Pinterest stock slips premarket on Q4 revenue miss and soft guidance

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Pinterest Inc (PINS) PT Raised to $45 at CFRA

February 9, 2024 12:25 PM EST

CFRA analyst Angelo Zino raised the price target on Pinterest Inc (NYSE: PINS) to $45.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target price to $45 from $34, based on a P/E multiple of 27.3x our 2025 EPS... More

Pinterest (PINS) Tops Q4 EPS by 2c, Revenue Misses, Offers Guidance

February 8, 2024 4:08 PM EST

Pinterest (NYSE: PINS) reported Q4 EPS of $0.53, $0.02 better than the analyst estimate of $0.51. Revenue for the quarter came in at $981.3 million versus the consensus estimate of $990.18 million.

GUIDANCE:

Pinterest sees Q1 2024 revenue of $690-705 million, versus the... More