Pinterest, Inc. (PINS)
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]
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 StatementsAnalyst 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.
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...
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...
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...
Pinterest (PINS) Points to A.I. Initiatives in Earnings Pop
Social Media stocks have gotten a lot of buzz in 2024.
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...
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.
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.
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.
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.
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...
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 ...
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...
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.
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...
Final Trades: F, MS, EXPE & PINS
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
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...
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...
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.
Goldman Sachs' Eric Sheridan shares his contrarian tech picks
Eric Sheridan, Goldman Sachs, joins 'Closing Bell Overtime' to talk his contrarian picks in tech.
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...
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 ...
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.
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 ...