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 was PayPal interested in buying Pinterest?
Apr 13, 2022 · PINS stock saw the high of $88 in 2021 when the pandemic was at its peak and the majority of us were locked inside our homes. However, as the impact of the pandemic subsided, PINS stock started to...
Why Pinterest is dropping its like button?
Aug 18, 2021 · 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 …
Why does Pinterest not work?
Apr 16, 2021 · Shares of Pinterest (NYSE: PINS) took a hit on Friday. The visual search and media platform provider's shares fell as much as 10.8%. As of 1:33 p.m. EDT, the stock was down 8.2%. The growth stock ...
Will Pinterest stock rise?
Mar 04, 2021 · Shares of tech stock Pinterest ( PINS -2.57% ) plunged as much as 10% on Wednesday as growth stocks fell almost across the board. Shares closed the day down 8.4%.
Why are Pinterest shares dropping?
Before the report, Pinterest stock had dropped 10% on Thursday, after competitor Meta reported an outlook worse than expectations on Wednesday, and came up short on user numbers, prompting investors to sell off social media stocks.Feb 3, 2022
Is Pinterest stock expected to rise?
This explains why Pinterest is forecasted to generate faster YoY top line expansion of +22.5%, +26.5% and +26.3% for Q3 2022, Q4 2022, and Q1 2023, respectively, according to the sell-side analysts' consensus estimates.Feb 18, 2022
Is Pinterest a good stock to invest in?
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
Why is Pinterest doing so poorly?
The biggest weakness for Pinterest is its international revenue. In the U.S., monthly average users are worth $5.08 each for Pinterest. But outside the U.S., international users are spending just 36 cents each on the site.Jan 31, 2022
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
What is the target price for Pinterest stock?
Pinterest Inc (NYSE:PINS) The 25 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 36.00, with a high estimate of 50.00 and a low estimate of 20.00. The median estimate represents a +52.80% increase from the last price of 23.56.
Is Pinterest stock 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 stock a buy?
PINS stock offers the potential for a moderately high gain. It's already taken its lumps in terms of multiple compression as well. Consider it a buy while it's out of favor.Mar 14, 2022
Is Pinterest a profitable company?
For the full year, Pinterest posted GAAP net income of $316.4 million, compared with a net loss of $128.3 million in 2020. Global monthly active users fell 6% from the year-end 2020 figure, ending 2021 at 431 million.Feb 3, 2022
Will Pinterest stock recover?
Quickfire round: No, Pinterest stock does not pay investors a dividend. Will PINS stock recover? Analysts expect PINS stock to rise by more than 50% in the next 12-months.Feb 10, 2022
Is TikTok on the stock market?
TikTok is a product created by a Chinese company called ByteDance. ByteDance is still privately held, meaning its shares are not available on the stock market yet.Mar 10, 2022
Why is PINS dropping?
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
What happened
Shares of Pinterest ( PINS -3.36% ), the image-sharing social media website, were falling this morning on seemingly no company-specific news.
So what
While there wasn't any company-related news that would cause Pinterest's stock to fall today, some investors may have been following in the footsteps of those who've been selling the company's stock over the past few weeks.
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 the coming months as investors try to figure out where to invest their money as the U.S. economy grows but deals with rising COVID-19 cases simultaneously.
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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.
How much will Pinterest grow in 2021?
The number of users engaging with shopping surfaces on Pinterest grew over 200% in the 12 months ending March 31, 2021. Initial data is indicating that post-COVID shopping engagement could be more resilient than overall engagement.
Where is Shopify on Pinterest?
The Shopify Pinterest channel is now live in Australia, Austria, Brazil, France, Germany, Italy, Spain, Switzerland, and the UK.
Is Pinterest profitable?
Another key area where Pinterest is performing very well is profitability. The company still has a long way to go before reaching its full profitability potential, but expenses are growing at a slower rate than revenue, so profit margins are expanding at a strong rate.
Is Pinterest advertising in Mexico?
Advertising in international markets is also growing very strongly, and it reached 20% of total revenue for the first time ever last quarter. Pinterest has recently launched advertising in its first Latin American country, Brazil, and it has plans to launch ads in Mexico in May.
Is Pinterest slowing down?
Pinterest Is Just Getting Started. User growth is slowing down, even if some of that slowdown is temporary because of the unwinding of the pull-forward created by the pandemic, the slowdown in user growth is for real. It is also widely anticipated by the market, though, especially after the most recent earnings report.
Is Pinterest still growing?
Nevertheless, Pinterest is still producing outstanding revenue growth , and the opportunities for sustained improvements in engagement and monetization are very exciting, both in advertising and in ecommerce.
How much did Pinterest profit in 2020?
It is a company that definitely profited from 2020, with a surge of new users reaching 100 million during the year.
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."
Is Pinterest a growth stock?
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.
Who are the founders of Pinterest?
It’s a long read but Kyla speaks from the heart to the founders of Pinterest Ben Silbermann and Evan Sharpe. Above all it seems that Pinterest is trying to appease its shareholders since it went public on the stock market. There have been so many changes to Pinterest over the years.
Does Pinterest show couches?
For example, when there is a couch on a pin, Pinterest will auto suggest an approved seller who sells couches. Now that pin may have had nothing to do with couches, but the reader will be shown types of couches that they can buy. And will show them a range of sellers who sell couches.
