Pinterest, Inc.
PINS
156 Followers
4 November
Upcoming Earnings
22.49B
Market Cap.
113.00
P/E
PINS Fair Price
$19.85
Undervalued by 4.6%
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My Notes
Začít psátFeed
Today, Pinterest $PINS+1.5% reported results that exceeded expectations. Active users for the month reached 465 million. USD. Analysts were expecting 463.2 million. USD. Average revenue per user was $1.53. Analysts were expecting USD 1.54/user.
Until a few months ago, I thought other social networks would overtake it, but in May it announced a partnership with e-commerce giant...
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I occasionally use Pinterest's services, but I probably wouldn't buy their stock. However, it is interesting that this platform is changing from an advertising platform to a sales platform.