Summary
- Unlike other social media platforms, targeted ads on Pinterest represent highly relevant product ideas that blend in with the content.
- PINS more than doubled outbound clicks to retailers for four consecutive quarters before growing another 90% year-over-year (Y/Y) in 4Q24.
- With a net cash position of $2.5B and no debt, management should have ample capacity to tap into its $1.9B share buyback program.
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As of 3/5/25 Market Capitalization: $23.9B Enterprise Value: $21.5B Price: $35.20 (3/4) |
What the Company Does
Pinterest (NYSE:PINS) is a social media platform that targets 553 million monthly active users (MAUs) with ads, as users browse
Single stock ideas excerpted from fund letters published by Seeking Alpha.
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