WISH stock Forecast 2022, 2023, 2025, 2030, 2040 and 2050
About WISH Stock Forecast :
ContextLogic Inc. operates as a mobile e-commerce company in Europe, North America, South America, and internationally. The company operates Wish, an e-commerce platform that connects users and merchants. It also provides traders with marketplaces and logistics services. The company was founded in 2010 and is headquartered in San Francisco, California.
WISH stock Forecast 2022
Earnings were not the strength of Context Logic’s stock. The company’s IPO filing revealed uneven growth and sustained losses that have continued since the listing. Losses in the e-commerce space are not uncommon, but given the upward trend in the industry, the company’s uneven revenue growth is interesting.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $1.45 , Forecast II -$2.30 .
WISH stock Forecast 2023
WISH reported its second quarter earnings on August 12. Both the company’s earnings and guidance were disappointing and its performance was not very good. Active buyers, daily active users, and user retention rates also declined this quarter.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $3.2 , Forecast II – $4.1 .
WISH stock Forecast 2024
ContextLogic inventory can fluctuate over the long term, but it should not be canceled. Long-term forecasts for the e-commerce industry look promising based on sales growth in total retail sales.
As you can see from the
EV (Electric Vehicle), the industry is growing rapidly, but not all companies are successful. Similar to the EV industry, where long-established automakers are focusing on EVs, retailers in physical stores are investing in the retail industry to expand their e-commerce capabilities.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $7 , Forecast II – $9 .
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WISH stock Forecast 2025
Analysts expect WISH to report revenue of $ 2.27 billion in 2021 and increase 4.6% to $ 2.37 billion in 2022. If the company can increase its revenue by 10% between 2022 and 2025, it will report $ 3.15 billion in revenue in 2025.
Currently, ContextLogic has a market capitalization of $ 4.2 billion and a corporate value of $ 2.65 billion, which is equivalent to a company. The multiple of value to sales in 2025 is 0.84. Even if a company’s revenue grows at a low single-digit rate between 2021 and 2025, its value to sales will be a multiple of less than 1 in 2025.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $12 , Forecast II – $15 .
WISH stock Forecast 2030
The company has taken some steps to improve its performance, but does not expect results in the short term. We are changing the platform to focus on social e-commerce, which we believe will bring long-term value. It also reduces advertising costs, engages in customer retention, and improves the current user-based experience.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $27 , Forecast II – $31 .
WISH stock Forecast 2040
The focus of ContextLogic on sustainable and consistent growth seems like the right strategy. If a company can improve its business performance, it will affect its financial performance. Investors just have to put up with these efforts as they may not show up in the medium to long term.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $84 , Forecast II – $88 .
WISH stock Forecast 2050
Currently, the RSI of Wishstock is the lowest 14 ever. This means that inventories have been significantly oversold and recovery is imminent. But given all the challenges the company faces, I don’t think this is a good long-term investment.
WISH Stock Forecast for the year 2022 is estimated. Forecast I – $274 , Forecast II – $315 .
WISH stock Forecast 2022, 2023, 2025, 2030, 2040 and 2050 – ContextLogic Inc
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