Pinterest, Inc. (PINS)

NYSE: PINS · IEX Real-Time Price · USD
42.02
+0.17 (0.41%)
At close: May 14, 2024, 4:01 PM
42.07
+0.05 (0.12%)
After-hours: May 14, 2024, 7:59 PM EDT
0.41%
Market Cap 28.53B
Revenue (ttm) 3.19B
Net Income (ttm) 148.16M
Shares Out 678.93M
EPS (ttm) 0.22
PE Ratio 191.00
Forward PE 29.79
Dividend n/a
Ex-Dividend Date n/a
Volume 11,485,248
Open 42.09
Previous Close 41.85
Day's Range 41.52 - 42.27
52-Week Range 21.48 - 42.95
Beta 0.99
Analysts Buy
Price Target 40.35 (-3.97%)
Earnings Date Apr 30, 2024

About PINS

Pinterest, Inc. operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. [Read more]

IPO Date Apr 18, 2019
Employees 4,014
Stock Exchange NYSE
Ticker Symbol PINS
Full Company Profile

Financial Performance

In 2023, Pinterest's revenue was $3.06 billion, an increase of 9.01% compared to the previous year's $2.80 billion. Losses were -$35.61 million, -62.92% less than in 2022.

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for PINS stock is "Buy." The 12-month stock price forecast is $40.35, which is a decrease of -3.97% from the latest price.

Price Target
$40.35
(-3.97% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Pinterest Appoints Chip Bergh to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) today announced that it has appointed Charles “Chip” Bergh, former Chief Executive Officer of Levi Strauss & Co., to its Board of Directors...

5 days ago - Business Wire

Pinterest CEO talks 'winning with GenZ' and 518 million active users

Last week, Pinterest (PINS) reported its first quarter earnings revealing revenue rose 23% year-over-year to $740 million, exceeding analysts' expectations by $40 million, with its adjusted earnings r...

8 days ago - Yahoo Finance

Pinterest stock is a buy on AI, VC investor says

Headline Venture Partner Kamran Ansari joins Market Domination for "Good Buy or Goodbye" to examine how using artificial intelligence can either make or break a stock. Ansari points to Pinterest (PINS...

12 days ago - Yahoo Finance

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

12 days ago - Market Watch

Pinterest (PINS) Points to A.I. Initiatives in Earnings Pop

Social Media stocks have gotten a lot of buzz in 2024.

13 days ago - Schwab Network

Pinterest to Focus on Gen-Z for Growth

Pinterest CEO Bill Ready joins Ed Ludlow and Caroline Hyde after the company reported first-quarter sales and user growth that beat Wall Street estimates. Ready says the company is using AI to bring p...

13 days ago - Bloomberg Technology

Super Micro Stock Tumbles, Pinterest Soars, and Other Tech News Today

Technology shares are set to start May on the back foot after a series of disappointing corporate earnings.

Other symbols: SMCI
13 days ago - Barrons

Pinterest: Consumers Will Adopt Social Commerce If It's Easy

As consumers seek more frictionless eCommerce experiences, Pinterest is seeing user demand for shoppable features, as long as the purchasing journey is simple and intuitive.

14 days ago - PYMNTS

Pinterest shares soar 16% on earnings beat, strong revenue growth

Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.

14 days ago - CNBC

Pinterest's stock soars 23% on big revenue and profit beat, 500 million monthly active users

Pinterest Inc.'s stock soared 23% in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street's estimates.

14 days ago - Market Watch

Pinterest forecasts quarterly revenue above estimates, shares surge

Pinterest forecast second-quarter revenue above Wall Street estimates on Tuesday, expecting a boost from growing advertising spend on the image-sharing platform, sending shares up more than 20% in aft...

14 days ago - Reuters

Pinterest Announces First Quarter 2024 Results, Reports 23% Revenue Growth and More Than Half A Billion Monthly Active Users

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2024. Q1 revenue grew 23% year over year to $740 million. Global Monthly ...

14 days ago - Business Wire

Pinterest to Announce First Quarter 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) will release financial results for the first quarter 2024 on Tuesday, April 30th, 2024 after market close. The company will host its quarte...

4 weeks ago - Business Wire

Ad transparency tools are 'major disappointment' ahead of election, new study shows

A new study concludes that ad transparency tools from major platforms like Google, Meta and X are insufficient for users and researchers.

Other symbols: AAPLGOOGLMETAMSFTSNAP
4 weeks ago - CNBC

How TikTok Ban Would Impact Social Media Stocks

The potential TikTok ban is likely to benefit Meta (META) and Alphabet (GOOGL), notes Seema Shah. She and JR Gondeck discuss trends in the social media space.

Other symbols: DJTMETARDDT
5 weeks ago - Schwab Network

Report: Google and Pinterest Testing Ad Partnership in US

Google and Pinterest reportedly may be testing Google ad units on the Pinterest app. Piper Sandler analysts said in a Tuesday (March 26) note that they have spotted such ad units on the app, along wit...

Other symbols: GOOGGOOGL
7 weeks ago - PYMNTS

Final Trades: F, MS, EXPE & PINS

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: EXPEFMS
7 weeks ago - CNBC Television

Not Just Trump Media: These Social Media Stocks Are Also Red Hot

The newly public company tied to former President Donald Trump's Truth Social platform isn't the only social media stock rallying, as shares of the handful of other public social media companies are a...

Other symbols: DJTMETARDDTSNAP
7 weeks ago - Forbes

Cathie Wood is selling crypto stock and buying this social media one, why?

In a move that caught the eyes of investors and analysts alike, Cathie Wood's Ark Invest made significant trading decisions on Wednesday, offloading shares in Coinbase Global Inc (NASDAQ:COIN) and sim...

Other symbols: ARKFARKKARKWCOIN
2 months ago - Invezz

Reddit Aims for Valuation of Up to $6.4 Billion. How It Compares With Pinterest, Snap.

Reddit will target a valuation of up to $6.4 billion in its U.S. initial public offering.

Other symbols: RDDTSNAP
2 months ago - Barrons

Goldman Sachs' Eric Sheridan shares his contrarian tech picks

Eric Sheridan, Goldman Sachs, joins 'Closing Bell Overtime' to talk his contrarian picks in tech.

Other symbols: CARTEXPE
2 months ago - CNBC Television

Pinterest to Participate at the Morgan Stanley Technology, Media & Telecom Conference

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) announced today that Bill Ready, CEO, will participate in the Morgan Stanley Technology, Media & Telecom Conference. The session is schedul...

2 months ago - Business Wire

Pinterest and Snapchat struggle to keep up with digital ad titans

Shares of Pinterest (PINS) and Snap (SNAP) continue to struggle after they took a hit from their latest quarterly earnings reports. The companies may have a hard time against competing against rivals ...

Other symbols: SNAP
3 months ago - Yahoo Finance

Analyst talks raising Pinterest's price target despite stock falling, missing Q4 earnings estimates

Pinterest (PINS) stock falls after missing sales estimates in its fourth-quarter earnings. The social media platform saw monthly active users swing higher this past quarter.

3 months ago - Yahoo Finance

Pinterest slides as smaller players battle for share of ad market

Pinterest dropped over 9% on Friday after its first-quarter revenue forecast came in a touch below investor expectations, signaling smaller social media platforms could be losing the battle to bigger ...

3 months ago - Reuters