Pinterest shares tumble on weak guidance
Pinterest reported second-quarter earnings on Tuesday, and the social media company beat on both the top and bottom. The company's third-quarter sales total is projected to range from $885 million to $900 million, which equates to about 16-18% year-over-year growth.
Pinterest forecasts downbeat revenue as competition grows; shares slump
Pinterest forecast current-quarter revenue below Wall Street expectations on Tuesday, hurt by tough competition from larger social media platforms in a stabilizing digital advertising market.
Pinterest Reportedly Turning to News Outlets to Sell Ads
Pinterest is reportedly seeking help from news outlets and other publishers in selling ads. The social media platform is testing a new program to sell ads on Pinterest pages using an ad auction system, according to a report Monday (July 29) by Seeking Alpha, which itself cited a paywalled story by The Information.
Pinterest Q2 meet or beat expected with outlook ‘biggest risk'
Pinterest Inc (NYSE:PINS) is expected to meet or beat Wall Street's estimates for the second quarter with its revenue outlook for the current quarter seen as the “biggest risk” to the stock, Bank of America analysts believe. The social media platform will report its Q2 earnings on Tuesday, July 30 after the stock market closes.
Pinterest's Monetization Strategy Gains Traction: Analyst Predicts Solid Growth and Improved Ad Relevance
RBC analyst Brad Erickson maintained an Outperform rating on Pinterest, Inc. PINS with a price target of $52.
Pinterest Stock Is Up Over 100% Since an Activist Firm Took a Large Stake. That Same Activist Reportedly Now Has a Large Stake in Starbucks.
Activist investing firm Elliott Investment Management recently bought a stake in Starbucks. Pinterest had just gone through a leadership transition two years ago when the activist firm got involved.
Pinterest (PINS) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Pinterest (PINS) closed at $37.55, marking a -0.87% move from the previous day.
Should You Bet on Pinterest (PINS) Ahead of Q2 Earnings Release?
Pinterest (PINS) appears to be treading in the middle of the road, and new investors could be better off if they trade with caution.
Pinterest: A GARP Story Worth Buying
Pinterest's unique platform and intent to buy users is a big competitive advantage. Its flywheel of targeted ads helps users with designs and ideas and consequently drives more value for advertisers with more conversions. Pinterest is reasonably priced at 7x sales or 0.4x sales growth, in line with its competitors.
Ahead of Pinterest (PINS) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Pinterest (PINS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Is Trending Stock Pinterest, Inc. (PINS) a Buy Now?
Recently, Zacks.com users have been paying close attention to Pinterest (PINS). This makes it worthwhile to examine what the stock has in store.
Pinterest (PINS) Falls More Steeply Than Broader Market: What Investors Need to Know
In the most recent trading session, Pinterest (PINS) closed at $40.82, indicating a -0.68% shift from the previous trading day.
