Analysts Recommend ‘Hold’ on Pinterest, Stock
January 8, 2023
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Pinterest ($NYSE:PINS), Inc. is an American tech company based in San Francisco, California. It is a social media platform and online service that allows users to create and share digital bulletin boards and collections of photos, videos, and other media they like. According to Bloomberg.com, twenty-eight analysts have made recommendations regarding the stock of Pinterest, Inc. The consensus recommendation is to “Hold.” This means that investors should neither buy nor sell shares of the stock for now. This is because the stock is not expected to experience significant price fluctuations in the near future. Analysts have also noted that Pinterest’s stock price has been steadily increasing since its IPO.
They believe that the company’s strong user growth and ad revenues are major factors for its stock performance. Analysts also noted that Pinterest’s user engagement has grown significantly over the past year, indicating that the company has been successful in monetizing its platform. Despite the positive outlook from analysts, some investors remain cautious about investing in Pinterest. They are wary of the volatile nature of tech stocks and believe that the company’s stock may be overvalued. As more information becomes available about Pinterest’s financial performance and growth prospects, investors will be able to make more informed decisions about whether or not to invest in the stock.
Price History
On Tuesday, analysts recommended that investors ‘hold’ on the stock of Pinterest, Inc. The opening price of the stock was $25.2 and it closed at $22.9, down by 5.7% from the previous closing price of $24.3. The reason for the bearish sentiment was attributed to a broader market sell-off, as well as concerns about the company’s slowing user growth. Despite these bearish sentiments, analysts remain positive on the long-term prospects of the company.
They believe that Pinterest’s focus on visual search and e-commerce capabilities make it well-positioned to benefit from the ongoing shift towards online shopping. Overall, analysts recommend that investors ‘hold’ on to the stock of Pinterest, Inc. Despite the current bearish sentiment, they remain optimistic about its long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pinterest. More…
| Total Revenues | Net Income | Net Margin |
| 2.77k | 61.16 | 2.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pinterest. More…
| Operations | Investing | Financing |
| 622.68 | -91.81 | -89.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pinterest. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.69k | 547.67 | 4.68 |
Key Ratios Snapshot
Some of the financial key ratios for Pinterest are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 39.7% | – | 3.1% |
| FCF Margin | ROE | ROA |
| 21.3% | 1.7% | 1.5% |
VI Analysis
Investors looking to evaluate the potential of a company need to look beyond its share price and into its fundamentals. The VI App makes this process simpler by providing comprehensive risk ratings for all publicly traded companies, including Pinterest. According to VI, Pinterest is rated as a medium risk investment in terms of financial and business aspects. This rating takes into account data such as income statements, balance sheets, and cash flow statements. While the company may not be an ideal choice for those seeking low-risk investments, those more willing to take on risk may find the potential rewards to outweigh the risks. However, investors should be aware that the app has detected several risk warnings in Pinterest’s financials. These warnings are related to the company’s income sheet, balance sheet and cash flow statement. This should be taken into account when assessing the company’s overall risk profile. Overall, careful consideration should be taken when investing in a company and the VI App can help make this process easier. By providing detailed information about a company’s financials, the app can help investors identify potential risks and rewards associated with their investments. More…
VI Peers
The social media landscape is constantly changing and evolving, which can make it hard to keep up with the competition. The company has been growing in popularity in recent years, but faces stiff competition from other social media giants such as Meta Platforms Inc, Twitter Inc, and Snap Inc.
– Meta Platforms Inc ($NYSE:TWTR)
Twitter, Inc. is an American microblogging and social networking service on which users post and interact with messages known as “tweets”. Registered users can post, like, and retweet tweets, but unregistered users can only read them. The company was founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams and has more than 24,000 employees.
– Twitter Inc ($NYSE:SNAP)
Snap Inc has a market cap of 15.45B as of 2022. The company has a Return on Equity of -20.9%. Snap Inc is a camera company. The company’s flagship product, Snapchat, is a camera app that allows users to take photos, record videos, add text and drawings, and send them to recipients.
Summary
Investing in Pinterest Inc. stock can be a risky endeavor. Analysts have recently recommended a ‘hold’ rating on the stock, suggesting that investors should not buy or sell at current prices. Despite this, the stock has recently declined, indicating that it may be a volatile investment. Investors should consider researching the company and its financials before investing, as well as watch for any changes in analyst ratings or news related to the company before making a decision.
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