FridayFeb 07, 2025 12:55 pm

QualityStocksNewsBreaks – Pinterest Inc. (NYSE: PINS) Surges After Record-Breaking Quarter

Pinterest (NYSE:PINS) reported its first-ever billion-dollar revenue quarter, achieving $1.15 billion in Q4 2024, an 18% increase year-over-year. The platform's global monthly active users grew by 11% to reach 553 million. CEO Bill Ready highlighted the platform's increasing engagement and effectiveness for both users and advertisers. As of Feb. 7, 2025, Pinterest's stock is trading at $39.51, up 17.6% from the previous close, with an intraday high of $41.24. To view the full article, visit https://ibn.fm/w7pyn About Pinterest Pinterest is a visual discovery engine that enables users to find inspiration for various aspects of their lives, including recipes, home decor,…

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WednesdayNov 13, 2024 11:30 am

QualityStocksNewsBreaks – Pinterest Inc. (NYSE: PINS) Upgraded by Wedbush

Pinterest (NYSE: PINS) is a social media platform that allows users to discover and save ideas through images and videos. It competes with other social media giants like Facebook and Instagram. Recently, Wedbush upgraded Pinterest to an “outperform” rating, setting a 12-month share price target of $38. This upgrade reflects confidence in Pinterest’s strategies to boost user engagement and monetization. Pinterest’s partnerships with Amazon and Google have been crucial in expanding third-party demand. These collaborations have helped Pinterest introduce new ad surfaces and formats, enhancing conversion rates and providing advertisers with better visibility. Despite lowered expectations after the third-quarter results,…

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MondayOct 28, 2024 11:20 am

QualityStocksNewsBreaks – Pinterest Inc. (NYSE: PINS) Faces GDPR Complaint in the EU

Pinterest (NYSE: PINS) is a social media platform that allows users to discover and save ideas through images and videos. It competes with other social media giants like Facebook and Instagram. Currently, Pinterest is facing a significant privacy complaint in the European Union. The complaint, filed by the non-profit organization noyb, accuses Pinterest of violating the General Data Protection Regulation (“GDPR”) by not obtaining user consent for tracking and profiling for advertising purposes. The GDPR is a strict privacy law in the EU that can impose penalties of up to 4% of a company’s global annual turnover for confirmed breaches.…

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WednesdayJul 10, 2024 10:30 am

Pinterest Inc. (NYSE: PINS) Analyst Insights and Market Performance

Bank of America highlights Pinterest for significant revenue growth in 2024, driven by strategic partnerships and AI integration Wedbush maintains a “Neutral” rating on Pinterest but raises the price target to $46, indicating a potential upside of 5.73% Pinterest’s stock shows a stable trading pattern with a year’s high of $45.185 and a low of $23.59, reflecting growth potential amidst market volatility Bank of America has recently highlighted Pinterest (NYSE: PINS) as a key stock to watch in the latter half of 2024, emphasizing its potential for significant revenue growth. This interest in Pinterest is part of a larger analysis focusing on over 100 market catalysts,…

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