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FAQs
What is the wish forecast for ContextLogic? ›
WISH Earnings Forecast
Next quarter's earnings estimate for WISH is -$0.06 with a range of -$0.06 to -$0.06. The previous quarter's EPS was -$2.43. WISH beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 60.80% of the time in the same period.
| High | $6.10 |
|---|---|
| Median | $6.10 |
| Low | $6.10 |
| Average | $6.10 |
| Current Price | $5.18 |
Given the current short-term trend, the stock is expected to fall -18.12% during the next 3 months and, with a 90% probability hold a price between $3.48 and $4.53 at the end of this 3-month period.
What is the analyst rating for ContextLogic? ›Analysts like ContextLogic less than other "retail/wholesale" companies. The consensus rating score for ContextLogic is 2.00 while the average consensus rating score for "retail/wholesale" companies is 2.42. Learn more on how WISH compares to other companies.
Why is Wish stock so low? ›Wish's stock plummeted after its latest earnings report. It continues to lose active users, and its revenues are still declining. Its stock won't recover until its sequential growth stabilizes.
Is Wish stock a buy? ›Wall St
Wall Street analysts forecast WISH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WISH is 6.02 USD with a low forecast of 5.96 USD and a high forecast of 6.2 USD.
Largest shareholders include BlackRock Inc., Vanguard Group Inc, Charles Schwab Investment Management Inc, Formation8 GP, LLC, GGV Capital LLC, FNDA - Schwab Fundamental U.S. Small Company Index ETF, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, General Atlantic Llc, IWM - iShares Russell 2000 ETF, ...
Who owns wish company? ›Wish was founded in 2010 by Piotr Szulczewski (former CEO) and Danny Zhang (former CTO). U.S. Wish is currently operated by ContextLogic Inc. in San Francisco, United States, pending the completion of a sale to Qoo10 initiated in February 2024.
Does wish pay dividends? ›Contextlogic (NASDAQ: WISH) does not pay a dividend.
How much cash does ContextLogic have? ›Cash on Hand as of December 2023 : $0.38 B
According to ContextLogic (wish.com)'s latest financial reports the company has $0.38 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.
Who owns ContextLogic? ›
Who owns Contextlogic? Contextlogic (NASDAQ: LOGC) is owned by 49.72% institutional shareholders, 597.16% Contextlogic insiders, and 0.00% retail investors. Founders Fund V Management LLC is the largest individual Contextlogic shareholder, owning 46.74M shares representing 190.83% of the company.
What does ContextLogic do? ›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 consumers to merchants. It also provides marketplace and logistics services to merchants.
How reliable are analyst price targets? ›Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.
What is the stock market prediction for ContextLogic? ›ContextLogic stock price stood at $5.13
According to the latest long-term forecast, ContextLogic price will hit $9 by the end of 2025 and then $12 by the end of 2026. ContextLogic will rise to $15 within the year of 2028, $17 in 2029, $20 in 2031 and $25 in 2035.
Some Wall Street analyst ratings are highly accurate, meaning their ratings lead to successful returns for investors. However, in the stock market, nothing is truly guaranteed. This means investors want to interpret analyst ratings with a healthy dose of skepticism.
What is ContextLogic net worth? ›ContextLogic has a market cap or net worth of $128.58 million. The enterprise value is -$172.42 million.
