Pinterest Inc is a visual discovery platform that allows users to explore and share ideas through a curated collection of images, videos, and links
The platform serves as an inspiration hub, where individuals can find and save creative concepts for various interests, including home decor, fashion, cooking, and personal projects. Businesses and creators can also leverage Pinterest's tools to reach target audiences by promoting their products and services, making it a powerful marketplace for visual content and e-commerce solutions. Overall, Pinterest fosters a community of creativity, inspiration, and innovation, connecting millions of users with ideas that spark their imagination.
Pinterest's AI Taste Graph expands 75%, while Amazon plans a $100B AI investment. Arm confirms role in $100B Stargate AI project. DeepSeek impacts AI stocks. Qualcomm records quarter but lowers Q2 guidance.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Feb. 3-7, 2025.
Shares of social commerce platform Pinterest (NYSEPINS)
jumped 26% in the pre-market session after the company reported fourth-quarter results, which beat analysts' revenue and EBITDA expectations. Its quarterly guidance for both metrics outperformed Wall Street's estimates. The growth was driven by a record-high 553 million global monthly active users (MAUs), up 11%, and a 6% increase in global average revenue per user (ARPU). Overall, we think this was a good quarter with some key metrics above expectations.
Pinterest (NYSEPINS) reported its first-ever billion-dollar revenue quarter, achieving $1.15 billion in Q4 2024, an 18% increase year-over-year. The platform’s global monthly active users grew by 11% to reach 553 million. CEO Bill Ready highlighted the platform’s increasing engagement and effectiveness for both users and advertisers.
Social commerce platform Pinterest (NYSEPINS) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 17.6% year on year to $1.15 billion. Guidance for next quarter’s revenue was better than expected at $844.5 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.56 per share was 13.5% below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Thursday. Below you can find the top gainers and losers in today's after hours session.
Pinterest reported a record 62% WAU-to-MAU engagement ratio and a 90% surge in advertiser clicks in Q4, driven by Gen Z growth and enhanced shopping features.
Pinterest Inc. revealed significant advancement in its artificial intelligence capabilities alongside its first-ever billion-dollar revenue quarter, showcasing how the company's tech investments are driving commercial success.
