The Nasdaq may be at a record high, but some tech stocks still have room to grow. The tech bear market of 2022 may be a distant memory now as the Nasdaq Composite has been setting new records for months. However, some tech stocks are still trailing behind the indexes, down substantially from their pandemic-era peaks. Now that the economy is starting to normalize, these laggards could have significant upside potential. Keep reading to see two stocks that could be prime-time buys right now. Roblox stock looks ...

A month has gone by since the last earnings report for Pinterest (PINS) . Shares have added about 4.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Pinterest due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Pinterest Q1 Earnings Beat Estimates, Revenues Surge ...

Pinterest announced today that it is evolving its Creator Inclusion Fund. Pinterest teamed up with Shopify’s Build Black & Narrative program to allow small business owners from or who serve underrepresented backgrounds to now apply for the Creator Inclusion Fund. Previously, only traditional content creators applied. This is a new iteration of the fund, which sees Pinterest slowly moving away from traditional creators and focusing more on creative entrepreneurs.  The fund is essentially a six-week accelera ...

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Social media company Pinterest reported excellent first-quarter results, and the stock is now at a 52-week high.My stock portfolio isn't terribly concentrated, and the "largest" stock investment in it has changed a few times over the past couple of years thanks to price movements. Upon logging into my brokerage account about a week ago, I found that it has changed again: Social media company Pinterest (PINS -0.19%) is now the largest stock investment in my portfolio.To be sure, I didn't necessarily plan on ...

ChayantornInvestment Thesis Pinterest (NYSE:PINS)beat earnings estimates by 42.86% for the last quarter, reporting $0.20 Normalized EPS vs $0.14 expected. In fact, revenue has been increasing at a faster rate than the industry over the last 5 years on a YoY basis. Next quarterly earnings are expected Aug 6 with a projected EPS of $0.28 which is an increase of 33.33% YoY. SeekingAlpha In my view, Pinterest is experiencing growth, reaching record high in both users which increased 12% YoY and revenue whi ...

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 pr ...

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 ...

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 mi ...

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 he ...