Pinterest Stock News

Pinterest's Q4 2024 earnings report showed 11% user growth and 18% revenue growth, further de-risking valuation compared to its $35/share price one year ago. Bill Ready's AI-focused strategy has driven significant user and revenue growth, with 553 million monthly active users and strong international revenue expansion. Pinterest's Owner's Yield is an impressive 10.5%, making it one of the most ...

With the broader market pulling back in recent weeks, it has created some better entry points for investors interested in owning some of the top technology stocks out there.

If the market recovery continues, internet stocks like Meta Platforms will likely lead the way higher.

To start 2025, I placed Pinterest (PINS -3.75%) on my list of top stocks to buy.

Pinterest Inc (NYSE:PINS) stock is 4.3% higher in premarket trading, after Guggenheim raised its rating from "neutral" to "buy" and increased the price target from $39 to $40.

While the stock market volatility over the past month hasn't been all that great for many investors' portfolios, it has helped in one regard. This recent sell-off has pushed the stock prices of several quality technology companies into bargain territory.

Pinterest's stock has tumbled 20% due to fears of a recession, but our model shows a potential 70% upside, making it a more lucrative buy than Google's Alphabet. CEO Bill Ready's optimistic guidance for FY25 includes margin expansion and new features like Performance+ to enhance ad efficiency and drive growth, which will boost EPS growth. Despite recession fears, Pinterest's robust fundamentals...

The S&P 500 recently dipped into correction territory, falling more than 10% from its recent high, and the tech-heavy Nasdaq-100 index has performed even worse. While it's never fun to watch the value of your stock portfolio go down, it's important to take a step back.