Stock Price Forecast
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.
Similarly, 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.
Will PINS bounce back? PINS’ stock price could see a minor rebound as it experiences accelerating revenue growth in 2H 2022, but returning to the $50 level might be very challenging.
Thereof, 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).
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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% |
Is Pinterest a good stock to purchase?
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.
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.
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 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 overvalued?
Pinterest also has a sky-high price-to-earnings ratio of 165.33, which has led some on Wall Street to label the stock as being “overvalued.” By comparison, the average price-to-earnings ratio among companies listed on the tech-heavy Nasdaq stock exchange is 30.
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.
How does Pinterest make money 2021?
Pinterest makes money primarily from advertisements. While it sells advertisements via a cost per click and cost per thousand impressions model, it primarily offers ads based on engagement, meaning that a company only pays when a user engages with a promoted pin.
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.
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.
Why is Pinterest stock crashing?
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.
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.
Will Pinterest stock go up?
Key Points. Pinterest has 447 million monthly active users. Its stock would need to more than double in 2022 to reach triple digits. All paths to a rising stock price will likely need to go through an increasing user base.
What happened Pinterest stock?
Shares of Pinterest ( PINS -4.49% ) 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 hoping that this year would be better than last.
Who is competing with Pinterest?
Pinterest competitors include Salesforce, Google, Meta, Uber and Twitter. Pinterest ranks 2nd in Product Quality Score on Comparably vs its competitors.
Is there an alternative to Pinterest?
Mix. Mix is a great alternative to Pinterest. When you sign up to the site, you’ll choose from several topics you’d like to see in your feed, including fashion, architecture, music, funny posts, nature, and more. When you see a post you like, you can hit the Mix button, which adds it to a collection on your profile.
Does Pinterest compete with Facebook?
Many people view Pinterest as a social media company that competes with Facebook ( FB 0.40% ) or Snap ( SNAP 3.31% ). Indeed, they’re listed as Pinterest’s competitors in its registration statement.
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.
Does Pinterest monetize?
Pinterest will pay you directly if you’re part of the Creator Rewards program and your content meets the goal requirements and eligibility criteria. Pinterest does not facilitate payment for other monetization programs like product tagging, affiliate links or brand partnerships.
What industry does Pinterest fall under?
| show Screenshot | |
|---|---|
| Founder(s) | Ben Silbermann Paul Sciarra Evan Sharp |
| Key people | Ben Silbermann (CEO) Todd Morgenfeld (CFO) |
| Industry | Internet |
| Revenue | US$2.578 Billion (Fiscal Year Ended December 31, 2021) |
Can I make money with Pinterest?
You don’t need a million followers to make money on Pinterest. In fact, anyone who includes affiliate links in their pins or offers products on their own website can make money online using the strategies mentioned earlier. However, how much money you make can be impacted by your followers and engagement.
What is the net worth of Pinterest?
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 14, 2022 is $15.1B.
What is Pinterest good for?
Pinterest is a visual discovery engine for finding ideas like recipes, home and style inspiration, and more. With billions of Pins on Pinterest, you’ll always find ideas to spark inspiration. When you discover Pins you love, save them to boards to keep your ideas organized and easy to find.
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