NASDAQ:WISH

ContextLogic (WISH) Stock Price, News & Analysis

$5.86
+0.02 (+0.34%)
(As of 04/22/2024 ET)
Today's Range
$5.73
$5.91
50-Day Range
$4.85
$6.90
52-Week Range
$3.55
$9.90
Volume
979,544 shs
Average Volume
926,414 shs
Market Capitalization
$142.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

ContextLogic MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
53.6% Upside
$9.00 Price Target
Short Interest
Bearish
16.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of ContextLogic in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$50,474 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.27 out of 5 stars

Retail/Wholesale Sector

164th out of 197 stocks

Catalog & Mail - Order Houses Industry

23rd out of 27 stocks

WISH stock logo

About ContextLogic Stock (NASDAQ:WISH)

ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

WISH Stock Price History

WISH Stock News Headlines

Wish stockholders approve asset sale to Qoo10
ContextLogic Inc. (WISH)
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
ContextLogic (NASDAQ:WISH) Stock Price Up 1.7%
ContextLogic Flat on Completing Sale to Qoo
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
See More Headlines
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Company Calendar

Last Earnings
3/04/2024
Today
4/23/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:WISH
Fax
N/A
Employees
452
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+53.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-317,000,000.00
Net Margins
-113.62%
Pretax Margin
-108.71%

Debt

Sales & Book Value

Annual Sales
$287 million
Book Value
$8.96 per share

Miscellaneous

Free Float
22,397,000
Market Cap
$142.98 million
Optionable
Optionable
Beta
2.18
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Key Executives

  • Ms. Ying Liu (Age 48)
    Chief Operating Officer
    Comp: $550k
  • Mr. Rishi Bajaj (Age 44)
    CEO & Director
  • Mr. Sheng Zhang
    Co-Founder
  • Mr. Brett Just (Age 41)
    Chief Accounting Officer & CFO
    Comp: $385.75k
  • Mr. Jerry Louis (Age 51)
    Chief Technology Officer
  • Mr. Ralph Fong
    Head of Investor Relations
  • Ms. Joanna Rosen Forster
    General Counsel & Chief Compliance Officer
  • Mr. Matthew Worby
    Chief Human Resources Officer
  • Mr. Mauricio Monico (Age 44)
    Chief Product Officer
  • Ms. Shuyan Wang (Age 32)
    Head of Data Science

WISH Stock Analysis - Frequently Asked Questions

Should I buy or sell ContextLogic stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WISH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WISH, but not buy additional shares or sell existing shares.
View WISH analyst ratings
or view top-rated stocks.

What is ContextLogic's stock price target for 2024?

2 Wall Street analysts have issued 1-year target prices for ContextLogic's shares. Their WISH share price targets range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 53.6% from the stock's current price.
View analysts price targets for WISH
or view top-rated stocks among Wall Street analysts.

How have WISH shares performed in 2024?

ContextLogic's stock was trading at $5.95 at the beginning of 2024. Since then, WISH shares have decreased by 1.5% and is now trading at $5.86.
View the best growth stocks for 2024 here
.

When is ContextLogic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our WISH earnings forecast
.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) posted its quarterly earnings results on Monday, March, 4th. The company reported ($2.82) EPS for the quarter. The business had revenue of $53 million for the quarter. ContextLogic had a negative trailing twelve-month return on equity of 102.51% and a negative net margin of 113.62%.

When did ContextLogic's stock split?

ContextLogic shares reverse split on the morning of Wednesday, April 12th 2023. The 1-30 reverse split was announced on Wednesday, April 12th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

When did ContextLogic IPO?

ContextLogic (WISH) raised $1.1 billion in an IPO on Wednesday, December 16th 2020. The company issued 46,000,000 shares at $22.00-$24.00 per share. Goldman Sachs & Co., J.P. Morgan and BofA Securities served as the underwriters for the IPO and Citigroup, Deutsche Bank Securities, UBS Investment Bank, RBC Capital Markets and Credit Suisse were co-managers.

Who are ContextLogic's major shareholders?

ContextLogic's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%). Insiders that own company stock include Brett Just, Devang Shah, Hamid Reza Kassaei, Hans Tung, Jacqueline D Reses, Jennifer Oliver, Pai Liu, Peiyen Chuang, Piotr Szulczewski, Rajat Bahri, Shuyan (Rachel) Wang, Stephanie Tilenius, Tarun Kumar Jain, Vijay Talwar and Ying Vivian Liu.
View institutional ownership trends
.

How do I buy shares of ContextLogic?

Shares of WISH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:WISH) was last updated on 4/23/2024 by MarketBeat.com Staff

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