Contrary to what the stock's trajectory would have investors believe, Pinterest's third-quarter earnings results were strong. Its revenue grew 43% over last year to $633 million and even generated a $94 million profit. To them, Pinterest must be growing its user count to be considered a good investment.
Will Pinterest stock ever recover?
Although it is unknown when the stock will start to recover, the current stock price provides a high likelihood for long-term outperformance since Pinterest remains in the early innings of its platform monetization.
Is Pinterest undervalued?
Is Pinterest Undervalued? The stock price prior to the crash was not particularly compelling based on the forward outlook, but the stock has fallen over 50% from highs. Wall Street believes the stock is undervalued, as the average price target of $54 per share represents nearly 50% upside.Jan 4, 2022
Is Pinterest profitable 2020?
Global MAUs totaled 447 million. Those numbers are down 9% and 2.6%, respectively, from the fourth quarter 2020. Revenue climbed nearly 43% from a year earlier. Pinterest also posted a net income of $94 million, even with its profit from a year ago.Nov 4, 2021
How much will Pinterest stock be worth?
Pinterest Inc - Class A quote is equal to 26.840 USD at 2022-01-31. Based on our forecasts, a long-term increase is expected, the "PINS" stock price prognosis for 2027-01-22 is 70.332 USD.
How much will Pinterest be worth in 5 years?
Pinterest Inc - Class A quote is equal to 26.840 USD at 2022-01-31. Based on our forecasts, a long-term increase is expected, the "PINS" stock price prognosis for 2027-01-22 is 70.332 USD. With a 5-year investment, the revenue is expected to be around +162.04%. Your current $100 investment may be up to $262.04 in 2027.
Should I invest in Pinterest now?
Pinterest has been increasing earnings per share (EPS) rapidly -- up 159% and 189% year over year in the latest two quarters. In all, the company has achieved six straight quarters of year-over-year EPS increases. So despite the headwinds caused by the economic reopening, Pinterest looks like a buy right now.Dec 4, 2021
What will PINS be worth in 5 years?
Based on our forecasts, a long-term increase is expected, the "PINS" stock price prognosis for 2027-01-22 is 70.332 USD. With a 5-year investment, the revenue is expected to be around +162.04%. Your current $100 investment may be up to $262.04 in 2027.
Is PINS a good buy?
Currently, consensus estimates call for 51.1% revenue growth this year and 26.8% growth next year. At just 7.5 times 2022 revenue estimates, I actually find PINS stock fairly attractive here. That's despite its user growth issues and the poor sentiment surrounding the stock price.Dec 2, 2021
What is the forecast for PINS stock?
Stock Price Forecast The 28 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 50.00, with a high estimate of 65.00 and a low estimate of 22.00. The median estimate represents a +69.15% increase from the last price of 29.56.
Does Pinterest stock grow?
In summary, the biggest near-term risk might be Pinterest guiding 2022 revenue below estimates. Analysts currently expect Pinterest to grow by over 25% in 2022 (Source: Seeking Alpha).