If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Pinterest (PINS) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat. This digital pinboard and shopping tool company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...

Loading... Amazon.com Inc AMZN and its Prime video ad ramp Alphabet Inc GOOGGOOGL and Google's AI Overviews ramp. Meta Platforms' META business messaging adoption "Besides macro, AI remains the top sector sentiment driver," the firm noted, adding that it prefers "more risk-on stocks" in the second half of 2024. "BofA economists expect cooling inflation, positive GDP growth and lower rates exiting 2024, which could favor stocks with higher beta/risk profiles." Stock Picks: Bank of America highlights seven st ...

Pinterest's assertions about digital engagement among members of Gen Z are borne out by the latest edition of PYMNTS "How the World Does Digital" report. The research from that report shows that Gen Z consumers engaged in 23.5 digital activities per month, compared to 9.6 per baby boomers. Video streaming, meanwhile, was the most popular type of digital activity, with nearly 60% of all consumers engaging in it at least weekly. However, roughly 70% of FinTechs also say Gen Z consumers just do not make enough ...

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 ...

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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 ...