WISH - ContextLogic Inc. Stock Price, Fair Value and News

5.53USD-0.17 (-2.98%)Delayed

Market Summary

USD5.53-0.17

Delayed

-2.98%

WISH Stock Price

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WISH RSI Chart

WISH Valuation

Market Cap

135.4M

Price/Earnings (Trailing)

-0.47

Price/Sales (Trailing)

0.6

EV/EBITDA

0.42

Price/Free Cashflow

-0.41

WISH Price/Sales (Trailing)

WISH Profitability

Operating Margin

19.82%

EBT Margin

-121.59%

Return on Equity

-175%

Return on Assets

-83.92%

Free Cashflow Yield

-241.43%

WISH Fundamentals

WISH Revenue

Revenue (TTM)

227.0M

Rev. Growth (Yr)

-62.5%

Rev. Growth (Qtr)

-32.08%

WISH Earnings

Earnings (TTM)

-287.0M

Earnings Growth (Yr)

33.71%

Earnings Growth (Qtr)

13.24%

Breaking Down WISH Revenue

Last 7 days

-4.6%

Last 30 days

-6.4%

Last 90 days

14.0%

Trailing 12 Months

-33.0%

How does WISH drawdown profile look like?

WISH Financial Health

Current Ratio

2.02

WISH Investor Care

Shares Dilution (1Y)

3.94%

Diluted EPS (TTM)

-11.97

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	227.0M	0	0	0
2023	478.0M	422.0M	357.0M	287.0M
2022	1.5B	980.0M	737.0M	571.0M
2021	2.9B	2.8B	2.6B	2.1B
2020	2.1B	2.2B	2.4B	2.5B
2019	0	0	0	1.9B
2018	0	0	0	1.7B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of ContextLogic Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	forster joanna	sold	-53,492	5.374	-9,954	general counsel & cco
May 03, 2024	just brett	sold	-30,962	5.413	-5,720	chief financial officer
May 02, 2024	forster joanna	sold	-89,330	5.449	-16,394	general counsel & cco
May 02, 2024	just brett	sold	-2,752	5.504	-500	chief financial officer
May 01, 2024	just brett	acquired	-	-	11,788	chief financial officer
May 01, 2024	bajaj rishi	acquired	-	-	20,000	chief executive officer
May 01, 2024	forster joanna	acquired	-	-	50,036	general counsel & cco
Apr 15, 2024	just brett	acquired	-	-	26.00	svp, finance
Apr 15, 2024	just brett	sold (taxes)	-67.9	4.85	-14.00	svp, finance
Apr 10, 2024	tung hans	acquired	-	-	24,801	-

Which funds bought or sold WISH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Portolan Capital Management, LLC	sold off	-100	-2,822,410	-	-%
May 15, 2024	GENERAL ATLANTIC, L.P.	unchanged	-	-158,500	3,468,720	0.08%
May 15, 2024	CANNELL CAPITAL LLC	sold off	-100	-2,763,670	-	-%
May 15, 2024	Sculptor Capital LP	unchanged	-	-4,160	91,040	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-54.22	-185,394	144,344	-%
May 15, 2024	TEXAS TREASURY SAFEKEEPING TRUST CO	unchanged	-	-76,926	74.00	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	11.00	11.00	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-35.5	-136,797	220,203	-%
May 15, 2024	CSS LLC/IL	new	-	246,633	246,633	0.01%
May 15, 2024	Royal Bank of Canada	reduced	-92.73	-45,000	3,000	-%

Are Funds Buying or Selling WISH?

Are funds buying WISH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WISH

No. of Funds

Unveiling ContextLogic Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	4.75%	1,140,000	SC 13G/A
Jan 26, 2024	blackrock inc.	6.7%	1,608,355	SC 13G

Recent SEC filings of ContextLogic Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	144	Notice of Insider Sale Intent
May 14, 2024	144	Notice of Insider Sale Intent
May 09, 2024	ARS	ARS
May 09, 2024	DEF 14A	DEF 14A
May 09, 2024	DEFA14A	DEFA14A
May 08, 2024	4	Insider Trading
May 08, 2024	8-K	Current Report
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report

Peers (Alternatives to ContextLogic Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMZN	1.9T	590.7B	0.18%	59.00%	36.89	3.24	12.54%	3929.98%
MELI	88.2B	15.8B	24.44%	31.77%	78.05	5.59	39.23%	82.85%
CPNG	41.0B	25.7B	1.55%	42.52%	32.19	1.6	20.83%	512.13%
EBAY	26.7B	10.2B	4.84%	20.05%	10.1	2.62	3.42%	312.83%
OSTK	854.8M	1.6B	-20.67%	-95.32%	-2.3	0.55	-11.96%	-567.31%
MID-CAP
W	8.2B	12.0B	24.05%	84.87%	-13.06	0.69	-0.34%	53.84%
ETSY	7.5B	2.8B	-6.26%	-32.54%	25.31	2.72	4.78%	141.94%
CHWY	7.3B	11.1B	2.42%	-50.13%	184.13	0.65	10.17%	-20.68%
SMALL-CAP
LQDT	599.0M	323.5M	12.49%	26.96%	29.39	1.85	8.27%	-38.17%
APRN	85.5M	424.9M	1.09%	-47.71%	-0.77	0.2	-7.36%	-22.95%
NHTC	81.2M	43.0M	9.16%	34.93%	162.71	1.89	-13.01%	-26.07%
PRTS	59.5M	666.5M	-22.56%	-76.85%	-3.78	0.09	-0.67%	-686.42%

ContextLogic Inc. News

Latest updates

ContextLogic Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Revenue	-32.1%	36,000,000	53,000,000	60,000,000	78,000,000	96,000,000	123,000,000	125,000,000	134,000,000	189,000,000	289,000,000	368,000,000	656,000,000	772,000,000	794,000,000	606,000,000	701,000,000	440,000,000	-	-
Cost Of Revenue	-31.8%	30,000,000	44,000,000	46,000,000	62,000,000	76,000,000	97,000,000	91,000,000	92,000,000	125,000,000	169,000,000	201,000,000	272,000,000	335,000,000	342,000,000	241,000,000	208,000,000	156,000,000	-	-
Gross Profit	-33.3%	6,000,000	9,000,000	14,000,000	16,000,000	20,000,000	26,000,000	34,000,000	42,000,000	64,000,000	120,000,000	167,000,000	384,000,000	437,000,000	452,000,000	365,000,000	493,000,000	284,000,000	-	-
Operating Expenses	-27.2%	59,000,000	81,000,000	94,000,000	99,000,000	113,000,000	143,000,000	162,000,000	133,000,000	126,000,000	184,000,000	230,000,000	498,000,000	563,000,000	963,000,000	443,000,000	481,000,000	338,000,000	-	-
S&GA Expenses	-53.1%	15,000,000	32,000,000	35,000,000	39,000,000	37,000,000	73,000,000	80,000,000	56,000,000	45,000,000	89,000,000	147,000,000	396,000,000	470,000,000	583,000,000	386,000,000	444,000,000	295,000,000	-	-
R&D Expenses	-12.0%	22,000,000	25,000,000	38,000,000	38,000,000	51,000,000	40,000,000	42,000,000	46,000,000	66,000,000	51,000,000	54,000,000	52,000,000	51,000,000	150,000,000	24,000,000	23,000,000	25,000,000	-	-
EBITDA Margin	-11.7%	-1.20	-1.07	-0.98	-0.94	-0.85	-0.66	-0.44	-0.27	-0.18	-0.16	-0.33	-0.31	-0.28	-0.29	-0.05	-0.05	-0.06	-0.06	-
Income Taxes	700.0%	6,000,000	-1,000,000	3,000,000	3,000,000	-	-3,500,000	2,000,000	1,000,000	3,000,000	-1,000,000	4,000,000	5,000,000	2,000,000	-	1,000,000	-	-	-	-
Earnings Before Taxes	23.2%	-53,000,000	-69,000,000	-77,000,000	-77,000,000	-89,000,000	-112,000,000	-122,000,000	-89,000,000	-60,000,000	-59,000,000	-60,000,000	-106,000,000	-126,000,000	-568,000,000	-98,000,000	-11,000,000	-66,000,000	-	-
EBT Margin	-11.8%	-1.22	-1.09	-0.99	-0.95	-0.86	-0.67	-0.45	-0.27	-0.19	-0.17	-0.33	-0.32	-0.28	-0.29	-0.05	-0.06	-0.06	-0.07	-
Net Income	13.2%	-59,000,000	-68,000,000	-80,000,000	-80,000,000	-89,000,000	-110,000,000	-124,000,000	-90,000,000	-60,000,000	-58,000,000	-64,000,000	-111,000,000	-128,000,000	-569,000,000	-99,000,000	-11,000,000	-66,000,000	-	-
Net Income Margin	-14.5%	-1.26	-1.10	-1.01	-0.95	-0.86	-0.67	-0.45	-0.28	-0.20	-0.17	-0.34	-0.32	-0.28	-0.29	-0.05	-0.06	-0.06	-0.07	-
Free Cashflow	0%	-75,000,000	-75,000,000	-86,000,000	-88,000,000	-92,000,000	-109,000,000	-100,000,000	-67,000,000	-148,000,000	-50,000,000	-344,000,000	-205,000,000	-355,000,000	-473,000,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-19.1%	342	423	492	584	693	799	911	1,028	1,121	1,283	1,365	1,751	1,999	2,397	1,366
Current Assets	-19.3%	331	410	478	565	671	777	890	1,000	1,079	1,224	1,315	1,690	1,927	2,314	1,234
Cash Equivalents	5.0%	250	238	303	318	371	506	587	693	760	1,018	1,072	1,405	1,620	1,965	754
Net PPE	-25.0%	3.00	4.00	4.00	9.00	10.00	9.00	11.00	13.00	15.00	17.00	17.00	19.00	23.00	25.00	34.00
Liabilities	-13.6%	178	206	220	247	282	322	337	346	366	465	536	889	1,069	1,370	1,269
Current Liabilities	-16.3%	164	196	209	236	271	309	326	333	352	449	518	858	1,035	1,332	1,100
Shareholder's Equity	-24.4%	164	217	272	337	411	477	574	682	755	818	829	862	930	1,027	-
Retained Earnings	-3.3%	-3,305	-3,200	-3,178	-3,098	-3,018	-2,929	-2,819	-2,695	-2,605	-2,545	-2,487	-2,423	-2,312	-2,184	-1,439
Additional Paid-In Capital	0.2%	3,478	3,470	3,460	3,448	3,434	3,411	3,404	3,383	3,358	3,360	3,315	3,285	3,243	3,210	-
Shares Outstanding	0.7%	24.00	24.00	24.00	24.00	23.00	23.00	22.00	22.00	22.00	22.00	21.00	21.00	21.00	4.00	3.00
Float	-	-	-	-	174	-	-	-	754	-	-	-	5,600	-	7,500	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	0%	-75,000	-75,000	-86,000	-88,000	-92,000	-109,000	-100,000	-67,000	-146,000	-49,000	-344,000	-204,000	-354,000	-472,000	625,000	-129,000	-	-
Share Based Compensation	-10.0%	9,000	10,000	13,000	15,000	26,000	19,000	26,000	29,000	-2,000	37,000	30,000	37,000	37,000	-	-	-	-	-
Cashflow From Investing	9100.0%	90,000	-1,000	72,000	43,000	-40,000	38,000	6,000	14,000	-105,000	-19,000	18,000	-16,000	14,000	11,000	7,000	59,000	-	-
Cashflow From Financing	-Infinity%	-1,000	-	-1,000	-1,000	-3,000	-13,000	-5,000	-	-	-	-	-	-5,000	-	-	1,000	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	-	-

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WISH Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 36	$ 96
Cost of revenue	30	76
Gross profit	6	20
Operating expenses:
Sales and marketing	15	37
Product development	22	51
General and administrative	22	25
Total operating expenses	59	113
Loss from operations	(53)	(93)
Other income, net:
Interest and other income, net		4
Loss before provision for income taxes	(53)	(89)
Provision for income taxes	6	0
Net loss	$ (59)	$ (89)
Net loss per share, basic	$ (2.43)	$ (3.83)
Net loss per share, diluted	$ (2.43)	$ (3.83)
Weighted-average shares used in computing net loss per share, basic	24,315	23,246
Weighted-average shares used in computing net loss per share, diluted	24,315	23,246

WISH Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 250	$ 238
Marketable securities	55	144
Funds receivable	8	7
Prepaid expenses and other current assets	18	21
Total current assets	331	410
Property and equipment, net	3	4
Right-of-use assets	5	5
Other assets	3	4
Total assets	342	423
Current liabilities:
Accounts payable	17	30
Merchants payable	66	74
Refunds liability	2	2
Accrued liabilities	79	90
Total current liabilities	164	196
Lease liabilities, non-current	4	6
Other liabilities	10	4
Total liabilities	178	206
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.0001 par value: 100,000 shares authorized as of March 31, 2024 and December 31, 2023; No shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, $0.0001 par value: 3,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 24,398 and 24,229 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Additional paid-in capital	3,478	3,470
Accumulated other comprehensive loss	(9)	(7)
Accumulated deficit	(3,305)	(3,246)
Total stockholders’ equity	164	217
Total liabilities and stockholders’ equity	$ 342	$ 423

About ContextLogic Inc.

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.

CEO	Mr. Jun Yan
WEBSITE	wish.com
INDUSTRY	Internet Retail
EMPLOYEES	495

ContextLogic Inc. Frequently Asked Questions

What is the ticker symbol for ContextLogic Inc.? What does WISH stand for in stocks?

WISH is the stock ticker symbol of ContextLogic Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ContextLogic Inc. (WISH)?

As of Thu May 16 2024, market cap of ContextLogic Inc. is 135.44 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WISH stock?

You can check WISH's fair value in chart for subscribers.

What is the fair value of WISH stock?

You can check WISH's fair value in chart for subscribers. The fair value of ContextLogic Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ContextLogic Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WISH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ContextLogic Inc. a good stock to buy?

The fair value guage provides a quick view whether WISH is over valued or under valued. Whether ContextLogic Inc. is cheap or expensive depends on the assumptions which impact ContextLogic Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WISH.

What is ContextLogic Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, WISH's PE ratio (Price to Earnings) is -0.47 and Price to Sales (PS) ratio is 0.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WISH PE ratio will change depending on the future growth rate expectations of investors.