Pins stock5/2/2023 What's my opinion? Is PINS Stock A Buy, Sell, Or Hold?Īt recent prices, the stock more than reflects the new reality that PINS isn't a top tier social networking play. My Seeking Alpha peers are more solidly bullish with an average 4.08 rating out of 5. In spite of the discrepancy between the price target and stock price, Wall Street analysts are only mildly bullish with an average 3.7 rating out of 5. ( Seeking Alpha) Is Pinterest Expected To Rise? Wall Street believes the stock is undervalued, as the average price target of $54 per share represents nearly 50% upside. The stock price prior to the crash was not particularly compelling based on the forward outlook, but the stock has fallen over 50% from highs. Still though, PINS managed to drive solid average revenue per user ('ARPU') growth, as ARPU remains low relative to peers.Ĭompounding the issues, PINS guided for the next quarter to see growth in the high teens percentage range on an year-over-year basis - representing even more sequential deceleration. While it is true that PINS is lapping some tough comparables, social networking peers Facebook ( FB) and Snapchat ( SNAP) did not experience the same sequential declines, indicating that this may be something specific to the company. Monthly active users ('MAUs') grew only 1% year-over-year and declined sequentially. That removed any potential M&A induced price floor, as analysts focused on this concerning metric. First, rumors had surfaced that PayPal ( PYPL) seeked to acquire PINS, but then PYPL backed out. Sure, that 43% mark represented steep sequential deceleration in growth rates, but PINS wasn't trading at obviously egregious valuations prior to the fall. If you were to only look at the 43% revenue growth rate, you might not think that the stock should have dropped so much. While the decline is understandable, the stock now presents a potential buying opportunity. The stock now trades at less than half of all time highs. Like much of tech, PINS closed out 2021 with a return to gravity. I rate the stock a buy with up to 50% upside over the coming 12 months. Wall Street is not giving enough credit to the strong balance sheet and cash flow generation. PINS has underperformed peers in sustaining user growth, but the current stock price has priced this in. All fees imposed during or after shipping are the responsibility of the customer (tariffs, taxes, etc.).Unlike other social networking stocks which have remained hot, Pinterest ( NYSE: PINS) has undergone its own stock price crash as the stock has more than halved in a matter of months. Any shipping insurance claims are the customers responsibility and Pops Knife Supplies will not be responsible for stolen, lost or damaged packages.Ĭustoms, Duties and Taxes Pops Knife Supplies is not responsible for any customs and taxes applied to your order. INTERNATIONAL SHIPPING International orders are sent at the customers risk. Please save all packaging materials and damaged goods before filing a claim. If you received your order damaged, please contact the shipment carrier to file a claim. Lost Packages and Damages Pops Knife Supplies is not liable for any products damaged or lost during shipping. The tracking number will be active within 24 hours. Shipment confirmation & Order tracking You will receive a Shipment Confirmation email once your order has shipped containing your tracking number(s). The website will calculate an estimated shipping amount, here at pops we will actually box and weigh your items and send you a refund for any overcharge on shipping. Facebook Group - I use supplies from Pops
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