ContextLogic Inc. (WISH) is a mobile e-commerce company that operates the Wish platform, which connects users to merchants. Although the stock has a 12-month consensus price target of $8.56, indicating a 20.1% potential upside, only one out of five Wall Street analysts have given it a Buy rating.
Moreover, analysts expect its EPS to remain negative for the current fiscal year (ending December 2023), while its revenue is expected to decline 27.3% year-over-year to $415.12 million in the same period.
