Coupang (CPNG) Maintained at Buy With $24 PT

Coupang Inc. (NYSE:CPNG) is one of the best upside stocks to invest in right now. On February 10, Citi reduced its price target for Coupang from $27 to $24 while maintaining a Buy rating.

On February 5, Bernstein initiated coverage of Coupang with an Underperform rating and a $17 price target. As part of a broader rollout of coverage on the Korean internet space, the firm indicated a preference for companies with strong growth potential linked to online penetration and AI leadership. Bernstein expects the shift toward online channels to continue in the digital advertising sector and noted that Korea is currently less penetrated than the US or China. However, the firm contends that the e-commerce and food delivery sectors are showing limited growth opportunities.

Earlier on January 12, Nomura downgraded Coupang to Neutral from Buy and lowered its price target to $22 from $30. While the firm initially considered the November 30 data breach a temporary issue, it now points to heightened regulatory risk as the South Korean FTC has signaled plans for rigorous administrative measures. Consequently, Nomura reduced its 2026 EPS estimate by 95% to $0.03 to account for a consumer compensation package and a potential $900 million fine.

Coupang (CPNG) Maintained at Buy With $24 PT

Courtesy of Retail Ecommerce Ventures (REV)

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. It operates through the Product Commerce and Developing Offerings segments.

While we acknowledge the potential of CPNG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CPNG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.