S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands

Pinterest (PINS) Stock Price, News & Analysis

$36.69
+0.57 (+1.58%)
(As of 02/29/2024 ET)
Today's Range
$36.08
$36.73
50-Day Range
$35.14
$41.07
52-Week Range
$20.60
$41.60
Volume
6.35 million shs
Average Volume
13.17 million shs
Market Capitalization
$24.91 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.52

Pinterest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
2.3% Upside
$37.52 Price Target
Short Interest
Healthy
4.27% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Pinterest in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$3.32 M Sold Last Quarter
Proj. Earnings Growth
82.86%
From $0.35 to $0.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Computer And Technology Sector

319th out of 604 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

22nd out of 56 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

Thinking long-term? Don't lose interest in Pinterest
Pinterest Inc. NYSE: PINS stock suffered a 12% sell-off on its Q4 2023 earnings report. The main reason for the selling was a miss on the top line, as revenues failed to beat consensus analyst estimates.
Thinking long-term? Don't lose interest in Pinterest (PINS)
Social media Pinterest Inc. (NYSE: PINS) stock suffered a 12% sell-off on its Q4 2023 earnings report. Learn more about Pinterest on MarketBeat.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Is Roku worth a second look after the earnings panic selloff? (PINS)
Streaming video hardware and software platform operator Roku Inc. (NASDAQ: ROKU) shares were pummeled over 35% followings its Q4 2023 earnings report.
Masonite, Central Garden rise; Pinterest, Expedia fall, Friday, 2/9/2024
Stocks that are trading heavily or have substantial price changes on Friday: Masonite, Central Garden rise; Pinterest, Expedia fall
Can Etsy stock craft rebound with support from big investor? (PINS)
ETSY stock surged after activist investor Elliott Investment Management took a 13% stake; although revenue slowed after the pandemic, analysts see a 27% upside
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
2 Beaten-Down Stocks to Buy Right Now
PINS Mar 2024 32.000 put
PINS Mar 2024 42.500 call
Exit Now! 3 Social Media Stocks to Sell in February 2024
Pinterest Stock (NYSE:PINS) Insider Trades
PINS Feb 2024 40.000 call
PINS Feb 2024 36.500 put
PINS Feb 2024 18.000 call
See More Headlines
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Company Calendar

Last Earnings
2/06/2023
Today
3/01/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
4,014
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$37.52
High Stock Price Target
$50.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+2.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
28 Analysts

Profitability

Net Income
$-35,610,000.00
Pretax Margin
-0.54%

Debt

Sales & Book Value

Annual Sales
$3.06 billion
Cash Flow
$0.17 per share
Book Value
$4.55 per share

Miscellaneous

Free Float
632,473,000
Market Cap
$24.91 billion
Optionable
Optionable
Beta
1.02

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PINS Stock Analysis - Frequently Asked Questions

Should I buy or sell Pinterest stock right now?

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 7 hold ratings and 21 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?

28 Wall Street research analysts have issued twelve-month price objectives for Pinterest's shares. Their PINS share price targets range from $23.00 to $50.00. On average, they anticipate the company's stock price to reach $37.52 in the next year. This suggests a possible upside of 2.3% 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 2024?

Pinterest's stock was trading at $37.04 at the start of the year. Since then, PINS shares have decreased by 0.9% and is now trading at $36.69.
View the best growth stocks for 2024 here
.

Are investors shorting Pinterest?

Pinterest saw a decrease in short interest in January. As of January 31st, there was short interest totaling 30,290,000 shares, a decrease of 25.6% from the January 15th total of 40,700,000 shares. Based on an average trading volume of 10,260,000 shares, the days-to-cover ratio is presently 3.0 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 Thursday, April 25th 2024.
View our PINS earnings forecast
.

How were Pinterest's earnings last quarter?

Pinterest, Inc. (NYSE:PINS) announced its quarterly earnings results on Monday, February, 6th. The company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The company had revenue of $877.21 million for the quarter, compared to analysts' expectations of $886.78 million. Pinterest had a positive trailing twelve-month return on equity of 3.83% and a negative net margin of 1.17%. The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share.

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

Pinterest updated its first quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $690.0 million-$705.0 million, compared to the consensus revenue estimate of $702.4 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 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 acted 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.36%), Price T Rowe Associates Inc. MD (3.52%), Franklin Resources Inc. (1.49%), Baillie Gifford & Co. (1.38%), Capital World Investors (1.32%) and Clearbridge Investments LLC (1.19%). Insiders that own company stock include Barry Moze, Benjamin Silbermann, Christine Deputy, Christine Flores, Evan Sharp, Gokul Rajaram, Jeffrey D Jordan, Jeffrey D Jordan, Naveen Gavini, Sabrina Ellis, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 3/1/2024 by MarketBeat.com Staff