Pinterest (PINS) closed the most recent trading day at $31.83, moving +0.92% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 1.9% over the past month. This has lagged the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47% in ...

When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc’s General Data Protection Regulation (GDPR) by failing to obtain consent from users to being tracked and profiled for advertising.The GDPR allows for penalties of up to 4% of global annual turnover for confirmed breaches so suc ...

In the latest trading session, Pinterest (PINS) closed at $33.18, marking a +0.73% move from the previous day. This change outpaced the S&P 500's 0.4% gain on the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.63%. Shares of the digital pinboard and shopping tool company have appreciated by 7.93% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76%. Investors will be eagerly watching ...

Two high-octane growth stocks have the necessary catalysts to leave Wall Street's artificial intelligence (AI) darling Nvidia in the dust. Last week, Wall Street's bull market celebrated its two-year anniversary. Although a resilient U.S. economy and stock-split euphoria have played important roles in lifting all three major stock indexes to record highs, arguably nothing has been more pivotal to the success of equities than the artificial intelligence (AI) revolution. The ability for AI-driven software and ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Pinterest (PINS) . Pinterest currently has an average brokerage recommenda ...

The most recent trading session ended with Pinterest (PINS) standing at $34.15, reflecting a +1.22% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.61% for the day. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 0.33%. Shares of the digital pinboard and shopping tool company have appreciated by 15.11% over the course of the past month, outperforming the Computer and Technology sector's gain of 8.6% and the S&P 500's gai ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Pinterest NYSE: PINS is a social media platform that is known for its visual inspiration and shopping features. However, Pinterest stock has experienced a lot of turbulence in the past few months. After a significant decline in share price, investors have started to question if the platform has the potential for a rebound. Add to Watchlist Get Pinterest alerts: A Look at Pinterest's Terrain Pinterest Today | --- | --- | --- | |----------------------|-------|-------| | | | | | | | | | | | | | PINS Pinterest ...

Group 1: Company Performance - Pinterest's stock closed at $33.25, reflecting a +1.46% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.9% [1] - Over the past month, Pinterest shares gained 6.36%, surpassing the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% [2] Group 2: Financial Expectations - Upcoming financial results are anticipated to show an EPS of $0.34, a 21.43% increase year-over-year, with projected revenue of $897.07 million, reflecting a 17.54% rise from the same quarter last year [3] - For the entire fiscal year, earnings are expected to be $1.44 per share and revenue at $3.64 billion, indicating increases of +32.11% and +19.17% respectively from the previous year [4] Group 3: Analyst Estimates and Valuation - Recent changes to analyst estimates for Pinterest suggest a positive outlook, with the Zacks Consensus EPS estimate moving 0.15% lower in the past month, resulting in a Zacks Rank of 4 (Sell) [6] - Pinterest's Forward P/E ratio is 22.82, which is lower than the industry average of 30.01, and its PEG ratio stands at 0.69 compared to the industry average of 2.01 [7] Group 4: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 industries [8]

Company Overview - Pinterest (NYSE: PINS) has over 500 million monthly active users, indicating strong user growth and engagement [1] - The company is experiencing rapid growth in e-commerce, driven by partnerships with Amazon and AI-powered innovation [1] Financial Performance - Pinterest faces challenges such as lower ad prices and increased costs, which could impact profitability [1] - Despite these challenges, the company continues to grow, leveraging its large user base and e-commerce momentum [1] Industry Trends - The company is well-positioned to capitalize on trends targeting Gen Z, a key demographic for future growth [1] - AI-powered innovation is a significant driver of Pinterest's strategy, enhancing user experience and ad targeting capabilities [1] Strategic Focus - Pinterest's mission aligns with providing objective and data-driven research, focusing on small- to mid-cap companies while also identifying opportunities in large-cap and mega-cap companies [1]