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Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Closing prices for crude oil, gold and other commodities
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023

ContextLogic Stock Price, News & Analysis (NASDAQ:WISH)

$5.45
+0.15 (+2.83%)
(As of 12/8/2023 ET)
Compare
Today's Range
$5.00
$5.48
50-Day Range
$3.67
$6.52
52-Week Range
$3.55
$32.10
Volume
828,207 shs
Average Volume
774,985 shs
Market Capitalization
$130.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

ContextLogic MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
65.1% Upside
$9.00 Price Target
Short Interest
Healthy
15.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

Retail/Wholesale Sector

166th out of 205 stocks

Catalog & Mail - Order Houses Industry

5th out of 6 stocks


WISH stock logo

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 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.

WISH Stock Price History

WISH Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Dow Falls Over 100 Points; US Wholesale Inventories Edge Higher
What's Going On With ContextLogic Stock?
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q3 2023 ContextLogic Inc Earnings Call
ContextLogic Inc Ordinary Shares - Class A WISH
Shareholders of ContextLogic Seek Return of Cash
Shareholders of ContextLogic Demand Change to Board
What's Going On With ContextLogic (WISH) Stock?
See More Headlines
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Company Calendar

Last Earnings
5/12/2021
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Catalog & mail-order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:WISH
Fax
N/A
Employees
750
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
+65.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-384,000,000.00
Net Margins
-102.86%
Pretax Margin
-101.72%

Debt

Sales & Book Value

Annual Sales
$571 million
Book Value
$20.61 per share

Miscellaneous

Free Float
22,040,000
Market Cap
$130.85 million
Optionable
Optionable
Beta
1.91
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WISH Stock Analysis - Frequently Asked Questions

Should I buy or sell ContextLogic stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

3 Wall Street research analysts have issued twelve-month target prices for ContextLogic's shares. Their WISH share price targets range from $9.00 to $9.00. On average, they anticipate the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 65.1% 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 on January 1st, 2023. Since then, WISH stock has decreased by 62.8% and is now trading at $5.45.
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 Thursday, February 22nd 2024.
View our WISH earnings forecast
.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) announced its quarterly earnings results on Wednesday, May, 12th. The company reported ($6.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($5.40) by $0.90. The company earned $772 million during the quarter, compared to the consensus estimate of $743.77 million. ContextLogic had a negative trailing twelve-month return on equity of 95.93% and a negative net margin of 102.86%. The business's revenue for the quarter was up 75.5% compared to the same quarter last year. During the same period last year, the company earned ($18.60) EPS.
Read the conference call transcript
.

When did ContextLogic's stock split?

ContextLogic shares 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?

(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 many different retail and institutional investors. Top institutional shareholders include Cannell Capital LLC (3.67%), Charles Schwab Investment Management Inc. (2.35%), FMR LLC (1.91%), Simplex Trading LLC (0.00%), Federated Hermes Inc. (0.80%) and Bank of New York Mellon Corp (0.35%). 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.

This page (NASDAQ:WISH) was last updated on 12/9/2023 by MarketBeat.com Staff

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