Positive News SentimentPositive NewsNASDAQ:WISH ContextLogic (WISH) Stock Forecast, Price & News $6.86 -0.15 (-2.14%) (As of 02:58 PM ET) Add Compare Share Share Today's Range$6.61▼$6.9850-Day Range$6.49▼$238.5052-Week Range$6.36▼$63.60Volume564,949 shsAverage Volume1.26 million shsMarket Capitalization$161.62 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ContextLogic MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside31.0% Upside$9.00 Price TargetShort InterestHealthy13.07% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$206,620 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($15.00) to ($10.91) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsRetail/Wholesale Sector267th out of 424 stocksCatalog & Mail-Order Houses Industry21st out of 28 stocks 3.0 Analyst's Opinion Consensus RatingContextLogic has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, ContextLogic has a forecasted upside of 31.0% from its current price of $6.87.Amount of Analyst CoverageContextLogic has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted13.07% of the float of ContextLogic has been sold short.Short Interest Ratio / Days to CoverContextLogic has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ContextLogic has recently decreased by 2.66%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldContextLogic does not currently pay a dividend.Dividend GrowthContextLogic does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WISH. Previous Next 2.7 News and Social Media Coverage News SentimentContextLogic has a news sentiment score of 1.87. 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 higher news sentiment than the 0.47 average news sentiment score of Retail/Wholesale companies.Search InterestOnly 34 people have searched for WISH on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added ContextLogic to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn 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 $206,620.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of ContextLogic is held by insiders.Percentage Held by InstitutionsOnly 34.60% of the stock of ContextLogic is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for ContextLogic are expected to grow in the coming year, from ($15.00) to ($10.91) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ContextLogic is -0.38, 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. SectorThe P/E ratio of ContextLogic is -0.38, 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 RatioContextLogic has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ContextLogic (NASDAQ:WISH) StockContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce 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.Read More Receive WISH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ContextLogic and its competitors with MarketBeat's FREE daily newsletter. Email Address WISH Stock News HeadlinesMay 21, 2023 | msn.comContextLogic: $17 Billion To A Negative Enterprise Value In Just Over 2 YearsMay 17, 2023 | finance.yahoo.comWall Street Analysts Think ContextLogic Inc. (WISH) Could Surge 35.55%: Read This Before Placing a BetJune 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 16, 2023 | msn.comContextLogic's Return On Capital Employed InsightsMay 16, 2023 | finance.yahoo.comContextLogic Inc. (WISH) Just Overtook the 20-Day Moving AverageMay 12, 2023 | msn.comCitigroup Maintains ContextLogic Inc - (WISH) Sell RecommendationMay 11, 2023 | msn.comCredit Suisse Maintains ContextLogic Inc - (WISH) Outperform RecommendationMay 10, 2023 | markets.businessinsider.comContextLogic (WISH) Receives a Sell from CitigroupJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 10, 2023 | marketwatch.comContextLogic Inc. stock outperforms competitors on strong trading dayMay 10, 2023 | marketwatch.comContextLogic Inc. stock falls Tuesday, still outperforms marketMay 9, 2023 | americanbankingnews.comCredit Suisse Group Raises ContextLogic (NASDAQ:WISH) Price Target to $9.00May 4, 2023 | finance.yahoo.comWish Reports First-Quarter 2023 Financial ResultsMay 3, 2023 | americanbankingnews.comContextLogic (WISH) Scheduled to Post Quarterly Earnings on ThursdayApril 30, 2023 | marketwatch.comContextLogic Inc. stock outperforms competitors despite losses on the dayApril 29, 2023 | americanbankingnews.comContextLogic Inc. (NASDAQ:WISH) Short Interest UpdateApril 27, 2023 | finance.yahoo.comEarnings Preview: ContextLogic Inc. (WISH) Q1 Earnings Expected to DeclineApril 21, 2023 | investorplace.com5 Investors Betting Big on ContextLogic (WISH) Stock in 2023April 21, 2023 | investorplace.comWISH Stock Alert: Why Is ContextLogic Up 20% Today?April 20, 2023 | finance.yahoo.comWish Announces $50 Million Share Repurchase ProgramApril 13, 2023 | finance.yahoo.comWish to Announce First Quarter 2023 Results on May 4, 2023April 13, 2023 | seekingalpha.comContextLogic: Don't Fall For The Reverse Stock SplitApril 13, 2023 | bizjournals.comE-commerce platform Wish restructures stock to stave off stock market delistingApril 12, 2023 | msn.comWhy ContextLogic Stock Is Getting HammeredApril 12, 2023 | msn.comWISH Stock: What a 1-for-30 Reverse Split Means for ContextLogicApril 12, 2023 | msn.comContextLogic stock crashes after announcing reverse stock splitApril 12, 2023 | proactiveinvestors.comContextLogic shares tumble on reverse stock split announcementSee More Headlines WISH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WISH Company Calendar Last Earnings5/04/2023Today6/01/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Catalog & mail-order houses Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:WISH CUSIPN/A CIK1822250 Webwww.wish.com Phone415-432-7323FaxN/AEmployees1,218Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.00 High Stock Price Forecast$9.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+28.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($17.9441) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-384,000,000.00 Net Margins-86.40% Pretax Margin-86.19% Return on Equity-72.85% Return on Assets-45.52% Debt Debt-to-Equity RatioN/A Current Ratio2.48 Quick Ratio2.48 Sales & Book Value Annual Sales$571 million Price / Sales0.29 Cash FlowN/A Price / Cash FlowN/A Book Value$17.44 per share Price / Book0.40Miscellaneous Outstanding Shares23,560,000Free Float21,632,000Market Cap$164.45 million OptionableOptionable Beta1.49 Key ExecutivesMs. Ying Liu (Age 46)CFO & COO Comp: $502.08kMr. Brett Just (Age 40)Chief Accounting Officer Comp: $385.75kMr. Tarun Kumar Jain (Age 43)Chief Customer & Product Officer Comp: $453kMr. Jun Yan (Age 40)Interim Chief Exec. Officer Mr. Sheng ZhangCo-FounderMr. Jerry LouisInterim Chief Technology OfficerMr. Devang S. Shah (Age 50)Chief Admin. Officer Mr. Randall J. ScheragoVP of Investor RelationsMr. Mauricio MonicoChief Merchant Officer - ProductMore ExecutivesKey Competitors1stdibs.ComNASDAQ:DIBSLulu's Fashion LoungeNASDAQ:LVLUJumia TechnologiesNYSE:JMIAHour LoopNASDAQ:HOURa.k.a. BrandsNYSE:AKAView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 688,777 shares on 5/26/2023Ownership: 23.780%JPMorgan Chase & Co.Bought 125,682 shares on 5/18/2023Ownership: 5.639%New York State Common Retirement FundSold 139,724 shares on 5/18/2023Ownership: 1.104%AQR Capital Management LLCSold 78,807 shares on 5/16/2023Ownership: 1.458%Jane Street Group LLCBought 30,800 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WISH Stock - 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 1 sell rating and 1 buy rating 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 forecast for 2023? 2 Wall Street research analysts have issued twelve-month price objectives for ContextLogic's shares. Their WISH share price forecasts 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 28.9% 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 2023? ContextLogic's stock was trading at $14.6310 at the start of the year. Since then, WISH shares have decreased by 52.3% and is now trading at $6.98. View the best growth stocks for 2023 here. When is ContextLogic's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our WISH earnings forecast. How were ContextLogic's earnings last quarter? ContextLogic Inc. (NASDAQ:WISH) issued its earnings results on Thursday, May, 4th. The company reported ($3.83) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.91) by $0.08. The business had revenue of $96 million for the quarter, compared to analysts' expectations of $106.79 million. ContextLogic had a negative trailing twelve-month return on equity of 72.85% and a negative net margin of 86.40%. What ETF holds ContextLogic's stock ? ProShares Long Online/Short Stores ETF holds 59,458 shares of WISH stock, representing 2.45% of its portfolio. When did ContextLogic's stock split? Shares of ContextLogic reverse split on 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. What guidance has ContextLogic issued on next quarter's earnings? ContextLogic issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $91.00 million-$102.00 million, compared to the consensus revenue estimate of $127.33 million. 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 served 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." Who are ContextLogic's major shareholders? ContextLogic's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (182.22%), State Street Corp (48.95%), Geode Capital Management LLC (46.52%), Renaissance Technologies LLC (43.76%), ProShare Advisors LLC (24.21%) and ProShare Advisors LLC (23.78%). 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 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 $6.98. How much money does ContextLogic make? ContextLogic (NASDAQ:WISH) has a market capitalization of $164.45 million and generates $571 million in revenue each year. The company earns $-384,000,000.00 in net income (profit) each year or ($17.9441) on an earnings per share basis. How many employees does ContextLogic have? The company employs 1,218 workers across the globe. How can I contact ContextLogic? ContextLogic's mailing address is ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA, 94104. The official website for the company is www.wish.com. The company can be reached via phone at 415-432-7323 or via email at ir@wish.com. 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