Previous Close | 26.49 |
Open | 26.70 |
Bid | 26.79 x 4000 |
Ask | 27.20 x 1800 |
Day's Range | 26.70 - 27.10 |
52 Week Range | 20.60 - 30.86 |
Volume | |
Avg. Volume | 10,314,022 |
Market Cap | 18.11B |
Beta (5Y Monthly) | 1.03 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.44 |
Earnings Date | Oct 25, 2023 - Oct 30, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 32.89 |
On April 27, image-browsing platform Pinterest (NYSE: PINS) announced a partnership with e-commerce giant Amazon (NASDAQ: AMZN). Since then, shares of Pinterest have dropped 3% in value -- the market doesn't appear to be impressed at all with the partnership. When I first found out about Pinterest's partnership with Amazon, I was excited.
Image-browsing platform Pinterest (NYSE: PINS) appointed new CEO Bill Ready one year ago. Pinterest's management team believes that five years from now, the business could be generating around $6 billion in annual revenue, and earnings before interest, taxes, depreciation, and amortization (EBITDA) could reach $1.8 billion. If those numbers are accurate, Pinterest stock could feasibly double in value over the next five years.
Pinterest (PINS) closed at $26.49 in the latest trading session, marking a +1.61% move from the prior day.