Sign up now and fund within 24h to get free NKE, GPRO or DBX stock. T&Cs apply.
Redeem Now
Stake logo

PINS

Pinterest, Inc.

1 day chart

About PINS

Pinterest, Inc. (Pinterest) is a visual discovery engine company. On Pinterest, people discover and personalize visual content, which is called Pins. Pins are created when Pinners, creators and businesses create new content for or save existing Web content to its platform. It offers several types of Pins on its platform, including Standard Pins, Product Pins, Video Pins and Idea Pins. Its Standard Pins include static images that link to content from around the Web highlighting products, recipes, style and home inspiration, do it yourself (DIY), and others. Its Product Pins include items from its catalogue inventory that can be purchased and include metadata on prices and stock availability. Its Video Pins include short videos from businesses that link to content on topics like cooking, beauty and DIY projects. It also provides THE YES app, a shopping platform for fashion that enables users to shop a personalized feed based on the user's active input on brand, style, and size.

Buy US stocks in Australia starting with PINS. Open an account and start investing today!

Market Capitalisation

$23.54K

Price-earnings ratio

-

Dividend yield

0.00%

Volume

5.13M

High today

$35.92

Low today

$35.17

Open price

$35.67

52-week high

$35.36

52-week low

$20.60


What does Pinterest do?

In the company’s own words, “Pinterest is the productivity tool for planning your dreams.”

Pinterest, Inc. operates an image-based social media network that allows users to find, save and organise images and videos that inspire them. 

On Pinterest, users seek inspiration for daily activities such as cooking or deciding what to wear; for major commitments such as marathon training; for ongoing passions such as gardening; or even milestone events such as weddings.

The Pinterest network utilises visual machine learning to understand a user’s tastes and interests in order to make recommendations and keep them engaged.

Pinterest was founded in 2008 by Ben Silbermann, Paul Sciarra, and Evan Sharp. The company is currently headquartered in San Francisco, California.

How does Pinterest make money?

Pinterest makes money via advertising through its website and mobile app. The company reports all revenue in a single segment.

Advertising is visually integrated into the platform’s interface so ads look just like any other user-generated content. A “buy it” button is integrated into ads allowing users to buy directly through Pinterest rather than on third-party websites.

Pinterest offers advertisers a variety of formats including:

  • Standard ads (static images)

  • Video ads (used to tell engaging stories)

  • Carousel ads (where advertisers can showcase more than one image or video at a time)

  • Shopping ads (similar to static ads but exclusive to advertisers who upload product catalogues)

Pinterest has cited the improvement of existing ad formats and the development of new ones as a driver of future growth.

Is Pinterest a profitable company?

Pinterest became profitable in FY2021.

Prior to FY2021, the company’s profits had been in negative territory since FY2017. However, the company’s FY2021 financials showed a positive net income of US$316m, a 365% leap up from the previous year’s net income of negative US$128m.

The company is currently healthy with no debt and a free cash flow of US$744m.

Is PINS stock a buy?

Some investors believe this is a good time to buy as the company recently became profitable. Pinterest is also healthy with ample cash to seek out or create new growth opportunities.

Other investors don’t feel as bullish, dismissing the all time high of Pinterest's stock price as a beneficiary of COVID-19 and just a “pandemic play.” These investors are also wary of the fact the company’s monthly active users dropped from 459m to 431m throughout FY2021 – a 6% decrease over 12 months.

Who owns PINS stock?

Institutions hold 67.4% of the total float of PINS stock. 

Some of these institutions include Vanguard Group (7.47%), T. Rowe Price Group (4.92%), BlackRock (4.23%), Flossbach von Storch AG (4.13%) and Morgan Stanley Investment Management (3.59%).

Co-founders Benjamin Silbermann and Paul Sciarra own a significant amount of PINS stock as well: 6.01% and 5.84%, respectively.


PINS FAQs

Yes, the Stake platform allows you to buy PINS shares and over 8,000 stocks and ETFs across the ASX and Wall St.

One share of Pinterest, Inc. is valued at $35.54.

The ticker symbol for Pinterest, Inc. is PINS.

To buy PINS stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake Wall St
  3. Deposit directly into your Stake wallet and you're ready to invest in PINS

The Pinterest, Inc. 52-week high stock price is $35.36.

The Pinterest, Inc. 52-week low stock price is $20.60.

As of 11/12/2023 Pinterest, Inc. has a market cap of $24K.


Related Stocks

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.


Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2023 Stake. All rights reserved.