Pinterest PINS
Re: Pinterest PINS
Een mooie remonte de laatste 5 dagen: 16,30 % maar nog steeds -17,53 % op een maand en -49,31 % op zes maanden.
Still a long way to go.
Still a long way to go.
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
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Re: Pinterest PINS
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Where will Pinterest stock be in 5 years
Summary
PINS is expecting slower YoY revenue expansion and a QoQ increase in costs for the second quarter of 2022.
Pinterest's mid-term growth is reliant on the success of its product innovation and international market expansion efforts, while search algorithm changes and competition are expected to be the key headwinds.
I retain my Hold rating for Pinterest, after I have considered both the company's five-year growth prospects and Q2 2022 outlook.
Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »
5./15 WEST/iStock Unreleased via Getty Images
Elevator Pitch
My rating for Pinterest, Inc. (NYSE:PINS) is a Hold. I previously wrote about PINS in an article published on February 18, 2022. In that article, I mentioned that Pinterest's shares "returning to the $50 level might be very challenging", as "PINS' valuations have de-rated because of slower revenue growth expectations." Since then, Pinterest's stock price has pulled back from $24.72 (price at time of publication of my earlier update) to $21.49 as of May 16. For this article, I review PINS' recent quarterly results, its near-term outlook, catalysts, and long-term growth prospects.
In five years' time, Pinterest should be a company with a greater percentage of revenue derived from international markets and one boasting substantial growth in user-generated content boosted by new products such as Idea Pins. On the other hand, PINS' future growth prospects over the next couple of years could be adversely impacted by further search algorithm changes and stiffer competition posed by competitors with deeper pockets. The mixed 5-year outlook for the company supports my Neutral view and Hold rating assigned to PINS.
PINS Stock Key Metrics
PINS's shares were down -6.4% in the past month, which was relatively better than the -9.8% drop for the S&P 500 during the same period. As per the chart presented below, Pinterest's outperformance relative to the broader market came in late-April and early-May, which coincided with the time that PINS reported its Q1 2022 earnings.
Pinterest's share price did well as compared to the S&P 500 in the recent month, because certain of PINS' key headline financial metrics for the first quarter of 2022 exceeded investors' expectations.
PINS issued the company's Q1 2022 earnings press release on April 27, 2022 after trading hours, and it achieved both top line and bottom line beats for the recent quarter.
Pinterest's revenue increased by +18% YoY from $485 million in Q1 2021 to $575 million in Q1 2022, and this was marginally higher (+0.4%) than Wall Street's consensus sales forecast of $573 million. The company explained at its Q1 2022 earnings briefing that "strength from retail advertisers, our international business and our managed SMB advertisers" drove its top line expansion for the recent quarter.
More significantly, PINS' first quarter non-GAAP adjusted earnings per share of $0.10 was substantially superior as compared to the market consensus EPS projection of $0.04. But Pinterest's Q1 2022 earnings beat was not as good what it appears to be on paper, and this affects my assessment of PINS' near-term outlook which I elaborate on in greater detail in the subsequent section.
What Is The Short-Term Future Of Pinterest Stock?
I don't have a positive view of Pinterest's short-term future, despite the fact that some of PINS' Q1 2022 metrics like revenue and earnings were above market expectations. There are three key reasons for my dim view of PINS' near-term prospects.
Firstly, Pinterest's bottom line beat was largely driven by a timing factor, rather than improved profitability or much better-than-expected revenue growth (only a marginal beat).
PINS acknowledged at its Q1 2022 results call that there was "some creator marketing spend that we pushed out from the beginning of the year to the back half of the year." The company also cited "slower than desired growth in hiring" as another factor that led to lower-than-expected costs for the first quarter of this year at its most recent quarterly investor briefing. This suggests that Q1 2022 is not a good indicator of Pinterest's profitability for the subsequent quarters of this year, as some of the company's budgeted spending and investments have been simply deferred.
Secondly, PINS didn't perform well on a key operating metric, Global Monthly Active Users or MAUs. Pinterest's MAUs contracted by -9% YoY from 478 million in Q1 2021 to 433 million in Q1 2022 as per its first quarter results media release. Based on S&P Capital IQ data, PINS' first quarter MAUs were approximately -1% below the sell-side's consensus MAUs projection of around 438 million.
Pinterest's MAUs for Q1 2022 also fell short of the company's earlier disclosed 2022 year-to-date (up to February 1, 2022) MAUs of 436.8 million. PINS noted at the company's recent quarterly earnings call that the difference between February year-to-date and actual first quarter MAU data was attributable to "lower traffic from search" which was in turn caused by "the search algo change from Q4 (2021)."
Notably, I also cited PINS' FY 2021 results briefing management comments "the search algorithm changes from Google (GOOG) (GOOGL)" are "more persistent than we've seen historically" in my prior February article. Pinterest's below-expectations first quarter MAUs imply that future changes to the Google algorithm might also be a drag on the company's financial and operating performance going forward.
My negative expectations of Pinterest's short-term future are validated by PINS' management guidance. As indicated in its Q1 2022 earnings press release, Pinterest has guided for a moderation in its top line expansion from +18% in Q1 2022 to +11% in the second quarter of 2022, while expecting a +10% QoQ growth in the company's operating costs in Q2 2022.
What Pinterest Catalysts Are Coming?
The key catalysts for Pinterest that are expected to be coming ahead should be realized in the medium-to-long term, rather than the short-term.
One key catalyst is having a more diversified geographic mix.
As per its earnings media release, the US and Canada geographic region contributed 22% of Pinterest's MAUs for the first quarter of 2022, but accounted for the vast majority or 82% of PINS' top line in the most recent quarter. The mismatch between MAUs and revenue contribution clearly suggests that there are opportunities for Pinterest to earn a larger proportion of sales from markets outside North America in the future.
Q1 2022 also marked a significant change for Pinterest in terms of financial reporting. This was the first quarter for which PINS disclosed revenue and MAUs for the European region separately. In the past, Pinterest only provided data for the US and non-US markets. More importantly, PINS also committed to offering information on "additional detail in those regions" when "our international operations become a more meaningful part of our business" at its Q1 2022 investor call.
All of the above imply that Pinterest is very serious about the company's foreign market growth ambitions.
The other key catalyst is new product innovation.
One of the major factors that resulted in the YoY decrease in MAUs for Pinterest in Q1 2022 was that Work-From-Home tailwinds are no longer the driving force for PINS with the reopening of economies. This makes it even more pertinent for PINS to invest in new products to drive the company's future growth organically without relying too much on favorable external events.
A new product feature which has gained traction is Idea Pins. According to the company's website, Idea Pins are defined as "our multi-page video format" which enable its users to "engage with video and explore content directly on Pinterest."
Idea Pins have been very successful since their product launch in the middle of last year. PINS revealed at the company's Q1 2022 results call that "The number of video idea Pinners is up 15x year-over-year." Pinterest also referred to the spending on Idea Pins as part of investments related to "bringing on more native content on to Pinterest."
The future success of new products launched such as Idea Pins should be one of the critical catalysts for Pinterest.
Where Will Pinterest Stock Be In 5 Years?
I have a mixed view of Pinterest's growth prospects for the intermediate to long term.
The key growth drivers for Pinterest in the next five years are foreign market expansion and new product innovation as discussed in the preceding section. On the other hand, the major downside risks for PINS are search algorithm changes which translated into lower traffic for Pinterest, and intense competition. In my previous mid-February article for PINS, I noted that Pinterest has to fend off competitive threats from bigger rivals which include TikTok and Meta Platforms (FB) among others.
S&P Capital IQ financial data points to Pinterest generating a FY 2022-2026 revenue CAGR of +14.8%, and improving its EBIT margin from 9.2% in fiscal 2022 to 15.8% in fiscal 2026. Over the next five years, Pinterest's top line will still be expanding by a decent mid-teens revenue, but PINS won't be able to achieve the average +50% sales growth rate it achieved during the pandemic. As highlighted above, there are both positive (e.g. international expansion) and negative factors (e.g. less traffic derived from search) that will have a impact on Pinterest's future top line.
With respect to profitability, an improvement in profit margins over time for PINS is to be expected considering economies of scale. But the actual degree of margin expansion will also be dependent on the level of future investments required for PINS to remain competitive.
Is PINS Stock A Buy, Sell, Or Hold?
PINS stock is a Hold. Pinterest's current consensus forward next twelve months' Enterprise Value-to-Revenue multiple of 3.7 times as per S&P Capital IQ is not expensive for the stock to be rated as a Sell. But PINS' expected mid-teens percentage top line CAGR is fair and it isn't sufficiently high for the stock to be called a Buy as a super-growth name (at least +20% in my opinion). As such, a Hold rating for Pinterest appears to be the most appropriate.
Phil liked last! Summary
PINS is expecting slower YoY revenue expansion and a QoQ increase in costs for the second quarter of 2022.
Pinterest's mid-term growth is reliant on the success of its product innovation and international market expansion efforts, while search algorithm changes and competition are expected to be the key headwinds.
I retain my Hold rating for Pinterest, after I have considered both the company's five-year growth prospects and Q2 2022 outlook.
Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »
5./15 WEST/iStock Unreleased via Getty Images
Elevator Pitch
My rating for Pinterest, Inc. (NYSE:PINS) is a Hold. I previously wrote about PINS in an article published on February 18, 2022. In that article, I mentioned that Pinterest's shares "returning to the $50 level might be very challenging", as "PINS' valuations have de-rated because of slower revenue growth expectations." Since then, Pinterest's stock price has pulled back from $24.72 (price at time of publication of my earlier update) to $21.49 as of May 16. For this article, I review PINS' recent quarterly results, its near-term outlook, catalysts, and long-term growth prospects.
In five years' time, Pinterest should be a company with a greater percentage of revenue derived from international markets and one boasting substantial growth in user-generated content boosted by new products such as Idea Pins. On the other hand, PINS' future growth prospects over the next couple of years could be adversely impacted by further search algorithm changes and stiffer competition posed by competitors with deeper pockets. The mixed 5-year outlook for the company supports my Neutral view and Hold rating assigned to PINS.
PINS Stock Key Metrics
PINS's shares were down -6.4% in the past month, which was relatively better than the -9.8% drop for the S&P 500 during the same period. As per the chart presented below, Pinterest's outperformance relative to the broader market came in late-April and early-May, which coincided with the time that PINS reported its Q1 2022 earnings.
Pinterest's share price did well as compared to the S&P 500 in the recent month, because certain of PINS' key headline financial metrics for the first quarter of 2022 exceeded investors' expectations.
PINS issued the company's Q1 2022 earnings press release on April 27, 2022 after trading hours, and it achieved both top line and bottom line beats for the recent quarter.
Pinterest's revenue increased by +18% YoY from $485 million in Q1 2021 to $575 million in Q1 2022, and this was marginally higher (+0.4%) than Wall Street's consensus sales forecast of $573 million. The company explained at its Q1 2022 earnings briefing that "strength from retail advertisers, our international business and our managed SMB advertisers" drove its top line expansion for the recent quarter.
More significantly, PINS' first quarter non-GAAP adjusted earnings per share of $0.10 was substantially superior as compared to the market consensus EPS projection of $0.04. But Pinterest's Q1 2022 earnings beat was not as good what it appears to be on paper, and this affects my assessment of PINS' near-term outlook which I elaborate on in greater detail in the subsequent section.
What Is The Short-Term Future Of Pinterest Stock?
I don't have a positive view of Pinterest's short-term future, despite the fact that some of PINS' Q1 2022 metrics like revenue and earnings were above market expectations. There are three key reasons for my dim view of PINS' near-term prospects.
Firstly, Pinterest's bottom line beat was largely driven by a timing factor, rather than improved profitability or much better-than-expected revenue growth (only a marginal beat).
PINS acknowledged at its Q1 2022 results call that there was "some creator marketing spend that we pushed out from the beginning of the year to the back half of the year." The company also cited "slower than desired growth in hiring" as another factor that led to lower-than-expected costs for the first quarter of this year at its most recent quarterly investor briefing. This suggests that Q1 2022 is not a good indicator of Pinterest's profitability for the subsequent quarters of this year, as some of the company's budgeted spending and investments have been simply deferred.
Secondly, PINS didn't perform well on a key operating metric, Global Monthly Active Users or MAUs. Pinterest's MAUs contracted by -9% YoY from 478 million in Q1 2021 to 433 million in Q1 2022 as per its first quarter results media release. Based on S&P Capital IQ data, PINS' first quarter MAUs were approximately -1% below the sell-side's consensus MAUs projection of around 438 million.
Pinterest's MAUs for Q1 2022 also fell short of the company's earlier disclosed 2022 year-to-date (up to February 1, 2022) MAUs of 436.8 million. PINS noted at the company's recent quarterly earnings call that the difference between February year-to-date and actual first quarter MAU data was attributable to "lower traffic from search" which was in turn caused by "the search algo change from Q4 (2021)."
Notably, I also cited PINS' FY 2021 results briefing management comments "the search algorithm changes from Google (GOOG) (GOOGL)" are "more persistent than we've seen historically" in my prior February article. Pinterest's below-expectations first quarter MAUs imply that future changes to the Google algorithm might also be a drag on the company's financial and operating performance going forward.
My negative expectations of Pinterest's short-term future are validated by PINS' management guidance. As indicated in its Q1 2022 earnings press release, Pinterest has guided for a moderation in its top line expansion from +18% in Q1 2022 to +11% in the second quarter of 2022, while expecting a +10% QoQ growth in the company's operating costs in Q2 2022.
What Pinterest Catalysts Are Coming?
The key catalysts for Pinterest that are expected to be coming ahead should be realized in the medium-to-long term, rather than the short-term.
One key catalyst is having a more diversified geographic mix.
As per its earnings media release, the US and Canada geographic region contributed 22% of Pinterest's MAUs for the first quarter of 2022, but accounted for the vast majority or 82% of PINS' top line in the most recent quarter. The mismatch between MAUs and revenue contribution clearly suggests that there are opportunities for Pinterest to earn a larger proportion of sales from markets outside North America in the future.
Q1 2022 also marked a significant change for Pinterest in terms of financial reporting. This was the first quarter for which PINS disclosed revenue and MAUs for the European region separately. In the past, Pinterest only provided data for the US and non-US markets. More importantly, PINS also committed to offering information on "additional detail in those regions" when "our international operations become a more meaningful part of our business" at its Q1 2022 investor call.
All of the above imply that Pinterest is very serious about the company's foreign market growth ambitions.
The other key catalyst is new product innovation.
One of the major factors that resulted in the YoY decrease in MAUs for Pinterest in Q1 2022 was that Work-From-Home tailwinds are no longer the driving force for PINS with the reopening of economies. This makes it even more pertinent for PINS to invest in new products to drive the company's future growth organically without relying too much on favorable external events.
A new product feature which has gained traction is Idea Pins. According to the company's website, Idea Pins are defined as "our multi-page video format" which enable its users to "engage with video and explore content directly on Pinterest."
Idea Pins have been very successful since their product launch in the middle of last year. PINS revealed at the company's Q1 2022 results call that "The number of video idea Pinners is up 15x year-over-year." Pinterest also referred to the spending on Idea Pins as part of investments related to "bringing on more native content on to Pinterest."
The future success of new products launched such as Idea Pins should be one of the critical catalysts for Pinterest.
Where Will Pinterest Stock Be In 5 Years?
I have a mixed view of Pinterest's growth prospects for the intermediate to long term.
The key growth drivers for Pinterest in the next five years are foreign market expansion and new product innovation as discussed in the preceding section. On the other hand, the major downside risks for PINS are search algorithm changes which translated into lower traffic for Pinterest, and intense competition. In my previous mid-February article for PINS, I noted that Pinterest has to fend off competitive threats from bigger rivals which include TikTok and Meta Platforms (FB) among others.
S&P Capital IQ financial data points to Pinterest generating a FY 2022-2026 revenue CAGR of +14.8%, and improving its EBIT margin from 9.2% in fiscal 2022 to 15.8% in fiscal 2026. Over the next five years, Pinterest's top line will still be expanding by a decent mid-teens revenue, but PINS won't be able to achieve the average +50% sales growth rate it achieved during the pandemic. As highlighted above, there are both positive (e.g. international expansion) and negative factors (e.g. less traffic derived from search) that will have a impact on Pinterest's future top line.
With respect to profitability, an improvement in profit margins over time for PINS is to be expected considering economies of scale. But the actual degree of margin expansion will also be dependent on the level of future investments required for PINS to remain competitive.
Is PINS Stock A Buy, Sell, Or Hold?
PINS stock is a Hold. Pinterest's current consensus forward next twelve months' Enterprise Value-to-Revenue multiple of 3.7 times as per S&P Capital IQ is not expensive for the stock to be rated as a Sell. But PINS' expected mid-teens percentage top line CAGR is fair and it isn't sufficiently high for the stock to be called a Buy as a super-growth name (at least +20% in my opinion). As such, a Hold rating for Pinterest appears to be the most appropriate.
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
PINS
21.47
7.89%
Year's Communications losers lead week's rebound: Roblox, Twilio, Roku gain
Jun. 25, 2022 1:16 PM ETRoblox Corporation (RBLX), TWLO, NTES, VIVXLC, ROKU, PINS, SNAP, STGW, CANG, MYPS, WWE, GTN, BATRA, VOD, TLKBy: Jason Aycock,
Communications stocks this week pulled a turnaround from a couple of weeks in the doldrums - and after last week, when only a few large-cap stocks in the sector even managed a gain for the week, the situation is now reversed.
Only one big-name Communications stock declined for the past week, with dozens of names rebounding in some broad relief buying.
The Communication Services Select Sector SPDR Fund (XLC) rose 7.3% over the past five sessions, and Communications stocks on the whole rose 7%, among the best-performing sectors on the week. S&P 500 stocks rose 6.6% over the same period.
And the gainers were sharp, and filled with beaten-down names that have suffered mightily this year. Roblox (NYSE:RBLX) rose 47.5% over the past five sessions; year-to-date it's fallen 63.1%. Twilio pulled off the second-best gain over that period among large-caps, up 25.9%; it's down 62.2% YTD.
Long-suffering long investors will recognize the other top names on the week's gainers chart: Roku (ROKU), up 25.7% over five sessions but down 57.6% in 2022; Pinterest (PINS), up 23% over the week's span but down 41% YTD; and recently suffering Snap (SNAP), +20.3% for five sessions but having slid 68.5% in 2022.
As for decliners, only one large-cap name fell over that span, and it was NetEase (NASDAQ:NTES), down just 1.2%, while all other big-company stocks rose in the same span. To even find as many as five decliners, you'd need to plumb mid-caps and small-caps, where Stagwell (STGW) fell 12.7% over five sessions; Cango (CANG) dipped 11.8%; Playstudios (MYPS) slipped 9.2%; World Wrestling Entertainment (WWE) fell 6.6%; and Gray Television (GTN) declined 5.6%.
The top five gainers over the past five sessions among large-cap Communications Services stocks and larger ($10B market cap or more):
Roblox (RBLX), +47.5%;
Twilio (NYSE:TWLO), +25.9%;
Roku (ROKU), +25.7%;
Pinterest (PINS), +23%;
Snap (SNAP), +20.3%.
The five worst performers over the past five sessions among large-cap Communications Services stocks and larger ($10B market cap or more):
NetEase (NTES), -1.2%;
TelefĂ´nica Brasil (NYSE:VIV), +0.1%;
Liberty Braves Group Series A (BATRA), +0.6%;
Vodafone (VOD), +0.9%;
PT Telekomunikasi Indonesia (TLK), +1.4%.
bron: https://seekingalpha.com/news/3851855-y ... -roku-gain
21.47
7.89%
Year's Communications losers lead week's rebound: Roblox, Twilio, Roku gain
Jun. 25, 2022 1:16 PM ETRoblox Corporation (RBLX), TWLO, NTES, VIVXLC, ROKU, PINS, SNAP, STGW, CANG, MYPS, WWE, GTN, BATRA, VOD, TLKBy: Jason Aycock,
Communications stocks this week pulled a turnaround from a couple of weeks in the doldrums - and after last week, when only a few large-cap stocks in the sector even managed a gain for the week, the situation is now reversed.
Only one big-name Communications stock declined for the past week, with dozens of names rebounding in some broad relief buying.
The Communication Services Select Sector SPDR Fund (XLC) rose 7.3% over the past five sessions, and Communications stocks on the whole rose 7%, among the best-performing sectors on the week. S&P 500 stocks rose 6.6% over the same period.
And the gainers were sharp, and filled with beaten-down names that have suffered mightily this year. Roblox (NYSE:RBLX) rose 47.5% over the past five sessions; year-to-date it's fallen 63.1%. Twilio pulled off the second-best gain over that period among large-caps, up 25.9%; it's down 62.2% YTD.
Long-suffering long investors will recognize the other top names on the week's gainers chart: Roku (ROKU), up 25.7% over five sessions but down 57.6% in 2022; Pinterest (PINS), up 23% over the week's span but down 41% YTD; and recently suffering Snap (SNAP), +20.3% for five sessions but having slid 68.5% in 2022.
As for decliners, only one large-cap name fell over that span, and it was NetEase (NASDAQ:NTES), down just 1.2%, while all other big-company stocks rose in the same span. To even find as many as five decliners, you'd need to plumb mid-caps and small-caps, where Stagwell (STGW) fell 12.7% over five sessions; Cango (CANG) dipped 11.8%; Playstudios (MYPS) slipped 9.2%; World Wrestling Entertainment (WWE) fell 6.6%; and Gray Television (GTN) declined 5.6%.
The top five gainers over the past five sessions among large-cap Communications Services stocks and larger ($10B market cap or more):
Roblox (RBLX), +47.5%;
Twilio (NYSE:TWLO), +25.9%;
Roku (ROKU), +25.7%;
Pinterest (PINS), +23%;
Snap (SNAP), +20.3%.
The five worst performers over the past five sessions among large-cap Communications Services stocks and larger ($10B market cap or more):
NetEase (NTES), -1.2%;
TelefĂ´nica Brasil (NYSE:VIV), +0.1%;
Liberty Braves Group Series A (BATRA), +0.6%;
Vodafone (VOD), +0.9%;
PT Telekomunikasi Indonesia (TLK), +1.4%.
bron: https://seekingalpha.com/news/3851855-y ... -roku-gain
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Pinterest: Too Many Reasons To Keep Buying
Aug. 01, 2022 10:26 PM ETPinterest, Inc. (PINS)
Summary
Pinterest soared after releasing second-quarter earnings.
The rally is not over - the stock is trading too cheaply in spite of slowing growth.
The company has 20% of its market cap represented by net cash and is generating robust cash flows.
With the stock trading at 4.5x sales, the stock is primed for great upside.
Pinterest (NYSE:PINS) soared after reporting earnings that quelled the concerns of Wall Street. While the social media company continues to struggle keeping users gained during the pandemic, the results were “good enough” and showed that the app retains relevance even as users spend more time away from their mobile devices. The stock has gotten so cheap that it trades lower than pre-pandemic levels even though the company retains a cash-rich balance sheet and continues to generate positive cash flows. While growth is likely to remain muted in the near term due to tough comps and a difficult online advertising market, the stock is too cheap here. What’s more, the presence of activist investor Elliott Management may cause the stock to outperform in the near term in hopes of a potential takeout.
PINS Stock Price
PINS peaked just above $89 per share in early 2021 but has given up all those gains and more. The stock traded below $20 per share heading into the earnings report...
... Famed activist investor Elliott Management has taken a position in the company and voiced support for the new CEO Bill Ready. With the stock trading so cheaply, it would make sense to seek a sale of the company. There is also the potential for a private equity takeover as I suspect that the company could theoretically pull back on growth investments to show outsized net margins. These possibilities may help the stock outperform tech peers in the near term due to the potential for catalysts. The biggest risk here is that of losing relevance. If it turns out that Pinterest was just a fad and the company is unable to stop the bleeding in MAUs, then I am doubtful that growing ARPU would be enough to sustain the growth trajectory - growing ARPU would also become increasingly more difficult from a lower user base. ..
bron: https://seekingalpha.com/article/452840 ... eep-buying?
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Pinterest rises even as company is under civil rights investigation in California: report
Aug. 24, 2022 4:10 PM (PINS)By: Chris Ciaccia, SA News Editor
Pinterest (NYSE:PINS) shares rose more than 2% on Thursday even as the company confirmed it is under investigation by California's Civil Rights Department.
It is unclear why Pinterest is being investigated at this point, with the news being first reported by Protocol.
The news outlet added that former Pinterest (PINS) employee Ifeoma Ozoma is among those who have been contacted to potentially testify and act as a witness.
Two years ago, Ozoma and another former Pinterest colleague, Aerica Shimizu Banks, alleged they faced discrimination at the company.
Pinterest (PINS) confirmed the investigation to Protocol, telling the news outlet it is one of "a number of companies" the California Civil Rights Department, or CCRD, is looking into.
The tech company added that its discussions with the CCRD are "ongoing."
Earlier this month, hedge fund Coatue Management disclosed that it had increased its position in Pinterest (PINS) in the second-quarter, while making several other changes to its portfolio.
bron: https://seekingalpha.com/news/3876349-p ... nia-report
PINS 21.04 2.28%
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
$25.55 1.55 +6.46%
4:00 PM 09/09/22 NYSE
Wolfe Research upgrades Pinterest, citing 'significant runway' for user growth, revenue
Sep. 07, 2022
Pinterest (NYSE:PINS) shares rose on Wednesday as investment firm Wolfe Research upgraded the social network, noting it has a "significant runway" for both user growth and revenue over the long term.
Analyst Deepak Mathivanan raised the firm's rating on Pinterest (PINS) to outperform from peer perform and put a $28 price target on it, noting that in addition to the long-term potential for user growth and monetization, the company's new CEO, Bill Ready, should help "the company's pace of execution and progress on [long-term] initiatives."
In addition, Mathivanan noted there are "several positive catalysts" for the stock ahead, including monthly active user growth, margin expansion, product launches and the potential for strategic acquisition, given the presence of activist hedge fund Elliott Management.
"Overall, we think risk/reward skews positively at current levels," Mathivanan wrote in a note to clients.
Pinterest (PINS) shares gained more than 4% to $23.01 in premarket trading.
Last month, Pinterest's (PINS) new college app, Shuffles, exploded in popularity, topping more than 300,000 downloads in the short time it's been live.
Analysts are largely cautious of Pinterest (PINS). It had an average rating of BUY from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PINS a HOLD.
bron: https://seekingalpha.com/news/3880775-w ... th-revenue
NewB76 liked last! 4:00 PM 09/09/22 NYSE
Wolfe Research upgrades Pinterest, citing 'significant runway' for user growth, revenue
Sep. 07, 2022
Pinterest (NYSE:PINS) shares rose on Wednesday as investment firm Wolfe Research upgraded the social network, noting it has a "significant runway" for both user growth and revenue over the long term.
Analyst Deepak Mathivanan raised the firm's rating on Pinterest (PINS) to outperform from peer perform and put a $28 price target on it, noting that in addition to the long-term potential for user growth and monetization, the company's new CEO, Bill Ready, should help "the company's pace of execution and progress on [long-term] initiatives."
In addition, Mathivanan noted there are "several positive catalysts" for the stock ahead, including monthly active user growth, margin expansion, product launches and the potential for strategic acquisition, given the presence of activist hedge fund Elliott Management.
"Overall, we think risk/reward skews positively at current levels," Mathivanan wrote in a note to clients.
Pinterest (PINS) shares gained more than 4% to $23.01 in premarket trading.
Last month, Pinterest's (PINS) new college app, Shuffles, exploded in popularity, topping more than 300,000 downloads in the short time it's been live.
Analysts are largely cautious of Pinterest (PINS). It had an average rating of BUY from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates PINS a HOLD.
bron: https://seekingalpha.com/news/3880775-w ... th-revenue
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Pinterest: Can The CEO Get Them Over The Hump?
Oct. 01, 2022
Pinterest has a new CEO in Bill Ready who has over 14 years of experience in the commerce and fintech market.
After only three months in the role, he appears to have a clear vision and focus on how the company must operate moving forward.
Pinterest currently faces several short headwinds like many growth stocks and e-commerce companies but also has some definite long-term tailwinds to ride too.
Anyone who listened to Pinterest leadership speaks at the Goldman Sachs Communacopia + Technology Conference got to learn Bill Ready's management style and business model goals for Pinterest.
The Goal of This Article:
I believe Pinterest (NYSE:PINS) may have found the right leader who has the exact experience and mindset to get Pinterest "over the hump". What do I mean by "over the hump"? The company has been very volatile regarding its profitability, monetization of its user base, and share price. For some time now the question in the market has been is Pinterest a social media company, an advertising company, or e-commerce company? How will the company capture future growth and profits? What investors do know is that Pinterest has a massive active monthly user base at 433 million, which if capitalized on correctly could yield large returns for all. So, does Bill Ready have the vision and plan to accomplish this? Let's find out.
Where Has Pinterest Been? And Why a New CEO?
Currently Pinterest is over 54% from its share price just a year ago and 73% off its all-time highs reached in early 2021. Now you may be saying what growth stock isn't over 50% from its all-time highs, and well you would be right. The company is relatively new to the public markets as it went IPO in April of 2019. Pinterest is trading today at -6% to its IPO price and is nearly 60% cheaper from its IPO price to sales ratio. So, as you can see the stock has been all over the place in just a short three years...
What Will We Know by June 2023? And am I Buying?
Pinterest is experiencing decelerating revenues and margins overall this year due to the challenges of macroeconomics and inflation. The company's margins are also depressed due to choosing to make 2022 their year of investing in growth. The (Forward) Price to Sales Ratio still has Pinterest more expensive than commerce competitors like Etsy (ETSY), Amazon (AMZN), Google, and others. So these are some of the risks investors have to ask themselves, do they believe CEO Bill Ready and team can make up ground in the back half of 2022? which is the busiest time for e-commerce. And can Pinterest unlock the potential monetary synergies their unique platform offers where customer inspiration and intent meet at the same place?
There is a lot of upside and growth opportunities in the TAM of the other countries Pinterest services besides the U.S., Canada, and the U.K. There also is still this lack of male adoption for the platform with only 15% of its user base being male. So there is massive upside to uncover if they could drive this number higher. This is a challenge the company has dealt with for some time so I would not make this your number one catalyst for reasons to invest...
bron en comments op: https://seekingalpha.com/article/454418 ... -over-hump?
Oct. 01, 2022
Pinterest has a new CEO in Bill Ready who has over 14 years of experience in the commerce and fintech market.
After only three months in the role, he appears to have a clear vision and focus on how the company must operate moving forward.
Pinterest currently faces several short headwinds like many growth stocks and e-commerce companies but also has some definite long-term tailwinds to ride too.
Anyone who listened to Pinterest leadership speaks at the Goldman Sachs Communacopia + Technology Conference got to learn Bill Ready's management style and business model goals for Pinterest.
The Goal of This Article:
I believe Pinterest (NYSE:PINS) may have found the right leader who has the exact experience and mindset to get Pinterest "over the hump". What do I mean by "over the hump"? The company has been very volatile regarding its profitability, monetization of its user base, and share price. For some time now the question in the market has been is Pinterest a social media company, an advertising company, or e-commerce company? How will the company capture future growth and profits? What investors do know is that Pinterest has a massive active monthly user base at 433 million, which if capitalized on correctly could yield large returns for all. So, does Bill Ready have the vision and plan to accomplish this? Let's find out.
Where Has Pinterest Been? And Why a New CEO?
Currently Pinterest is over 54% from its share price just a year ago and 73% off its all-time highs reached in early 2021. Now you may be saying what growth stock isn't over 50% from its all-time highs, and well you would be right. The company is relatively new to the public markets as it went IPO in April of 2019. Pinterest is trading today at -6% to its IPO price and is nearly 60% cheaper from its IPO price to sales ratio. So, as you can see the stock has been all over the place in just a short three years...
What Will We Know by June 2023? And am I Buying?
Pinterest is experiencing decelerating revenues and margins overall this year due to the challenges of macroeconomics and inflation. The company's margins are also depressed due to choosing to make 2022 their year of investing in growth. The (Forward) Price to Sales Ratio still has Pinterest more expensive than commerce competitors like Etsy (ETSY), Amazon (AMZN), Google, and others. So these are some of the risks investors have to ask themselves, do they believe CEO Bill Ready and team can make up ground in the back half of 2022? which is the busiest time for e-commerce. And can Pinterest unlock the potential monetary synergies their unique platform offers where customer inspiration and intent meet at the same place?
There is a lot of upside and growth opportunities in the TAM of the other countries Pinterest services besides the U.S., Canada, and the U.K. There also is still this lack of male adoption for the platform with only 15% of its user base being male. So there is massive upside to uncover if they could drive this number higher. This is a challenge the company has dealt with for some time so I would not make this your number one catalyst for reasons to invest...
bron en comments op: https://seekingalpha.com/article/454418 ... -over-hump?
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
Re: Pinterest PINS
Pinterest shares climb 6% as stock rallies ahead of earnings report
Oct. 17, 2022
Pinterest (NYSE:PINS) rose Monday, climbing 5.5% as the social information and sharing site continued to rally ahead of its upcoming third-quarter results.
Since falling to a two-year low of $16.14 a share in May, Pinterest (PINS) has risen 40%, and the company's shares advanced in a broad market rally. Among other social and Internet companies, Facebook parent Meta Platforms (META) rose 6%, Snap (SNAP) climbed nearly 8% and Google parent Alphabet (GOOG) was up by 4.5%.
Pinterest (PINS) is scheduled to report its third-quarter results on Oct. 27.
Earlier this month, Goldman Sachs analyst Eric Sheridan raised his rating on Pinterest's (PINS) stock to buy from neutral, and lifted his price target to $31 a share from $24. Sheridan said Pinterest's (PINS) outlook has become more positive as recent moves suggest it is in a better position to attract a bigger share of the market for online ad budgets.
bron: https://seekingalpha.com/news/3891937-p ... ngs-report
Oct. 17, 2022
Pinterest (NYSE:PINS) rose Monday, climbing 5.5% as the social information and sharing site continued to rally ahead of its upcoming third-quarter results.
Since falling to a two-year low of $16.14 a share in May, Pinterest (PINS) has risen 40%, and the company's shares advanced in a broad market rally. Among other social and Internet companies, Facebook parent Meta Platforms (META) rose 6%, Snap (SNAP) climbed nearly 8% and Google parent Alphabet (GOOG) was up by 4.5%.
Pinterest (PINS) is scheduled to report its third-quarter results on Oct. 27.
Earlier this month, Goldman Sachs analyst Eric Sheridan raised his rating on Pinterest's (PINS) stock to buy from neutral, and lifted his price target to $31 a share from $24. Sheridan said Pinterest's (PINS) outlook has become more positive as recent moves suggest it is in a better position to attract a bigger share of the market for online ad budgets.
bron: https://seekingalpha.com/news/3891937-p ... ngs-report
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.
