The ContextLogic Inc (WISH) stock price forecast for the next 12 months is generally positive, with an average analyst price target of $196.57, representing a +3,623% increase from the current price of $5.28. The highest analyst price target is $365.44, and the lowest is $27.71.
Based on our technical indicators, the current sentiment is bearish but WISH could still hit $365.44 in 2024. This might not be a good time to consider opening new positions on WISH, as trading bearish markets can be challenging and may result in losses.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
I am a seasoned financial analyst with a wealth of experience in assessing stock market trends and providing insightful forecasts. My expertise is grounded in a comprehensive understanding of financial markets, technical analysis, and a track record of accurate predictions.
Now, let's delve into the concepts mentioned in the article about ContextLogic Inc (WISH) stock:
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Stock Price Forecast:
- The forecast for the next 12 months indicates a generally positive outlook for ContextLogic Inc (WISH).
- The average analyst price target stands at $196.57, suggesting a substantial +3,623% increase from the current price of $5.28.
- The highest analyst price target is $365.44, while the lowest is $27.71.
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Technical Indicators:
- The article mentions that based on technical indicators, the current sentiment is bearish for WISH.
- Despite the bearish sentiment, there is an optimistic projection that WISH could reach $365.44 in 2024.
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Cautionary Note on Opening New Positions:
- The article advises caution, suggesting that the current bearish market conditions might not be conducive to opening new positions on WISH.
- Trading in bearish markets is acknowledged as challenging and may carry the risk of potential losses.
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Disclaimer:
- It is emphasized that the information provided on the page is not intended to be financial advice.
- The content is meant for general information purposes only and should not be the sole basis for making investment decisions.
- The importance of consulting with a professional financial advisor before making any investment decisions is highlighted.
In summary, the article combines fundamental and technical analysis to present a cautiously optimistic outlook for WISH stock, taking into account both positive price targets and the current bearish sentiment. Investors are urged to exercise prudence and seek advice from financial professionals before making any investment decisions.
FAQs
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.
What is the price prediction for ContextLogic? ›
The average price target for ContextLogic is $5.90. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $5.90 ,the lowest forecast is $5.90. The average price target represents 1.90% Increase from the current price of $5.79.
How high will WISH stock go? ›
Based on our forecasts, a long-term increase is expected, the "WISH" stock price prognosis for 2029-07-11 is 5.690 USD. With a 5-year investment, the revenue is expected to be around +10.91%. Your current $100 investment may be up to $110.91 in 2029.
Should I hold WISH stock? ›
Consensus Rating. Based on 2 Wall Street analysts who have issued ratings for ContextLogic in the last 12 months, the stock has a consensus rating of "Hold." Out of the 2 analysts, 2 have given a hold rating for WISH.
Is WISH a good investment? ›
WISH has upside potential of 2% compared to the average analyst price target. WISH's ROE (Return on Equity) has significantly increased in the last 3 years from -105% to -91%, and is approaching profitability.
What will the stock market be like in 2025? ›
The S&P 500 will plunge 32% in 2025 as a recession finally hits the US economy, BCA Research predicts. The firm said the Fed will fail to prevent a recession as it takes its time cutting interest rates. Rising unemployment and constrained credit will curb consumer spending, worsening the downturn.
How much cash does contextlogic have? ›
ContextLogic Inc. Reports First-Quarter 2024 Financial Results
| As of March 31, | As of December 31, |
|---|
| Assets | | |
| Current assets: | | |
| Cash and cash equivalents | 250 | 238 |
| Marketable securities | 55 | 144 |
21 more rowsMay 8, 2024
The opening trade was $22.75 per share, below its IPO pricing of $24 per share, which was at the high end of expectations. The offering raised $1.1 billion and gave the company an initial valuation of more than $14 billion.
What is WISH earnings forecast? ›
WISH Earnings Forecast
In the last calendar year WISH has. 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.
Why is WISH stock so cheap? ›
However, disappointing earnings results soon showed that the company would be unable to sustain its growth in a post-pandemic scenario. WISH was worth $30 per share in January 2021. But since then, WISH shares have lost 97% due to lost customers, poor margins, and two changes of the company's CEO in the last two years.
Does ContextLogic have sufficient earnings to cover their dividend? ContextLogic (WISH) does not pay a dividend.
What happen with WISH stock? ›
WISH stock has lost more than 99% over its lifetime. What happened to Wish? Well, the e-commerce industry moved on. Sites like PDD Holdings' (NASDAQ:PDD) Temu now offer lower prices and serendipity through control of supply chains.
Who owns WISH stock? ›
Largest shareholders include BlackRock Inc., Vanguard Group Inc, Charles Schwab Investment Management Inc, Formation8 GP, LLC, FNDA - Schwab Fundamental U.S. Small Company Index ETF, GGV Capital LLC, Steel Partners Holdings L.p., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, General Atlantic Llc, and ...
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 many shares does WISH have? ›
According to ContextLogic (wish.com)'s latest financial reports and stock price the company's current number of shares outstanding is 24,315,000.
What is the price prediction for looks 2025? ›
Long-term LooksRare price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
| Year | Yearly Low | Yearly High |
|---|
| 2025 | $ 0.048456 | $ 0.229346 |
| 2026 | $ 0.0404 | $ 0.1288 |
| 2027 | $ 0.044301 | $ 0.090858 |
| 2028 | $ 0.06546 | $ 0.15459 |
2 more rowsStock Prediction 2025. The Opendoor Technologies Inc. stock prediction for 2025 is currently $ 3.19, assuming that Opendoor Technologies Inc. shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 49.92% increase in the OPEN stock price.
What is the path stock price forecast for 2025? ›
As far as the long-term UiPath Inc. stock forecast is concerned, here's what our predictions are currently suggesting (these predictions are based on the 10-year average growth of PATH): UiPath Inc. stock prediction for 1 year from now: $ 12.45 (9.61%) UiPath Inc. stock forecast for 2025: $ 10.71 (-4.55%)
What is the stock price prediction for WBX in 2025? ›
Wallbox N.V. stock prediction for 1 year from now: $ 8.59 (484.55%) Wallbox N.V. stock forecast for 2025: $ 1.211568 (-17.58%) Wallbox N.V. stock prediction for 2030: $ 0.460787 (-68.65%)
