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 twelve months. 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 predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 56.8% 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 3.5% and is now trading at $5.74. 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) announced its quarterly earnings results on Monday, March, 4th. The company reported ($2.82) earnings per share (EPS) for the quarter. The firm earned $53 million during 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?

Shares of ContextLogic 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 closing bell 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 initial public offering on Wednesday, December 16th 2020. The company issued 46,000,000 shares at a price of $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 institutional and retail 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 .

NASDAQ:WISH

ContextLogic (WISH) Stock Price, News & Analysis

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$5.97

+0.23 (+4.01%)

(As of 10:47 AM ET)

Compare

Today's Range: $5.70
▼
$5.98
50-Day Range: $4.50
▼
$6.90
52-Week Range: $3.55
▼
$10.30

Volume: 699,196 shs
Average Volume: 1.01 million shs
Market Capitalization: $145.67 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.00

Get ContextLogic alerts:

ContextLogic MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 56.8% Upside
$9.00 Price Target
Short Interest: Bearish
16.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.14
Based on 4 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.

1.18 out of 5 stars

Retail/Wholesale Sector

170th out of 202 stocks

Catalog & Mail - Order Houses Industry

12th out of 13 stocks

3.0

Analyst's Opinion

Consensus Rating
ContextLogic has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
ContextLogic has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
16.59% of the float of ContextLogic has been sold short.
Short Interest Ratio / Days to Cover
ContextLogic has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ContextLogic has recently increased by 16.61%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
ContextLogic does not currently pay a dividend.
Dividend Growth
ContextLogic does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WISH.

1.7

News and Social Media Coverage

News Sentiment
ContextLogic has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for ContextLogic this week, compared to 2 articles on an average week.
Search Interest
Only 16 people have searched for WISH on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ContextLogic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,474.00 in company stock.
Percentage Held by Insiders
Only 8.20% of the stock of ContextLogic is held by insiders.
Percentage Held by Institutions
46.05% of the stock of ContextLogic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ContextLogic is -0.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ContextLogic is -0.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ContextLogic has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

WISH Stock News Headlines

April 19, 2024 | baystreet.ca

ContextLogic Flat on Completing Sale to Qoo

April 19, 2024 | finanznachrichten.de

Wish: ContextLogic Announces Stockholder Approval of Transaction with Qoo10

April 19, 2024 | DTI (Ad)

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April 19, 2024 | globenewswire.com

ContextLogic Announces Stockholder Approval of Transaction with Qoo10

April 17, 2024 | globenewswire.com

ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

April 15, 2024 | globenewswire.com

CONTEXTLOGIC VOTE UPDATE: Less Than 350,000 Shares Needed to Approve the Proposed Transaction with Qoo10

April 12, 2024 | globenewswire.com

ContextLogic Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Transaction with Qoo10

April 11, 2024 | finanznachrichten.de

Wish: ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

April 19, 2024 | DTI (Ad)

With the “Bitcoin Loophole” you can supercharge the gains by 10x or more

April 11, 2024 | globenewswire.com

ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

April 3, 2024 | globenewswire.com

ContextLogic Reminds Stockholders to Vote FOR the Value-Maximizing Transaction with Qoo10 Today

April 2, 2024 | msn.com

ContextLogic says Rishi Bajaj to become CEO after Qoo10 deal closing

April 2, 2024 | marketwatch.com

ContextLogic Names Rishi Bajaj as New CEO After Wish Platform Sale

April 2, 2024 | globenewswire.com

ContextLogic Announces Post-Closing Board of Directors and Management Team

March 29, 2024 | finanznachrichten.de

Wish: Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote "FOR" Pending Transaction with Qoo10

March 28, 2024 | stockhouse.com

Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote "FOR" Pending Transaction with Qoo10

March 28, 2024 | globenewswire.com

Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote “FOR” Pending Transaction with Qoo10

March 27, 2024 | investorplace.com

Rate Cuts Reality Check: 7 Stocks to Sell in the Face of Limited Monetary Easing

March 25, 2024 | finanznachrichten.de

Wish: ContextLogic Stockholders Can Vote Today "FOR" the Value Maximizing Transaction with Qoo10

March 25, 2024 | globenewswire.com

ContextLogic Stockholders Can Vote Today “FOR” the Value Maximizing Transaction with Qoo10

March 21, 2024 | investing.com

ContextLogic executive sells over $335k in company stock

March 20, 2024 | msn.com

PDD Stock: Keep Your Eyes on the $200 Prize

March 20, 2024 | finanznachrichten.de

Cannell Capital LLC: Rescue WISH Believes That the Transaction Announced by WISH Is in the Best Interests of All Shareholders

March 20, 2024 | finance.yahoo.com

Rescue WISH Believes That the Transaction Announced by WISH Is in the Best Interests of All Shareholders

March 18, 2024 | globenewswire.com

ContextLogic Files Definitive Proxy Statement Regarding Proposed Transaction with Qoo10

March 18, 2024 | investorplace.com

Danger Zone: 3 Risky Stocks to Dump Now Before Losses Mount

March 16, 2024 | investing.com

ContextLogic SVP of finance sells shares worth over $50k

See More Headlines

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Company Calendar

Last Earnings: 3/04/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Catalog & mail - order houses
Sub-Industry: N/A
Current Symbol: NASDAQ:WISH
CUSIP: N/A
CIK: 1822250
Web: www.wish.com
Phone: 415-432-7323
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: +56.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($13.38)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-317,000,000.00
Net Margins: -113.62%
Pretax Margin: -108.71%
Return on Equity: -102.51%
Return on Assets: -57.85%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.09
Quick Ratio: 2.09

Sales & Book Value

Annual Sales: $287 million
Price / Sales: 0.49
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $8.96 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 24,400,000
Free Float: 22,397,000
Market Cap: $140.06 million
Optionable: Optionable
Beta: 2.18

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Key Executives

Mr. Jun Yan (Age 41)
CEO & Director
Comp: $637.5k
Ms. Ying Liu (Age 48)
CFO & COO
Comp: $550k
Mr. Sheng Zhang
Co-Founder
Mr. Brett Just (Age 42)
Chief Accounting Officer
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 56.8% 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 3.5% and is now trading at $5.74.
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) announced its quarterly earnings results on Monday, March, 4th. The company reported ($2.82) earnings per share (EPS) for the quarter. The firm earned $53 million during 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?: Shares of ContextLogic 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 closing bell 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 initial public offering on Wednesday, December 16th 2020. The company issued 46,000,000 shares at a price of $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 institutional and retail 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 4/19/2024 by MarketBeat.com Staff

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