Is Contextlogic Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: WISH) stock is to Hold WISH stock.
Out of 2 analysts, 0 (0%) are recommending WISH as a Strong Buy, 0 (0%) are recommending WISH as a Buy, 2 (100%) are recommending WISH as a Hold, 0 (0%) are recommending WISH as a Sell, and 0 (0%) are recommending WISH as a Strong Sell.
What is WISH's forecast return on equity (ROE) for 2024-2025?
(NASDAQ: WISH) forecast ROE is 340.71%, which is considered strong.
What is WISH's Price Target?
According to 2 Wall Street analysts that have issued a 1 year WISH price target, the average WISH price target is $4.75, with the highest WISH stock price forecast at $5.50 and the lowest WISH stock price forecast at $4.00.
On average, Wall Street analysts predict that Contextlogic's share price could fall to $4.75 by Nov 9, 2024. The average Contextlogic stock price prediction forecasts a potential downside of 16.52% from the current WISH share price of $5.69.
What is WISH's forecast return on assets (ROA) for 2024-2025?
(NASDAQ: WISH) forecast ROA is 174.78%, which is higher than the forecast US Internet Retail industry average of 17.31%.
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