This summary was created by AI, based on 2 opinions in the last 12 months.
Pinterest (PINS-Q) is demonstrating strong growth, with a revenue increase of 15% year over year, largely attributed to new management changes made in mid-2022. This leadership has implemented strategies to improve the top line and enhance content relevancy through AI technologies. Consequently, there has been an uptick in user engagement and more relevant advertising, which is projected to drive higher revenue. Analysts are optimistic, suggesting a buy rating with 33 endorsements, and have set an average price target of $46.59, reflecting confidence in the stock's future potential. Overall, the sentiment around Pinterest is positive, particularly considering its potential to garner advertising revenue in a competitive market.
Pinterest is a OTC stock, trading under the symbol PINS-Q on the (). It is usually referred to as or PINS-Q
In the last year, 1 stock analyst published opinions about PINS-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pinterest.
Pinterest was recommended as a Top Pick by on . Read the latest stock experts ratings for Pinterest.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Pinterest In the last year. It is a trending stock that is worth watching.
On , Pinterest (PINS-Q) stock closed at a price of $.
It is growing revenue at 15% year over year amd trading at 18X this year's expected earnings. The catalyst has been new management in mid 2022 making good improvements to the top line and using AI to increase the relevancy of its content. Increased usage and increased advertising which is more relevant to its users means higher revenue. Buy 33 Hold 8 Sell 0
(Analysts’ price target is $46.59)