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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

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

$34.89
+0.87 (+2.56%)
(As of 12/8/2023 ET)
Compare
Today's Range
$34.33
$35.36
50-Day Range
$24.11
$34.89
52-Week Range
$20.60
$35.36
Volume
14.88 million shs
Average Volume
9.27 million shs
Market Capitalization
$23.53 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
1.6% Downside
$34.34 Price Target
Short Interest
Bearish
5.30% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of Pinterest in the last 14 days
Based on 17 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.

2.03 out of 5 stars

Communication Services Sector

21st out of 46 stocks

Internet Content & Information Industry

6th out of 12 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.
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Pinterest Is Soaring, But It's Time To Downgrade
5 Top Growth Stocks to Own in December
Jefferies Upgrades Pinterest Inc - (PINS)
Insider Sell: Chief Legal & Bus Affairs Ofc. ...
Pinterest discloses stake sale by execs
Pinterest, Snap upgraded to 'Buy' at Jefferies
See More Headlines
Receive PINS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pinterest and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/30/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/05/2024

Industry, Sector and Symbol

Industry
Internet Content & Information
Sub-Industry
N/A
Fax
N/A
Employees
3,966
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
-1.6%
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
$2.95 billion
Book Value
$4.80 per share

Miscellaneous

Free Float
628,165,000
Market Cap
$23.53 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 analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 10 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 12-month target prices for Pinterest's stock. Their PINS share price targets range from $23.00 to $48.00. On average, they predict the company's stock price to reach $34.34 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
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 the year. Since then, PINS shares have increased by 43.7% and is now trading at $34.89.
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 short-interest 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 earnings results on Monday, October, 30th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.06. The company earned $763.20 million during the quarter, compared to analysts' expectations of $743.34 million. Pinterest had a negative trailing twelve-month return on equity of 1.98% and a negative net margin of 7.43%.

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 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.

Who are Pinterest's major shareholders?

Pinterest's stock is owned by a variety of retail and institutional investors. Top institutional shareholders 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 12/9/2023 by MarketBeat.com Staff

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