Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

ARK Innovation (NYSEARCA:ARKK) has been selling some of its Cathie Wood stocks. Robust earnings boosted valuations to record highs. The move may be part of Wood’s signature contrarian investment approach, as institutional investors reallocated capital into tech in February. This has left ARK with available capital. So now is an ideal time to explore some Cathie Wood stocks. She stays committed to her pledge to buy during periods of decline.The broader market is expected to continue its momentum through Marc ...

Pinterest (PINS -1.75%) stock trades at about $35 per share. But according to Wall Street, it should trade closer to $43 per share, representing a nearly 23% upside today.TipRanks is tracking 30 analysts who follow Pinterest stock. Each of these analysts has their own opinion about where the stock is going, and not all of them think it's a buy; some even forecast modest downside. But when averaging all the price targets out, the analyst community expects the roughly 23% aforementioned upside.However, this c ...

Pinterest (PINS) closed the most recent trading day at $34.90, moving -1.75% from the previous trading session. This change lagged the S&P 500's 0.65% loss on the day. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, lost 1.16%.The digital pinboard and shopping tool company's stock has dropped by 12.77% in the past month, falling short of the Computer and Technology sector's gain of 3.18% and the S&P 500's gain of 3.4%.The investment community will be closely monitoring the performance of ...

Pinterest, Inc. (NYSE:PINS) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 10:15 AM ET Company Participants Bill Ready - Chief Executive Officer Unidentified Analyst [Abrupt start] -- blue light to become white. Bill Ready Oh, all right, bright. Unidentified Analyst There we are. Bill Ready Now, I'm awake. Unidentified Analyst Yes. The slow way of waking up, right? Bill Ready Yes. Unidentified Analyst All right. Good morning, happy Wednesday morning of the 2024 Morgan Stanley TMT Confer ...

In the latest market close, Pinterest (PINS) reached $36.40, with a -0.82% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.8%. Meanwhile, the Dow experienced a rise of 0.23%, and the technology-dominated Nasdaq saw an increase of 1.14%.The digital pinboard and shopping tool company's stock has dropped by 2.34% in the past month, falling short of the Computer and Technology sector's gain of 5.97% and the S&P 500's gain of 5.2%.Investors will be eagerly ...

Pinterest (PINS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this digital pinboard and shopping tool company have returned -3.6% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Internet - Software industry, to which Pinterest belongs, has gained 11.7% over this period. Now the key question is: Where could the stock be headed in the ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 re ...

Key PointsPinterest is a drama-free social commerce platform for consumers looking to discover inspirational ideas and products about fashion, cooking, crafts, hobbies and lifestyles.Global monthly active users (MAUs) surged 10% to 498 million.Pinterest developed its first-ever live-streaming TV series called "Deliciously Entertaining" to air on the Tastemade streaming channel on February 23.5 stocks we like better than AlphabetPinterest Inc. NYSE: PINS stock suffered a 12% sell-off on its Q4 2023 earnings ...

Social media stocks can come and go just as fast as the memes their platforms support. While the early days of social media stocks provided potential for huge growth akin to the dot-com bubble, many of these publicly traded companies are now faltering thanks to expanded regulatory action, increased competition and dwindling customer demand. The once-trendy darlings of the market are now experiencing a shift in sentiment, as the risks associated with these stocks loom larger than ever. Investors holding posi ...