Pinterest: The Medium-Term Growth Driver Is The Acceleration Of The International Segment
Portfolio Pulse from
Pinterest's medium-term growth is driven by the acceleration of its international segment. While US and Canada ARPU is growing due to increased engagement and partnerships, international ARPU lags due to user growth in developing countries. Forecasts for 2024 and 2025 show mixed outlooks, with lower 2024 revenue but higher 2025 revenue and adjusted EBITDA. The target price is set to $42 with a BUY rating.
December 16, 2024 | 9:00 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pinterest's international segment is a key growth driver. Despite lower 2024 revenue forecasts, 2025 is expected to see higher revenue and adjusted EBITDA due to user growth and improved monetization. The target price is set at $42 with a BUY rating.
The article highlights Pinterest's international segment as a key growth driver, with mixed revenue forecasts for 2024 and 2025. The positive outlook for 2025, along with a set target price of $42 and a BUY rating, suggests a likely positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100