Pinterest, Inc. (PINS)

NYSE: PINS · IEX Real-Time Price · USD
43.26
+0.18 (0.42%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.42%
Market Cap 29.55B
Revenue (ttm) 3.19B
Net Income (ttm) 148.16M
Shares Out 683.17M
EPS (ttm) 0.22
PE Ratio 196.64
Forward PE 28.29
Dividend n/a
Ex-Dividend Date n/a
Volume 5,241,487
Open 42.93
Previous Close 43.08
Day's Range 42.43 - 43.44
52-Week Range 23.59 - 45.19
Beta 0.97
Analysts Buy
Price Target 40.45 (-6.5%)
Earnings Date Jul 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 $40.45, which is a decrease of -6.50% from the latest price.

Price Target
$40.45
(-6.50% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Amazon, Pinterest, Wayfair Top List Of 7 Stocks Bank Of America Says To Watch In Second Half Of 2024

A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs.

Other symbols: AMZNWAPPDASHSEATUBER
5 days ago - Benzinga

Pinterest Courts Gen Z With Video Sharing Feature

Pinterest has begun letting users share videos of their favorite boards to other social platforms. That's due to a new feature called board sharing, designed to court the world's youngest and most-dig...

6 days ago - PYMNTS

Integral Ad Science (IAS) Announces Deal with Pinterest (PINS) & Reddit (RDDT)

Integral Ad Science (IAS) is a digital advertising verification company. George Tsilis discusses IAS as it announced new deals with Pinterest (PINS) and Reddit (RDDT).

Other symbols: IASRDDT
19 days ago - Schwab Network

IAS ANNOUNCES PARTNERSHIP WITH PINTEREST TO PROVIDE AI-DRIVEN BRAND SAFETY MEASUREMENT

New Total Media Quality for Pinterest Gives Advertisers Safeguards Across a Total of 39 Countries in 40 Languages NEW YORK , June 13, 2024 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a leading ...

Other symbols: IAS
19 days ago - PRNewsWire

8 Reasonably Priced Growth Stocks for a Pricey Market

Jefferies strategists screened for “growth at a reasonable price,” or GARP, stocks, where investors can enjoy strong profit growth while avoiding nosebleed valuations.

20 days ago - Barrons

Pinterest expands its Creator Fund to allow founders

Pinterest announced today that it is evolving its Creator Inclusion Fund.

4 weeks ago - TechCrunch

Pinterest CEO Bill Ready goes one-on-one with Jim Cramer

Pinterest CEO Bill Ready joins 'Mad Money' host Jim Cramer to talk user trends it is seeing, integrated shopping on the app, user demographics and more.

6 weeks ago - CNBC Television

We want to prove you can tune AI for positivity, says Pinterest CEO Bill Ready

Pinterest CEO Bill Ready joins 'Mad Money' host Jim Cramer to talk user trends it is seeing, integrated shopping on the app, user demographics and more.

6 weeks ago - CNBC Television

REAL SIMPLE Teams Up with Pinterest for First-Ever Shoppable "Best & Brightest" Issue

NEW YORK , May 15, 2024 /PRNewswire/ -- REAL SIMPLE today launched its first-ever shoppable issue with a "Best & Brightest" theme that spotlights over 120 game-changing products—tested first-hand by R...

6 weeks ago - PRNewsWire

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...

7 weeks 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...

2 months 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...

2 months 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.

2 months ago - Market Watch

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

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

2 months 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...

2 months 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
2 months 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.

2 months 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.

2 months 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.

2 months 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...

2 months 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 ...

2 months 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...

2 months 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
2 months 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
3 months 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
3 months ago - PYMNTS