Full Answer
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. ...
Should I invest in the Pinterest IPO?
Similar to Uber and Lyft, the Pinterest IPO is the latest startup “unicorn” to make Wall Street jump with excitement. And even though Pinterest shows potential, we cannot recommend buying its stock at the IPO.
How do I invest in Pinterest?
- What factors will determine the date of Pinterest’s IPO?
- What are the company’s plans for allocating IPO revenue?
- Does Pinterest have strong competition for market share?
- What are its prospects for growth?
- Does current management have experience with running publicly traded firms?
- What are the company’s goals in terms of profitability and innovation?
Is Pinterest a public stock?
Pinterest went public on April 18, 2019 at $19 per share, above the company's projected price range of $15-$17 in its SEC filing. The platform allows contributors ('pinners') to share visual ...
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.
Is Pinterest good stock to buy now?
Pinterest stock now trades at an all-time low valuation. Its price-to-sales (P/S) valuation is currently about 5.
How much does it cost to buy Pinterest stock?
It opened the day at $37.40 after a previous close of $36.36. During the day the price has varied from a low of $36.32 to a high of $38.20. The latest price was $36.35 (25 minute delay)....Pinterest shares at a glance.52-week range$18.32 - $81.77Earnings per share (TTM) more info button$0.486 more rows
Is Pinterest stock expected to rise?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 25.00, with a high estimate of 37.00 and a low estimate of 15.00. The median estimate represents a +38.20% increase from the last price of 18.09.
Does Pinterest have a future?
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.
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.
Is PINS a buy now?
Right now, PINS stock is not a buy.
What company would buy Pinterest?
PayPal Holdings Inc.PayPal Holdings Inc. is exploring a $45 billion acquisition of social media company Pinterest Inc., in what could be the biggest technology deal of the year and move the payments company closer to its ambitions of becoming a “super app.”
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.
What will Pinterest stock be in 2025?
According to the latest long-term forecast, Pinterest price will hit $20 by the middle of 2022 and then $40 by the end of 2023. Pinterest will rise to $50 within the year of 2024, $60 in 2025, $75 in 2026, $80 in 2027, $90 in 2028 and $100 in 2030.
Is Pinterest still relevant 2022?
Pinterest is the 14th largest social network in the world In terms of global active users, Pinterest ranks as the 14th largest platform in the world as of January 2022. The platform beats both Twitter and Reddit, but ranks below social networks like Facebook, Instagram, TikTok and Snapchat.
Is PINS a buy hold or sell?
Pinterest has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 5 buy ratings, 20 hold ratings, and no sell ratings.
How much is Pinterest stock trading in 2020?
As of October 2020, Pinterest shares are trading just below $50, an all-time high for the company.
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.
1. A massive market opportunity
As you might already know, Pinterest's app is free to join and use. It makes money from advertisers willing to pay for the privilege of marketing its products and services to people browsing Pinterest. Of course, the more people they can reach, the more marketers are willing to pay.
2. Profitable on the bottom line and cash flow positive
In its fiscal year 2021, Pinterest is making significant strides in profitability and free cash flow. From 2017 to 2020, Pinterest lost over $1.5 billion on the bottom line. In 2021, it was turning the corner on profitability. In the nine months ended Sept. 30, Pinterest has earned $141.7 million in net income.
3. Bargain price
Investors have been focused on Pinterest's decreasing number of monthly active users despite the good news on profitability, cash flow, and an expanding market opportunity.
How to buy shares in Pinterest
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Is it a good time to buy Pinterest stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Pinterest stock undervalued or overvalued?
Valuing Pinterest stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pinterest's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Pinterest share dividends
We're not expecting Pinterest to pay a dividend over the next 12 months.
Pinterest share price volatility
Over the last 12 months, Pinterest's shares have ranged in value from as little as $23.61 up to $88.83. A popular way to gauge a stock's volatility is its "beta".
Pinterest overview
Pinterest, Inc. operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others; and provides video, product, and idea pins.
What do I need to know to buy Pinterest stock?
If you know that you want to buy Pinterest stock for investment and nothing more, then all you need to know is the price you’re willing to pay for the stock and how much of it you want to buy at that price.
When did Pinterest IPO?
Pinterest’s IPO preliminary prospectus was filed with the Securities and Exchange Commission (SEC) on April 8, 2019. The offering on the prospectus was for 75,000,000 shares of Pinterest Class A Common Stock, and the price was expected to fall between $15 and $17 per share.
How to make a trade on Pinterest?
To make your trade, you will have to deposit money into your brokerage account. Some brokers have an account minimum so make sure you select one that fits your budget. Make your purchase. Following your broker’s procedure, you can now buy as much Pinterest stock as you want your portfolio to have. Contents.
How much did Pinterest lose in the first quarter?
In a letter to shareholders, Pinterest reported first-quarter revenue of $201.9 million, or an annual increase of 54%. However, its non-Generally Accepted Accounting Principles (GAAP) earnings per share (EPS) showed a loss of -$0.32 per share.
How long is the lock up period for a stock?
Keep in mind that participants in the initial offering who bought the stock from an investment banker for $19 per share cannot sell their stock for the post-IPO “lock-up” period of 180 days, which would be on October 15, 2019.
When did Pinterest get its last round of funding?
That was the case when Pinterest got its last round of funding in 2017, when it sold $1.5 billion in stock to 37 companies that included Goldman Sachs and Rakuten.
Where is Pinterest based?
Founded in 2008 and based in San Francisco, California, Pinterest is an image-based social media network and mobile application. Pinterest’s growth rate has been outstanding, and the site is now available worldwide in 27 languages serving 290 million members. The company’s growth rate has also attracted businesses that have expanded their presence ...
About Pinterest
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.
Headlines
Can Pinterest Stock Rebound To $50 Levels? Consider Financial Outlook And Valuations - Seeking Alpha
But Pinterest Has Some Growth
While the company saw a surge in users due to Covid-19, it’s now having trouble with user growth as the world continues its return to something closer to normal.
The Company Is Also Profitable
In addition to its revenue growth, PINS stock trades at 31 times next year’s earnings estimates. While that’s not screamingly cheap, it’s important because it implies one key observation: Pinterest is profitable. The company earned 42 cents a share last year and is forecasted to earn $1.10 a share this year.
PINS Stock Is Oversold
Last but not least, we have the charts. The technicals are not shouting out any sort of “must-buy now!” signals. In fact, PINS stock looks downright dreadful, as do many growth stocks.
When will Pinterest stock earnings be released?
Earnings for Pinterest Stock. The earnings report was released on May 5, 2020. If you didn’t already know, the earnings season is one of the most anticipated points during the financial year for the market. We saw the price of PINS stock gap down for about a week before moving up. It’s still heading up to this point.
How much money did Pinterest make in 2019?
Pinterest generated 1.03 billion U.S. dollars in advertising (2019). Shares at their IPO on April 18, 2019, went for $19 each. Q4 2019 global revenue was $400 million, with 46% growth year-over-year. 2019 revenue grew 51% year over year to $1,143 million.
How much revenue does Pinterest make in the first quarter?
Pinterest said it expects revenue for the first quarter to be “in the range of $269 million to $272 million.”. However, they didn’t offer an earnings outlook for the quarter.
When was Pinterest created?
Founded in 2010, Pinterest is an image-sharing social media site. At the same time, users can collect links and create virtual pinboards based on their interests. I must admit, with 60+ boards, I’m a self-proclaimed interest junkie.
When will the call option market be $16.50?
For those of you in the options arena, you might want to listen to the whispers. On April 24, the May 8, 2020, $16.50 call option had some of the highest implied volatility of all equity options that day.
1. A massive total addressable market
Pinterest is in the advertising business. Its app is free to use. The company encourages folks to join the site, visit frequently, and spend plenty of time on each visit. Those actions allow Pinterest to show users advertisements -- and there's plenty of room to expand that greatly.
2. Its users have shopping in mind
Pinterest is a unique social media site in that folks come to it with commercial intent. People are not there to communicate with friends, post pictures, or catch up on the latest news. Instead, the occasions that cause people to visit Pinterest are related to doing something.
3. Pinterest's stock is inexpensive
Pinterest's stock is a lot less expensive than it used to be -- down 30% so far in 2022 and more than 70% from its 52-week high. Such a steep sell-off could be an opportunity for long-term investors.
A reason to pause before buying the stock
Still, there may be reason to pause before buying Pinterest's stock. The company has shed monthly active users (MAUs) for three consecutive quarters, falling from 478 million MAUs to 431 million as of Dec. 31, 2021.
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