ContextLogic Inc has a consensus price target of $2.75 based on the ratings of 3 analysts. The high is $3 issued by JMP Securities on May 10, 2022. The low is $2.5 issued by Chardan Capital on August 22, 2022. The 3 most-recent analyst ratings were released by Chardan Capital, Chardan Capital, and JMP Securities on August 22, 2022, May 17, 2022, and May 10, 2022, respectively. With an average price target of $3.17 between Chardan Capital, Chardan Capital, and JMP Securities, there's an implied -52.95% downside for ContextLogic Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ContextLogic (NASDAQ:LOGC) was reported by Chardan Capital on August 22, 2022. The analyst firm set a price target for $2.50 expecting LOGC to fall to within 12 months (a possible -62.85% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for ContextLogic (NASDAQ:LOGC) was provided by Chardan Capital, and ContextLogic maintained their buy rating.
There is no last upgrade for ContextLogic
The last downgrade for ContextLogic Inc happened on February 3, 2022 when William Blair changed their price target from N/A to N/A for ContextLogic Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ContextLogic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ContextLogic was filed on August 22, 2022 so you should expect the next rating to be made available sometime around August 22, 2023.
While ratings are subjective and will change, the latest ContextLogic (LOGC) rating was a maintained with a price target of $4.00 to $2.50. The current price ContextLogic (LOGC) is trading at is $6.73, which is out of the analyst’s predicted range.
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