- Pinterest partners with Index Exchange and Criteo to boost advertising revenue.
- Analysts predict a potential upside of 66.95% for Pinterest stock (PINS, Financial).
- Pinterest holds a strong "Outperform" recommendation from brokerage firms.
Pinterest (PINS) has strategically decided against acquiring an ad tech firm to enhance its ad revenue streams. Instead, the company has chosen to develop robust partnerships with Index Exchange and Criteo (CRTO). This move reflects Pinterest's ongoing efforts to explore innovative strategies that amplify advertiser results without committing to direct acquisitions.
Wall Street Analysts' Forecast for Pinterest
According to insights from 34 seasoned analysts, the average one-year price target for Pinterest Inc (PINS, Financial) is projected at $42.49. This projection ranges from a high estimate of $55.00 to a low of $25.00. Should this average target materialize, investors could see a substantial upside of 66.95% from the current stock price of $25.45. For investors seeking more granular data, we recommend visiting the Pinterest Inc (PINS) Forecast page.
The consensus among 41 brokerage firms pegs Pinterest's recommendation at a solid 2.0 rating, categorizing it as an "Outperform." This recommendation scale ranges from 1, which indicates a Strong Buy, to 5, denoting a Sell.
Furthermore, based on GuruFocus calculations, the projected GF Value for Pinterest Inc (PINS, Financial) in one year stands at $40.35. This suggests a potential upside of 58.55% from its present trading price of $25.45. The GF Value is an insightful metric estimating the fair market value of a stock, derived from historical trading multiples, previous growth metrics, and future business projections. For a comprehensive view of Pinterest's market data, you can explore the Pinterest Inc (PINS) Summary page.
