Professional
Added to YB: 2024-10-10
Pitch date: 2024-09-30
PINS [bullish]
Pinterest, Inc.
-23.11%
current return
Author Info
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Company Info
Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.
Market Cap
$16.9B
Pitch Price
$33.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
42.20
P/E
8.67
EV/Sales
3.55
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)