Pinterest Stock Quote: A Long-Term Investment Opportunity or Risk?

Pinterest's stock price has been on a rollercoaster ride since its IPO in 2019, with a high of over $60 per share and a low of under $20.

The company's market capitalization has fluctuated significantly, reaching a peak of over $60 billion and a trough of under $30 billion.

Pinterest's user base has continued to grow, with over 320 million monthly active users as of 2022.

This growth has led to increased revenue for the company, with a 35% year-over-year increase in 2021.

However, Pinterest's profit margins have been relatively thin, averaging around 5% in recent years.

Pinterest's financial performance in 2023 was a significant improvement, with revenue increasing by 9.01% to $3.06 billion.

The company's losses decreased by 62.92% to -$35.61 million, a notable reduction from the previous year.

Pinterest's current share price is $33.48, which is a 13.26% increase from the previous month.

Over the past 52 weeks, the stock price has ranged from $27.00 to $45.19.

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Pinterest's 1-year change is -14.53%, indicating a decline in value over the past year.

The average rating for PINS stock is "Buy" according to 28 analysts, with a 12-month stock price forecast of $40.58, representing a 22.21% increase from the latest price.

Here's a summary of Pinterest's performance compared to the US Interactive Media and Services industry and the US Market over the past year:

Pinterest underperformed both the US Interactive Media and Services industry and the US Market over the past year, with a 1-year return of -14.5%.

In 2023, Pinterest's revenue was a significant $3.06 billion, marking a 9.01% increase from the previous year. This growth is a testament to the company's expanding user base and advertising revenue.

Pinterest's stock performance has been a mixed bag in recent times. The company's shares slid 16% after its third-quarter net income fell short of estimates, a stark contrast to the 11% user growth and 18% revenue growth reported during the same period.

For another approach, see: Secular Growth Stocks

Here's a snapshot of Pinterest's recent stock performance:

Over the past year, Pinterest's stock has seen a decline of 14.53%, a drop that might be concerning for some investors. However, the stock has shown resilience, with a 13.26% increase in the last month alone, indicating a potential buying opportunity.

Pinterest's price history and performance are worth taking a closer look at. The current share price is $33.48, which is significantly lower than its 52-week high of $45.19.

Over the past year, the stock has experienced a decline of 14.53%. However, it's worth noting that the 5-year change is a more positive 49.80%, indicating a long-term growth trend.

Pinterest's beta, which measures its volatility relative to the market, is 1.04. This suggests that the stock is slightly more volatile than the overall market. In fact, the 10% most volatile stocks in the US market have a weekly movement of 19.2%, while Pinterest's average weekly movement is 6.5%.

Recommended read: What Is Market Value in Stocks

Here's a breakdown of Pinterest's price history and performance:

As you can see, Pinterest's price history and performance are influenced by various market and industry factors. While the stock has experienced a decline in the past year, its long-term growth trend is still positive.

In the world of stock performance, having a solid understanding of your competitors is crucial.

The S&P 500 index has been a benchmark for the US stock market, with its constituent companies often being seen as competitors to individual stocks.

Many investors consider the Dow Jones Industrial Average as a competitor to the S&P 500, as it tracks a different set of blue-chip companies.

The tech-heavy NASDAQ composite is often seen as a competitor to the S&P 500 and Dow Jones Industrial Average, as it tracks a broader range of companies.

The Russell 2000 index, which tracks smaller companies, can also be considered a competitor to the larger indexes.