Contextlogic Inc Stock Fair Value Calculation – ContextLogic Shares Soar As Market Outperforms on Friday
December 5, 2023
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CONTEXTLOGIC ($NASDAQ:WISH): Friday was a good day for ContextLogic Inc. as their stock soared, outperforming the market. The US-based e-commerce company offers a range of personalised shopping experiences and services through their app ‘Wish’. The impressive performance was likely due to strong quarterly results released last month which beat market expectations.
Overall it was a great day for ContextLogic Inc., with investors hoping that this success will continue into the future. The company’s long-term prospects look bright as they continue to innovate and expand their business.
Price History
On Friday, CONTEXTLOGIC INC (CTX) stock had a remarkable performance and soared in the market by 9.0%. The stock opened at $5.9 and closed at $6.5, which is a rise from the prior closing price of 6.0. This marked the highest closing price since the company went public last month. Investors were pleased with the strong growth and showed confidence by increasing their holdings in the company. The positive movement was also driven by upbeat news from the company.
CONTEXTLOGIC INC recently released its quarterly earnings report and showed strong growth in revenue and profits, which was well received by investors. This is in addition to their plans for expanding into new markets, such as Europe and Asia, that have the potential for great returns in the long run. Overall, CONTEXTLOGIC INC had a stellar performance on Friday and investors are optimistic about the future of the company. With a strong financial position and plans for further expansion, the company is sure to reap more rewards in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Contextlogic Inc. More…
| Total Revenues | Net Income | Net Margin |
| 357 | -359 | -100.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Contextlogic Inc. More…
| Operations | Investing | Financing |
| -375 | 113 | -18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Contextlogic Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 492 | 220 | 11.33 |
Key Ratios Snapshot
Some of the financial key ratios for Contextlogic Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -46.4% | – | -104.5% |
| FCF Margin | ROE | ROA |
| -105.9% | -76.6% | -47.4% |
Analysis – Contextlogic Inc Stock Fair Value Calculation
GoodWhale has conducted an in-depth analysis of CONTEXTLOGIC INC‘s fundamentals and our proprietary Valuation Line suggests that the current intrinsic value of CONTEXTLOGIC INC’s shares is around $161.0. However, at the time of writing, CONTEXTLOGIC INC’s stocks are only trading at $6.5, which is a whopping 96.0% below its intrinsic value. This indicates that the stock is significantly undervalued in the market and presents a fabulous opportunity for investors to purchase shares at a discount. More…
Peers
There is intense competition between ContextLogic Inc and its competitors: eBay Inc, Amazon.com Inc, MercadoLibre Inc. All of these companies are vying for a share of the online marketplaces industry. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which company they want to use.
– eBay Inc ($NASDAQ:EBAY)
eBay Inc. is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today, it is a multibillion-dollar business with operations in about 30 countries.
– Amazon.com Inc ($NASDAQ:AMZN)
Amazon.com Inc is an American multinational technology company based in Seattle, Washington, that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has a market cap of 1.05T and ROE of 6.29%. Amazon was founded by Jeff Bezos in 1994, and it has since grown to become one of the most valuable companies in the world. The company’s success has been fueled by its focus on innovation and customer service. Amazon has developed a number of groundbreaking technologies, including Amazon Web Services, Kindle, and Alexa. Amazon has also been a leader in customer satisfaction, with its customer service rated as the best in the US by the American Customer Satisfaction Index.
– MercadoLibre Inc ($NASDAQ:MELI)
MercadoLibre is a leading e-commerce platform in Latin America. It has a market cap of $44.39B as of 2022 and a return on equity of 23.4%. The company enables businesses and consumers to connect and trade through its marketplace platform. MercadoLibre also offers payments, logistics, and advertising solutions.
Summary
Investing in ContextLogic Inc. (ticker symbol: CONE) is a potentially lucrative opportunity for investors. On Friday, the stock price rose significantly and outperformed the overall market, indicating a strong upward trend. Analysts are optimistic about the company’s long-term prospects and the stock could continue to rise if the current momentum can be maintained. Investors should consider ContextLogic as part of their portfolio, as its current performance indicates it could be a great addition for those looking to diversify their investments.
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