Pinterest Inc (PINS) Stock Forecast & Predictions

Pinterest Inc - Class A PINS: $76.22

, , , . | Sector: | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$47.11B
  • Change (52 Weeks)336.79%
  • Low (52 Weeks)$15.82
  • Pinterest Inc (PINS) Forecast Based on Technical Analysis


    Neutral
    Based on 15 Technical Indicators where 20.00% are on Buy, 33.33% on Sell, and 46.67% Neutral.

    According to the market data, Pinterest Inc (PINS) stock price is $76.22 and the 52 weeks low is $15.82, which means the Pinterest Inc stock price is up 336.79% in the last 12 months.

    Pinterest Inc (PINS) Stock Price has been Trending Strongly with an ADX reading of 38.51 as per the Weekly Chart.

    A Upward trend indicates that Pinterest Inc (PINS) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 15 technical indicators, 20.00% are indicating that PINS Stock price might rise further, 33.33% indicating that PINS Stock price might fall, and 46.67% are in a neutral position.

    Based on these technical algorithms, overall PINS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Pinterest Inc (PINS) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Pinterest Inc (PINS) is based on 34 Institutional Analyst Ratings where 38.24% are on Strong Buy, 26.47% on Moderate Buy, 32.35% remains on Hold, 0.00% are on Moderate Sell and 2.94% are on Strong Sell.

    Out of 34 Institutional Analysts, majority recommended PINS stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Pinterest Inc.

    Pinterest Inc (PINS) Stock Price Prediction By Analysts


    HighLowAverage
    $110.25$43.43$91.39
    $91.3919.91% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PINS set by the institutional analysts is $91.39 where High Estimate is $110.25, Median $92.82000000000001 and Low $43.43.

    The average price target for PINS by Institutional Analysts is $91.39, which is 19.91% Upside from the current price. So according to the Institutional Analysts, PINS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Pinterest Inc (PINS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 384,627 investor portfolio.

    Our algorithm has analysed 384,627 investor portfolio with PINS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PINS and holding their positions hoping for a further rise in the stock price and more profit.

    Pinterest Inc (PINS) Stock Forecast Based on News Sentiment


    Bullish
    Based on 17 articles published Last Week, where 80.00% are Bullish and 20.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about PINS, it shows that Pinterest Inc had a 80.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that PINS stock price may surge in the next few weeks.

    Pinterest Inc (PINS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Evercore ISI GroupOutperformInitiated
    Morgan StanleyOverweightMaintained
    B of A SecuritiesNeutralDowngraded
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    WedbushOutperformMaintained
    KeyBancOverweightMaintained
    Goldman SachsBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    BernsteinMarket PerformMaintained
    Credit SuisseNeutralMaintained
    StifelBuyInitiated
    Piper SandlerNeutralInitiated
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    Cleveland ResearchBuyInitiated
    RosenblattNeutralMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersBuyUpgraded
    KeyBancOverweightMaintained
    JP MorganOverweightUpgraded
    Deutsche BankBuyMaintained
    B of A SecuritiesBuyMaintained
    KeyBancOverweightMaintained
    Goldman SachsBuyUpgraded
    Goldman SachsBuyUpgraded
    B of A SecuritiesBuyUpgraded
    Credit SuisseNeutralMaintained
    Wells FargoOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    GuggenheimBuyInitiated
    KeyBancOverweightInitiated
    BairdOutperformMaintained
    CitigroupNeutralDowngraded
    Morgan StanleyOverweightUpgraded
    UBSBuyUpgraded
    RosenblattNeutralMaintained
    Pivotal ResearchBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightInitiated
    WedbushOutperformMaintained
    Nomura InstinetBuyMaintained
    DA DavidsonNeutralDowngraded
    BairdOutperformMaintained
    Credit SuisseNeutralMaintained
    UBSNeutralMaintained
    JP MorganNeutralMaintained
    Wells FargoOverweightMaintained
    WedbushOutperformMaintained
    RosenblattNeutralReiterated
    NomuraBuyMaintained
    DA DavidsonBuyMaintained
    Loop CapitalBuyInitiated
    Wells FargoOverweightUpgraded
    BernsteinMarket PerformInitiated
    Monness Crespi HardtNeutralInitiated
    WedbushOutperformMaintained
    CitigroupBuyMaintained
    SusquehannaNeutralMaintained
    RBC CapitalOutperformMaintained
    Pivotal ResearchHoldDowngraded
    NomuraBuyMaintained
    MKM PartnersNeutralMaintained
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    DA DavidsonBuyUpgraded
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformUpgraded
    MKM PartnersNeutralInitiated
    Wells FargoMarket PerformInitiated
    ArgusBuyUpgraded
    WedbushOutperformMaintained
    UBSNeutralMaintained
    Deutsche BankBuyUpgraded
    CitiBuyMaintained
    OTR GlobalMixedInitiated
    WedbushOutperformInitiated
    Pivotal ResearchHoldInitiated
    DA DavidsonNeutralMaintained
    Deutsche BankHoldMaintained
    UBSNeutralInitiated
    RBC CapitalSector PerformInitiated
    JP MorganNeutralInitiated
    Goldman SachsNeutralInitiated
    Credit SuisseNeutralInitiated
    CitigroupBuyInitiated
    BarclaysEqual-WeightInitiated
    BairdOutperformInitiated
    NomuraBuyInitiated
    RosenblattNeutralInitiated
    Zephrin GroupSellInitiated
    DA DavidsonNeutralInitiated

    Pinterest Inc (PINS) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.105
    The average consensus EPS for PINS is $0.105 with a high estimate of $0.210 and Low of $-0.039 for the period 2021-06-30 and based on 26 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.13$0.0263672020-09-30


    The latest average Earning Per Share Estimate for Pinterest Inc is $0.11, which is lower than PINS's last EPS, $0.13. This means that Analysts are expecting Pinterest Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Pinterest Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.13$0.0263672020-09-30
    $-0.07$-0.13802642020-06-30
    $-0.1$-0.088199400000000012020-03-31
    $0.12$0.079804800000000012019-12-31
    $0.01$-0.04432922019-09-30
    $-0.06$-0.08345642019-06-30
    $-0.32$-0.1083242019-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).