Is PINS stock a good buy now?

Is PINS stock a good buy now?

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.

Similarly, Does Nasdaq have PINS?

Class A Common Stock (PINS) Stock Price, Quote, News & History | Nasdaq.

Key Data.

Label Value
Previous Close $24.61
52 Week High/Low $88.83/$21.92
Market Cap 16,328,575,019
P/E Ratio 53.93

Is PINS a buy or sell? A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Thereof, Why are 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.

Is PINS a good long term investment?

Pinterest has a massive market opportunity, and is making great strides in profitability and selling at a bargain price. For those reasons, Pinterest is an excellent stock for long-term investors.

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.

Will PINS stock go up?

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.

What is the best stock for 2021?

Top 5 Stocks of 2021

  1. GameStop Corp. (GME) Year-to-Date Return: 815.0% Sector: Consumer Discretionary2. …
  2. Upstart Holdings Inc. (UPST) Year-to-Date Return: 321.1% …
  3. Moderna Inc. (MRNA) Year-to-Date Return: 193.6% …
  4. Devon Energy Corp. (DVN) Year-to-Date Return: 175.3% …
  5. Continental Resources Inc. (CLR) Year-to-Date Return: 167.1%

How does Pinterest make money?

Pinterest makes its money via advertising, specifically, promoted pins. These promoted pins are ads that look similar to user-generated pins (posts). The company has integrated a “buy it” button which permits users to buy pinned products directly from Pinterest, rather than visiting a separate merchant site.

Will Pinterest ever recover?

Pinterest ( PINS 10.44% ) had a rough go of it in 2021. The company, which did exceptionally well at the onset of the pandemic, is experiencing an opposite fate as economies reopen. As a result, its stock is down 44% year to date in 2021. Still, the image-based social media business hopes to do better in the new year.

What’s the future of Pinterest?

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.

What is the target price for PINS stock?

Stock Price Forecast

The 25 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 37.00, with a high estimate of 50.00 and a low estimate of 20.00. The median estimate represents a +57.01% increase from the last price of 23.57.

Is it good to buy Pinterest stock?

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.

Which stocks are growing the fastest?


S.No. Name P/E
1. Sun Pharma.Inds. 34.88
2. Hindustan Zinc 16.07
3. GAIL (India) 6.63
4. Dr Reddy’s Labs 27.07

What is the best stock to buy right now?

Top 10 Stocks To Buy Right Now

  • Palo Alto Networks, Inc. (NASDAQ: PANW)
  • Shopify Inc. (NYSE: SHOP)
  • PayPal Holdings, Inc. (NASDAQ: PYPL)
  • Netflix, Inc. (NASDAQ: NFLX)
  • Upstart Holdings, Inc. (NASDAQ: UPST)
  • CrowdStrike Holdings, Inc. (NASDAQ: CRWD)
  • Airbnb, Inc. (NASDAQ: ABNB)
  • Roku, Inc. (NASDAQ: ROKU)

What stocks have the highest return?

Stocks with the Most Momentum
Price ($) 12-Month Trailing Total Return (%)
Alcoa Corp. (AA) 95.06 231.6
Devon Energy Corp. (DVN) 62.50 194.1
Marathon Oil Corp. (MRO) 26.04 148.2

Who is Pinterest biggest competitor?

Pinterest’s top competitors include Tastemade, Houzz, Google, Amazon, Snap, Twitter, Instagram and Meta. Pinterest is a company that develops a social networking site for saving and discovering creative ideas.

Who is Pinterest owned by?

Ben Silbermann is cofounder and the CEO of the photo bookmarking site Pinterest, which went public in April 2019. Silbermann owns a 38% stake in the company, which had 454 million users worldwide as of June 2021.

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 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.

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.

Who owned Pinterest?

Ben Silbermann is cofounder and the CEO of the photo bookmarking site Pinterest, which went public in April 2019. Silbermann owns a 38% stake in the company, which had 454 million users worldwide as of June 2021.

How much money is Pinterest worth?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Pinterest net worth as of April 06, 2022 is $16.09B .

Compare PINS With Other Stocks.

Stock Name Asana (ASAN)
Country United States
Market Cap $6.885B
PE Ratio 0.00

What is the price target for NIO?

Stock Price Targets

High $552.16
Median $210.08
Low $153.62
Average $245.37
Current Price $19.46

What is the target price for Amazon stock?

Stock Price Target AMZN

High $ 5,000.00
Median $ 4,100.00
Low $ 2,800.00
Average $ 4,107.47
Current Price $ 3,034.13

What is the target price for AMD?

Stock Price Target AMD

High $ 200.00
Median $ 150.00
Low $ 100.00
Average $ 148.19
Current Price $ 93.06

Join community and don’t forget to share this post !

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.