CONTEXTLOGIC INC - A (WISH) Forecast, Price Target & Analyst Ratings
NASDAQ:WISH • US21077C3051
5.13 USD
-0.05 (-0.97%)
At close: May 10, 2024
5.13 USD
0 (0%)
After Hours: 5/10/2024, 8:27:47 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CONTEXTLOGIC INC - A (WISH).
Forecast Snapshot
Consensus Price Target
$6.02
+ 17.31% Upside
Next Earnings Forecast
Release DateAug 1, 2024
PeriodQ2 / 2024
EPS Estimate-$0.06
Revenue Estimate8.109M
ChartMill Buy Consensus
43.33%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$6.02
Upside
+ 17.31%
From current price of $5.13 to mean target of $6.02, Based on 6 analyst forecasts
Low
$5.96
Median
$6.02
High
$6.20
Price Target Revisions
1 Month
-18.62%
3 Months
4.89%
Price Target Summary
6 analysts have analysed WISH and the average price target is 6.02 USD. This implies a price increase of 17.31% is expected in the next year compared to the current price of 5.13.
The average price target has been revised upward by 4.89% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
43.33%
WISH was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about WISH.
In the previous month the buy percentage consensus was at a similar level.
WISH was analyzed by 6 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-09 | Citigroup | Upgrade | Sell -> Neutral |
| 2023-11-08 | Loop Capital | Upgrade | Sell -> Hold |
| 2023-08-08 | Citigroup | Maintains | Sell -> Sell |
| 2023-08-07 | UBS | Maintains | Neutral -> Neutral |
| 2023-08-07 | Credit Suisse | Maintains | Outperform -> Outperform |
| 2023-06-29 | Loop Capital | Downgrade | Hold -> Sell |
| 2023-05-11 | Citigroup | Maintains | Sell -> Sell |
| 2023-05-09 | Credit Suisse | Maintains | Outperform |
| 2023-02-28 | Citigroup | Maintains | Sell |
| 2023-02-24 | Credit Suisse | Maintains | Outperform |
| 2022-11-10 | Credit Suisse | Maintains | Outperform |
| 2022-08-10 | Credit Suisse | Maintains | Outperform |
| 2022-05-06 | Credit Suisse | Maintains | Outperform |
| 2022-03-02 | Credit Suisse | Maintains | Outperform |
| 2021-11-11 | Credit Suisse | Maintains | Outperform |
| 2021-11-09 | Credit Suisse | Maintains | Outperform |
| 2021-10-04 | Oppenheimer | Downgrade | Perform -> Underperform |
| 2021-08-13 | William Blair | Downgrade | Outperform -> Market Perform |
| 2021-08-13 | Oppenheimer | Downgrade | Outperform -> Perform |
| 2021-08-13 | Cowen & Co. | Downgrade | Outperform -> Market Perform |
| 2021-08-13 | JP Morgan | Downgrade | Overweight -> Underweight |
| 2021-08-13 | Credit Suisse | Maintains | Outperform |
| 2021-08-13 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2021-07-21 | B of A Securities | Downgrade | Buy -> Neutral |
| 2021-07-02 | Evercore ISI Group | Downgrade | Outperform -> In-Line |
Next Earnings Forecast Details
Next Earnings Details
Release DateAug 1, 2024
PeriodQ2 / 2024
EPS Estimate-$0.06
Revenue Estimate8.109M
Revenue Q2Q-89.60%
EPS Q2Q98.19%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
-27.66%
Revenue (3 Months)
-24.07%
EPS (1 Month)
-32.91%
EPS (3 Months)
5.19%
Next Earnings Summary
WISH is expected to report earnings on 8/1/2024. The consensus EPS estimate for the next earnings is -0.06 USD and the consensus revenue estimate is 8.11M USD.
The next earnings revenue estimate has been revised downward by 24.07% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 2.085B -17.95% | 571M -72.61% | 287M -49.74% | 217.06M -24.37% | 229.35M 5.66% | 168.81M -26.40% | 258.47M 53.11% | 2.466B 854.08% | 3.261B 32.24% | 4.289B 31.52% | |
| EBITDA YoY % growth | -352M 43.13% | -386M -9.66% | -324M 16.06% | -143.585M 55.68% | -134.232M 6.51% | -3.774M 97.19% | 5.406M 243.24% | 285.5M 5,181.17% | 553.96M 94.03% | 917.18M 65.57% | |
| EBIT YoY % growth | -361M 42.79% | -392M -8.59% | -328M 16.33% | -46.93M 85.69% | -1.02M 97.83% | -1.02M | -129.234M -12,570.00% | 25.194M 119.49% | 213.79M 748.58% | 475.22M 122.28% | |
| Operating Margin | -17.31% | -68.65% | -114.29% | -21.62% | -0.44% | -0.60% | -50.00% | 1.02% | 6.56% | 11.08% | |
| EPS YoY % growth | -3.19 97.91% | -16.80 -426.65% | -13.25 21.13% | -6.38 51.89% | -5.26 17.44% | 0.12 102.33% | 0.57 366.67% | 1.06 85.71% | 1.69 59.62% | 2.55 50.60% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.06 98.19% | -0.01 99.70% | -1.60 40.47% | -1.33 45.43% | -1.36 -2,116.67% | -1.24 -12,100.00% | -1.34 16.56% |
| Revenue Q2Q % growth | 8.109M -89.60% | 52.887M -11.86% | 52.938M -0.12% | 60.272M 67.42% | 57.171M 605.03% | 55.916M 5.73% | 55.988M 5.76% |
| EBITDA Q2Q % growth | -1.693M 97.88% | -255K 99.65% | -39.229M 42.31% | -30.712M 40.62% | -34.252M -1,922.89% | -32.191M -12,524.00% | -37.067M 5.51% |
| EBIT Q2Q % growth | -1.54M 98.12% | -255K 99.66% | -52.836M 26.62% | -38.699M 21.12% | -47.104M -2,958.28% | -46.532M -18,148.00% | -52.591M 0.46% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
26.19%
EPS Next 5 Year
15.78%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-16.77%
Revenue Next 5 Year
53.14%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
25.76%
EBIT Next 5 Year
23.06%
CONTEXTLOGIC INC - A / WISH Forecast FAQ
What is the price target for WISH stock?
6 analysts have analysed WISH and the average price target is 6.02 USD. This implies a price increase of 17.31% is expected in the next year compared to the current price of 5.13.
Can you provide the upcoming earnings date for CONTEXTLOGIC INC - A?
CONTEXTLOGIC INC - A (WISH) will report earnings on 2024-08-01, after the market close.
What are the consensus estimates for CONTEXTLOGIC INC - A (WISH) next earnings?
The consensus EPS estimate for the next earnings of CONTEXTLOGIC INC - A (WISH) is -0.06 USD and the consensus revenue estimate is 8.11M USD.
How many analysts have analysed CONTEXTLOGIC INC - A (WISH)?
The number of analysts covering CONTEXTLOGIC INC - A (WISH) is 6.