Pinterest (PINS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Here at Zacks, we prioritize appraising the change in the proj ...

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Zacks Premium includes access to the Zacks Style Scores as well. Based on their value, grow ...

Prior to today's trading, shares of the digital pinboard and shopping tool company had gained 4.21% over the past month. This has outpaced the Computer and Technology sector's loss of 3.6% and the S&P 500's gain of 3.11% in that time. PINS's full-year Zacks Consensus Estimates are calling for earnings of $1.43 per share and revenue of $3.67 billion. These results would represent year-over-year changes of +31.19% and +20.06%, respectively. Our research demonstrates that these adjustments in estimates directl ...

T L Investment Thesis More specifically, as we approach H2 2024, Pinterest continues to put forth a strong narrative backed by solid fundamentals. All in all, I believe that paying approximately 40x EBITDA for PINS makes sense, given that there's still room for further margin expansion in the back half of 2024. I make the case that in the next twelve months, we'll look back to PINS at $44 per share and consider it a bargain entry point. Back in January, I argued in a bullish piece, Why Pinterest? Why Now? A ...

The previous year was marked by a notable narrowness in market performance, dominated by the "Magnificent Seven," which drove nearly all the gains seen in the S&P 500 and Nasdaq indices. This year, however, could be the beginning of a signal or turning point for small-cap stocks, which may rebound from their underperformance, particularly as many of the larger and mega-cap stocks are now perceived as overvalued by many market participants. Palantir Technologies (PLTR) Palantir Technologies (NYSE:PLTR) stand ...

The partnership allows customers to tap into Pinterest's high-intent audience and make their products available for purchase to an audience that is actively planning and shopping NEW YORK, June 4, 2024 /PRNewswire/ -- Today, VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, is announcing its partnership with Pinterest to help consumer brands broaden their social commerce footprint and connect with more customers. Through its commerce platform, VTEX's 2,600 gl ...

The Nasdaq may be at a record high, but some tech stocks still have room to grow. The tech bear market of 2022 may be a distant memory now as the Nasdaq Composite has been setting new records for months. However, some tech stocks are still trailing behind the indexes, down substantially from their pandemic-era peaks. Now that the economy is starting to normalize, these laggards could have significant upside potential. Keep reading to see two stocks that could be prime-time buys right now. Roblox stock looks ...

A month has gone by since the last earnings report for Pinterest (PINS) . Shares have added about 4.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Pinterest due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Pinterest Q1 Earnings Beat Estimates, Revenues Surge ...

Pinterest announced today that it is evolving its Creator Inclusion Fund. Pinterest teamed up with Shopify's Build Black & Narrative program to allow small business owners from or who serve underrepresented backgrounds to now apply for the Creator Inclusion Fund. Previously, only traditional content creators applied. This is a new iteration of the fund, which sees Pinterest slowly moving away from traditional creators and focusing more on creative entrepreneurs. Pinterest's Creator Inclusion Fund expansion ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...