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02-07

$Pinterest, Inc.(PINS)$  πŸš€ Pinterest FY2024 Stock Analysis: Strong Growth or Stagnation Risk? πŸ“ˆπŸ“‰

Pinterest ($PINS) just delivered impressive FY2024 results with revenue up 19% to $3.65B and net income soaring to $1.86B. The platform’s user base grew 11% to 553M MAUs, while ad monetization remains strong.

πŸ’‘ Financial Highlights:

βœ… Gross Margin: 79.4% (well above the 60% benchmark)

βœ… Net Margin: 51.1% (strong profitability)

βœ… Debt to Assets Ratio: 11.1% (low debt, strong balance sheet)

βœ… Cash Coverage Ratio: 6.3x (ample liquidity)

βœ… Target Price Range: $53 - $93 | Fixed Target: $73 | Rating: Strong Buy

⚠ Potential Risks:

πŸ”Ή User Growth Dependency – If growth stagnates, target price drops to $48 - $84

πŸ”Ή Advertising Reliance – Economic downturns could hit revenue

πŸ”Ή Rising Competition – TikTok, Instagram & Google Ads pose a threat

πŸ” Investor Takeaway: Pinterest remains financially strong, cash-rich, and profitable. But future valuation depends on maintaining user engagement & ad revenue growth.

Earnings Season: Which Stocks Are Worth Chasing After Beats?
The busy earnings season continues this week. Several growth stocks, including AFRM, FTNF, NET, PINS, and PTON, surged over 10% in a single day after beating expectations. What do their performances signal for similar growth stocks? Are they still worth chasing after the post-earnings rally? Meanwhile, for underperformers like AMD, will you buy the dip?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pizzix
    02-07
    pizzix
    Amazing insights! Love the analysis! πŸ”πŸ“ˆ
  • tiger_cc
    02-07 17:42
    tiger_cc
    PLTR to the moon!
  • DebbyLily
    02-07
    DebbyLily
    Strong analysis
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