ContextLogic Inc. (WISH)
NASDAQ: WISH · IEX Real-Time Price · USD
5.68
-0.03 (-0.44%)
Apr 26, 2024, 2:44 PM EDT - Market open
ContextLogic Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ContextLogic stock have an average target of 5.60, with a low estimate of 4.00 and a high estimate of 7.00. The average target predicts a decrease of -1.32% from the current stock price of 5.68.
Analyst Consensus: Hold
* Price targets were last updated on Nov 9, 2023.
Analyst Ratings
The average analyst rating for ContextLogic stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $5 → $5.5 | Strong Sell → Hold | Upgrades | $5 → $5.5 | -3.08% | Nov 9, 2023 |
| Loop Capital | Loop Capital | Strong Sell → Hold Upgrades $6 → $4 | Strong Sell → Hold | Upgrades | $6 → $4 | -29.52% | Nov 8, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $7 → $5 | Strong Sell | Maintains | $7 → $5 | -11.89% | Aug 8, 2023 |
| UBS | UBS | Hold Maintains $7.8 → $6.5 | Hold | Maintains | $7.8 → $6.5 | +14.54% | Aug 7, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $9 → $7 | Buy | Maintains | $9 → $7 | +23.35% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
217.06M
from 287.00M
Decreased by -24.37%
Revenue Next Year
229.35M
from 217.06M
Increased by 5.66%
EPS This Year
-6.38
from -13.36
EPS Next Year
-5.26
from -6.38
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 223.4M | 236.1M | 173.8M | 266.1M |
| Avg | 217.1M | 229.4M | 168.8M | 258.5M |
| Low | 208.5M | 220.4M | 162.2M | 248.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -22.1% | 8.8% | -24.2% | 57.6% |
| Avg | -24.4% | 5.7% | -26.4% | 53.1% |
| Low | -27.3% | 1.5% | -29.3% | 47.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -6.56 | -5.42 |
| Avg | -6.38 | -5.26 |
| Low | -6.13 | -5.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.