NASDAQ:WISH

ContextLogic Stock Forecast, Price & News

$24.75

-0.09 (-0.36 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$23.90

Now: $24.75▼

$25.17

50-Day Range

$17.58

MA: $21.74▼

$28.13

52-Week Range

$17.41

Now: $24.75▼

$28.25

Volume2.74 million shs

Average Volume6.07 million shs

Market Capitalization$14.53 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$14.53 billion

Next Earnings DateN/A

OptionableOptionable

$24.75

-0.09 (-0.36 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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ContextLogic (NASDAQ:WISH) Frequently Asked Questions

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

ContextLogic's stock was trading at $0.3601 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WISH stock has increased by 6,773.1% and is now trading at $24.75.
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 company earned $1.36 million during the quarter.
View ContextLogic's earnings history.

What price target have analysts set for WISH?

14 brokers have issued 12 month target prices for ContextLogic's stock. Their forecasts range from $19.00 to $31.00. On average, they expect ContextLogic's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 3.0% 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 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 the company'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 the company's quiet period, insiders and underwriters involved in the IPO were restricted from issuing any research reports for the company because of SEC regulations. 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 acquired 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 $24.75.

How big of a company is ContextLogic?

ContextLogic has a market capitalization of $14.53 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

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