Why was PayPal interested in buying Pinterest?
Apr 08, 2022 · PINS: Get the latest Pinterest stock price and detailed information including PINS news, historical charts and realtime prices. Menu icon A …
Why Pinterest is dropping its like button?
Apr 15, 2022 · Pinterest (NYSE:PINS) Shares Down 6.6% americanbankingnews.com - April 6 at 11:58 AM: Morgan Stanley’s Pinterest Stock Downgrade Seems Unjustified investorplace.com - April 5 at 10:06 AM: Here's Why Facebook, Pinterest And Snap Shares Are Rising Today - Benzinga - Benzinga benzinga.com - April 4 at 6:32 PM
Why does Pinterest not work?
Pinterest (PINS) Stock Moves -0.08%: What You Should Know In the latest trading session, Pinterest (PINS) closed at $23.55, marking a -0.08% move from the previous day. Motley Fool
Will Pinterest stock rise?
Apr 14, 2022 · Pinterest's stock was trading at $15.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PINS stock has increased by 43.4% and is now trading at $22.16.
Why is Pinterest stock dropping today?
Pinterest 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.Jan 4, 2022
What's wrong with Pinterest stock?
Pinterest stock has fallen more than 50% over the past 6 months. The company has underperformed peers as it has struggled to sustain user growth rates. Pinterest has cash equivalent to nearly 10% of the market cap, and the company is generating ample free cash flow.Jan 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
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 undervalued?
Is Pinterest Stock undervalued? Depends on your opinion of Pinterest. Some investors believe it is overvalued due to the niche market and reliance on ad revenue, others believe that it is undervalued as the figures show great potential for 2021 and onward, despite COVID-19.
Is PINS a buy now?
After Its Re-Rating, PINS Stock is a Buy | InvestorPlace.Mar 13, 2022
Is Pinterest a buy right now?
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
Does Pinterest have a future?
Statista Research estimates Pinterest's MAUs in the U.S. will steadily climb from 91 million in the second quarter of 2021 to nearly 109 million by 2025. eMarketer expects 18.5% of Pinterest's MAUs to buy products from its shoppable pins by 2025, up from 16.2% in 2021.Oct 31, 2021
Is Pinterest a good stock to buy 2022?
Throughout 2022, Pinterest might be rumored to be an acquisition target and continue to see some stock price volatility as a result. However, if Pinterest continuously turns them down, investors should be encouraged, as it means management believes future growth far outweighs the purchase price offered at the present.Feb 13, 2022
Is Pinterest a good long-term investment?
With its stock hovering near a 52-week low, now is a good time to consider an investment in Pinterest and holding for the long-term.Jan 27, 2022
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...
How much did Pinterest profit in 2020?
Is Pinterest allowing weight loss ads?
It is a company that definitely profited from 2020, with a surge of new users reaching 100 million during the year.
Is Pinterest a growth stock?
Pinterest Inc 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."
About Pinterest
If growth stocks are what tickle your fancy, social media platform Pinterest (NYSE: PINS) is your ticket to doubling your initial investment. Pinterest's platform, which allows users to share what things, services, and places interest them, was one of these key beneficiaries. The company's monthly active user count grew by 37% in 2020, which was up from an annual average of 30% in the three years leading up to the pandemic.
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.
A surprise decline in U.S. active users sent investors heading for the exits
Can Pinterest Stock Rebound To $50 Levels? Consider Financial Outlook And Valuations - Seeking Alpha
What happened
Joe honed his investing skills as an analyst for Stock Advisor. 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.
So what
Shares of Pinterest ( NYSE:PINS) plunged 18% on Friday after the social media platform reported disappointing second-quarter results.
Now what
Pinterest's revenue soared 125% year over year to $613.2 million. Its net income, meanwhile, improved to $69.4 million from a loss of $100.7 million in the year-ago period. The gains were fueled by strong increases in average revenue per user (ARPU), as advertisers ramped up their spending on Pinterest's platform during the pandemic.
