Pinterest (PINS) Tops Q4 EPS by 2c, Revenue Misses, Offers Guidance

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Go back to Pinterest (PINS) Tops Q4 EPS by 2c, Revenue Misses, Offers Guidance

Pinterest Inc (PINS) PT Raised to $45 at CFRA

February 9, 2024 12:25 PM EST

CFRA analyst Angelo Zino raised the price target on Pinterest Inc (NYSE: PINS) to $45.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target price to $45 from $34, based on a P/E multiple of 27.3x our 2025 EPS... More

Pinterest stock slips premarket on Q4 revenue miss and soft guidance

February 8, 2024 4:21 PM EST

(Updated - February 9, 2024 6:48 AM EST)

Investing.com -- Shares in Pinterest (NYSE: PINS) tumbled in premarket U.S. trading on Friday after the social media company missed fourth-quarter revenue expectations and issued soft guidance for the March quarter.

For the fourth-quarter, the company posted earnings per share of $0.53, beating the consensus estimate of $0.51. However, its revenue of... More