Pinterest, Inc. (PINS)
| Market Cap | 22.67B |
| Revenue (ttm) | 3.34B |
| Net Income (ttm) | 191.99M |
| Shares Out | 686.20M |
| EPS (ttm) | 0.28 |
| PE Ratio | 116.35 |
| Forward PE | 21.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,063,902 |
| Open | 33.04 |
| Previous Close | 33.18 |
| Day's Range | 32.63 - 33.24 |
| 52-Week Range | 23.59 - 45.19 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 43.33 (+31.18%) |
| Earnings Date | Nov 7, 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 29 analysts, the average rating for PINS stock is "Buy." The 12-month stock price forecast is $43.33, which is an increase of 31.18% from the latest price.
News
4 Internet Stocks to Buy Before Earnings
The stock market is up 22% this year, and stock valuations have risen too. That makes it trickier to find stocks that are likely to rise after earnings are released.
Pinterest to Announce Third Quarter 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) will release financial results for the third quarter 2024 on Thursday, November 7th, 2024 after market close. The company will host its qua...
Pinterest: Time to Jump Onboard for Long-Term Gains?
Pinterest PINS is a social media platform that is known for its visual inspiration and shopping features. However, Pinterest stock has experienced a lot of turbulence in the past few months.
Pinterest inks lease for new engineering office in Seattle
Pinterest is moving into a new, permanent office space in Seattle after working out of a WeWork location for the past eight years, GeekWire has learned.
Goldman Sachs' 'conviction list' shows key stock picks
Goldman Sachs (GS) has released its conviction list focusing on three key areas: artificial intelligence, consumer trends, and sustainability. Goldman Sachs Director of Americas Equity Research Steve ...
Pinning Down Growth: Why Pinterest Is Poised For Long-Term Gains
Pinterest, despite facing lower ad prices and increased costs, remains a promising investment with over 500 million monthly users and strong e-commerce growth. The platform's partnerships with Amazon ...
How Pinterest Leverages AI for Advertisers
Pinterest has just launched Performance+ ahead of the holiday season: a new suite of AI and generative AI tools to help advertisers optimize targeting and drive results. Pinterest CEO Bill Ready joins...
Pinterest: 5 Ways The Platform Offers Unique Value To Users And Shareholders
Pinterest's focus on positivity and AI-driven content recommendation is driving strong user growth, especially among Gen Z, now 40% of its +500 million users. CEO Bill Ready's leadership, with a backg...
Pinterest Has Room To Monetize, Says Bullish Analyst
Pinterest Inc PINS stock climbed in early trading Tuesday after Cathie Wood‘s Ark Invest purchased shares.
Pinterest: Pin This To Your Portfolio
I see Pinterest's 20x next year's EBITDA valuation as an attractive entry point, especially compared to peers like Snap. Nearly 15% of Pinterest's market cap being cash gives me confidence in its fina...
Pinterest, Inc. (PINS) Goldman Sachs Communacopia + Technology Conference (Transcript)
Pinterest, Inc. (NYSE:PINS) Goldman Sachs Communacopia + Technology Conference September 11, 2024 11:10 AM ET Company Participants Bill Ready - CEO Conference Call Participants Eric Sheridan - Goldma...
Pinterest: Market Constantly Overreacts
Pinterest produces consistent revenue growth, but the stock is struggling to gain traction. The social media company grew MAUs in Q2 to a record 522 million, up 12% YoY. The stock is a bargain at the ...
Pinterest: Collapse In Stock Price Masks Long-Term Profit Potential
Pinterest stock collapsed as the market was disappointed in the growth outlook, but long-term investors are unfazed. The company continues to post strong top and bottom-line growth as it rolls out its...
Pinterest: Be Greedy When Others Are Fearful
Pinterest reported its Q2 FY24 earnings where revenue and Adjusted EBITDA grew 21% and 68% YoY respectively, with strong MAU and ARPU growth. The company continued to drive robust AI-led product innov...
Amazon Teams Up With TikTok, Pinterest For Shoppable Ads: Analyst Sees $1B Payoff
In a move that's sure to excite investors and shoppers alike, Amazon.com Inc AMZN is making waves by teaming up with social media giants TikTok and Pinterest.
Pinterest to Participate in the Goldman Sachs Communacopia + Technology Conference
SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) announced today that Bill Ready, CEO, will participate in the Goldman Sachs Communacopia + Technology Conference. The session is scheduled ...
Meta and Pinterest Stocks Diverged After Earnings. What It Means for Snap and Reddit.
Meta Platforms and Pinterest kicked off earnings season for social-media stocks with contrasting results. Now Snap and Reddit need to show advertising and AI payoffs.
Pinterest Shares Plunge Despite Upbeat Q2 Results: 6 Analysts On Guidance, Future Growth
Shares of Pinterest Inc PINS tanked in early trading on Wednesday, despite the company reporting upbeat second-quarter results.
Earnings in Focus: SBUX, MTCH, PINS, MA
Markets opened strong on Wednesday morning, bolstered by positive earnings from big companies. Not everyone met the same expectations.
Pinterest Drives Social Commerce by Shortening the Path to Purchase
As Pinterest looks to become a central figure in the social commerce space, the company is integrating more directly shoppable features across the platform to drive sales. In its second quarter 2024 e...
Pinterest Issues Weak Revenue Forecast, Joins Groupon, O-I Glass And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 1.5% on Wednesday.
Pinterest plunges as gloomy forecast dampens revenue rebound hopes
Pinterest shares tumbled more than 12% premarket on Wednesday after a muted third-quarter outlook dashed Wall Street's expectations for a stabilization in its revenues amid a rebound in the digital ad...
Pinterest, Inc. (PINS) Q2 2024 Earnings Call Transcript
Pinterest, Inc. (NYSE:PINS) Q2 2024 Earnings Call Transcript July 30, 2024 4:30 PM ET Company Participants Bill Ready - Chief Executive Officer Julia Donnelly - Chief Financial Officer Andrew Somberg...
Pinterest stock plummets after-hours on Q3 guidance
CNBC's Julia Boorstin joins 'Closing Bell Overtime' to talk Pinterest earnings as stock plummets.
Pinterest shares tumble on weak guidance
Pinterest reported second-quarter earnings on Tuesday, and the social media company beat on both the top and bottom. The company's third-quarter sales total is projected to range from $885 million to ...