MARKET

PINS

PINS

Pinterest
NYSE
40.48
+7.03
+21.02%
After Hours: 40.34 -0.14 -0.35% 17:40 05/01 EDT
OPEN
39.44
PREV CLOSE
33.45
HIGH
40.98
LOW
37.91
VOLUME
45.42M
TURNOVER
0
52 WEEK HIGH
41.60
52 WEEK LOW
20.60
MARKET CAP
27.63B
P/E (TTM)
-766.6667
1D
5D
1M
3M
1Y
5Y
Pinterest Q1 Earnings: Multiple Ways To Win
Pinterest reported a 12% year-over-year increase in MAUs to 518 million in Q1'24. The social imaging site is experiencing major user growth. The company is focusing on improving user engagement and monetization through AI-driven content and ad formats. PINS stock has jumped nearly 20% to $40 on the good quarterly report. Pinterest has guided to sustainable high teens growth over the next few years. The stock is reasonably valued at 20x forward EPS targets.
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Technology Sector Update for 05/01/2024: GOOG, SMCI, SWKS, PINS
NASDAQ · 2h ago
PINS, CDLX among major communication services gainers; BREA, BHAT among losers
Seeking Alpha · 3h ago
Pinterest Is Maintained at Buy by Citigroup
Dow Jones · 3h ago
Citigroup Maintains Buy on Pinterest, Raises Price Target to $51
Benzinga · 3h ago
Pinterest Is Maintained at Overweight by Wells Fargo
Dow Jones · 3h ago
More
About PINS
Pinterest, Inc. is a visual search and discovery company. The Company’s primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs.

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