Full Answer
What is the ContextLogic (wish) stock forecast for 2025?
ContextLogic (WISH) stock forecast for 2025. Forecast tables and graphs. What analysts predict:: $4.46 This figure corresponds to the average price over the previous 50/200 days. For ContextLogic stocks, the 50-day moving average is the resistance level today. For ContextLogic stocks, the 200-day moving average is the resistance level today.
Will wish stock hit $3 by December 2022?
Citigroup also lowered its price target for the Wish stock from $7.50 to $5.50, with an upside of 15.30% while keeping the outlook neutral. According to the algorithm-based WISH share price forecast from Wallet Investor as of 31 January, Wish stock could reach a maximum price of $3.89 by the end of December 2022.
How much is a share of wish worth?
One share of WISH stock can currently be purchased for approximately $2.10. How much money does ContextLogic make? ContextLogic has a market capitalization of $1.35 billion and generates $2.09 billion in revenue each year. The company earns $-745 million in net income (profit) each year or ($0.58) on an earnings per share basis.
How do analysts forecast wish's earnings for 2022?
On average, analysts forecast that WISH's EPS will be $-0.18 for 2022, with the lowest EPS forecast at $-0.32, and the highest EPS forecast at $-0.11. In 2023, WISH's EPS is forecast to hit $0.18 (min: $0.18, max: $0.18).
What will WISH be worth in 2022?
Contextlogic's revenue in 2022 is $1,502,000,000. On average, 2 Wall Street analysts forecast WISH's revenue for 2022 to be $596,342,075,000, with the lowest WISH revenue forecast at $522,430,650,000, and the highest WISH revenue forecast at $670,253,500,000.
Is WISH Stock expected to rise?
ContextLogic Inc (NASDAQ:WISH) The 4 analysts offering 12-month price forecasts for ContextLogic Inc have a median target of 1.88, with a high estimate of 7.60 and a low estimate of 1.50. The median estimate represents a +10.95% increase from the last price of 1.69.
What is the target price for WISH?
Stock Price Target WISHHigh$7.60Median$1.88Low$1.50Average$3.21Current Price$1.63
Is WISH a long-term investment?
Going by the statistics and how the business is operating, it is clear that Wish Stock is not a good investment to make presently. According to Yahoo Finance, the long-term prognosis seems dismal and there are much better stocks to put your money in, even as the market experiences some turbulence.
Does WISH have potential?
Join Over 1 Million Premium Members Receiving… But for now, analysts still expect a lot of near-term pain. They expect Wish's revenue to drop 17% in 2021, decline 16% in 2022, and possibly rise 34% in 2023 if its turnaround efforts bear fruit.
How much will WISH go up?
Based on our forecasts, a long-term increase is expected, the "WISH" stock price prognosis for 2027-07-16 is 8.602 USD. With a 5-year investment, the revenue is expected to be around +437.63%. Your current $100 investment may be up to $537.63 in 2027. Get It Now!
Will WISH stock recover?
In other words, WISH stock will continue to fall, and there seems to be no end in sight for its decline. This is because ContextLogic will likely keep posting negative free cash flow and burning through its cash. Until the market sees an end to this situation, WISH stock likely won't recover.
Does WISH stock pay dividends?
WISH does not currently pay a dividend.
What is Nio price target?
NIO Inc (NYSE:NIO) The 32 analysts offering 12-month price forecasts for NIO Inc have a median target of 29.89, with a high estimate of 66.20 and a low estimate of 21.73.
Should I buy stock in WISH?
Should you buy Wish? Wish isn't doomed yet, but I still wouldn't buy the stock. Its low valuation and high short interest might limit its downside potential at these levels, but there also aren't any compelling reasons for the stock to rally.
Is WISH stock undervalued?
WISH fair value WISH ($1.49) is significantly undervalued...
Who invested in WISH?
Top 10 Owners of ContextLogic IncStockholderStakeTotal value ($)BlackRock Fund Advisors0.92%8,824,950Renaissance Technologies LLC0.85%8,166,080ProShare Advisors LLC0.84%8,047,747SSgA Funds Management, Inc.0.66%6,316,2776 more rows
Does WISH stock rebound?
Despite Bad News, WISH Stock Is Bouncing Back Slashing its marketing spend, it's no surprise it saw revenues for the holiday quarter fall 64% year-over-year. While net losses were down year-over-year, negative free cash flow in fourth-quarter 2021 (-$50 million) was double what it was for Q4 2020 (-$25 million).
Is Amazon going to buy WISH?
Alibaba and Amazon have had acquisition talks with Wish in the past year. One person close to top players at Wish says Amazon recently offered $10 billion in cash to buy the company, and Wish's CEO walked away.
Is WISH stock undervalued?
WISH fair value WISH ($1.49) is significantly undervalued...
Why WISH stock is going down?
The company could not sustain its growth under post-pandemic conditions that saw fewer tailwinds bolstering the e-commerce industry. WISH shares have dipped all the way to the $2 mark, thanks in large part to the company's revenue continuing to decrease quarter over quarter.
ContextLogic's earnings have been volatile
Earnings haven’t been a strong point for ContextLogic stock. The company's IPO filings revealed uneven growth and perennial losses, which have continued even after its listing. While losses are not unusual in the e-commerce space, the company's uneven revenue growth has been intriguing considering that the industry has been experiencing an uptrend.
WISH stock's long-term forecast
While ContextLogic stock could remain volatile in the long term, it shouldn't be written off. The e-commerce industry 's long-term forecast looks promising based on its sales growth as a percentage of total retail sales.
WISH stock's 2025 forecast
Analysts expect WISH to report revenue of $2.27 billion in 2021, and then for it to rise 4.6 percent to $2.37 billion in 2022. If the company can grow its revenue by 10 percent between 2022 and 2025, it would report revenue of $3.15 billion in 2025.
Historical and forecast chart of ContextLogic stock
The chart below shows the historical price of ContextLogic stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the ContextLogic stock price can be found in the table below.
ContextLogic price target for 2021 by month
The weighted average target price per ContextLogic share in Jan 2025 is: 2.01. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.604% volatility is expected.
Stock fundamental analysis: latest earnings
ContextLogic reported financial results for the third quarter ending 30 September 2021 in November 2021. The company’s net loss narrowed to $64m for that quarter from $99m a year earlier. But in the first nine months of the year, the net loss widened to $303m from $176m.
ContextLogic stock technical analysis: technical indicators
According to TradingView, the relative strength index (RSI) of the ContextLogic stock was pointing to ‘neutral’ at 33.70. The RSI of a stock lies between zero and 100. An RSI reading of more than 70 is considered ‘overbought’; it is considered ‘oversold’ or ‘undervalued’ when below 30.
Factors that may influence the WISH stock ahead
Although the company announced only a handful of major partnerships and collaborations last year, some of them do appear promising and may boost the firm’s financial position.
