My numbers say that PINS stock is on track to hit $200 in the long run. Pinterest’s user base will top a billion users by 2030. At the same time, annual ARPU rates should climb to about $20, thanks to the company’s strong ad conversion rates. Putting those two together, Pinterest is a $20-plus billion revenue business in the making.
Will Pinterest stock ever go up?
Is Pinterest stock a good buy?
For next year, the sell-side projects Pinterest's earnings could go from $1.05 per share to $1.46 per share. A year from now, if that appears likely, and the stock simply maintains its current valuation? That implies a move to around $33.30 per share.Mar 14, 2022
Is Pinterest a good long term stock?
How high will Pinterest go?
Is PINS a buy or sell?
...
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.97% |
| 2 | Buy | 18.45% |
| 3 | Hold | 10.03% |
| 4 | Sell | 5.70% |
Does Pinterest stock pay dividends?
PINS does not currently pay a dividend.5 days ago
Is Pinterest a good stock to buy 2021?
Why is Pinterest stock so low?
Are PINS profitable?
In addition to its revenue growth, PINS stock trades at 31 times next year's earnings estimates.Dec 2, 2021
What is Pinterest stock price?
The 26 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 35.50, with a high estimate of 50.00 and a low estimate of 15.00. The median estimate represents a +83.94% increase from the last price of 19.30.
What is the forecast for Apple stock?
The 37 analysts offering 12-month price forecasts for Apple Inc have a median target of 191.00, with a high estimate of 219.94 and a low estimate of 145.00. The median estimate represents a +21.32% increase from the last price of 157.43.
Is Pinterest a buy right now?
25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 18 hold ratings...
How has Pinterest's stock been impacted by COVID-19?
Pinterest's stock was trading at $15.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since...
Are investors shorting Pinterest?
Pinterest saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 28,230,000 shares, an i...
When is Pinterest's next earnings date?
Pinterest is scheduled to release its next quarterly earnings announcement on Tuesday, April 26th 2022. View our earnings forecast for Pinterest .
How were Pinterest's earnings last quarter?
Pinterest, Inc. (NYSE:PINS) issued its quarterly earnings data on Thursday, February, 3rd. The company reported $0.29 earnings per share (EPS) for...
What price target have analysts set for PINS?
25 analysts have issued twelve-month target prices for Pinterest's shares. Their forecasts range from $33.00 to $65.00. On average, they anticipate...
Who are Pinterest's key executives?
Pinterest's management team includes the following people: Benjamin Silbermann , Chairman, President & Chief Executive Officer Todd R. Morgenfeld...
What is Ben Silbermann's approval rating as Pinterest's CEO?
217 employees have rated Pinterest CEO Ben Silbermann on Glassdoor.com . Ben Silbermann has an approval rating of 91% among Pinterest's employees....
Who are some of Pinterest's key competitors?
Some companies that are related to Pinterest include Snap (SNAP) , Baidu (BIDU) , IHS Markit (INFO) , Zoom Video Communications (ZM) , Trade D...
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When did Pinterest go public?
The idea-sharing platform Pinterest was one of the buzziest initial public offerings last year: The company went public in April 2019, which means investors can now buy Pinterest stock under the ticker symbol PINS.
Who is Andrea Coombes?
About the author: Andrea Coombes is a former NerdWallet authority on retirement and investing. Her work has appeared in The Wall Street Journal and MarketWatch. Read more.
Thursday's hot IPO is just the beginning for the fast-growing social discovery platform
Since 1995, Rick has been writing for The Motley Fool, where he's a consumer and tech stocks specialist. Yes, that's a long time with more than 20,000 bylines over those 24 years. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception.
1. Growth always thrills investors
Nearly 300 million people worldwide rely on Pinterest for visual ideas and inspiration, and it's paying off. Revenue soared nearly 60% to hit $755.9 million last year, and the top-line growth accelerated following a 58% clip in 2017.
2. Pinterest is just scratching the surface of monetization
The number of Pinners is growing. Pinterest estimates that it had an average of 291 million monthly active users through the first quarter of this year, up 22% over the prior year.
3. There is less controversy on Pinterest
Some of social media's most popular platforms are steeped in notoriety these days. Google the term "Pinterest scandal" and the first entry you will see is ABC's page for the Scandal TV show. You'll find a lot more stories bubbling to the top of your query results when you run the same experiment with the hottest social apps.
Is Pinterest profitable in 2020?
Pinterest, Inc. ( NYSE: PINS ) had a volatile year so far, rising as high as US$90 and falling as low as US$54. It is a company that definitely profited from 2020, with a surge of new users reaching 100 million during the year. While on the verge of profitability, we can see that Pinterest does use debt in its business.
Is Pinterest allowing weight loss ads?
Pinterest is banning all ads with weight loss language and imagery, including ads that idealize or denigrate certain body types, it said on Thursday. The digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index (BMI) or similar indexes. Ads promoting healthy lifestyles, habits or fitness services and products are still allowed on the platform if they do not "focus on weight loss."
Is Pinterest expanding?
Pinterest, Inc. (NYSE: PINS) today, announces that it is expanding Idea Pins, its multi-page video Pin format, to all creators in India, Indonesia, Spain, Italy, Ireland, New Zealand, Brazil, Mexico, Argentina, Chile, Columbia, Peru, Japan, and Sweden. This new access and capability will empower anyone with a business account in these countries to create inspiring content and closer interact with their audiences, building more engaged communities directly on Pinterest.
The company is in its high-growth phase -- will this lead to big rewards?
Inculcated into the world of finance as a child by his value-investor father (who achieved millionaire status through his stock investments), Robert "Izzy" Izquierdo has followed, bought, and sold stocks for decades.
The track record so far
In its fourth quarter annoucement, the company reported 335 million monthly active users (MAUs), up 26% year over year. Moreover, in a preview of first-quarter results, the company expects MAUs to fall in the range of 365 million to 367 million, good for another quarter of 26% growth at the midpoint.
Challenges for the company
Once the pandemic passes, Pinterest will have other challenges to overcome. The company measures its ability to monetize its user base with the average revenue per user (ARPU) metric. During the fourth quarter, ARPU was $1.22, up 15% from the prior-year period's $1.06. When broken down by geography, the U.S.
The final verdict
If Pinterest can succeed in raising ARPU for its international division, that would translate into big gains for its top line.
Or has it already given shareholders all it will ever give?
After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
Here's why Pinterest stock will likely go up long term
Recently, a new social media app called Parler raced to the top spot in Apple 's and Google's (from Alphabet) app stores. According to the Wall Street Journal, Parler's user base has surged to over 10 million people, most joining in recent weeks. Apparently, the trend is politically motivated.
But will Pinterest stock go up more right now?
By asking if it's too late to buy Pinterest stock, potential investors are actually wondering what the stock is about to do right now. In other words, is it immediately going up, or should investors wait on the sidelines for a cheaper entry point? That complex question requires a more nuanced answer.
The image-based social media giant is set to report earnings on Thursday, July 29
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Keeping up with the competition
Fueled by a rebound in marketer spending, Pinterest reported year-over-year revenue growth of 78% in its first quarter. As economies are reopening, marketers are boosting spending to get the word out that they are open for business. Still, the reopening of economies harms the growth in monthly active users (MAUs) and engagement on Pinterest.
What this could mean for investors
Analysts expect Pinterest to report revenue of $561.88 million and earnings per share of $0.13. The EPS figure will be a turnaround compared to the net loss of $0.07 reported in the same period a year ago. Meanwhile, the revenue figure would be 106.5% higher than the number reported last year.
Who is Leo in 2020?
May 8, 2020 at 9:08AM. Author Bio. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses.
How much revenue does Pinterest have in 2019?
Pinterest's full-year revenue rose 51% in 2019, as its global monthly active users (MAUs) grew 26% to 335 million. Pinterest's MAUs rose another 26% year over year to 367 million in the first quarter. Its international MAUs climbed 34% to 277 million, and its U.S. MAUs grew 6% to 90 million, but it still generates significantly less average revenue ...
Is Pinterest still growing?
Pinterest is still growing, but its losses are widening and its stock isn't cheap at about eight times this year's projected sales. Facebook, which is firmly profitable, trades at less than 8 times this year's sales.
Is Pinterest a must have?
Last week, Pinterest (NYSE: PINS) reported blowout fourth-quarter numbers, which broadly underscored that this social media company is turning into a must-have app for consumers and a must-use advertising platform for brands. It should be no surprise, then, that PINS stock surged to fresh all-time highs after the print.
How many MAUs does Pinterest have?
The company is still in the first few innings of its growth. Pinterest closed the year with 459 million MAUs. Many of the world’s largest social media platforms have over a billion MAUs. Pinterest — given its value prop as a visual discovery engine in a visual-focused world — is on track to reach that level of ubiquity.
