Pinterest stock was crashing by 11% after earnings due to modest user growth guidance. Some kind of slowdown in user growth is natural and to be expected, but the business fundamentals remain as strong as ever. Revenue growth remains spectacularly strong.
Why did Pinterest stock take a hit Wednesday?
Jan 07, 2022 · What happened. Shares of Pinterest ( PINS 0.27%) have already fallen 10.1% in 2022, as of the market's close on Thursday. This comes after the stock fell 45% in 2021. Shareholders undoubtedly were ...
Should you buy Pinterest stock near value prices?
Mar 03, 2021 · What happened. Shares of tech stock Pinterest ( PINS 0.27%) plunged as much as 10% on Wednesday as growth stocks fell almost across the board. Shares closed the …
Can Pinterest's stock rebound after analyst downgrades?
Aug 18, 2021 · Now what. Pinterest's stock has been pretty volatile in 2021 and is down more than 16% year to date. It's likely that the company's share price could experience more instability in …
What to expect from Pinterest stock after it reports Q4 earnings?
Jan 25, 2022 · Pinterest ( PINS -2.10%) got hit with some analyst downgrades today that weighed on the stock. A UBS analyst lowered the stock's near-term price target to $32 from $42, while maintaining a neutral ...
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May 03, 2021 · Pinterest ( PINS -3.16% ) stock fell 10.4% in April, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 5.3% last month. Despite April's pullback, shares of ...
Why is Pinterest doing so poorly?
What is wrong with Pinterest stock?
Why is PINS dropping?
Will Pinterest stock recover?
Its adjusted earnings are forecast to expand from $1.13 in 2021 to $1.4 in 2023. We can see that PINS stock is trading at a forward price to 2022 sales multiple of 5.60x and a price to earnings multiple of 24.4x, which is quite reasonable.Feb 10, 2022
Is Pinterest stock crashing?
Is Pinterest undervalued?
Is PINS a good stock to buy?
What stock sector is Pinterest?
| Label | Value |
|---|---|
| Sector | Consumer Services |
| Industry | Interactive Media |
| 1 Year Target | $31.50 |
| Today's High/Low | $23.33/$21.68 |
Is Pinterest stock any good?
What is the future of PINS?
The 27 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 30.00, with a high estimate of 39.00 and a low estimate of 15.00. The median estimate represents a +32.74% increase from the last price of 22.60.
Will Pinterest be profitable?
The tech stock sell-off hit the company hard today
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
What happened
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%.
So 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.
Now what
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
Pinterest ( NYSE:PINS) stock fell 10.4% in April, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 5.3% last month.
So what
We can attribute Pinterest stock's weak performance last month largely to some investors being disappointed following the company's April 27 release of its first-quarter 2021 report. Shares dropped 14.5% the next day.
Now what
Management guided for Q2 revenue to grow about 105% year over year. That outlook was better than the 94% growth the Street had been expecting.
Is Pinterest allowing weight loss ads?
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."
Who said "winners keep on winning"?
Motley Fool co-founder David Gardner has often said: "Winners keep on winning." In other words, don't be afraid to buy a stock just because its share price has appreciated significantly -- those stocks can still be great places to put your money.
