Pinterest Inc (PINS) PT Raised to $46 at BMO Capital

Pinterest Inc (PINS) PT Raised to $52 at RBC Capital

May 1, 2024 6:33 AM EDT

RBC Capital analyst Brad Erickson raised the price target on Pinterest Inc (NYSE: PINS) to $52.00 (from $48.00) while maintaining a Outperform rating.

The analyst comments "PINS had a breakout quarter with revenue and EBITDA upside vs. Q1 and the Q2 guide. Consistent with our... More

Pinterest Inc (PINS) PT Raised to $48 at Wells Fargo

May 1, 2024 6:28 AM EDT

Wells Fargo raised its price target on Pinterest Inc (NYSE: PINS) to $48.00 (from $47.00) while maintaining a Overweight rating.... More

Pinterest Inc (PINS) PT Raised to $44 at Baird

May 1, 2024 6:22 AM EDT

(Updated - May 1, 2024 6:51 AM EDT)

Baird analyst Colin Sebastian raised the price target on Pinterest Inc (NYSE: PINS) to $44.00 (from $42.00) while maintaining a Outperform rating.

The analyst commented: " PINS remains one of our top 2024 picks as we believe Q1 marks a pivotal... More

Pinterest Inc (PINS) PT Raised to $51 at Citi

May 1, 2024 4:56 AM EDT

(Updated - May 1, 2024 6:17 AM EDT)

Citi analyst Ronald Josey raised the price target on Pinterest Inc (NYSE: PINS) to $51.00 (from $48.00) while maintaining a Buy rating.

The analyst comments "With newer products improving overall engagement and usage, Pinterests lower... More

Pinterest Inc (PINS) PT Raised to $38 at Barclays

May 1, 2024 3:17 AM EDT

Barclays analyst Ross Sandler raised the price target on Pinterest Inc (NYSE: PINS) to $38.00 (from $36.00) while maintaining a Equalweight rating.... More

After-hours movers: Amazon, AMD, Starbucks, Pinterest and more

April 30, 2024 4:44 PM EDT

After-Hours Stock Movers:

Amazon (NASDAQ: AMZN) gained 2.6% after first quarter EPS and revenue topped analyst expectations. Investors looked past softer-than-expected second quarter sales guidance from the online retail giant.

AMD (NASDAQ: AMD) fell 3% after the... More

Pinterest (PINS) stock surges 17% as earnings, outlook top analyst estimates

April 30, 2024 4:11 PM EDT

(Updated - May 1, 2024 4:54 AM EDT)

Pinterest Inc. (NYSE: PINS) reported a strong performance in the first quarter, surpassing Wall Street expectations with an earnings beat and robust revenue forecast, sending its shares soaring by more than 17% in premarket trading Wednesday.

The social media company reported adjusted earnings per share (EPS) of $0.20, exceeding the analyst consensus of $0.14.

Revenue for the quarter was reported at $740 million, topping the consensus estimate of $700.27 million and marking a significant 23% increase, nearly doubling the growth rate from the previous... More

Pinterest forecasts quarterly revenue above estimates, shares surge

April 30, 2024 4:08 PM EDT

By Jaspreet Singh

(Reuters) -Pinterest forecast second-quarter revenue above Wall Street estimates on Tuesday, expecting a boost from its ad partnerships with Amazon and Google, sending shares up more than 16% in aftermarket trading.

The company has benefited from marketers turning to the platform to reach Gen Z users - more than 40% of its user base - and leverage its new AI-driven ad tools and latest ad formats, which offer better user engagement.

In early February, Pinterest announced a third-party ad deal... More

Pinterest (PINS) Tops Q1 EPS by 6c, Guidance Beats

April 30, 2024 4:08 PM EDT

Pinterest (NYSE: PINS) reported Q1 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $740 million versus the consensus estimate of $700.27 million.

GUIDANCE:

Pinterest sees Q2 2024 revenue of $835-850 million, versus the... More

Pinterest (PINS) May weekly option implied volatility into quarter results

April 30, 2024 10:25 AM EDT

Pinterest (NYSE: PINS) May weekly call option implied volatility is at 177, May is at 102; compared to its 52-week range of 29 to 74 into the expected release of quarter results today after the bell.

... More