Pinterest upgraded by Wedbush with a new price target
$PINS
Computer Software: Programming Data Processing
Technology
Wedbush upgraded Pinterest from Neutral to Outperform and set a new price target of $38.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $38.00 | Neutral → Outperform | Wedbush |
| 9/24/2024 | $45.00 | Outperform | Oppenheimer |
| 9/23/2024 | $43.00 | Buy | Deutsche Bank |
| 9/5/2024 | $41.00 | Overweight | Cantor Fitzgerald |
| 7/31/2024 | $38.00 → $36.00 | Equal Weight | Barclays |
| 7/31/2024 | $49.00 → $41.00 | Overweight | Wells Fargo |
| 7/31/2024 | $45.00 → $43.00 | Overweight | KeyBanc Capital Markets |
| 7/31/2024 | $52.00 → $45.00 | Overweight | Piper Sandler |
Ratings for Pinterest (NYSE:PINS) were provided by 18 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 7 6 0 0 Last 30D 0 0 1 0 0 1M Ago 1 1 1 0 0 2M Ago 0 1 0 0 0 3M Ago 4 5 4 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $46.83, a high estimate of $52.00, and a low estimate of $38.00. This current average reflects an increase of 6
Wedbush analyst Scott Devitt reiterates Pinterest (NYSE:PINS) with a Neutral and maintains $46 price target.
4 - PINTEREST, INC. (0001506293) (Issuer)
4 - PINTEREST, INC. (0001506293) (Issuer)
4 - PINTEREST, INC. (0001506293) (Issuer)
Wedbush upgraded Pinterest from Neutral to Outperform and set a new price target of $38.00
Oppenheimer initiated coverage of Pinterest with a rating of Outperform and set a new price target of $45.00
Deutsche Bank initiated coverage of Pinterest with a rating of Buy and set a new price target of $43.00
10-Q - PINTEREST, INC. (0001506293) (Filer)
8-K - PINTEREST, INC. (0001506293) (Filer)
8-K - PINTEREST, INC. (0001506293) (Filer)
MoneyLion ("MoneyLion") (NYSE:ML), a financial technology ecosystem leader empowering everyone to make their best financial decisions, today announced the appointment of Jon Kaplan as the company's first Chief Revenue Officer ("CRO"). Kaplan brings a wealth of experience and a proven track record of driving growth and innovation at iconic technology companies, including Pinterest (NYSE:PINS) and Google (NASDAQ:GOOG). In this role, Kaplan will lead MoneyLion's go-to-market strategy, with a focus on expanding the market share of MoneyLion's leading digital financial ecosystem. He will also leverage MoneyLion's data assets to deliver new revenue opportunities and drive success for MoneyLion'
Pinterest, Inc. (NYSE:PINS) today announced that it has appointed Charles "Chip" Bergh, former Chief Executive Officer of Levi Strauss & Co., to its Board of Directors, effective May 9. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240509458753/en/Pinterest Appoints Chip Bergh to Board of Directors (Photo: Business Wire) "With an illustrious career spanning over four decades, Chip brings a wealth of retail expertise and visionary leadership to our board," said Bill Ready, Chief Executive Officer of Pinterest. "He has transformed some of the generation's most iconic retail and consumer packaged goods brands, and his strategic vi
Pinterest, Inc., (NYSE:PINS) today announced it has appointed Scott Schenkel, former Chief Financial Officer and Interim Chief Executive Officer of eBay, to its Board of Directors. "Scott is recognized as one of the industry's top financial and ecommerce experts," said Bill Ready, Chief Executive Officer of Pinterest. "He's widely respected for the operational discipline, business rigor, and financial acumen he's brought to major global companies, notably at eBay and GE. What's more, while at eBay, Scott oversaw its advertising investment in Pinterest and therefore brings a first-hand customer perspective to the table. Scott is an ideal fit for our Board of Directors and we're thrilled to
Q3 Revenue of $898 million, an increase of 18% Record 537 million global monthly active users, an increase of 11% Pinterest, Inc. (NYSE:PINS) today announced financial results for the quarter ended September 30, 2024. Q3 revenue grew 18% year over year to $898 million. Global Monthly Active Users ("MAUs") increased 11% year over year to 537 million. GAAP net income was $31 million for Q3. Adjusted EBITDA* was $242 million for Q3. Total costs and expenses were $904 million. "We delivered another strong quarter with users reaching another all-time high of 537 million and revenue growth at 18%," said Bill Ready, CEO of Pinterest. "Our AI investments are driving results by powering
Pinterest, Inc. (NYSE:PINS) will release financial results for the third quarter 2024 on Thursday, November 7th, 2024 after market close. The company will host its quarterly conference call to discuss these results at 1:30 p.m. PT (4:30 p.m. ET) on the same day. A live webcast of the conference call and related earnings release materials can be accessed on Pinterest's Investor Relations website at investor.pinterestinc.com. A replay of the webcast will be available through the same link following the conference call. Disclosure Information Pinterest uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying
Pinterest, Inc. (NYSE:PINS) announced today that Bill Ready, CEO, will participate in the Goldman Sachs Communacopia + Technology Conference. The session is scheduled for September 11, 2024 at 8:10 a.m PT / 11:10 a.m. ET. A live webcast and replay of the presentation will be publicly available on Pinterest's Investor Relations website at investor.pinterestinc.com. Disclosure Information Pinterest uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the company's Investor Relations website, in addition to foll
SC 13G/A - PINTEREST, INC. (0001506293) (Subject)
SC 13G/A - PINTEREST, INC. (0001506293) (Subject)
SC 13G/A - PINTEREST, INC. (0001506293) (Subject)
Q3 Revenue of $898 million, an increase of 18% Record 537 million global monthly active users, an increase of 11% Pinterest, Inc. (NYSE:PINS) today announced financial results for the quarter ended September 30, 2024. Q3 revenue grew 18% year over year to $898 million. Global Monthly Active Users ("MAUs") increased 11% year over year to 537 million. GAAP net income was $31 million for Q3. Adjusted EBITDA* was $242 million for Q3. Total costs and expenses were $904 million. "We delivered another strong quarter with users reaching another all-time high of 537 million and revenue growth at 18%," said Bill Ready, CEO of Pinterest. "Our AI investments are driving results by powering
Pinterest, Inc. (NYSE:PINS) will release financial results for the third quarter 2024 on Thursday, November 7th, 2024 after market close. The company will host its quarterly conference call to discuss these results at 1:30 p.m. PT (4:30 p.m. ET) on the same day. A live webcast of the conference call and related earnings release materials can be accessed on Pinterest's Investor Relations website at investor.pinterestinc.com. A replay of the webcast will be available through the same link following the conference call. Disclosure Information Pinterest uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying
Q2 Revenue of $854 million, an increase of 21% Record 522 million global monthly active users, an increase of 12% Pinterest, Inc. (NYSE:PINS) today announced financial results for the quarter ended June 30, 2024. Q2 revenue grew 21% year over year to $854 million. Global Monthly Active Users ("MAUs") increased 12% year over year to 522 million. GAAP net income was $9 million for Q2. Adjusted EBITDA was $180 million for Q2. Total costs and expenses were $875 million. "We had another impressive quarter, reporting a 21% increase in revenue and 12% growth in monthly active users globally," said Bill Ready, CEO of Pinterest. "Our monetization efforts are paying off. Advertiser