How did Pinterest's revenue beat Wall Street's forecast?
Pinterest, Inc. Analyst Report: Pinterest Inc Pinterest Inc. is a social media platform for visual discovery. Pinterest went public on April 18, 2019 at $19 per share, above the company's ...
Who are the major shareholders of Pinterest?
Apr 14, 2022 · PINS: Get the latest Pinterest stock price and detailed information including PINS news, historical charts and realtime prices. Menu icon A …
Who sold pins stock in the last quarter?
Apr 01, 2022 · Pinterest's stock was trading at $15.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PINS shares have increased by 47.1% and is now trading at $22.72.
Why is Pinterest stock going down?
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.Apr 4, 2022
Why is PINS going down?
Monthly active users on Pinterest (PINS) dropped because engagement waned as Covid-19 restrictions were lifted and consumers ventured outside. Pinterest ended the quarter with 454 million monthly active users, below expectations of 482 million. Pinterest stock plunged 7% in reaction.Oct 18, 2021
Is Pinterest a good buy today?
So, should I buy Pinterest stock? Analysts tracking PINS stock have a 12-month average price target of $41.86, which is 56% higher than its current trading price. Pinterest's attractive valuation and massive upside potential coupled with its increasing ARPU make it a top bet right now.Feb 10, 2022
Will Pinterest stock go up again?
The Wall Street analysts anticipate that PINS' sales growth will continue to slow from +20.0% in Q4 2021 to +18.7% in Q1 2022 and +14.6% in Q2 2022 as per S&P Capital IQ data.Feb 18, 2022
Is Pinterest stock crashing?
Pinterest Stock Price Like much of tech, PINS closed out 2021 with a return to gravity. The stock now trades at less than half of all time highs. While the decline is understandable, the stock now presents a potential buying opportunity.Jan 4, 2022
Is PINS a buy now?
After Its Re-Rating, PINS Stock is a Buy | InvestorPlace. Today at 4 p.m. ET, one of America's top traders reveals his pick for the #1 way to play this volatile market. REGISTER FREE!Mar 13, 2022
What is Pinterest target price?
Pinterest Inc (NYSE:PINS) 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 20.00. The median estimate represents a +74.02% increase from the last price of 20.40.
Is fiverr a good stock?
Freelance platform Fiverr International ( FVRR -8.51% ) was an outstanding stock in 2020, gaining 730%. But that performance didn't continue into 2021, despite healthy growth and huge market opportunities. Fiverr's share price tanked 44% in 2021, and it's already sliding in 2022.Jan 7, 2022
Is Pinterest a good stock to buy 2021?
The bull case for Pinterest is still very strong. It boasts 478 million monthly active users (MAUs) as of March 31 2021, while Q1 revenue and earnings for this year surpassed estimates. Earnings per share for Q1 came in at $0.11 versus $0.07 expected, on revenue of $485 million versus $474 million expected.
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...
Is Pinterest a buy right now?
What stocks does MarketBeat like better than Pinterest?
27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 12 hold ratings and 15 buy ratings for the stock.
Are investors shorting Pinterest?
Wall Street analysts have given Pinterest a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinterest wasn't one of them.
When is Pinterest's next earnings date?
Pinterest saw a drop in short interest in the month of August. As of August 13th, there was short interest totaling 17,180,000 shares, a drop of 14.1% from the July 29th total of 20,010,000 shares. Based on an average trading volume of 10,920,000 shares, the days-to-cover ratio is presently 1.6 days.
How were Pinterest's earnings last quarter?
Pinterest is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.#N#View our earnings forecast for Pinterest.
How has Pinterest's stock been impacted by Coronavirus (COVID-19)?
Pinterest, Inc. (NYSE:PINS) announced its earnings results on Thursday, July, 29th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.11) by $0.36. The business had revenue of $613.21 million for the quarter, compared to analyst estimates of $560.93 million.
What price target have analysts set for PINS?
Pinterest's stock was trading at $15.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PINS shares have increased by 251.1% and is now trading at $54.24.#N#View which stocks have been most impacted by COVID-19.
Slowing user growth spooked investors
27 Wall Street analysts have issued 1-year price objectives for Pinterest's shares. Their forecasts range from $48.00 to $107.50. On average, they expect Pinterest's stock price to reach $78.31 in the next year.
What happened
Joe honed his investing skills as an analyst for Stock Advisor, Supernova, and Fool One. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence.
So what
Shares of Pinterest ( NYSE:PINS) fell 14.5% on Wednesday, following the release of the social media platform's first-quarter results.
Now what
Pinterest's revenue rose 78% year over year to $485 million, besting Wall Street's forecast of $474 million. With people spending more time online during the pandemic, businesses flocked to the image-sharing site to advertise their wares. Pinterest's expansion outside the U.S. also contributed to the gains.
The tech stock sell-off hit the company hard today
Management guided for year-over-year revenue growth of 105% in the second quarter. Yet Silbermann cautioned investors to expect Pinterest's monthly active user base to remain flat in the U.S., as health officials relax coronavirus-related social distancing measures.
What happened
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
So what
Shares of tech stock Pinterest ( NYSE:PINS) plunged as much as 10% on Wednesday as growth stocks fell almost across the board. Shares closed the day down 8.4%.
Now what
There wasn't any significant news out about Pinterest today, but shares of tech stocks were down sharply, and high-growth names seemed to be hit the hardest.
Shares of the social media company slipped on a disappointing first-quarter earnings report
There's no reason to change your investment thesis in a company like Pinterest after today, and it may be a buying opportunity for long-term investors who have been looking for a cheaper share price to get in.
What happened
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
So what
Shares of Pinterest ( NYSE:PINS) were moving lower today after the company posted a wider-than-expected loss in its first-quarter earnings report and warned that revenue had continued to decline in April as advertisers have been impacted by the COVID-19 pandemic. The stock was trading down 12.6% as of 11:32 a.m. EDT.
Now what
Pinterest reported strong user growth in the period as global monthly active users rose 26% to 367 million, with nearly all of the growth coming from international markets. Top-line growth was solid, as well, as revenue increased 35% to $271.9 million, which edged out expectations of $270.1 million.
