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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.

US Stock Moves-Dine Brands, Pinterest, Nike
Major Wall Street indexes were hammered Tuesday, with the benchmark S&P 500 hitting its lowest point in more than a week, as reports of escalating tensions in the Middle East sent investors dumping riskier assets. The S&P 500 index fell 1.09% to 5,699.8 points; The Nasdaq Composite Index fell 1.86% to 17851.523 points. The top three gainers in the S&P 500 were Paychex Inc, up 5.1%; APA Corp, Up 4.2%; Marathon Oil, It rose 3.5%. Top three percentage decliners in the S&P 500: Amentum Holdings LLC, down 21.4%; Humana Inc, Down 5.3%; Intel Corp, It fell 4.5%. Top three percentage gainers on the NYSE: Indonesia Energy Corporation Ltd, up 60.1%; Site CentersCorp, Up 44.8%; United Natural Foods Inc., It rose 22.1%. Top three percentage decliners on the NYSE: Amentum Holdings LLC, down 21.4%; OneConnect Financial Technology Co Ltd, down 17.1%; China Green Agr, It fell 12.7%. Top 2 Nasdaq Percentage Gainers: GDEV I
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Comments

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