Professional
Added to YB: 2024-07-22
Pitch date: 2024-07-19
PINS [bearish]
Pinterest, Inc.
+36.56%
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
$40.97
Price Target
16.00 (-38%)
Dividend
N/A
EV/EBITDA
42.20
P/E
8.67
EV/Sales
3.55
Sector
Interactive Media and Services
Category
value
We Believe Pinterest, Inc. (NYSE: PINS) is in a Death Spiral but Misleadingly Doctors its Terrible Performance Statistics
Pinterest rapidly losing Western user engagement, masking decline with low-value international growth. Ad spam alienating users, junk-level pricing to advertisers. Revenue growth unsustainable. Insiders selling aggressively. Fair value $5.28-$16 vs $40 current price. Declining engagement, poor monetization, and competition point to bleak outlook.
Read full article (49 min)