Shares of Pinterest have moved 2.7% today, and are now trading at a price of $25.56. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,700,781 compared to the stock's average volume of 12,871,090.
Pinterest, Inc. operates as a visual discovery engine in the United States and internationally. Based in San Francisco, United States the company has 3,975 full time employees and a market cap of $17,335,582,720.
The company is now trading -7.89% away from its average analyst target price of $27.75 per share. The 30 analysts following the stock have set target prices ranging from $18 to $39, and on average give Pinterest a rating of buy.
Over the last year, PINS shares have gone down by -26.8%, which represents a difference of -9.4% when compared to the S&P 500. The stock's 52 week high is $35.04 per share and its 52 week low is $16.14. Based on Pinterest's average gross margin growth of 7.6% over the last four years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Revenue ($ MM) | Cost of Revenue ($ MM) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | 2,578 | 529 | 79.47 | 8.2 |
| 2020-12-31 | 1,693 | 449 | 73.45 | 7.09 |
| 2019-12-31 | 1,143 | 359 | 68.59 | n/a |
