Stock Price Forecast
The 5 analysts offering 12-month price forecasts for ContextLogic Inc have a median target of 2.00, with a high estimate of 9.50 and a low estimate of 1.75. The median estimate represents a 0.00% increase from the last price of 2.00.
Similarly, Should I hold my wish stock?
Out of 8 analysts, 0 (0%) are recommending WISH as a Strong Buy, 1 (12.5%) are recommending WISH as a Buy, 5 (62.5%) are recommending WISH as a Hold, 1 (12.5%) are recommending WISH as a Sell, and 1 (12.5%) are recommending WISH as a Strong Sell. What is WISH’s earnings growth forecast for 2022-2024?
Is WISH a Buy or Sell? According to Zacks, Wish stock is currently a sell.
Thereof, Can wish stock recover?
Opportunities for WISH Stock Recovery in 2022
WISH is offering financial incentives to attract quality vendors. It’s offering discounts and coupons to users too. If these strategies work, business volumes may recover, but profitability may suffer in the short term.
Will WISH ever go up?
They expect Wish’s revenue to drop 17% in 2021, decline 16% in 2022, and possibly rise 34% in 2023 if its turnaround efforts bear fruit.
What is Nio price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.
Is wish owned by Amazon?
Wish was founded in 2010 by Piotr Szulczewski (CEO) and Danny Zhang (former CTO). Wish is operated by ContextLogic Inc. in San Francisco, United States.
…
Wish (company)
| Type of business | E-commerce |
|---|---|
| Founder(s) | Piotr Szulczewski Sheng Zhang |
| Key people | Piotr Szulczewski, Chairman/CEO |
| Industry | Online shopping |
| Revenue | $2.1 Billion |
Why wish stock is going down?
Some reasons behind the collapse. ContextLogic, like other e-commerce operators, was a beneficiary of the COVID-19 crisis and its accompanying stay-at-home trends. The company went public in late 2020 with a share price of $24, and its share price crested over $30 in early 2021.
Is wish a long term investment?
Recently IPO’d ContextLogic (NASDAQ:WISH), owners of e-Commerce website Wish.com, has not been great for investors chasing a short-term pop. WISH stock went public at $24 a share and immediately closed its first trading day at $20.
Who owns the most Nio stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 5.76% | 88,858,365 |
| BlackRock Fund Advisors | 2.60% | 40,093,147 |
| The Vanguard Group, Inc. | 2.40% | 36,994,474 |
| SSgA Funds Management, Inc. | 2.13% | 32,887,731 |
Is Nio a good long term buy?
As per TipRanks’ analyst rating consensus, Nio is a Strong Buy. Out of 10 analyst ratings, there are 10 Buy recommendations. This stock has an average NIO price target of $60.86, implying an upside of 153.5%. Analyst price targets range from a high of $87 per share to a low of $34 per share.
Is it good to invest in Nio?
Investing in Nio today is best suited for investors willing to face extreme volatility and very high risk. However, the old saying that the greater the risk, the greater the reward holds true here. An investment in Nio is risky due to external factors beyond the company’s control.
Why is Wish not profitable?
Even from the start, Wish was known for its cheap prices and knock-off goods. It ran a direct-to-consumer model, meaning it had limited control over the supply and quality of the items being delivered. This has led to accusations of poor quality and counterfeit goods, which Wish has been unable to refute in the past.
Who invested in Wish stock?
Top 10 Owners of ContextLogic Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 6.48% | 37,366,361 |
| Comprehensive Financial Managemen… | 1.45% | 8,373,411 |
| Susquehanna Financial Group LLLP | 1.24% | 7,168,866 |
| Two Sigma Investments LP | 0.92% | 5,287,602 |
Can you trust Wish?
The truth is that Wish is just about as safe as any other online retailer. There’s always the possibility of a website being hacked, and Wish is no exception. Concerned about data breaches? Wish itself won’t steal your information.
Is Wish a good stock to buy 2021?
Investors in the eCommerce group ContextLogic (NASDAQ:WISH) stock have not had a good year. So far in 2021, WISH stock is down about 80%.
What is Peter szulczewski worth?
Peter Szulczewski’s Wish was the world’s most downloaded shopping app last year. Its ultra-cheap wares make Walmart look like Bergdorf, but his 90 million users can’t afford to care—and their impulse purchases have added up to a $1.4 billion fortune for Szulczewski.
Is wish com safe to use?
The truth is that Wish is just about as safe as any other online retailer. There’s always the possibility of a website being hacked, and Wish is no exception. Concerned about data breaches? Wish itself won’t steal your information.
Who are the biggest investors in NIO?
Largest shareholders include Baillie Gifford & Co, BlackRock Inc., Vanguard Group Inc, State Street Corp, VWIGX – Vanguard International Growth Fund Investor Shares, Susquehanna International Group, Llp, Goldman Sachs Group Inc, Citadel Advisors Llc, VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares, …
What hedge funds hold NIO?
NIO (NYSE:NIO) Institutional Buying and Selling
| Reporting Date | Hedge Fund | Ownership in Company |
|---|---|---|
| 4/13/2022 | Redpoint Investment Management Pty Ltd | 0.002% |
| 4/12/2022 | Griffin Asset Management Inc. | 0.003% |
| 4/12/2022 | E Fund Management Hong Kong Co. Ltd. | 0.046% |
| 4/11/2022 | Nordea Investment Management AB | 0.081% |
What institutions are buying NIO?
The top institutional shareholders of NIO are Originalwish Ltd., Tencent Holdings Ltd., Baillie Gifford & Co., BlackRock Inc. (BLK), and Vanguard Group Inc. Because NIO is a foreign company, it doesn’t file Form 4s for its individual insider shareholders.
Is NIO in danger of being delisted?
Your Takeaway on NIO Stock
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange.
Is NIO likely to go up?
According to analysts and the third-party forecasting services cited above, the price of NIO shares has the potential to go up both in the short-term and long-term.
Will NIO stock go up 2021?
We think it is. Although Nio stock trades at a relatively high 12x consensus 2021 revenues, it should grow into this valuation fairly quickly. Sales are projected to more than double this year and growth is likely to come in at over 65% in 2022 as well, per consensus estimates.
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