Is Pinterest a good stock to buy?
Pinterest Stock: Time to Buy?
- Incredible momentum. Rewind to October and you may recall Pinterest reporting a stellar comeback quarter after a coronavirus-related slowdown in advertising spend in Q2.
- A reasonable valuation. While it's easy to see why Pinterest is a great business with lots of potential, the same can't be said about the company's stock -- at least ...
- The verdict. ...
How much does Pinterest actually make?
“So, Pinterest has 10 million users,” writes Madrigal. “Let’s say that the average across all of them is that they buy items valued at $10 in a month through affiliate links on Pinterest. That’s $100,000,000 of sales for which Pinterest would get credit. That’s $3.75 million in monthly revenue, or $45 million of annual revenue.”
Can you buy stock in Pinterest?
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...
How to make the most of Pinterest?
- remember that Pinterest is all about people discovering things that can inspire them;
- reward quality over quantity;
- make it easy to get involved with clear and simple instructions;
- read the anti-spam measures to keep your contest fun and useful.
See more
Can I buy Pinterest stock?
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.
What type of stock is Pinterest?
Class A Common StockClass A Common Stock (PINS)
Is it good to invest in Pinterest?
Despite fewer people on its platform, 2021 revenue came in at almost $2.6 billion, a 52% increase from year-ago levels. Moreover, Pinterest reported a profit of $316 million for the year, a considerable improvement over the $128 million loss in 2020.
Why is Pinterest stock so low?
Pinterest stock is down due primarily to an decrease in monthly active users. Management is working to drive engagement through creator-generated short videos and a more personalized shopping experience. Shares currently trade at 6.4 times sales, near the low end of their historical range.
How do Pinterest make money?
Pinterest sells targeted ads called “promoted pins” that appear at the top of users' feeds and search results. Those ads brought in about $3 per user in 2018. It also sells click-to-buy shopping ads to businesses and hundreds of retail partners.
Is PINS a buy now?
The situation with Pinterest (NYSE:PINS) stock is much like the situation with Meta Platforms (NASDAQ:FB). Of course, both are social media plays. But both have seen their respective valuation compress on the prospect of slowing growth.
How high will PINS stock go?
Average Price Target Based on 23 Wall Street analysts offering 12 month price targets for Pinterest in the last 3 months. The average price target is $28.19 with a high forecast of $38.00 and a low forecast of $20.00.
Is Pinterest a long term buy?
Such is the case with all stock market investments, there is always a risk, but with the everchanging dynamics that has resulted in more people than ever doing business online, as well as social interaction, Pinterest still stands to be a solid long-term investment for interested buyers, at least for now.
Will PINS stock ever recover?
Pinterest's shares are down by -58.7% since late-October 2021, as Work-From-Home or WFH tailwinds eased. PINS' stock price could see a minor rebound as it experiences accelerating revenue growth in 2H 2022, but returning to the $50 level might be very challenging.
What is the future of Pinterest?
That's an ARPU of $8.69 in 2022, $12.16 in 2023, and $15.81 in 2024. This translates into 2024 revenues of $6.81 billion. In 2021, Pinterest had an operating profit of $326.2 million on $2.6 billion in sales while spending $780.3 million on R&D.
Will Pinterest bounce back?
Pinterest Is Due for a Rebound as It Becomes an E-Commerce Destination. Investors in the visual search and social media platform Pinterest (NYSE:PINS) kicked off 2022 in a swirl of bearish sentiment. Since January, PINS stock has slipped more than 32%.
Why has Pinterest stock tanked?
Pinterest PINS –1.40% shares tumbled after a downgrade by Guggenheim. The firm cited data that users were leaving the platform. Analysts downgraded the stock to Neutral from Buy and lowered the price target to $39 from $46. Pinterest (ticker: PINS) shares dropped more than 9% to $33.13 on Tuesday.
Is Pinterest a buy right now?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last twelve months. There are currently 19 hold ratings...
Are investors shorting Pinterest?
Pinterest saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 39,890,000 shares, an increas...
When is Pinterest's next earnings date?
Pinterest is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Pinterest .
How were Pinterest's earnings last quarter?
Pinterest, Inc. (NYSE:PINS) issued its quarterly earnings data on Wednesday, April, 27th. The company reported ($0.01) earnings per share (EPS) for...
What price target have analysts set for PINS?
25 equities research analysts have issued 12 month price targets for Pinterest's shares. Their forecasts range from $20.00 to $65.00. On average, t...
Who are Pinterest's key executives?
Pinterest's management team includes the following people: Mr. Benjamin Silbermann , Chairman, Co-Founder, Pres & CEO (Age 39, Pay $199.1k) Mr....
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 Baidu (BIDU) , Zoom Video Communications (ZM) , Twitter (TWTR) , Snap (SNAP) , Trade Desk...
What other stocks do shareholders of Pinterest own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Pinterest investors own include NVIDIA (NVDA) , Square (S...
About Pinterest
Headlines
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.
New York Stock Exchange
Can Pinterest Stock Rebound To $50 Levels? Consider Financial Outlook And Valuations - Seeking Alpha
Environmental, Social, and Governance Rating
An image-sharing social media site that allows users to collect links and create virtual pin boards based on their interests.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
NYSE: PINS
An image-sharing social media site that allows users to collect links and create virtual pin boards based on their interests.
Concerns over user growth cloud the social media stock, but it could be a worthwhile investment
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The story behind user growth
The recent nosedive in tech stocks has resulted in many high-quality companies offering compelling buy opportunities. One to consider is Pinterest ( PINS -3.36% ), the online pinboard and social media business that describes itself as a "visual discovery engine."
Powering revenue growth
Let's start by understanding Pinterest's user base decline. In 2019, the company added an average of 17.5 million global MAUs every quarter. That number nearly doubled to 32 million in the first quarter of 2020, and jumped almost threefold the following quarter as pandemic lockdowns began, and internet usage exploded.
Excellent financial health
Pinterest is able to grow revenue by maintaining a core set of users through frequent improvements to its service while seamlessly integrating advertising -- the source of its income.
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Pinterest also achieved a key milestone last year. While many tech companies operate at a loss for years, Pinterest reached profitability. Through the first three quarters of 2021, Pinterest's net income stood at $141.7 million compared to a net loss of $336.2 million in 2020.
It's still losing MAUs
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But its ARPU is still rising
Pinterest gained a lot of MAUs throughout the pandemic as more people stayed at home and searched for hobbies, recipes, DIY projects, and online shopping ideas on its virtual pinboards.
The road ahead
Pinterest's sluggish MAU growth in the U.S. is still a sore spot since it still generated 79% of its third-quarter revenue from its higher-value domestic MAUs. However, Pinterest has been mainly losing its lower-value web-based MAUs in the U.S. instead of its higher-value mobile MAUs.
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Pinterest didn't provide any exact guidance for the fourth quarter, due to the unpredictable comparisons to its pandemic-induced growth a year earlier.