Group 1: Company Performance - Pinterest's stock closed at $33.25, reflecting a +1.46% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.9% [1] - Over the past month, Pinterest shares gained 6.36%, surpassing the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% [2] Group 2: Financial Expectations - Upcoming financial results are anticipated to show an EPS of $0.34, a 21.43% increase year-over-year, with projected revenue of $897.07 million, reflecting a 17.54% rise from the same quarter last year [3] - For the entire fiscal year, earnings are expected to be $1.44 per share and revenue at $3.64 billion, indicating increases of +32.11% and +19.17% respectively from the previous year [4] Group 3: Analyst Estimates and Valuation - Recent changes to analyst estimates for Pinterest suggest a positive outlook, with the Zacks Consensus EPS estimate moving 0.15% lower in the past month, resulting in a Zacks Rank of 4 (Sell) [6] - Pinterest's Forward P/E ratio is 22.82, which is lower than the industry average of 30.01, and its PEG ratio stands at 0.69 compared to the industry average of 2.01 [7] Group 4: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 industries [8]

Company Overview - Pinterest (NYSE: PINS) has over 500 million monthly active users, indicating strong user growth and engagement [1] - The company is experiencing rapid growth in e-commerce, driven by partnerships with Amazon and AI-powered innovation [1] Financial Performance - Pinterest faces challenges such as lower ad prices and increased costs, which could impact profitability [1] - Despite these challenges, the company continues to grow, leveraging its large user base and e-commerce momentum [1] Industry Trends - The company is well-positioned to capitalize on trends targeting Gen Z, a key demographic for future growth [1] - AI-powered innovation is a significant driver of Pinterest's strategy, enhancing user experience and ad targeting capabilities [1] Strategic Focus - Pinterest's mission aligns with providing objective and data-driven research, focusing on small- to mid-cap companies while also identifying opportunities in large-cap and mega-cap companies [1]

I only buy strong businesses. I only buy them when they're cheap. Backgrounds in economics, philosophy, government, data. I started my investing journey with a fairly concentrated portfolio of Canadian dividend payers in the telecom, pipeline and banking industries. I have moved forward through different industries including payments, US regional banking, Chinese and Brazilian equities, REITs, technology companies and a few other emerging market opportunities, as well as microcap through to megacap range. I ...

Group 1: Company Performance - Pinterest's stock closed at $32.72, reflecting a +1.77% increase, outperforming the S&P 500's gain of 0.4% [1] - Over the past month, Pinterest shares increased by 2.81%, surpassing the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71% [1] Group 2: Upcoming Earnings - Pinterest is expected to report an EPS of $0.34, representing a 21.43% increase year-over-year [2] - Revenue is anticipated to be $896.99 million, up 17.53% from the same quarter last year [2] Group 3: Full Year Estimates - Analysts project earnings of $1.43 per share and revenue of $3.64 billion for the full year, indicating increases of +31.19% and +19.15% respectively from the previous year [3] Group 4: Analyst Forecasts - Recent revisions to analyst forecasts for Pinterest are important as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [4] Group 5: Valuation Metrics - Pinterest has a Forward P/E ratio of 22.41, which is lower than its industry's Forward P/E of 30.41 [7] - The company has a PEG ratio of 0.9, compared to the Internet - Software industry's average PEG ratio of 2.02 [7] Group 6: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 78, placing it in the top 31% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Pinterest, Inc. (PINS) has declined 28.7% over the past three months against the industry's growth of 5.2%. However, it has outperformed peers like Snap Inc. (SNAP) but lagged Meta Platforms, Inc. (META) over this period. This Internet content provider that operates as a discovery platform relies heavily on advertising as its primary source of revenue. With a macro slowdown in the broader digital advertising domain, Pinterest is increasingly finding it difficult to sustain its growth momentum. Image Source: ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

The latest trading session saw Pinterest (PINS) ending at $28.89, denoting a +0.1% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.52%. Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 6.93% over the past month. This has lagged the Computer and Technology sector's gain of 1.56% and the S&P 500's gain of ...

Company and Industry Overview * **Company**: Pinterest, Inc. (NYSE:PINS) * **Industry**: Social media, e-commerce, visual search * **Event**: Goldman Sachs Communacopia + Technology Conference, September 11, 2024 * **Participants**: Bill Ready - CEO of Pinterest, Eric Sheridan - Goldman Sachs Key Strategic Priorities * **User Growth and Engagement**: Pinterest has seen eight consecutive quarters of user growth and is focusing on increasing engagement through shoppable content, curation, and AI-driven recommendations. * **Monetization**: The company is expanding its monetization efforts by targeting lower funnel advertising and leveraging its unique user behavior data. * **AI and Machine Learning**: Pinterest is leveraging AI to improve recommendation relevance, personalize user experiences, and enhance ad targeting. User Growth and Engagement * **User Growth**: Pinterest has seen eight consecutive quarters of user growth, with record levels of new users and deeper engagement per user. * **Shoppable Content**: Pinterest has transformed from a window shopping platform to a shoppable platform, allowing users to click, convert, and buy directly from the platform. * **Curation**: Pinterest's unique curation behavior provides valuable insights into user preferences and interests, which are used to improve recommendations and personalize user experiences. * **AI-Driven Recommendations**: Pinterest's AI algorithms analyze user behavior and preferences to deliver highly relevant recommendations, driving engagement and user satisfaction. Monetization * **Lower Funnel Advertising**: Pinterest is focusing on lower funnel advertising, targeting users who are actively looking to purchase products. * **Performance Advertising**: The company is gaining share in performance budgets by offering tools and solutions that help advertisers drive clicks and conversions. * **Third-Party Partnerships**: Pinterest has formed partnerships with third-party platforms like Amazon and Google to expand its ad inventory and reach. AI and Machine Learning * **AI-Driven Recommendations**: Pinterest's AI algorithms analyze user behavior and preferences to deliver highly relevant recommendations, driving engagement and user satisfaction. * **Computer Vision**: Pinterest is leveraging computer vision to analyze images and provide more accurate and personalized recommendations. * **Large Language Models**: Pinterest is using large language models to improve the relevance of its recommendations and personalize user experiences. Competitive Landscape * **Unique User Behavior**: Pinterest's unique user behavior and curation signals provide a competitive advantage over other social media and e-commerce platforms. * **Focus on Lower Funnel Advertising**: Pinterest's focus on lower funnel advertising differentiates it from other social media platforms that primarily focus on upper funnel advertising. * **AI and Machine Learning**: Pinterest's AI capabilities give it a competitive edge in delivering personalized and relevant user experiences. Gen Z * **40% of Users**: Gen Z represents the largest and fastest-growing demographic on Pinterest, accounting for more than 40% of the platform's user base. * **Shopability and Curation**: Gen Z users are drawn to Pinterest's shopability and curation features, which allow them to discover new products and express their personal style. * **Positive Alternative to Social Media**: Pinterest provides a positive alternative to social media, offering a space for users to invest in themselves and discover new ideas.

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 - Goldman Sachs Eric Sheridan All right. I think we're going to get started. Let me just make sure everything's working technology-wise, yes, okay. The mic is working. So it's my pleasure for our first fireside chat for me for the day to have the team from Pinterest here as part of the conference. We've got Bill Ready, ...

In the latest market close, Pinterest (PINS) reached $29.12, with a -0.99% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.45%. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%. Shares of the digital pinboard and shopping tool company have appreciated by 1.38% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.98% and lagging the S&P 500's gain of 2.54%. The investment communit ...