Social media company Pinterest reported excellent first-quarter results, and the stock is now at a 52-week high. My stock portfolio isn't terribly concentrated, and the "largest" stock investment in it has changed a few times over the past couple of years thanks to price movements. Upon logging into my brokerage account about a week ago, I found that it has changed again: Social media company Pinterest (PINS -0.19%) is now the largest stock investment in my portfolio. To be sure, I didn't necessarily plan o ...

Chayantorn Investment Thesis Pinterest (NYSE:PINS)beat earnings estimates by 42.86% for the last quarter, reporting $0.20 Normalized EPS vs $0.14 expected. In fact, revenue has been increasing at a faster rate than the industry over the last 5 years on a YoY basis. Next quarterly earnings are expected Aug 6 with a projected EPS of $0.28 which is an increase of 33.33% YoY. | PINS Growth Grade | | A | | | | | | --- | --- | --- | --- | --- | --- | --- | | Sector | Relative Grade | SMIL | Sector Median | % Diff ...

kycstudio For the most part, the ongoing Q1 earnings season has dealt a lot of disappointments to tech stocks, where investors are seeking reasons to hold onto companies with elevated valuation multiples amid persistently high interest rates. A rare outlier here is Pinterest (NYSE:PINS), the social media company that emphasizes "pinning" topics of interest. A smaller player in the U.S. social media space, Pinterest continues to grow its user base both domestically and abroad, and a strong Q1 earnings pr ...

kycstudio It took it a while, but Pinterest (NYSE:PINS) appears to have finally found its groove. The company has figured out how to efficiently monetize its platform through strategic partnerships, while also somehow continuing to grow its user base. After seeing the latest results, I have increased confidence in their ability to hit multi-year financial targets. The company made further progress towards sustainable GAAP profitability, and I continue to expect a profitability inflection over the coming ...

Have you been paying attention to shares of Pinterest (PINS) ? Shares have been on the move with the stock up 20.9% over the past month. The stock hit a new 52-week high of $42.09 in the previous session. Pinterest has gained 13.1% since the start of the year compared to the 12.6% move for the Zacks Computer and Technology sector and the 12.2% return for the Zacks Internet - Software industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't mi ...

Pinterest (PINS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this digital pinboard and shopping tool company have returned +20.9% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Internet - Software industry, to which Pinterest belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be he ...

Key PointsPinterest grew its monthly active users by 12% to 518,000 in Q1 2024.Pinterest drove its platform's highest user and revenue growth since Q1 2021.Adjusted EPS more than doubled in Q1 2024, and adjusted EBITDA margin rose 1,100 bps to 15%.5 stocks we like better than PinterestSocial commerce platform Pinterest Inc. NYSE: PINS shares are climbing towards 52-week highs on the heels of a spectacular Q1 2024 earnings report. The rebound in the advertising market, coupled with its artificial intelligenc ...

Have you assessed how the international operations of Pinterest (PINS) performed in the quarter ended March 2024? For this digital pinboard and shopping tool company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Inves ...

The niche social media company just silenced the bears.Pinterest's (PINS 0.58%) stock surged 21% on May 1 after the social media company posted its first quarter earnings report. Its revenue rose 23% year over year to $740 million, exceeding analysts' estimates by $40 million, while its adjusted earnings surged 150% to $0.20 per share and cleared the consensus forecast by seven cents.Pinterest's headline numbers were impressive, but does its stock still have room to run after rallying 90% over the past 12 m ...

Pinterest (PINS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this digital pinboard and shopping tool company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...