CPNG
Coupang, Inc.
CPNG's outlook is improving, though it still trails on the overall score.
NIO
NIO Inc.
NIO has the edge over CPNG overall, supported by stronger fundamentals and lower modeled downside.
CPNG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
CPNG's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
CPNG PE Valuation
CPNG has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 54x next year's earnings.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
CPNG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect CPNG to return to profit, with revenue growing.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
CPNG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.28 | — |
| Q3 2026 | -$0.77 | -467% |
| Q2 2026 | -$0.44 | -320% |
| Q1 2026 | -$0.10 | -171% |
| Q4 2025 | $0.11 | +38% |
| Q3 2025 | $0.21 | -63% |
| Q2 2025 | $0.20 | -66% |
| Q1 2025 | $0.14 | -80% |
| Q4 2024 | $0.08 | -89% |
CPNG has swung to a loss: it lost $0.77 per share over the past year, after a profit the year before.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO has the edge over CPNG on earnings, with more consistent year-over-year improvement.
CPNG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10B | +7.5% |
| Q2 2026 | $8.9B | +3.9% |
| Q1 2026 | $8.5B | +7.5% |
| Q4 2025 | $8.8B | +11% |
| Q3 2025 | $9.3B | +18% |
| Q2 2025 | $8.5B | +16% |
| Q1 2025 | $7.9B | +11% |
| Q4 2024 | $8B | +21% |
CPNG's revenue has grown year over year every quarter since early 2021: $10B last quarter, up 7.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4.5% | -6.3 points |
| Q2 2026 | -6.3% | -8 points |
| Q1 2026 | -2.9% | -4.8 points |
| Q4 2025 | 0.1% | -3.8 points |
| Q3 2025 | 1.8% | +0.4 points |
| Q2 2025 | 1.8% | +2.1 points |
| Q1 2025 | 1.9% | +1.4 points |
| Q4 2024 | 3.9% | +1.9 points |
CPNG's operating margin was −4.5% last quarter, down 6.3 points from the same quarter a year ago.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO has the edge over CPNG on profitability, with a higher operating margin.
CPNG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$72M | -116% |
| Q2 2026 | $50M | -80% |
| Q1 2026 | -$112M | -197% |
| Q4 2025 | -$278M | -160% |
| Q3 2025 | $439M | +$485M |
| Q2 2025 | $246M | -49% |
| Q1 2025 | $115M | +9.5% |
| Q4 2024 | $462M | +23% |
CPNG's free cash flow was −$412M over the past year, against $1.3B the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over CPNG on cash flow, with more consistent year-over-year improvement.
CPNG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -4M shares |
| 1 year | -3.7% | -69M shares |
| 3 years | -0.7% | -13.3M shares |
| 5 years | +2.7% | +47.7M shares |
| Available history | +12% | +195M shares |
CPNG has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $201M |
| Q2 2026 | $459M |
| Q1 2026 | $391M |
| Q4 2025 | $162M |
| Q3 2025 | $81M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2021 | — |
CPNG spent $1.2B buying back its own shares over the past year.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
CPNG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -6.5x | Net Cash |
| Q4 2025 | -4.8x | Net Cash |
| Q3 2025 | -4.6x | Net Cash |
| Q2 2025 | -4.9x | Net Cash |
| Q1 2025 | -5.5x | Net Cash |
| Q4 2024 | -5.1x | Net Cash |
| Q3 2024 | -8.4x | Net Cash |
| Q2 2024 | -8.7x | Net Cash |
CPNG has more cash than debt.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CPNG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.7 | Neutral |
| Stochastic | 49.2 | Neutral |
CPNG's weekly RSI is 46 (neutral) and its Stochastic is 49 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
CPNG PE vs Consumer Cyclical Sector
| Metric | CPNG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
CPNG has no meaningful PE right now: it lost money over the past year.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
CPNG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.7 | 4% above |
| 20 week MA | $15.7 | 2.4% below |
| 50 week MA | $18.1 | 15% below |
| 100 week MA | $22.4 | 32% below |
| 200 week MA | $20.7 | 26% below |
CPNG has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
CPNG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $48.5 | $30.2 | -38% |
| 2022 | $30.2 | $15.1 | -50% |
| 2023 | $15.1 | $16.2 | +7% |
| 2024 | $16.2 | $22.5 | +39% |
| 2025 | $22.5 | $24.3 | +7.8% |
| 2026 YTD | $24.3 | $15.3 | -37% |
CPNG has the edge over NIO on returns for 2026, with the stronger performance.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.