Professional
Added to YB: 2024-03-25
Pitch date: 2023-12-31
PINS [bullish]
Pinterest, Inc.
-29.15%
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
$36.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
42.20
P/E
8.67
EV/Sales
3.55
Sector
Interactive Media and Services
Category
growth
Show full summary:
Alger Mid Cap Growth Fund Portfolio Holding: Pinterest, Inc.
PINS: 460M global MAUs, >90M in US. Potential ad stack & platform optimization benefits. Amazon partnership expands merchant base. Q3 beat on revs & EPS indicates ad improvements gaining traction. Raised Q4 rev outlook.
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