Coupang Reports 17.8% Revenue Growth Last Quarter and 16.2% Q4 Forecast

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Last quarter Coupang reported revenue of $9.27B, up 17.8% year-over-year, and grew active buyers 9.8% to 24.7M, beating analysts’ EBITDA and revenue estimates. Analysts forecast Q4 revenue growth of 16.2% year-over-year, down from 21.4% a year earlier, while shares fell 5.2% over the past month against a $29.51 target.

1. Q4 Prior Performance

Last quarter, Coupang generated $9.27 billion in revenue, a 17.8% increase year-over-year, and expanded its active buyer base by 9.8% to 24.7 million, surpassing analysts’ revenue and EBITDA forecasts.

2. Upcoming Q4 Expectations

Analysts anticipate 16.2% revenue growth in the upcoming quarter, marking a slowdown from the 21.4% increase recorded in the same quarter last year, with estimates remaining largely unchanged over the past month.

3. Peer Comparisons and Market Sentiment

Carvana posted 58% year-over-year revenue growth and Wayfair 6.9%, both topping estimates yet seeing share declines; Coupang’s shares have fallen 5.2% over the past month versus a 19.2% average drop for online retail peers.

4. Analyst Price Targets and Risks

The stock trades at $18.55 against an average analyst target of $29.51, with risks including historical revenue misses and macro uncertainties such as potential tariffs and corporate tax changes.

Sources

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