From this, we can conclude that short interest is 3.39% of the company’s total outstanding shares. The stats also highlight that short interest as of Jun 14, 2023, stood at 23.18 million shares, resulting in a short ratio of 2.2 at that time. The insiders hold 0.40% of outstanding shares, whereas institutions hold 91.00%. However, this figure has increased over the past 10 days to an average of 11.68 million.Ĭurrently, records show that 681.14 million of the company’s shares remain outstanding. (NYSE:PINS) indicates that the 3-month average is 11.69 million. Also in last trading session, the S&P 500 Index has surged 0.12%, while the Dow Jones Industrial also saw a positive session, up 0.03% on the day.Īn evaluation of the daily trading volume of Pinterest Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: PINS stock’s performance was -0.69% in the latest trading, and 49.51% in the past year. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Buy. On the technical side, indicators suggest PINS has a 100% Buy on average for the short term. No upward and no downward comments were posted in the last 7 days. The company’s revenue is forecast to grow by 6.90% over what it did in 2023.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Pinterest Inc. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2023 is $3 billion. The average estimate suggests sales will likely up by 4.40% this quarter compared to what was recorded in the comparable quarter last year. It means analysts are expecting annual earnings per share growth of 27.40% this year and 27.80% next year.Īnalysts have forecast the company to bring in revenue of $695.48 million for the current quarter, with the likely lows of $605.7 million and highs of $715 million. Analysts have predicted the quarterly earnings per share to grow by $0.11 per share this quarter, however they have predicted annual earnings per share of $0. Investors’ optimism about the company’s current quarter earnings report is understandable. Pinterest Inc., whose market valuation is $18.90 billion at the time of this writing. Here are five of the best ways to profit from the AI boom. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. It also provides THE YES app, a shopping platform for fashion that enables users to shop a personalized feed based on the user's active input on brand, style, and size.The artificial intelligence (AI) revolution is already here. Its Video Pins include short videos from businesses that link to content on topics like cooking, beauty and DIY projects. Its Product Pins include items from its catalogue inventory that can be purchased and include metadata on prices and stock availability. Its Standard Pins include static images that link to content from around the Web highlighting products, recipes, style and home inspiration, do it yourself (DIY), and others. It offers several types of Pins on its platform, including Standard Pins, Product Pins, Video Pins and Idea Pins. Pins are created when Pinners, creators and businesses create new content for or save existing Web content to its platform. On Pinterest, people discover and personalize visual content, which is called Pins. (Pinterest) is a visual discovery engine company.
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