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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

Pinterest Stock Price, News & Analysis (NYSE:PINS)

$34.50
-0.29 (-0.83%)
(As of 12/4/2023 ET)
Compare
Today's Range
$33.92
$34.63
50-Day Range
$24.11
$34.79
52-Week Range
$20.60
$35.03
Volume
13.24 million shs
Average Volume
11.40 million shs
Market Capitalization
$23.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.34

Pinterest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
0.5% Downside
$34.34 Price Target
Short Interest
Bearish
5.30% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of Pinterest in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$4.60 M Sold Last Quarter
Proj. Earnings Growth
127.27%
From $0.11 to $0.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Computer And Technology Sector

382nd out of 593 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

33rd out of 55 stocks


PINS stock logo

About Pinterest Stock (NYSE:PINS)

Pinterest Inc is a social media platform that allows users to discover and save ideas for various interests, including fashion, cooking, home decor and travel. It was founded in 2008 by Ben Silbermann, Evan Sharp and Paul Sciarra and is headquartered in San Francisco, California. The company's mission is to "bring everyone the inspiration to create a life they love."

As of the end of 2022, Pinterest had over 460 million monthly active users worldwide, with most of its user base in the United States. The platform is available in over 30 languages and operates in over 200 countries. Pinterest has received numerous awards for its innovative approach to social media and has been named one of the world's top 100 most innovative companies by Forbes.

The current CEO of Pinterest is Bill Ready, who was named CEO in Q2 of 2022. Previously Bill worked for Google as the president of commerce. Other key management team members include Evan Sharp, the Chief Design and Creative Officer and Todd Morgenfeld, the Chief Financial Officer and Head of Business Operations.

In 2022, Pinterest announced the appointment of Andrea Wishom, the Lead Independent Director, as a new member of its board of directors, bringing the total number of board members to nine. Andrea is on the board of nine companies in total, and previously she was the Executive Vice President of OWN: Oprah Winfrey Network LLC. 

In the past few years, Pinterest has seen steady growth in its revenue, which reached $2.8 billion in 2022, up from $1.7 billion in 2020. The company's net income has teetered from a slight loss to a slight gain in the past few years. Pinterest's debt levels have remained relatively low, with the company carrying only $581 million in long-term debt as of the end of 2022. Pinterest's valuation metrics have fluctuated recently, with the company's price-to-earnings and price-to-book ratios increasing above industry averages.

Pinterest's stock price has seen significant fluctuations in recent years, with the company's share price hitting an all-time high of $91.85 in February 2021 before falling to a low of $31.54 in October of the same year. The company's stock price fluctuates between $20 and $30. The company's trading volume has also fluctuated, with an average daily volume of around 14 million shares.

Pinterest operates in the social media industry, which has grown significantly in recent years. The company competes with other social media platforms, such as Facebook, Instagram and Twitter, as well as search engines like Google. Pinterest's unique focus on visual discovery sets it apart from its competitors, as users can search for ideas based on images rather than text. The company has also faced regulatory and political issues related to data privacy and content moderation, which are common concerns in the social media industry.

Pinterest has several potential growth opportunities, including expanding its user base in international markets, launching new advertising products and developing new features for creators and small businesses. The company has also been exploring opportunities in e-commerce, allowing users to purchase products directly from the platform. Pinterest has already seen success with its shopping features, with the company reporting that 80% of its users have purchased products based on the content they discovered on the platform.

Pinterest faces several risks and challenges, including increasing competition in the social media industry, changing consumer preferences and potential regulatory changes related to data privacy and content moderation. The company's success is closely tied to its ability to maintain and grow its user base. Any issues that negatively impact user engagement could significantly affect its financial performance.

Another risk for Pinterest is platform misuse or abuse, which could lead to reputational damage or legal liabilities. The company has implemented various measures to address these concerns, including content moderation policies and partnerships with third-party fact-checkers. However, there is still the potential for content that violates these policies to be shared on the platform.

Additionally, Pinterest's growth potential depends on the global economy's overall health. Any significant economic downturn could negatively impact the company's advertising revenue, as companies may reduce ad spending to cut costs.

PINS Stock Price History

PINS Stock News Headlines

Trade Desk's dilemma as Q3 outcomes are eclipsed by guidance (PINS)
Explore Trade Desk's market plunge and its impact on the digital advertising industry. Analyst insights, trends, and potential opportunities revealed.
Pinterest surges 27%, best weekly gain in over a year
Pinterest surged 27% on strong earnings, clearing a base above $29. The company boosted its revenue forecast, and analysts increased their price targets.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
5 Top Growth Stocks to Own in December
Jefferies Upgrades Pinterest Inc - (PINS)
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Insider Sell: Chief Legal & Bus Affairs Ofc. ...
Pinterest discloses stake sale by execs
Pinterest, Snap upgraded to 'Buy' at Jefferies
Is Pinterest About to Rally?
See More Headlines
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Company Calendar

Last Earnings
10/30/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/05/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
3,987
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$34.34
High Stock Price Target
$48.00
Low Stock Price Target
$23.00
Potential Upside/Downside
-0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
27 Analysts

Profitability

Net Income
$-96,050,000.00
Pretax Margin
-7.41%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Book Value
$4.80 per share

Miscellaneous

Free Float
628,165,000
Market Cap
$23.27 billion
Optionable
Not Optionable
Beta
1.01

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Should I Buy Pinterest Stock? PINS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Pinterest was last updated on Tuesday, November 28, 2023 at 10:17 PM.

Pros

Here are some ways that investors could benefit from investing in Pinterest, Inc.:

  • Pinterest has over 465 million users worldwide, providing a large user base for potential growth and monetization.
  • The company collects over 90% of its revenues from digital advertising, indicating a strong revenue stream from advertising partnerships with major brands.
  • Pinterest has been broadening its reach with Gen-Z users, who are now the largest contributor to overall engagement growth and the fastest-growing cohort. This indicates potential for continued user growth and engagement.
  • The company reported an adjusted earnings-per-share (EPS) profit in its fiscal fourth-quarter 2022, indicating positive financial performance.
  • Pinterest's CEO, Bill Ready, has experience as the President of Commerce at Google, bringing valuable expertise to the company's leadership.

Cons

Investors should be bearish about investing in Pinterest, Inc. for these reasons:

  • Pinterest's revenues rose 3.6% year-over-year (YOY) to $877.21 million, missing analyst estimates of $886.78 million. This indicates potential challenges in revenue growth.
  • The company's full-year 2022 GAAP net loss was ($96 million), suggesting ongoing financial challenges.
  • Pinterest faces competition from other social media platforms and e-commerce platforms, which could impact its market share and growth potential.
  • The company's stock price is subject to market fluctuations and investor sentiment, which could result in volatility and potential losses for investors.
  • Pinterest's app called Shuffles, which is popular among Gen-Z users, is not available for Android users, potentially limiting its reach and user base.














PINS Stock Analysis - Frequently Asked Questions

Should I buy or sell Pinterest stock right now?

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last twelve months. There are currently 10 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PINS shares.
View PINS analyst ratings
or view top-rated stocks.

What is Pinterest's stock price target for 2024?

27 Wall Street research analysts have issued 12 month price objectives for Pinterest's shares. Their PINS share price targets range from $23.00 to $48.00. On average, they predict the company's share price to reach $34.34 in the next year. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for PINS
or view top-rated stocks among Wall Street analysts.

How have PINS shares performed in 2023?

Pinterest's stock was trading at $24.28 at the beginning of 2023. Since then, PINS stock has increased by 42.1% and is now trading at $34.50.
View the best growth stocks for 2023 here
.

Are investors shorting Pinterest?

Pinterest saw a increase in short interest in November. As of November 15th, there was short interest totaling 35,760,000 shares, an increase of 54.9% from the October 31st total of 23,080,000 shares. Based on an average daily volume of 11,080,000 shares, the days-to-cover ratio is currently 3.2 days.
View Pinterest's Short Interest
.

When is Pinterest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
View our PINS earnings forecast
.

How were Pinterest's earnings last quarter?

Pinterest, Inc. (NYSE:PINS) issued its quarterly earnings results on Monday, October, 30th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.06. The company earned $763.20 million during the quarter, compared to the consensus estimate of $743.34 million. Pinterest had a negative net margin of 7.43% and a negative trailing twelve-month return on equity of 1.98%.

What guidance has Pinterest issued on next quarter's earnings?

Pinterest updated its fourth quarter 2023 earnings guidance on Monday, October, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $973.70 million-$991.25 million, compared to the consensus revenue estimate of $976.56 million.

What is Ben Silbermann's approval rating as Pinterest's CEO?

217 employees have rated Pinterest Chief Executive Officer Ben Silbermann on Glassdoor.com. Ben Silbermann has an approval rating of 91% among the company's employees. This puts Ben Silbermann in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Pinterest own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinterest investors own include NVIDIA (NVDA), Block (SQ), Tesla (TSLA), Alibaba Group (BABA), Walt Disney (DIS), Netflix (NFLX), Zoom Video Communications (ZM), Roku (ROKU), Advanced Micro Devices (AMD) and PayPal (PYPL).

When did Pinterest IPO?

(PINS) raised $1.2 billion in an initial public offering (IPO) on Thursday, April 18th 2019. The company issued 75,000,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, J.P. Morgan and Allen & Company served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities, RBC Capital Markets, Baird, UBS Investment Bank and Wells Fargo Securities were co-managers.

Who are Pinterest's major shareholders?

Pinterest's stock is owned by many different retail and institutional investors. Top institutional investors include Barclays PLC (2.31%), Ameriprise Financial Inc. (1.65%), Baillie Gifford & Co. (1.23%), Morgan Stanley (1.06%), Clearbridge Investments LLC (1.01%) and Harris Associates L P (0.97%). Insiders that own company stock include Barry Moze, Benjamin Silbermann, Christine Deputy, Christine Flores, Evan Sharp, Gokul Rajaram, Jeffrey D Jordan, Jeffrey D Jordan, Jeremy S Levine, Naveen Gavini, Todd R Morgenfeld, Todd R Morgenfeld, Tseli Lily Yang, Wanjiku Juanita Walcott and William J Ready.
View institutional ownership trends
.

How do I buy shares of Pinterest?

Shares of PINS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Pinterest have any subsidiaries?
The following companies are subsidiares of Pinterest: Fleksy, Hackermeter, Hike Labs, Icebergs, Instapaper, Jelly, Jelly HQ, Kosei, Livestar, Math Camp, Pext, Pinterest Europe Limited, Punchfork, The Hunt, The Yes, Tote, URX, VisualGraph, and Vochi.
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This page (NYSE:PINS) was last updated on 12/5/2023 by MarketBeat.com Staff

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