{"id":40922,"date":"2025-06-22T11:35:28","date_gmt":"2025-06-22T11:35:28","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/22\/is-pinterest-stock-a-good-buy-as-the-golden-cross-pattern-nears\/"},"modified":"2025-06-22T11:35:28","modified_gmt":"2025-06-22T11:35:28","slug":"is-pinterest-stock-a-good-buy-as-the-golden-cross-pattern-nears","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/22\/is-pinterest-stock-a-good-buy-as-the-golden-cross-pattern-nears\/","title":{"rendered":"Is Pinterest stock a good buy as the golden cross pattern nears?"},"content":{"rendered":"
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Pinterest stock price has remained in a tight range in the past few days as investors assess its growth trajectory. PINS ended the week at $34.22, a few points below this month\u2019s high of $35.4 It is about 45% above its lowest level in April this year.\u00a0<\/p>\n

Pinterest growth continuing<\/h2>\n

Pinterest, a leading social media company, has been in a strong growth trajectory<\/a> in the past few years. Its annual revenue has jumped from over $1.69 billion in 2020 to over $3.64 billion last year. <\/p>\n

Pinterest\u2019s monthly users have been rising, moving from 160 million in 2016 to over 570 million, making it one of the top players in the social media space. <\/p>\n

Its business continued growing in the last quarter, albeit at a slower pace. Its revenue grew by 16% to over $855 million, with most of it coming from the United States and Canada. <\/p>\n

The US and Canada bring most of its revenue even though they account for a small share of its monthly users. They have 102 monthly users, accounting for about 17% of the 570 monthly users.\u00a0<\/p>\n

Europe has become the fastest-growing market in terms of revenue. Its revenue grew by 24% in the first quarter to $147 million.<\/p>\n

Most importantly, Pinterest\u2019s EBITDA is growing. Its EBITDA jumped by 36% to $172 million, helped by its revenue growth and cost-cutting measures.\u00a0<\/p>\n

Double-digit growth to continue<\/h2>\n

The management and Wall Street analysts are optimistic that it will have double-digit growth for a while. In the recent results, the management estimated that the second-quarter revenue growth will be between $960 million and $980 million, while its adjusted EBITDA will be between $217 million and $237 million.\u00a0<\/p>\n

The average revenue estimate<\/a> among Wall Street analysts is that its second-quarter revenue will be $973 million, a 14% annual increase. It will then cross the $1 billion metric next quarter.<\/p>\n

Pinterest\u2019s annual revenue will be $4.16 billion, followed by $4.74 billion in 2026, representing annual growth rates of over 14%. This revenue growth is much better than Meta Platforms.<\/p>\n

Another potential catalyst for Pinterest stock is that it is relatively undervalued compared to other social media companies. It has a forward price-to-earnings ratio of 18, higher than the S&P 500\u2019s 22.<\/p>\n

Analysts see some more upside for the Pinterest stock. The average target among analysts is $40, up from $34.22. Some of the most bullish analysts are from JPMorgan and Wolf Research who have an overweight and outperform rating. <\/p>\n

Read more: Top stocks forecasts ahead of earnings: Toast, Pinterest, Affirm, DraftKings<\/a><\/p>\n

Pinterest stock price analysis<\/h2>\n
PINS stock chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

The daily chart shows that the PINS share price has rebounded in the past few months, moving from a low of $23.72 in April to a high of $35.4 this month. <\/p>\n

Notably, the stock is about to form a golden cross pattern, which happens when the 50-day and 200-day moving averages are about to cross each other. This cross is one of the most bullish patterns in technical analysis, and is happening as it remains at the 50% Fibonacci Retracement level.\u00a0<\/p>\n

Therefore, the Pinterest stock price will likely have a bullish breakout, with the next point to watch being the psychological point at $40. <\/p>\n

The post Is Pinterest stock a good buy as the golden cross pattern nears?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Pinterest stock price has remained in a tight range in the past few days as investors assess its growth trajectory. PINS ended the week at $34.22, a few points below this month\u2019s high of $35.4 It is about 45% above its lowest level in April this year.\u00a0 Pinterest growth continuing Pinterest, a leading social media <\/p>\n","protected":false},"author":1,"featured_media":40923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-40922","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40922"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40923"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}