ranks among the best rebound stocks to buy right now. Following the announcement of Coupang, Inc. (NYSE:CPNG)’s fourth-quarter earnings, Bernstein SocGen Group reiterated its Underperform rating and $17 price target for the company on March 2. Coupang, Inc. (NYSE:CPNG) revealed a revenue of $8.8 billion, up 11% year-over-year and 14% in constant currency. Meanwhile, operating profit came in at $8 million, down significantly from the previous year.

After accounting for 2024 one-time factors, the company’s gross profit margin was 28.8%, down 100 basis points from the previous year. EBITDA losses in Developing Offerings also rose to $300 million, up $182 million year-over-year. Active consumers totaled 24.6 million, representing a 0.4% decrease from the previous quarter.

Meanwhile, BofA Securities reduced its price target for Coupang, Inc. (NYSE:CPNG) from $32 to $28 while retaining a Buy rating on the company’s shares. The adjustment was driven by Coupang’s slower growth in product commerce constant-currency revenue, which climbed by 12% vs 18% in the prior year.

Coupang, Inc. (NYSE:CPNG) is a technology company that offers e-commerce, restaurant delivery, video streaming, and fintech services. The company serves its customers through brands like Coupang, Eats, Play, Rocket Now, and FARFETCH.