ContextLogic, Inc. (WISH)

NASDAQ: WISH · IEX Real-Time Price · USD
0.950
+0.089 (10.28%)
At close: Sep 28, 2022 4:00 PM
0.942
-0.008 (-0.81%)
After-hours: Sep 28, 2022 7:59 PM EDT
10.28%
Market Cap 636.57M
Revenue (ttm) 980.00M
Net Income (ttm) -272.00M
Shares Out 670.00M
EPS (ttm) -0.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 25,593,356
Open 0.870
Previous Close 0.862
Day's Range 0.850 - 0.979
52-Week Range 0.818 - 6.310
Beta n/a
Analysts Sell
Price Target 3.15 (+231.5%)
Earnings Date Nov 8, 2022

About 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. [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date Dec 16, 2020
CEO Vijay Talwar
Employees 1,218
Stock Exchange NASDAQ
Ticker Symbol WISH
Full Company Profile

Financial Performance

In 2021, ContextLogic's revenue was $2.09 billion, a decrease of -17.95% compared to the previous year's $2.54 billion. Losses were -$361.00 million, -51.54% less than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WISH stock is "Sell." The 12-month stock price forecast is 3.15, which is an increase of 231.54% from the latest price.

Price Target
$3.15
(231.54% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Is There Any Hope Left for Wish Stock?

The e-commerce underdog faces an existential crisis.

2 days ago - The Motley Fool

Wish to Continue Withhold to Cover Process to Reduce Share Dilution From Restricted Share Units (RSUs) and Employee O...

SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a Wish or the “Company”) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, announced today that the company will continue its ...

1 week ago - Business Wire

Wish ditches new CEO after just 7 months

Struggling e-commerce company Wish announced Thursday afternoon that its chief executive is departing the company immediately, only seven months after he was named to the post.

2 weeks ago - Market Watch

Wish Appoints Joe Yan Interim CEO and Reiterates Third Quarter 2022 Adjusted EBITDA Guidance

SAN FRANCISCO--(BUSINESS WIRE)--Wish today announced that Joe Yan has been appointed Interim CEO, and that Vijay Talwar has departed the Company as CEO and from the Board.

2 weeks ago - Business Wire

Former CEO Piotr Szulczewski Is Selling Off ContextLogic (WISH) Stock

ContextLogic (NASDAQ: WISH ) stock is in focus following several insider sales by 10% owner and former CEO Piotr Szulczewski. After taking a look at the e-commerce platform's second-quarter earnings, th...

3 weeks ago - InvestorPlace

ETFs & Stocks to Win Despite a Stagnant July Retail Sales

Retail sales in the United States unexpectedly stalled in July of 2022, missing market expectations of a 0.1% increase.

1 month ago - Zacks Investment Research

Wish Has a Long Way to Go Before I'd Consider Buying It

Early green shoots suggest Wish is doing the right things to turn around its business.

1 month ago - The Motley Fool

Wish Launches Global Brand Campaign to Support Rebrand Effort

SAN FRANCISCO--(BUSINESS WIRE)-- #adcampaign--Wish Launches Global Brand Campaign to Support Rebrand Effort

1 month ago - Business Wire

7 Penny Stocks to Avoid in August

With the meme stock mania in the rear-view mirror and the equities market in shambles, it's probably a good time to think about penny stocks to avoid. Several penny stocks caught fire last year as part ...

1 month ago - InvestorPlace

Wish Reveals New Brand Amidst Major Overhaul of User Experience

SAN FRANCISCO--(BUSINESS WIRE)-- #ecommerce--Wish Reveals New Brand Amidst Major Overhaul of User Experience

1 month ago - Business Wire

Wish Reports Second-Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Q2 2022 Results

1 month ago - Business Wire

​Wish Announces Changes to Board of Directors and Enhancements to Management Team

SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a Wish or the “Company”) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced changes to its Board of Directors a...

1 month ago - Business Wire

Leeds United announce global ecommerce platform Wish as Official Partner

LEEDS, United Kingdom, July 13, 2022 (GLOBE NEWSWIRE) -- Leeds United are delighted to announce that one of the world's largest mobile e-commerce platforms, Wish (NASDAQ: WISH), will be the club's new O...

2 months ago - GlobeNewsWire

Avoid Wishful Thinking and Steer Clear of ContextLogic Stock

Selling cheap products hasn't been a profitable business model for ContextLogic, so it's logical to stay away from WISH stock altogether. The post Avoid Wishful Thinking and Steer Clear of ContextLogic ...

2 months ago - InvestorPlace

If You Own These 3 Growth Stocks, You Might Want To Rethink Your Position

Wish, Grab, and Matterport are all deeply distressed companies.

Other symbols: GRABMTTR
2 months ago - The Motley Fool

Wish CEO Launches Vlog Series to Share Updates on Turnaround Journey

New vlog series “Inside Wish” features CEO Vijay Talwar on the transformative changes happening at Wish New vlog series “Inside Wish” features CEO Vijay Talwar on the transformative changes happening at...

2 months ago - GlobeNewsWire

ContextLogic (Nasdaq: WISH) to join the Russell 3000 Index

SAN FRANCISCO, June 24, 2022 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced the company expects to join the bro...

3 months ago - GlobeNewsWire

WISH Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile e-commerce platforms, today announced, as required by Nasdaq Listing Rule 5635(c)(4), the...

3 months ago - Business Wire

2 Cash-Burning Businesses Investors Should Avoid

These stocks are down more than 75% in the past year, and there's no rally in sight.

Other symbols: ACB
3 months ago - The Motley Fool

WISH Stock News: Hey ContextLogic Investors, Mark Your Calendars for June 24

Today, investors in ContextLogic have a unique catalyst to price in as WISH stock heads more than 12% higher today. The post WISH Stock News: Hey ContextLogic Investors, Mark Your Calendars for June 24 ...

3 months ago - InvestorPlace

7 Popular Penny Stocks to Avoid at All Costs

In the case of these seven popular penny stocks, their respective declines are as much the product of worsening fundamentals as they are the product of changing market conditions. The post 7 Popular Pen...

Other symbols: BBIGCEIMULNSKLZTLRYVRM
3 months ago - InvestorPlace

Wish Is Not Out of the Woods Yet

There is still plenty the company must do to get back on track.

3 months ago - The Motley Fool

Contextlogic Is a Falling Knife You Should Not Touch

WISH stock has been trending downwards since its IPO, and it can go even lower due to the company struggling with its finances. The post Contextlogic Is a Falling Knife You Should Not Touch appeared fir...

3 months ago - InvestorPlace

Is It Too Late to Buy Wish Stock?

The struggling e-commerce company still has a lot to prove.

4 months ago - The Motley Fool

Better Value Tech Stock: Wish or Skillz

One of these fallen growth stocks has a better shot at a comeback.

Other symbols: SKLZ
4 months ago - The Motley Fool