PinterestPINS
About: Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations. Founded in 2010, the platform consists of a largely female audience, which accounts for roughly two thirds of its nearly 500 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features. About 20% of users reside in the US and Canada, but the region accounted for about 80% of revenue in 2023.
Employees: 4,249
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more call options, than puts
Call options by funds: $825M | Put options by funds: $661M
4% more repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 260
10% less funds holding
Funds holding: 784 [Q2] → 707 (-77) [Q3]
10.75% less ownership
Funds ownership: 93.6% [Q2] → 82.85% (-10.75%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 15 [Q2] → 13 (-2) [Q3]
34% less capital invested
Capital invested by funds: $24.7B [Q2] → $16.2B (-$8.52B) [Q3]
48% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 159
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Wedbush Scott Devitt 92% 1-year accuracy 49 / 53 met price target | 35%upside $38 | Outperform Upgraded | 11 Nov 2024 |
Keybanc Justin Patterson 58% 1-year accuracy 40 / 69 met price target | 38%upside $39 | Overweight Maintained | 11 Nov 2024 |
Rosenblatt Barton Crockett 71% 1-year accuracy 39 / 55 met price target | 63%upside $46 | Buy Maintained | 8 Nov 2024 |
Raymond James Aaron Kessler 71% 1-year accuracy 5 / 7 met price target | 20%upside $34 | Outperform Maintained | 8 Nov 2024 |
UBS Lloyd Walmsley 76% 1-year accuracy 13 / 17 met price target | 63%upside $46 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 51 articles about PINS published over the past 30 days
