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In a break to the Midtown leasing lull since early spring, Pinterest is taking 83,000 square feet on the entire 13th floor at SL Green's 11 Madison Ave.
PINS surges on global user growth and AI-driven ad tools, strengthening its edge in digital discovery and commerce.
Zacks.com users have recently been watching Pinterest (PINS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Question: Why would anyone pay 17 times earnings for Johnson & Johnson stock when Pinterest stock is available at a more attractive valuation of 11 times earnings? Most wouldn't—especially when considering three key points:
Pinterest stock price has remained in a tight range in the past few days as investors assess its growth trajectory. PINS ended the week at $34.22, a few points below this month's high of $35.4 It is about 45% above its lowest level in April this year.
The company may be small, but recent changes to its platform should help boost shares.
PINS and SNAP battle for social ecommerce dominance, but one platform's AI edge and user growth may tip the scales.
Pinterest ads will become directly shoppable via Instacart under a new retail media collaboration between the two companies. [contact-form-7] This collaboration will enable Pinterest users to complete a purchase in a few clicks and have the items delivered in as little as 30 minutes, the companies said in a Monday (June 16) press release.
OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Cosmetics, a brand from e.l.f. Beauty (NYSE:ELF), introduces “color e.l.f.nalysis”—a global, immersive digital experience for personalized beauty. With this tool, users can discover makeup shades that harmonize with their unique features and get matched with a curated Pinterest board featuring shoppable e.l.f. products tailored to their individual color story. This innovative and free experience delivers color-season analysis at your fingertips—no gateke.
Pinterest stands out with renewed U.S. user growth, international monetization progress, and differentiated, interest-driven content versus social media peers. Q1 results showed accelerating revenue and user growth, especially internationally, with strong ARPU gains and expanding adjusted EBITDA margins. Pinterest trades at attractive valuation multiples versus peers, with a solid balance sheet and ongoing margin expansion, supporting my reiterated buy rating.