Morgan Stanley Raises PT on Coupang, Inc. (CPNG) to $35; Maintains 'Overweight' Rating

Coupang, Inc. (NYSE:CPNG) is one of the 15 Stocks That Will Benefit From AI.

Following the company’s impressive second-quarter results, Morgan Stanley raised its price target on Coupang, Inc. (NYSE:CPNG) from $32 to $35 on August 20, 2025, reiterating its Overweight rating. Coupang demonstrated increasing business momentum with a 30% gross profit margin and a 19% increase in revenue. Taiwan is currently the focus of investor attention, as the company foresees a bright future there.

According to Morgan Stanley, the unit is a “key driver of longer-term growth,” and Coupang, Inc. (NYSE:CPNG)’s expansion story revolves around its eventual profitability. The higher target highlights confidence in the company’s global trajectory by reflecting forecasts of higher earnings contributions from Taiwan, as well as reduced share price volatility and lower correlation in recent years.

With its main operations in South Korea and growing presence in Taiwan and other regions, Coupang, Inc. (NYSE:CPNG) runs a worldwide e-commerce ecosystem that includes retail, grocery, food delivery, digital content, fintech, and luxury fashion. It is on our list of the Best AI Stocks.

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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