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Added to YB: 2024-10-10

Pitch date: 2024-09-30

PINS [bullish]

Pinterest, Inc.

-50.38%

current return

Author Info

No bio for this author

Company Info

Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.

Market Cap

$10.9B

Pitch Price

$33.80

Price Target

N/A

Dividend

N/A

EV/EBITDA

22.38

P/E

26.85

EV/Sales

2.06

Sector

Interactive Media and Services

Category

value

Show full summary:
ClearBridge Mid Cap Strategy Added On Portfolio Holding: Pinterest, Inc.

PINS: Social media platform declined after strong H1 as investors took profits & economic uncertainty reduced ad spend. Internal initiatives to boost user monetization & improve advertiser value progressing. Weakness seen as opportunity to add to position.

Read full article (1 min)