PinterestPINS
About: Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform's user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.
Employees: 4,249
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
23% more call options, than puts
Call options by funds: $826M | Put options by funds: $674M
2% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 267
8% less funds holding
Funds holding: 785 [Q2] → 722 (-63) [Q3]
10.87% less ownership
Funds ownership: 94.52% [Q2] → 83.65% (-10.87%) [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: $25B [Q2] → $16.4B (-$8.61B) [Q3]
38% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 136
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Morgan Stanley Brian Nowak 84% 1-year accuracy 27 / 32 met price target | 18%upside $36 | Equal-Weight Maintained | 13 Jan 2025 |
Wells Fargo Ken Gawrelski 64% 1-year accuracy 32 / 50 met price target | 28%upside $39 | Overweight Maintained | 13 Jan 2025 |
Jefferies James Heaney 80% 1-year accuracy 8 / 10 met price target | 5%upside $32 | Hold Downgraded | 13 Jan 2025 |
Keybanc Aleksey Yefremov 37% 1-year accuracy 41 / 111 met price target | 21%upside $37 | Overweight Maintained | 10 Jan 2025 |
RBC Capital Brad Erickson 70% 1-year accuracy 45 / 64 met price target | 57%upside $48 | Outperform Reiterated | 10 Dec 2024 |
Financial journalist opinion
Based on 23 articles about PINS published over the past 30 days
