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DOW   33,762.76
QQQ   354.65
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Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
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Zscaler: Analysts Raise the Bar for the AI Cloud Security Company

Pinterest (PINS) Stock Forecast, Price & News

$23.46
-0.14 (-0.59%)
(As of 06/2/2023 ET)
Compare
Today's Range
$23.36
$24.15
50-Day Range
$20.78
$28.62
52-Week Range
$16.77
$29.27
Volume
11.90 million shs
Average Volume
12.18 million shs
Market Capitalization
$16.04 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.40

Pinterest MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
21.0% Upside
$28.40 Price Target
Short Interest
Healthy
3.66% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Pinterest in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$4.08 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.10) to $0.10 Per Share

Overall MarketRank

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

2.04 out of 5 stars

Computer And Technology Sector

353rd out of 604 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

27th out of 60 stocks


PINS stock logo

About Pinterest (NYSE:PINS) Stock

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.

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PINS Stock News Headlines

Here’s Why Snap Stock Can Double in 2023 (PINS)
Social media platform Snap Inc. (NYSE: SNAP) stock has fallen to pandemic lows as it collapsed (-77%) in 2022. The fallout from advertisers pulling
Does Meta Platforms Stock Have More Upside? (PINS)
Social media platforms operator Meta Platforms Inc. (NASDAQ: META) stock is up 22% year-to-date (YTD) and has a one-year performance up 87%.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
Snap Proves More DAUs Don’t Mean More Revenues (PINS)
Video messaging media company Snap Inc. (NYSE: SNAP) stock was punished with a (27%) haircut after releasing its Q 2023 earnings report.
Is the Market Reacting Too Negatively to Pinterest Earnings?
Social commerce platform Pinterest Inc. (NASDAQ: PINS) stock collapsed (25%) after its Q1 2023 earnings report. Shares have fallen (8.2%) for the year.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
Pinterest Has a New CFO. What Wall Street Thinks.
Pinterest: Brace For Weakness
Pinterest taps Wayfair exec as its next CFO
Pinterest Names Julia Brau Donnelly CFO
Pinterest: Time To Execute
Best Growth Stock to Buy: Pinterest vs. Snap
Pinterest (NYSE:PINS) Sees Large Volume Increase
See More Headlines

PINS Price History

PINS Company Calendar

Last Earnings
2/06/2023
Today
6/02/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$28.40
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+21.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
22 Analysts

Profitability

Net Income
$-96,050,000.00
Pretax Margin
-10.61%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Book Value
$4.47 per share

Miscellaneous

Free Float
636,920,000
Market Cap
$16.04 billion
Optionable
Not Optionable
Beta
0.99

Social Links


Key Executives

  • William J. ReadyWilliam J. Ready
    President, Chief Executive Officer & Director
  • Todd R. MorgenfeldTodd R. Morgenfeld
    Chief Financial Officer & Head-Business Operations
  • Jeremy King
    Senior Vice President & Head-Engineering
  • Naveen GaviniNaveen Gavini
    Senior Vice President & Head-Products
  • Julie Bornstein
    Senior Vice President













PINS Stock - Frequently Asked Questions

Should I buy or sell Pinterest stock right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 12 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PINS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PINS, but not buy additional shares or sell existing shares.
View PINS analyst ratings
or view top-rated stocks.

What is Pinterest's stock price forecast for 2023?

22 brokers have issued twelve-month target prices for Pinterest's shares. Their PINS share price forecasts range from $21.00 to $35.00. On average, they predict the company's share price to reach $28.40 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
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 shares have decreased by 3.4% and is now trading at $23.4650.
View the best growth stocks for 2023 here
.

When is Pinterest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our PINS earnings forecast
.

How were Pinterest's earnings last quarter?

Pinterest, Inc. (NYSE:PINS) released its earnings results on Monday, February, 6th. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The firm had revenue of $877.21 million for the quarter, compared to analysts' expectations of $886.78 million. Pinterest had a negative trailing twelve-month return on equity of 4.83% and a negative net margin of 10.58%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.29 EPS.

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 $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.

What is Pinterest's stock symbol?

Pinterest trades on the New York Stock Exchange (NYSE) under the ticker symbol "PINS."

Who are Pinterest's major shareholders?

Pinterest's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.96%), Price T Rowe Associates Inc. MD (3.77%), Harris Associates L P (2.68%), Macquarie Group Ltd. (2.68%), Macquarie Group Ltd. (2.68%) and State Street Corp (1.75%). Insiders that own company stock include Barry Moze, Benjamin Silbermann, Christine Flores, Evan Sharp, Jeffrey D Jordan, Jeffrey D Jordan, Jeremy S Levine, Jeremy S Levine, Naveen Gavini, Todd R Morgenfeld, Todd R Morgenfeld, Tseli Lily Yang 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.

What is Pinterest's stock price today?

One share of PINS stock can currently be purchased for approximately $23.47.

How much money does Pinterest make?

Pinterest (NYSE:PINS) has a market capitalization of $16.04 billion and generates $2.80 billion in revenue each year. The company earns $-96,050,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis.

How many employees does Pinterest have?

The company employs 3,987 workers across the globe.

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.
Read More
How can I contact Pinterest?

Pinterest's mailing address is 505 BRANNAN STREET, SAN FRANCISCO CA, 94107. The official website for the company is www.pinterest.com. The company can be reached via phone at (415) 762-7100 or via email at ir@pinterest.com.

This page (NYSE:PINS) was last updated on 6/3/2023 by MarketBeat.com Staff

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