PINTEREST STOCK ANALYSIS

Trends The company’s total U.S. revenue jumped 67% year over year, to $582 million.Its international revenue was up 145% year over year, to $123 million. Pinterest said the increases in both groups were driven by a growth in average revenue per user. Pinterest said that its U.S. monthly active users came in at 98 million, an increase of 11% year over year. The company’s international user base also continued to rapidly expand, up 46% to 361 million. Macroeconomic Overview Microsoft approached Pinterest in recent months about a potential deal to acquire the $51-billion social media company, the Financial Times reported, citing people briefed on the matter.A general shift to virtual interactions leading to increased engagement on social media platforms benefited Pinterest as well, with its monthly active users jumping 37 percent to 459 million in the fourth quarter. Market Cap Pinterest market cap as of February 18, 2021 is $54.05B. Enterprise Values Enterprise Value: 52.47 BUSINESS MODEL AND COMPETITORS - Pinterest is a unique platform with an equally unique business model that differentiates it from other photo-sharing websites. - Creates a more personal experience for individual users and still allows friends of those users to see what they're up to by checking out their personal pinboards. - The company views itself as a discovery service, and it helps its users plan for the future by allowing them to curate images or a set of images. For example, one of the top use cases for Pinterest is women that are planning their future weddings.This focus on discovery is highlighted by Pinterest's partnership with Apple, which allows users to discover new apps in the Apple app store. Tailwinds and Headwinds Impacting the Business Tailwinds - Since the pandemic consumer searches on visual search engines have increased 60% compared to a year ago. - Increase in the number of advertisers favoring Pinterest as 47% users log on to shop which higher as compared to any other social media platform combined with an increased user activity. - Pinterest saw an all-time high usage during the pandemic which has attracted advertisers to the platform. - Due to covid the number of user engaging with the in built shopping platform has seen an 87% increase. Headwinds - Fears whether Pinterest will retain users in the post pandemic world. - Political interference with social media websites such as Facebook regarding data privacy. Technical Analysis Stock is technically bullish because - Bullish Momentum with 10 week moving average above 20 week moving average and both trending upwards. - The stock recently formed a 10 week long flat base with accumulation between 76.88 and 62.15 price levels. (which is indicated by above average volume buying and lower volume selling except 20 weeks moving average retest) - Last such flat base between 39.64 and 32.49 price levels resulted in a 115% price increase before the current base.

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kanikasharma0901

Apr 24, 2021

-30.72%

Change % Since Posting

74.99

Price When Posted

-23.04

Change Since Posting

PINS

Pinterest Inc - Class A

51.95

0.00
0.00%
Current Price

PINTEREST STOCK ANALYSIS

bullish

Trends

 

The company’s total U.S. revenue jumped 67% year over year, to $582

million.Its international revenue was up 145% year over year, to $123

million. Pinterest said the increases in both groups were driven by a growth

in average revenue per user. Pinterest said that its U.S. monthly active

users came in at 98 million, an increase of 11% year over year. The

company’s international user base also continued to rapidly expand, up

46% to 361 million.

 

Macroeconomic Overview

 

Microsoft approached Pinterest in recent months about a potential deal to

acquire the $51-billion social media company, the Financial Times

reported, citing people briefed on the matter.A general shift to virtual

interactions leading to increased engagement on social media platforms

benefited Pinterest as well, with its monthly active users jumping 37

percent to 459 million in the fourth quarter.

 

Market Cap

Pinterest market cap as of February 18, 2021 is $54.05B.

Enterprise Values

Enterprise Value: 52.47

 

BUSINESS MODEL AND

COMPETITORS

 

- Pinterest is a unique platform with an equally unique business

model that differentiates it from other photo-sharing websites.

- Creates a more personal experience for individual users and

still allows friends of those users to see what they're up to by

checking out their personal pinboards.

- The company views itself as a discovery service, and it helps

its users plan for the future by allowing them to curate images

or a set of images.

For example, one of the top use cases for Pinterest is women

that are planning their future weddings.This focus on discovery

is highlighted by Pinterest's partnership with Apple, which

allows users to discover new apps in the Apple app store.

 

Tailwinds and Headwinds

Impacting the Business

Tailwinds

- Since the pandemic consumer searches on visual search engines have increased 60% compared to a year

ago.

- Increase in the number of advertisers favoring Pinterest as 47% users log on to shop which higher as

compared to any other social media platform combined with an increased user activity.

- Pinterest saw an all-time high usage during the pandemic which has attracted advertisers to the platform.

- Due to covid the number of user engaging with the in built shopping platform has seen an 87% increase.

Headwinds

- Fears whether Pinterest will retain users in the post pandemic world.

- Political interference with social media websites such as Facebook regarding data privacy.

 

Technical Analysis

Stock is technically bullish because

- Bullish Momentum with 10 week moving average above 20 week moving average and both trending

upwards.

- The stock recently formed a 10 week long flat base with accumulation between 76.88 and 62.15 price

levels. (which is indicated by above average volume buying and lower volume selling except 20 weeks

moving average retest)

- Last such flat base between 39.64 and 32.49 price levels resulted in a 115% price increase before the

current base.

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2 min

82.00

Target Price

8/ 10

Confidence

2-4 Weeks

Timeframe
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