Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ ContextLogic Inc. (WISH) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Cyclical | Internet Retail
$8.13
-0.01 (-0.12%)Did WISH Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Wish is one of their latest high-conviction picks.
WISH has shown a year-to-date change of 7.3% and a 1-year change of 21.0%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for WISH. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for WISH.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 9, 2023 | Citigroup | Ygal Arounian | Neutral | Upgrade | $5.50 |
| Nov 8, 2023 | Loop Capital | Laura Champine | Hold | Upgrade | $4.00 |
| Aug 8, 2023 | Citigroup | Arren Cyganovich | Sell | Maintains | $5.00 |
| Aug 7, 2023 | UBS | Kunal Madhukar | Neutral | Maintains | $6.50 |
| Aug 7, 2023 | Credit Suisse | Stephen Ju | Outperform | Maintains | $7.00 |
| Jun 29, 2023 | Loop Capital | Laura Champine | Sell | Downgrade | $7.00 |
| May 11, 2023 | Citigroup | Arren Cyganovich | Sell | Maintains | $7.00 |
| May 9, 2023 | Credit Suisse | Stephen Ju | Outperform | Maintains | $9.00 |
| Feb 28, 2023 | Citigroup | Arren Cyganovich | Sell | Maintains | $0.40 |
| Feb 24, 2023 | Credit Suisse | Stephen Ju | Outperform | Maintains | $4.40 |
| Nov 10, 2022 | Credit Suisse | Stephen Ju | Outperform | Maintains | $5.70 |
| Aug 10, 2022 | Credit Suisse | Stephen Ju | Outperform | Maintains | $7.20 |
| May 6, 2022 | Credit Suisse | Stephen Ju | Outperform | Maintains | $7.60 |
| Mar 22, 2022 | Loop Capital | Laura Champine | Hold | Downgrade | $2.00 |
| Mar 2, 2022 | Credit Suisse | Stephen Ju | Outperform | Maintains | $9.50 |
| Nov 11, 2021 | Credit Suisse | Stephen Ju | Outperform | Maintains | $12.00 |
| Nov 9, 2021 | Credit Suisse | Stephen Ju | Outperform | Maintains | $15.00 |
| Oct 4, 2021 | Oppenheimer | Underperform | Downgrade | $N/A | |
| Aug 13, 2021 | Credit Suisse | Stephen Ju | Outperform | Maintains | $19.00 |
| Aug 13, 2021 | William Blair | Market Perform | Downgrade | $N/A |
The following stocks are similar to Wish based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
ContextLogic Inc. has a market capitalization of $199.12M with a P/E ratio of -0.6x. The company generates $287.00M in trailing twelve-month revenue with a 20.6% profit margin.
Revenue growth is -32.1% quarter-over-quarter, while maintaining an operating margin of -114.3% and return on equity of -146.1%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Operates a mobile ecommerce platform.
The company generates revenue by connecting consumers with merchants through its Wish platform, facilitating transactions and providing marketplace and logistics services. This model allows merchants to reach a broader audience while offering consumers a wide range of products at competitive prices.
Founded in 2010, ContextLogic Inc. is headquartered in San Francisco, California, and operates internationally across multiple regions including Europe, North America, and South America.
Consumer Cyclical
Internet Retail
452
Mr. Rishi Bajaj
United States
2020
LOGC holds $222M in net cash and $2.7B in net operating losses (NOLs), backed by BC Partners, presenting a potential investment opportunity due to undervaluation and acquisition potential.
LOGC's strong cash position and significant NOLs, combined with backing from BC Partners, present a unique investment opportunity with potential for tax-advantaged growth and acquisitions.
ContextLogic has $2.9B in net operating losses, pivoting to tax asset monetization. Current cash per share is $6.7, with $5.9 in potential tax asset value. A $150M partnership with BC Partners enhances acquisition prospects.
ContextLogic's pivot to tax asset monetization, backed by $150M from BC Partners, presents a potential value unlock, making its current cash and tax asset valuation appealing for investors.
ContextLogic Inc. (NASDAQ: WISH) will change its ticker symbol to โLOGCโ on May 13, 2024, following the sale of its Wish e-commerce platform to Qube Network Pte. Ltd.
The ticker change to "LOGC" after the sale of the e-commerce platform signals a significant shift in ContextLogic's business model, impacting investor sentiment and company valuation.
ContextLogic Inc. (NASDAQ: WISH) will hold its Q1 2024 Earnings Conference Call on May 8, 2024, at 5:00 PM ET, featuring key executives including the CEO and CFO.
The earnings call indicates upcoming financial insights for ContextLogic, impacting stock valuation and investor sentiment. Key management insights may influence market expectations and trading decisions.
ContextLogic Inc. (Nasdaq: WISH) announced its financial results for Q1 2024, ending March 31. Further details on performance metrics were not provided in the excerpt.
ContextLogic's quarterly financial results indicate its performance and profitability, directly impacting stock valuation and investor sentiment.
ContextLogic Inc. (NASDAQ: WISH) will report Q1 2024 financial results on May 8, 2024, and host a conference call at 5:00 PM ET to discuss the results.
ContextLogic's upcoming financial results announcement on May 8 will provide insights into its performance and future outlook, impacting investor sentiment and stock valuation.
Analyst forecasts for ContextLogic Inc. (WISH) are not currently available. The stock is trading at $8.13.
Analyst ratings for WISH are not currently available. The stock is currently trading at $8.13. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for WISH are not currently available. The stock is trading at $8.13.
The company generates revenue by connecting consumers with merchants through its Wish platform, facilitating transactions and providing marketplace and logistics services. This model allows merchants to reach a broader audience while offering consumers a wide range of products at competitive prices.
Price targets from Wall Street analysts for WISH are not currently available. The stock is trading at $8.13.
Price targets from Wall Street analysts for WISH are not currently available. The stock is trading at $8.13.
Analyst ratings for WISH are not currently available. The stock is trading at $8.13.
Stock price projections, including those for ContextLogic Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.