kycstudio For the most part, the ongoing Q1 earnings season has dealt a lot of disappointments to tech stocks, where investors are seeking reasons to hold onto companies with elevated valuation multiples amid persistently high interest rates. A rare outlier here is Pinterest (NYSE:PINS), the social media company that emphasizes "pinning" topics of interest. A smaller player in the U.S. social media space, Pinterest continues to grow its user base both domestically and abroad, and a strong Q1 earnings print ...

kycstudio It took it a while, but Pinterest (NYSE:PINS) appears to have finally found its groove. The company has figured out how to efficiently monetize its platform through strategic partnerships, while also somehow continuing to grow its user base. After seeing the latest results, I have increased confidence in their ability to hit multi-year financial targets. The company made further progress towards sustainable GAAP profitability, and I continue to expect a profitability inflection over the coming qua ...

Have you been paying attention to shares of Pinterest (PINS) ? Shares have been on the move with the stock up 20.9% over the past month. The stock hit a new 52-week high of $42.09 in the previous session. Pinterest has gained 13.1% since the start of the year compared to the 12.6% move for the Zacks Computer and Technology sector and the 12.2% return for the Zacks Internet - Software industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't ...

Pinterest (PINS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this digital pinboard and shopping tool company have returned +20.9% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Internet - Software industry, to which Pinterest belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be h ...

Key Points Pinterest grew its monthly active users by 12% to 518,000 in Q1 2024. Pinterest drove its platform's highest user and revenue growth since Q1 2021. Adjusted EPS more than doubled in Q1 2024, and adjusted EBITDA margin rose 1,100 bps to 15%. 5 stocks we like better than Pinterest Social commerce platform Pinterest Inc. NYSE: PINS shares are climbing towards 52-week highs on the heels of a spectacular Q1 2024 earnings report. The rebound in the advertising market, coupled with its artificial intell ...

Have you assessed how the international operations of Pinterest (PINS) performed in the quarter ended March 2024? For this digital pinboard and shopping tool company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Inve ...

The niche social media company just silenced the bears. Pinterest's (PINS 0.58%) stock surged 21% on May 1 after the social media company posted its first quarter earnings report. Its revenue rose 23% year over year to $740 million, exceeding analysts' estimates by $40 million, while its adjusted earnings surged 150% to $0.20 per share and cleared the consensus forecast by seven cents. Pinterest's headline numbers were impressive, but does its stock still have room to run after rallying 90% over the past 12 ...

Pinterest (PINS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this digital pinboard and shopping tool company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...

Pinterest ((PINS) became a Zacks #1 Rank in early April as analysts started to raise estimates ahead of their quarterly report this week. Pinterest reported strong first-quarter 2024 results on Tuesday, with the bottom and top lines surpassing their respective Zacks Consensus Estimate. The big story is that lots of architecture solutions for advertising and marketing technology are paying off and providing sustained ROI to sellers, such as bottom-of-funnel direct response ads and supporting ad-tech. You can ...

Pinterest, Inc. (PINS) reported strong first-quarter 2024 results, with the bottom and top line surpassing the respective Zacks Consensus Estimate. The San Francisco-based Internet content provider reported revenue growth year over year, driven by strong user growth across all regions. Its lower funnel solutions suite, including mobile deep linking, API for conversions and clean rooms, and Direct Links, is providing a sustained return on investments to advertisers. Growing investments in AI-integrated tools ...