NASDAQ:WISH

ContextLogic Stock Forecast, Price & News

$25.45

+0.70 (+2.83 %)

(As of 01/25/2021 09:03 AM ET)

Add

Compare

Today's Range

$25.15

Now: $25.45▼

$25.45

50-Day Range

$17.58

MA: $21.74▼

$28.13

52-Week Range

$17.41

Now: $25.45▼

$28.25

Volume1,271 shs

Average Volume5.67 million shs

Market Capitalization$14.94 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

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

Overall MarketRank^™

1.12 out of 5 stars

Consumer Cyclical Sector

11th out of 211 stocks

Internet Retail Industry

2nd out of 8 stocks

2.3 Analyst's Opinion

Consensus Rating
ContextLogic has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.50, ContextLogic has a forecasted upside of 3.0% from its current price of $24.75.
Amount of Analyst Coverage
ContextLogic has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
ContextLogic has received 8 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ContextLogic has received 4 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ContextLogic has received 66.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ContextLogic and other stocks. Vote “Outperform” if you believe WISH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WISH will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ContextLogic insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Internet Retail

Sub-IndustryN/A

SectorConsumer Cyclical

Current SymbolNASDAQ:WISH

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.wish.com

Phone415 432 7323

Employees828

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares586,982,000

Market Cap$14.94 billion

Next Earnings DateN/A

OptionableOptionable

$25.45

+0.70 (+2.83 %)

(As of 01/25/2021 09:03 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive WISH News and Ratings via Email

Sign-up to receive the latest news and ratings for WISH and its competitors with MarketBeat's FREE daily newsletter.

ContextLogic (NASDAQ:WISH) Frequently Asked Questions

How has ContextLogic's stock price been impacted by Coronavirus (COVID-19)?

ContextLogic's stock was trading at $0.3601 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WISH stock has increased by 6,967.5% and is now trading at $25.45.
View which stocks have been most impacted by COVID-19.

Is ContextLogic a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ContextLogic stock.
View analyst ratings for ContextLogic or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than ContextLogic?

Wall Street analysts have given ContextLogic a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ContextLogic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) issued its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm earned $1.36 million during the quarter.
View ContextLogic's earnings history.

What price target have analysts set for WISH?

14 brokers have issued twelve-month price objectives for ContextLogic's stock. Their forecasts range from $19.00 to $31.00. On average, they anticipate ContextLogic's stock price to reach $25.50 in the next year. This suggests a possible upside of 0.2% from the stock's current price.
View analysts' price targets for ContextLogic or view Wall Street analyst' top-rated stocks.

Who are some of ContextLogic's key competitors?

Some companies that are related to ContextLogic include 1847 Goedeker (GOED), 1847 Goedeker (GOED), AHAlife Holdings Limited (AHL.AX) (AHL), CBD of Denver (CBDD), Harris Technology Group Limited (HT8.AX) (HT8), Mercari (MCARY), Namaste Technologies Inc. (N.V) (N), Nextech Ar Solutions (NTAR), Ocado Group (OCDGF), Poshmark (POSH) and ZOZO (SRTTY).
View all of WISH's competitors.

Who are ContextLogic's key executives?

ContextLogic's management team includes the following people:

Mr. Peter Szulczewski, Founder, CEO & Chairperson (Age 40, Pay $450k)
Mr. Rajat Bahri, Chief Financial Officer (Age 56, Pay $358.75k)
Mr. Thomas Chuang, VP of Operations
Mr. Devang S. Shah, Gen. Counsel & Sec. (Age 49, Pay $326k)
Mr. Sheng Zhang, Co-Founder
Brett Just, Chief Accounting Officer

When did ContextLogic IPO?

(WISH) raised $1.1 billion in an initial public offering (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 acted as the underwriters for the IPO and Citigroup, Deutsche Bank Securities, UBS Investment Bank, RBC Capital Markets and Credit Suisse were co-managers.

What is ContextLogic's stock symbol?

ContextLogic trades on the NASDAQ under the ticker symbol "WISH."

When did ContextLogic's quiet period expire?

ContextLogic's quiet period expired on Monday, January 25th. ContextLogic had issued 46,000,000 shares in its public offering on December 16th. The total size of the offering was $1,104,000,000 based on an initial share price of $24.00. During ContextLogic's quiet period, underwriters and any insiders involved in the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Who are ContextLogic's major shareholders?

ContextLogic's stock is owned by a variety of institutional and retail investors. Top institutional investors include International Assets Investment Management LLC (0.00%). Company insiders that own ContextLogic stock include Cove Street Capital, Llc, Dort A Cameron III and Harvey P Eisen.
View institutional ownership trends for ContextLogic.

Which institutional investors are buying ContextLogic stock?

WISH stock was bought by a variety of institutional investors in the last quarter, including International Assets Investment Management LLC. Company insiders that have bought ContextLogic stock in the last two years include Cove Street Capital, Llc, Dort A Cameron III, and Harvey P Eisen.
View insider buying and selling activity for ContextLogic or or view top insider-buying stocks.

How do I buy shares of ContextLogic?

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

What is ContextLogic's stock price today?

One share of WISH stock can currently be purchased for approximately $25.45.

How big of a company is ContextLogic?

ContextLogic has a market capitalization of $14.94 billion. ContextLogic employs 828 workers across the globe.

What is ContextLogic's official website?

The official website for ContextLogic is www.wish.com.

How can I contact ContextLogic?

The company can be reached via phone at 415 432 7323.

This page was last updated on 1/25/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here