Latest news with #PINS
Yahoo
3 days ago
- Business
- Yahoo
Pinterest Stock Gains on JPMorgan Rating Upgrade, Price Target Raise
Pinterest shares rose in premarket trading Tuesday after JPMorgan analysts upgraded their rating and lifted their price target on the social media stock. The analysts lifted the stock to "overweight" from "neutral," and bumped their price target to $40 from $35. The analysts said Pinterest is improving its user numbers and ad technology, both of which should help drive (PINS) shares rose in premarket trading Tuesday after JPMorgan analysts upgraded their rating and lifted their price target on the social media stock. The analysts lifted the stock to "Overweight" from "Neutral," and bumped their price target to $40 from $35. That brings JPMorgan in line with most other analysts covering the stock who are tracked by Visible Alpha, as 16 call it a "Buy" and just four a "Hold," with an average price target of $39.75. They noted that while Pinterest shares are up since the start of the year, they are still about 18% below their February highs while the S&P 500 has recovered to just about 3% below its February record level that month. Pinterest is "leveraging its full funnel ad approach and automation/AI capabilities—including Performance+—to capture a greater share of ad spending" from advertisers with $1 billion to $30 billion in annual revenue, the analysts wrote. Some larger advertisers are already spending 5% to 10% of their advertising budget on the platform, they added. The social media platform is growing its monthly active users (MAU) base, with 85% coming directly to Pinterest through its mobile app, the analysts said. They cited that number as a key reason for their upgrade, as Pinterest generates roughly 90% of its revenue through its app, "which limits PINS' exposure to Google & broader overall search disruption," they wrote. Pinterest shares, which entered the day up 10% this year, rose 4% less than an hour before the opening bell. Read the original article on Investopedia
CNBC
4 days ago
- Business
- CNBC
JPMorgan upgrades this social media stock, says it can rally 25%
JPMorgan has a plethora of reasons for moving off the sidelines on Pinterest . Analyst Doug Anmuth upgraded shares of the visual search platform to overweight from neutral and lifted his price target by $5 to $40. With that refreshed target, Anmuth sees the stock rallying 25.4% from Monday's close. "Given solid execution, potential upside to estimates, & what we believe remains lukewarm market positioning, we view the risk/reward on PINS as favorable," Anmuth wrote to clients in a Tuesday note. Anmuth pointed out that the majority of monthly active users and revenue are tied to the mobile app, which can limit downside from disruptions to search platforms like Google. Pinterest also has advertising abilities that can allow it to close what he called a gap between value creation and value capture, the analyst said. On the finance front, Anmuth said Pinterest is near the low end of its three-to-five year adjusted EBITDA margin target set at the company's 2023 investor day. Additionally, he said there's more upside potential given faster revenue growth and a pattern of spending discipline. Anmuth also called the stock's valuation "undemanding." He noted shares trade at 13 times 2026 free cash flow estimates and 12 times 2026 expected adjusted EBITDA. With the upgrade, Anmuth joined the majority of Wall Street with a buy-equivalent rating, per LSEG. PINS YTD mountain Pinterest, year-to-date Shares popped more than 4% in Tuesday's premarket trading following the call. The stock has gained about 10% this year, but is still well off its February highs.
Globe and Mail
4 days ago
- Business
- Globe and Mail
Pinterest Down 12.5% in Three Months: Should You Avoid PINS Stock?
Pinterest, Inc. PINS declined 12.5% over the past three months against the Internet - Software 's growth of 2.4%.The stock has also underperformed the Zacks Computer & Technology sector and the S&P 500's growth of 4.5% and 1%, respectively. However, it has outperformed peers like Snap Inc. SNAP but lagged Meta Platforms, Inc. META over this period. Snap has declined 15.5%, while META has fallen 1.1% during this period. Key Growth Catalysts for PINS Pinterest serves a wide range of end markets, including retail, consumer packaged goods, travel, financial services, and auto. The company is actively seeking to expand into new markets to increase its user engagement. Pinterest recently formed a collaboration with the championship-winning WNBA team, New York Liberty. Through this partnership, Pinterest aims to bring exclusive content and in-game experiences to its platform, inspiring fans and expanding community outreach. Interest in women's basketball is increasing steadily, and this collaboration will allow PINS to tap into the growing audience base in the WNBA. This will likely open up monetization opportunities in the sports marketing space from various athletic wear companies and fitness organizations. The company's focus on improving operational rigor and incorporating sophisticated AI models to enhance relevancy and personalization is likely to bring long-term benefits. It also emphasizes building new ad tools and formats to help grow the scope of monetization on the platform. This will enable advertisers to measure the results and conversion rates, which will improve their decision-making. Its newly added visual search feature is expected to provide a more personalized discovery experience to its user base. Instead of finding the right keywords, the tool allows users to use images as their search starting point. A refinement bar enables the user to filter based on color, style and fabric. Its Visual Language Models and industry-leading multimodal embedding models empower users to find exact content through a combination of text and image. Integration of such leading-edge generative AI tools will likely boost engagement on the platform. Management's focus on enhancing monetization opportunities is driving revenue growth. In the first quarter of 2025, Shopping ad revenues in the international market grew three times faster than overall revenue growth in those regions. Advertisers and retailers are benefiting from enhanced ad efficiency and campaign performance by using Pinterest's AI-powered Performance+ suite. The company is also integrating AI capabilities to improve productivity across operations. Major Challenges for PINS Pinterest is heavily dependent on advertising as its primary source of revenue. Any adverse changes in the advertising industry, shift in advertiser preferences, or economic downturns can significantly affect the company's financial performance. Although the company recorded 49% growth in ad impressions in the first quarter, ad pricing declined 22% year over year, owing to lower ad pricing in Pinterest's newly expanded international markets. The company is facing intense competition from various media companies such as Meta (including Facebook and Instagram), Google (including YouTube), Snap, Reddit, TikTok and X. Many of its competitors are larger and have significant financial resources. To fend off the competition, Pinterest has to continuously increase its investments in new tool development, which is putting pressure on its margins. In the first quarter of 2025, Total costs and expenses were $890.5 million, up from $794.4 million in the year-ago quarter. On a GAAP basis, research and development expenses rose to $331.7 million from $280.3 million. Macroeconomic volatility is impacting some subsectors of the consumer-packaged goods vertical. Moreover, various Asia-based e-commerce retailers are lowering ad spend in the U.S. market, owing to tariff changes. These factors remain a major concern for the company. Estimate Revision Trend of PINS Pinterest is currently witnessing a downtrend in estimate revisions. Earnings estimates for PINS for 2025 have moved down 1.62% to $1.82 over the past 60 days, while the same for 2026 has decreased 2.3% to $2.12. The negative estimate revision portrays bearish sentiments about the stock's growth potential. Key Valuation Metric of PINS From a valuation standpoint, Pinterest appears to be relatively cheaper compared to the industry and below its mean. Going by the price/sales ratio, the company shares currently trade at 4.8 forward sales, lower than 5.44 for the industry and lower than the stock's mean of 5.21. End Note Pinterest is witnessing strong monthly active user growth across all regions. Strong emphasis on enhancing shoppability and monetization potential across the platform and the incorporation of advanced AI-integrated tools to support advertisers and retailers are tailwinds. Strategic collaboration to venture into a new market segment is positive. However, macroeconomic factors, geopolitical volatility and tariff changes are impacting ad spend in some regions. Growing operating expenses to support the expansion of domestic and international operations are weighing on margins. Stiff competition from other consumer internet companies remains a headwind. With a Zacks Rank #3 (Hold), PINS appears to be treading in the middle of the road, and new investors could be better off if they trade with caution. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Snap Inc. (SNAP): Free Stock Analysis Report Pinterest, Inc. (PINS): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report
Business Recorder
24-05-2025
- Health
- Business Recorder
Almas Bashir Research & Editorial Office opened at PINS
LAHORE: With prime focus on research initiatives in the Institute, the Almas Bashir Research & Editorial Office has been formally inaugurated here at the Punjab Institute of Neurosciences (PINS) on Saturday. The Chief Guest of the ceremony was Dr. Almas Bashir. Executive Director PINS Prof. Dr. Asif Bashir, Principal Ameer uddin Medical College Prof. Dr. Farooq Afzal and senior professors and health professionals attended the ceremony. Speaking on the occasion, Prof. Dr. Asif Bashir emphasized that PINS is committed to enhancing healthcare services in collaboration with international institutions. The establishment of the Almas Bashir Research & Editorial Office marks a significant step towards expanding the institute's research initiatives, enabling young doctors and professionals to benefit from dedicated facilities and resources for research and editorial work, he said. In his address, Prof. Dr. Farooq Afzal underscored the vital role of medical research in the development of healthcare system worldwide. He emphasized that while Pakistan has no shortage of talent, the focus should now be shifted towards self-reliance, urging professionals to contribute actively to research and innovation across all healthcare domains instead of relying solely on external support. He stressed the importance of research in the field of neuroscience, noting that PINS continues to progress steadily in the domain of neurosurgery. He expressed his confidence that Pakistani surgeons and medical professionals will continue to make the nation proud through excellence in clinical and research fields. Principal LGH and ED PINS jointly reiterated that institutions are strengthened not by infrastructure alone but through mutual cooperation and cohesive teamwork. They highlighted the inseparable relationship between LGH and PINS, describing it as 'two souls in one body,' both committed to ensuring optimal patient care and clinical services through unified efforts. They reaffirmed their dedication to implementing the health initiatives of Chief Minister Punjab Ms. Maryam Nawaz Sharif by providing integrated treatment platforms for patients at both PINS and LGH. They stressed that delivering high-quality healthcare to all patients without discrimination remains their shared mission and no effort will be spared in achieving this goal. Among others, Prof Qasim Bashir, Prof Mohsin Zaheer, Prof Hafiz Abdul Majeed, Prof Shehzad Hussain Shah, Prof Naghmana Mazhar, Prof Saira Bilal, Prof Mudassar Aslam and Medical Superintendent Dr Umar Ishaq were present. Copyright Business Recorder, 2025
Business Recorder
20-05-2025
- Health
- Business Recorder
Future doctors urged to make service to humanity their core value
LAHORE: Terming the White Coat as a symbol of sanctity of the medical profession, Principal of Ameer uddin Medical College, Prof. Dr. M. Al-Fareed Zafar called upon the future doctors to make service to humanity their core value, win hearts through compassion and uphold the honour of this coat which signifies the noble tradition of ailing humanity. While addressing the first-year students of the MBBS session 2025–29 during the White Coat and oath-taking ceremony held at Lahore General Hospital, he stated that White Court recognized as a symbol of peace, and doctors work tirelessly to provide relief and comfort to their patients, often at the expense of their own rest and priorities. He pointed out that doctors are held in high regard by society which places a great responsibility on their shoulders to live up to public expectations. Executive Director PINS Prof. Asif Bashir and other faculty members advised the aspiring doctors to adhere strictly to medical ethics, underscoring that medical education requires immense dedication focus and a strong commitment to learning. Medical Superintendent Prof. Dr. Faryad Hussain appealed to parents to remain actively involved in their children's academic and personal development. The ceremony concluded with the administering of professional oath to the new medical students. Copyright Business Recorder, 2025
