NYSE:PINS

Pinterest (PINS) Stock Price, News & Analysis

$32.85
-0.17 (-0.51%)
(As of 05:22 PM ET)
Today's Range
$32.65
$33.54
50-Day Range
$32.40
$36.69
52-Week Range
$20.60
$41.60
Volume
8.50 million shs
Average Volume
9.41 million shs
Market Capitalization
$22.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.97

Pinterest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.74 Rating Score
Upside/​Downside
14.7% Upside
$37.68 Price Target
Short Interest
Healthy
3.41% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.69mentions of Pinterest in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$6.53 M Sold Last Quarter
Proj. Earnings Growth
83.33%
From $0.36 to $0.66 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.

3.88 out of 5 stars

Computer And Technology Sector

203rd out of 581 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

17th out of 60 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

The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
What Analysts Are Saying About Pinterest Stock
Getting Started With Pinterest Ads
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Bernstein Keeps Their Hold Rating on Pinterest (PINS)
Is Trending Stock Pinterest, Inc. (PINS) a Buy Now?
Pinterest to Announce First Quarter 2024 Results
Smart Money Is Betting Big In PINS Options
Pinterest: Platform Strengths Becoming More Apparent
Pinterest Offers A Niche For Advertisers
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
2/08/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/30/2024
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
$37.68
High Stock Price Target
$50.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
27 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$3.06 billion
Cash Flow
$0.16 per share
Book Value
$4.56 per share

Miscellaneous

Free Float
632,473,000
Market Cap
$22.24 billion
Optionable
Optionable
Beta
0.99

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Should I Buy Pinterest Stock? PINS Pros and Cons Explained

Pros

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

  • Pinterest's stock price has shown consistent growth over the past year, indicating positive investor sentiment.
  • The company's focus on visual search and discovery aligns with the increasing trend towards visual content consumption online.
  • Pinterest's international expansion efforts present opportunities for revenue growth in new markets.
  • Strong user engagement metrics demonstrate the platform's ability to retain and attract users, a key factor for long-term success.
  • Continuous innovation in features and tools on the platform keeps Pinterest competitive in the digital space.

Cons

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

  • Increased competition in the visual search and discovery space could impact Pinterest's market share and growth potential.
  • Dependency on advertising revenue exposes Pinterest to fluctuations in the digital advertising market.
  • Regulatory challenges related to data privacy and content moderation could lead to increased compliance costs and operational risks.
  • Macro-economic factors such as global economic instability may affect consumer spending habits, impacting Pinterest's revenue streams.
  • Market volatility and uncertainty could influence investor confidence in Pinterest's long-term growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Pinterest pros and cons to contact@marketbeat.com.

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 twelve months. There are currently 7 hold ratings and 20 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 Wall Street analysts have issued twelve-month target prices for Pinterest's stock. Their PINS share price targets range from $23.00 to $50.00. On average, they anticipate the company's stock price to reach $37.68 in the next twelve months. This suggests a possible upside of 14.7% 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 11.3% and is now trading at $32.85.
View the best growth stocks for 2024 here
.

When is Pinterest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our PINS earnings forecast
.

How can I listen to Pinterest's earnings call?

Pinterest will be holding an earnings conference call on Tuesday, April 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Pinterest's earnings last quarter?

Pinterest, Inc. (NYSE:PINS) issued its quarterly earnings data on Thursday, February, 8th. The company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The firm earned $981.26 million during the quarter, compared to the consensus estimate of $988.62 million. Pinterest had a positive trailing twelve-month return on equity of 3.83% and a negative net margin of 1.17%.

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 (EPS) 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?

Pinterest (PINS) raised $1.2 billion in an initial public offering 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 many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.84%), Raymond James & Associates (0.11%), IMC Chicago LLC (0.00%), Assenagon Asset Management S.A. (0.04%), Contravisory Investment Management Inc. (0.03%) and Deltec Asset Management LLC (0.03%). Insiders that own company stock include Barry Moze, Benjamin Silbermann, Christine Deputy, Christine Flores, Donnelly Julia Brau, 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.
Read More
This page (NYSE:PINS) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners