Beyond The Numbers: 19 Analysts Discuss Pinterest Stock
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Pinterest (NYSE:PINS), with recent ratings ranging from bullish to bearish. The average 12-month price target is $37.21, up from $31.36, with a high estimate of $48.00 and a low of $25.00. Several analysts have raised their price targets, reflecting a positive outlook on the company's performance. Pinterest's financials show an 11.49% revenue growth rate but below-average net margin and ROE. The company's market cap is below industry average, and it has a low debt-to-equity ratio.
January 18, 2024 | 1:00 pm
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POSITIVE IMPACT
Analysts have mixed opinions on Pinterest, but the average 12-month price target has increased, indicating a positive sentiment. The company's strong revenue growth is a positive sign, but profitability concerns persist.
The increase in the average price target for Pinterest reflects a positive sentiment among analysts, which could lead to a short-term positive impact on the stock price. The strong revenue growth rate is a positive indicator for the company's performance, although concerns about net margin and ROE may temper investor enthusiasm. The mixed opinions suggest some uncertainty, but the overall trend in analyst sentiment appears to be positive.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100