ContextLogic Stock Forecast, Price & News

$9.98
+0.37 (+3.85 %)
(As of 08/5/2021 12:00 AM ET)
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Today's Range
$9.47
$10.02
50-Day Range
$7.74
$14.40
52-Week Range
$7.52
$32.85
Volume17.90 million shs
Average Volume31.50 million shs
Market Capitalization$6.18 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
30 days | 90 days | 365 days | Advanced Chart
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ContextLogic logo

About ContextLogic

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

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MarketRank

Overall MarketRank

2.08 out of 5 stars

Retail/Wholesale Sector

131st out of 261 stocks

Catalog & Mail-Order Houses Industry

15th out of 30 stocks

Analyst Opinion: 3.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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ContextLogic (NASDAQ:WISH) Frequently Asked Questions

Is ContextLogic a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 9 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 top-rated stocks.

What stocks does MarketBeat like better than ContextLogic?

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

Are investors shorting ContextLogic?

ContextLogic saw a increase in short interest in July. As of July 15th, there was short interest totaling 28,890,000 shares, an increase of 37.7% from the June 30th total of 20,980,000 shares. Based on an average daily volume of 61,890,000 shares, the short-interest ratio is currently 0.5 days. Currently, 8.5% of the shares of the company are sold short.
View ContextLogic's Short Interest
.

When is ContextLogic's next earnings date?

ContextLogic is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for ContextLogic
.

How can I listen to ContextLogic's earnings call?

ContextLogic will be holding an earnings conference call on Thursday, August 12th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) announced its earnings results on Wednesday, May, 12th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.18) by $0.03. The company earned $772 million during the quarter, compared to analysts' expectations of $743.77 million. The firm's quarterly revenue was up 75.5% on a year-over-year basis. During the same quarter last year, the business earned ($0.62) earnings per share.
View ContextLogic's earnings history
.

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 2,671.5% and is now trading at $9.98.
View which stocks have been most impacted by COVID-19
.

What guidance has ContextLogic issued on next quarter's earnings?

ContextLogic updated its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $715 million-730 million, compared to the consensus revenue estimate of $759.13 million.

What price target have analysts set for WISH?

14 brokerages have issued 12-month price objectives for ContextLogic's stock. Their forecasts range from $12.00 to $30.00. On average, they anticipate ContextLogic's stock price to reach $21.67 in the next twelve months. This suggests a possible upside of 117.1% from the stock's current price.
View analysts' price targets for ContextLogic
or view top-rated stocks among Wall Street analysts.

Who are ContextLogic's key executives?

ContextLogic's management team includes the following people:
  • Ms. Jacqueline D. Reses, Exec. Chairman (Age 51)
  • Mr. Peter Szulczewski, Founder, CEO & Director (Age 39, Pay $450k)
  • Mr. Thomas Chuang, VP of Operations
  • Mr. Devang S. Shah, Gen. Counsel & Sec. (Age 49, Pay $376.67k)
  • Mr. Sheng Zhang, Co-Founder
  • Brett Just, Chief Accounting Officer
  • Dennis Walsh, VP of Investor Relations

Who are some of ContextLogic's key competitors?

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 a price of $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 lock-up period expire?

ContextLogic's lock-up period expired on Monday, June 14th. 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. Since the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Who are ContextLogic's major shareholders?

ContextLogic's stock is owned by a number of institutional and retail investors. Top institutional investors include Avory & Company LLC (0.26%), Cutler Group LP (0.00%), Ieq Capital LLC (0.06%), Windmill Hill Asset Management Ltd (0.06%), Arkadios Wealth Advisors (0.05%) and Crestone Asset Management LLC (0.03%). Company insiders that own ContextLogic stock include Brett Just, Cove Street Capital, Llc, Devang Shah, Dort A Cameron III, Harvey P Eisen, Pai Liu, Peiyen Chuang, Piotr Szulczewski and Rajat Bahri.
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 Avory & Company LLC, Cutler Group LP, Ieq Capital LLC, Windmill Hill Asset Management Ltd, Arkadios Wealth Advisors, Crestone Asset Management LLC, Cypress Point Wealth Management LLC, and Alliancebernstein L.P.. Company insiders that have bought ContextLogic stock in the last two years include 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.
Compare Top Brokerages Here.

What is ContextLogic's stock price today?

One share of WISH stock can currently be purchased for approximately $9.98.

How much money does ContextLogic make?

ContextLogic has a market capitalization of $6.18 billion and generates $2.54 billion in revenue each year. The company earns $-745,000,000.00 in net income (profit) each year or ($5.87) on an earnings per share basis.

How many employees does ContextLogic have?

ContextLogic employs 875 workers across the globe.

What is ContextLogic's official website?

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

Where are ContextLogic's headquarters?

ContextLogic is headquartered at ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA, 94104.

How can I contact ContextLogic?

ContextLogic's mailing address is ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA, 94104. The company can be reached via phone at 415 432 7323.


This page was last updated on 8/5/2021 by MarketBeat.com Staff
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