Analysts on Wall Street project that Pinterest (PINS) will announce quarterly earnings of $0.14 per share in its forthcoming report, representing an increase of 75% year over year. Revenues are projected to reach $699.44 million, increasing 16.1% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a c ...

Don't overlook these high-growth businesses.While some stocks have responded to the 2024 bull market better than others, an abundance of stocks have followed this rising tide. There's no predicting how long this next bull market will last, although historically speaking, these periods tend to significantly outlast bear markets in average duration.If you're investing in top stocks for the long haul, what the market does in a few weeks, months, or even years won't deter you from building your portfolio in all ...

Pinterest (PINS) closed the most recent trading day at $32.40, moving -1.55% from the previous trading session. This change lagged the S&P 500's 0.88% loss on the day. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.The digital pinboard and shopping tool company's stock has dropped by 4.14% in the past month, falling short of the Computer and Technology sector's loss of 3.33% and the S&P 500's loss of 2.57%.Market participants will be closely following the financial results of Pinter ...

The latest trading session saw Pinterest (PINS) ending at $32.91, denoting a +0.43% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.22%. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%.Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 4.43% over the past month. This has lagged the Computer and Technology sector's loss of 1.64% and the S&P 500's loss of 1.66% in that time.Market ...

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.Shares of this digital pinboard and shopping tool company have returned -3.5% over the past month versus the Zacks S&P 500 composite's -1.1% change. The Zacks Internet - Software industry, to which Pinterest belongs, has lost 0.8% over this period. Now the key question is: Where could the stock be headed in the near term? ...

Enes Evren/iStock Unreleased via Getty Images I think Pinterest (NYSE:PINS) is a quality company with a social media platform focused on a nuanced target market of creatives, women, and youths primarily. As such, it commands a unique position in the market for advertisers and could achieve excellent growth in the next decade. However, beyond this, I wonder how scalable the platform is, and while I think the stock may be undervalued for now, I am not sure I consider Pinterest a lifelong holding. A Niche ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?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 recommendation (ABR) of 1.60, on ...

Shares of digital pinboard site Pinterest (PINS -0.60%) experienced a resurgence in the past few months. The stock hit a 52-week high of $41.60 in February.That's a dramatic turnaround from the 52-week low of $20.60 reached last May. The company's growth in both monthly active users (MAUs) and revenue last year helped to drive the stock price reversal.Since then, shares have retreated from its February high. But does this signal a buy opportunity?To make a decision whether to snatch up Pinterest stock, it's ...

Reddit (RDDT -3.92%) just went public in the most anticipated initial public offering (IPO) of 2024 so far, creating a new option for investors who want social media exposure in their portfolio. While there's a lot to like about Reddit, fellow social media stock Pinterest (PINS -1.15%) looks like an attractive investment as well and could be more appropriate for certain investors.With that in mind, here's a rundown of the key metrics and stats investors should know about both of these. Social media is an ex ...

Rich Polk With markets soaring, it is time to take another look at Pinterest (NYSE:PINS) given the recent underperformance. The company has executed strongly over the past year, capitalizing on AI tailwinds as well as integrating third party advertisements into its platform. Management has guided for solid double-digit top-line growth over the next few years, which may be enough to justify the premium valuation. Given the rising valuations all around, I hesitantly feel comfortable about upgrading PINS t ...