Pinterest(PINS)

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Will Pinterest Be Worth More Than Amazon by 2050?
The Motley Fool· 2024-10-27 11:14
Could this social shopping leader evolve into an e-commerce titan?Pinterest (PINS 1.63%), one of the world's largest social media platforms, differentiates itself from its competitors in two ways. First, it encourages its users to share their interests, ideas, and hobbies by pinning images, videos, and websites to its virtual pinboards. That user-powered flywheel drives its advertising algorithms to craft more effective first-party ads than other data-mining advertising platforms.Pinterest's platform is als ...
1 Beaten-Down Tech Stock to Buy and Hold
The Motley Fool· 2024-10-27 07:10
This company's recent sell-off provides an excellent opportunity to buy its shares on the dip. Tech stocks have been on fire this year as the artificial intelligence (AI) boom is providing a significant tailwind to several of the most prominent players in the sector. Some AI-focused companies still have plenty of room to run, so it may not be too late to invest in them. However, investors might also want to consider going against the market and purchasing shares of corporations that haven't performed well t ...
Prediction: Pinterest Stock Could Be Headed to $50 in 2025
The Motley Fool· 2024-10-25 07:15
Management made a move that's good for business and it could pay off in a big way in the coming year.Image-browsing platform Pinterest (PINS 0.92%) went public in 2019 and started trading around $24 per share. Investor enthusiasm was riding high and the stock inched closer and closer to $90 in early 2021. But enthusiasm quickly gave way to panic as the price per share collapsed to nearly $17 in 2022.Pinterest stock trades at about $31 per share, as of this writing. But in 2025, I wouldn't be surprised if it ...
Pinterest (PINS) Laps the Stock Market: Here's Why
ZACKS· 2024-10-24 22:56
Pinterest (PINS) closed the most recent trading day at $31.83, moving +0.92% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 1.9% over the past month. This has lagged the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47% in ...
Pinterest faces EU privacy complaint over tracking ads
TechCrunch· 2024-10-24 05:00
When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc’s General Data Protection Regulation (GDPR) by failing to obtain consent from users to being tracked and profiled for advertising.The GDPR allows for penalties of up to 4% of global annual turnover for confirmed breaches so suc ...
Pinterest (PINS) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-10-18 22:50
In the latest trading session, Pinterest (PINS) closed at $33.18, marking a +0.73% move from the previous day. This change outpaced the S&P 500's 0.4% gain on the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.63%. Shares of the digital pinboard and shopping tool company have appreciated by 7.93% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76%. Investors will be eagerly watching ...
Pinterest (PINS) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-10-14 14:39
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Pinterest (PINS) . Pinterest currently has an average brokerage recommenda ...
Why Pinterest (PINS) Outpaced the Stock Market Today
ZACKS· 2024-10-11 22:51
Company Performance - Pinterest's stock closed at $34.15, reflecting a +1.22% change from the previous trading day's closing, outperforming the S&P 500 which gained 0.61% [1] - Over the past month, Pinterest shares have appreciated by 15.11%, surpassing the Computer and Technology sector's gain of 8.6% and the S&P 500's gain of 5.36% [2] Upcoming Earnings - Pinterest is expected to report an EPS of $0.34, which is a 21.43% increase from the prior-year quarter, with anticipated revenue of $897.07 million, indicating a 17.54% increase from the same quarter last year [3] - For the full year, earnings are projected at $1.44 per share and revenue at $3.64 billion, reflecting changes of +32.11% and +19.17% respectively from the previous year [4] Analyst Estimates and Rankings - Recent revisions to analyst forecasts for Pinterest are crucial as they indicate changing business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Rank system currently rates Pinterest as 4 (Sell), with the consensus EPS estimate having moved 0.15% lower over the last 30 days [6] Valuation Metrics - Pinterest is trading at a Forward P/E ratio of 23.5, which is a discount compared to the industry average Forward P/E of 31.14 [7] - The company has a PEG ratio of 0.71, significantly lower than the Internet - Software industry's average PEG ratio of 2.02 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 73, placing it within the top 29% of over 250 industries [8]
Pinterest shares move higher on inclusion in Goldman Sachs' Americas Conviction List
Proactiveinvestors NA· 2024-10-09 16:32
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Pinterest: Time to Jump Onboard for Long-Term Gains?
MarketBeat· 2024-10-09 12:00
Pinterest NYSE: 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. After a significant decline in share price, investors have started to question if the platform has the potential for a rebound. Add to Watchlist Get Pinterest alerts: A Look at Pinterest's Terrain Pinterest Today | --- | --- | --- | |----------------------|-------|-------| | | | | | | | | | | | | | PINS Pinterest ...