$PINS - Potential inverse head and shouldersNYSE:PINS Still too early to know for sure but, Pinterest could be forming an inverse head and shoulder pattern.
Targets:
$37
$40
Risk:
$33
I have a starter position.
PINS trade ideas
BreakoutPins looks to be breaking out of triangle to the upside. Price target is around 44, price target is a fib level retracement from ATH to most recent low. 2 month options ATM around 2.80.
PINS forming Double BottomPINS seem to be forming a Double Bottom, I see us approaching a target of $36.43 at the neckline this week.....let's see how this one plays out!
Looking for a bullish swing on PINS! Thank you as always for watching my videos! Please feel free to like, share, and comment on this post! God bless you.
Bullish thesis for $PINSNYSE:PINS has been making headlines lately with its impressive performance and promising future prospects. Let's dive into the latest developments and explore the bullish thesis for this innovative company.
Strong Financial Performance: In 2023, Pinterest achieved a record-high ~90% incremental EBITDA margins, and the Street models are projecting ~40% and ~50% in 2024 and 2025, respectively. This indicates a robust growth trajectory for the company.
Evercore ISI recently reiterated its Outperform rating on Pinterest and raised the price target from $45 to $50. The firm cited four key reasons for this upgrade, including Pinterest's unique position in the social media landscape, its strong user engagement, and the potential for further monetization of its platform.
Amazon Partnership: Pinterest's partnership with Amazon has been a game-changer. Users can now purchase products directly from Amazon through the Pinterest platform, which has led to increased user engagement and revenue growth.
Technical Analysis: The Pinterest stock has been on a bullish trend in recent months and has broken through a major resistance level at $37 giving it great positive momentum to continue rising in price.
Have entered an Options Call contract targeting $54 and posted in the free community 😉 Will be providing updates.
Pre MarketPre Markets really change the course of price movement
now the price is bellow 2 zones
if it hits the bottom and break through then its a bearish
Nice Pump after dip!Pinterest got a nice come back after a dip this morning, but do buyers can keep up?
The Price richest a support level/zone, and if it can breaks through then it can hit a resistance zone at 35.27.
The price could go down after hitting 35.27, but if it breaks through again the resistance zone then it could hit another resistance zone at 35.90
and above that there's another resistance at 36.79
📊 Pinterest (PINS) Trade Analysis - Partnerships and Growth! 🚀📊 Technical Overview:
NYSE:PINS : Pinterest, a visual discovery platform.
Key Levels: $34.80, $35.50, $50.00, $52.00.
📈 Trade Analysis:
Partnerships: Collaborations with Adobe, Salesforce, and Amazon.
API Revenue: API product contributing nearly 30% of Pinterest's revenue.
AI Growth: Explosive growth fueled by AI.
Amazon Deal: Anticipation for meaningful revenue from Amazon deal in 2024.
Bullish Sentiment: Positive outlook on Pinterest.
🚀 Trade Strategy:
Entry: Above $34.80-$35.50 range.
Upside Target: $50.00-$52.00.
Bullish Outlook: AI-driven growth and strategic partnerships.
📉📈 Note: Stay updated on Pinterest's growth and partnerships for trade decisions. 🔄💹 #Pinterest #TradeAnalysis #StockMarket 📊🚀
Buy PINS - 5th wave pivot identifiedPrice reversal and pivot from the end of wave 4. Price bounced of support zone. Buying with 1% allocation. Open @ 35.70 TP @ 41.0 c.14%
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Strategy:
Based on Elliot wave theory, pivot points and classic chart patterns.The 5th wave pivot strategy identifies the last impulse of the elliot wave sequence. The 5th wave can be equal to the 3rd wave or extend to the 1.618 fibonacci level.
Entry: A position is taken when a pivot point is reached at the end of the 4th corrective wave and the price reverses. This position is also confirmed by boucing from the lower bound of a chart pattern or from price support level.
Exit: TP is taken from top of wave 3 or the previos resistance level.
PINS Stock – Second Wind from Google PartnershipLike every other social media platform out there, Pinterest (NYSE: PINS) recieved a massive boost in users during the Covid-19 pandemic when everyone was stuck at home, adding more than 100 million users to the platform. Now, the company is planning to expand its user base beyond 500 million monthly active users in 2024, and hopes to get these new users to click on special ads, courtesy of a partnership with the e-commerce giant, Amazon (NASDAQ: AMZN) and Google (NASDAQ: GOOG).
While initially met with skepticism, this collaboration has proven to be a resounding success, propelling Pinterest to new heights and transforming the way people use the platform from just looking at pictures for inspiration to full-on shopping. This partnership is not only changing the way people see Pinterest as a platform, but also how investors view PIN stock.
Amazon Partnership
In April of last year, Pinterest announced a partnership with Amazon, which indicated that Amazon’s advertising customers could now display ads on the image-sharing app. Basically, Amazon generates advertising revenue when businesses pay to promote their products on its marketplace. Now, when businesses pay for this, their products could be promoted on either Amazon or on Pinterest.
What made those ads special is that they were image-based, meaning that they looked like part of Pinterest’s natural image-browsing experience, and didn’t feel like interruptions. This deal is part of Amazon’s strategy to grow its advertising services segment, which has quickly become one of Amazon’s largest and fastest-growing business segments. In fact, in Q4 of 2023, Amazon’s advertising services revenue was $14.6 billion, a 27% year-over-year growth.
In comparison, Pinterest’s Q3 total revenues were just $763 million. This deal is important to investors in PIN stock since it can grow and add revenue streams for the company. But when Pinterest first announced the partnership, it made it clear that its benefits won’t be felt right away. The company stated that the partnership will be implemented over multiple quarters and be rolled out in early 2024.
Even though the effects aren’t immediate, the partnership is still an amazing revenue-boosting catalyst for Pinterest, simply because Amazon’s ad business is 1,800% bigger than Pinterest’s entire business. This means that Amazon’s ad inventory is way larger than Pinterest’s, and the larger supply of ads on Pinterest’s platform could boost the price Pinterest charges per ad.
A higher ad inventory also means that Pinterest can show more relevant ads to its users. With increased accuracy and relevancy, the ads’ performance will improve resulting in more product sales and in turn, potentially creating more demand from advertisers. In addition to that, the partnership can help increase Pinterest’s profit margins since the ads come from Amazon’s customers, and this means that Pinterest will spend less on sales and marketing.
Without this partnership, Pinterest would have to try to convince Amazon merchants to advertise on its platform – spending time and money on outreach. But thanks to its deal with Amazon, the advertising will happen automatically without Pinterest having to convince anyone.
More to Come?
Since the announcement at the end of April, PINS stock has increased roughly 61%. The results of the partnership have led some investors to take a second look at the stock, especially now that the company has announced a Google Ad deal as well
According to Thomas Champion, a Piper Sandler analyst, about 50% of Pinterest’s monthly active users which amounts to around 482 million people, are shoppers with about 60% vertical overlap to Amazon.
To give you an idea of how huge this is, you should know that if these users click on just one Amazon ad per month, Pinterest could earn about $124 million in incremental revenue, which would translate into a 4% increase in total revenue growth in 2024.
Now that Pinterest has announced the third-party ad integration with Google, it will focus on monetizing some of its international markets. This is important because of the notable ARPU gap between Europe and the US for Pinterest. While its not abnormal for their to be a gap between these two markets, Pinterest’s gap is twice as large as Meta.
As is, approximately 80% of Pinterest’s users are outside the US, but these users account for only 20% of its revenue. As of Q3 2023, its ARPU was just $1.61 likely because its average revenue per user outside of the US is just $0.12.The partnership with Google offers an opportunity to capitalize on these undermonetized markets and also introduce a mix of ad categories outside of retail. PINS’ CEO, Bill Ready, sees this as an opportunity to increase its ARPU internationally but even if it is successful it will take some time before its results bear fruit.
In light of this partnership, there are now multiple reasons to be bullish on PINS stock. Pinterest has just recently started to reap the benefits of its Amazon partnership, showing a remarkable improvement in ad relevance, a 50% increase in search relevance, and an impressive 100% boost in related items. Given how successful this partnership is proving to be, the outlook for PINS stock is significantly brighter since the effects of its Google partnership has yet to be reflected.
Outlook for PINS Stock
Pinterest’s main goal for 2024 is to expand its user base beyond 500 million monthly active users. This would result in consistent revenue growth and with further implementation of third-party ads, it will also help users view Pinterest as a place to shop rather than just a place for moodboards.
As is, the company reported global monthly active users of 498 million at its Q4 2023 earnings. While this represents an 11% increase YoY, the company’s journey towards monetization has not met the expectations of analysts. The company missed revenue expectations by $10 million despite reporting a beat on EPS. Its expectations for Q1 2024 were also less than expected with revenue in the range of $690 – $705 million, for 15-17% growth YoY.
Part of the problem is its Global ARPU which amounted to $2.00 in Q4 2023. While ARPU reached $8.07 in the US and Canada, the rest of the market – excluding Europe – was just $0.15.
Comparatively, the majority of Facebook’s new users come from outside the US, but it still achieved $13.12 in global average revenue per user in Q4. In the US and Canadian market, Facebook’s APRU reached $68.44 while Asian markets achieved $5.52 and the rest of the world had an ARPU of $4.50.
If Pinterest increases its monthly active users and uses these ad partnerships to increase its ARPU, it could significantly increase its revenue since it has a notable advantage over other platforms. Facebook users want a social media platform and therefore see ads as invasive, whereas Pinterest’s central role is to find inspiration for things users want to buy which makes ads an almost seemless integration.
As Pinterest works to tackle its low-engagement problem by shifting users towards the mobile app, improving personalization, and acquiring relevant content, the outlook for PINS stock appears particularly bullish.
Over the last three months, EPS estimates have been revised upward two times, compared to one downward revision, while revenue estimates have seen nine upward revisions versus one downward move.
This is partly because Pinterest as a business already functions well. Over the last two years, it has beaten EPS estimates 88% of the time, and has beaten revenue estimates 75% of the time. The stock also gained nearly 48% in the last year, outperforming a 20% gain in the broader S&P 500 Index.
Pinterest’s balance sheet gives another reason for confidence. As is, it has no debt and more than $2 billion of cash and cash equivalents. Thanks to its healthy balance sheet, there might be some potential there for significant M&A deals in the future.
There’s also the fact that Pinterest’s fastest growing and most engaged user group is Gen Z, and this is a particular area of strength for the platform since it could help keep Pinterest relevant going forward.
Risks
Even though this all sounds very bullish for PINS stock, the company is still facing some challenges that need to be addressed quickly.
As some analysts have noted, this earnings season has led to questions of whether smaller platforms like Pinterest and Snapchat (NYSE: SNAP) are at a structural disadvantage in what “increasingly looks like a winner-take-most digital ad landscape”. Alphabet and Meta have the firepower to take up most of the ad space while smaller players are left in the dust.
Despite these fears, PINS management is confident that there is more room to grow in this aspect, while others are unconvinced that PINS can achieve the metrics necessary. There is also the risk that Pinterest becomes too reliant on Amazon and Google for advertising. If these partnerships were to end, it would leave Pinterest high and dry if it neglects its own advertising efforts.
The continuous evolution of digital advertising could trigger a shift away from relying on third-party cookies to track and target users. As this happens, Pinterest must invest in new technologies to stay ahead in terms of privacy-safe measurement tools and relevancy in ad delivery.
PINS Stock Forecast
Currently trading at 40x this year’s EBITDA, PINS stock is not the great catch it was when the deal with Amazon was first announced. But the deal with Google could give it a second wind, helping justify this premium.
With all of this in mind, the current PINS stock price reflects the market’s recognition of Pinterest’s potential. The dip following its lackluster Q4 results could be an opportunity for bullish investors who believe that these partnerships, and new ones that could come in the future, will help PINS conquer a valuable share of the ads market.
PINS Pinterest Options Ahead of EarningsIf you haven`t sold PINS ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week,
I would consider purchasing the 38usd strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Pinterest Faces Uphill Battle as Ad Revenue Slips
Pinterest ( NYSE:PINS ) experienced a significant setback, with its stock dropping over 10% after its first-quarter revenue forecast fell slightly below investor expectations. This decline underscores the intense competition among social media platforms for a share of the lucrative advertising market. While industry giants like Meta (META.O) and Alphabet's (GOOGL.O) Google continue to dominate, smaller players like Pinterest are left scrambling for their piece of the pie.
Struggle for Ad Dollars
The dip in Pinterest's ( NYSE:PINS ) stock value highlights the ongoing struggle smaller social media platforms face in competing for advertising revenue. Meta and Google's strong advertising sales showcase their ability to capitalize on the post-pandemic ad rebound, leaving platforms like Pinterest ( NYSE:PINS ) and Snap ( NYSE:SNAP ) fighting for the remaining ad dollars. This dynamic puts pressure on smaller players to innovate and find new ways to attract advertisers amidst fierce competition.
Impact on Revenue
The revenue decline experienced by Pinterest mirrors a broader trend affecting ad-reliant companies, including Snap, New York Times (NYT.N), and Fox (FOXA.O). The slowdown in advertising sales during the October-to-December quarter underscores the challenges these companies face in maintaining revenue growth in an increasingly competitive landscape. Despite efforts to diversify revenue streams, reliance on advertising remains a key vulnerability for platforms like Pinterest.
Gen Z Appeal
Pinterest's ( NYSE:PINS ) growing popularity among Gen Z, which comprises over 40% of its user base, highlights its potential to capture younger demographics coveted by advertisers. However, challenges in monetizing this user segment, particularly in the face of competition from larger platforms, pose significant obstacles to Pinterest's revenue growth. The platform must leverage its unique appeal to Gen Z while navigating the broader challenges of the advertising market.
Market Reaction and Analyst Sentiment
The sharp decline in Pinterest's stock value underscores investor concerns over its ability to compete with tech giants like Meta and Google. Despite the revenue miss, Wall Street analysts remain cautiously optimistic, with many raising their price targets for Pinterest ( NYSE:PINS ) stock. However, the platform's relatively high forward earnings estimate multiple compared to rivals like Snap and Meta suggests ongoing skepticism regarding its ability to deliver sustained growth in the face of stiff competition.
Conclusion
Pinterest's ( NYSE:PINS ) recent struggles highlight the daunting challenges facing smaller social media platforms in the battle for advertising revenue. As industry giants continue to dominate the market, platforms like Pinterest must innovate and adapt to remain competitive. While its appeal to Gen Z offers a potential avenue for growth, navigating the increasingly crowded advertising landscape will require strategic vision and agility. Only by differentiating itself and effectively monetizing its user base can Pinterest ( NYSE:PINS ) hope to carve out a sustainable niche in the ever-evolving world of digital advertising.
PINS, STRIKE, SPARE OR GUTTER BALL? YOU DECIDEThe important stuff kept quick.
Yellow line = guideline, one of many possible outcomes, helps me with backtracking, it should not be followed, instead focus on trends and price targets
Green = support, expect bounces
Support trends = 1 weak short term support likely to fail, but backed up with a much stronger trend. Weekly RSI dropping, Likely only one decent move to the upside left. IMO, lots of risk in bullish positions where profits aren't quickly taken.
There is downside showing all the way to $12.
There is upside showing to $54, but 43 and 48 are more likely.
Good luck!
These PUTS are getting very PINTERESTINGPinterest appears to be topping out and here is an Analysis that gives us some potential downside targets if price decides to keep pushing lower.
Beware of a potential exhaustion push up from the current position.
Will be keeping an eye on this one closely for some Put Contracts.
Not Financial Advice - this is for educational purposes only.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in PINS
BUY TODAY SELL TOMORROW for 5%
Pinterest in a bullflag wedge? As we can see, pinterest is in a bullflag wedge pattern. Breakout will determine direction.
MACD also looks like it is going to have a bullish crossover. DMI has bullish momentum.
Use a stoploss please!
PINS EARNINGS PLAY (BEAR BULL)Here's my PINS chart, I tried to label everything, but if you're bearish, you're looking at $22 post earnings, if you're bullish you're probably looking at $29-$32, if it does manage to push $37, it's going to be quick in the AH and you won't have time to sell calls the next day.
Personally, after seeing FB/META along with Elon's recent tweet about ad revenue and Twitter users, I think PINS is an obvious choice to see a nice run-up followed by a crash. I like the price 26.11 and I like that price on Monday Pre-Market, I think it heads up to $29 before close and hits $32 in the AH, before heading down to $27.
PINS MonthlyBlue Sapphire likes Pins.
Can Pinterest get back to $60 by EOY'25? Current Cup+Handle forming likely leading to higher future prices if they can grow their user base and maintain their RPU.
PINS: Can it hit the target?PINS had made a long and painful journey so far to break above and stay above $30 and now eyeing to break $35. But it is running out of gas very quickly. The rally since October has been phenomenal. But, to validate an expanding and very whacky leading diagonal structure, price needs to hit $36.74 or above. This year and a half long channel have been very tough to trade, but if you were able to catch the sharp moves, it has been extremely profitable. I have found options trading, specially selling some kind of butterfly fairly low risk. For now, I will eagerly wait to see if the target hits. And if it does hit, then, the chance is, we will see a very sharp retrace to give up majority of the gain to test or even to break the bottom of the channel. Somewhere between $18 - $20 zone would be ideal to make some long term purchase. I think PINS will do well in any recessionary environment where people will looks for deals or a move away from big box stores to local vendors where PINS can be the perfect match maker. It is strongly positioned for a very long existence, unless something unforeseen happens. Look for a W pattern or double bottom or Adam and Eve pattern, whatever you may call it; in the next months.
Pinterest Long BuyLooking for a retest of previous resistance at 28 for an entry with a target of 37. Risking a weekly close below 26. This give over a 5:1 R/R.
Long interest in PinterestTrading Idea: Buy Pinterest Stock for Short-Term Gain
In the past month, Pinterest's stock price has increased by 14.55%, making it an attractive option for short-term investors with a somewhat high risk tolerance. The trading idea is to buy Pinterest stock (PINS) based on the provided facts.
Pinterest, Inc. has reported a total of $1.12 billion in short-term investments, indicating a strong financial position. Additionally, the company has a gross profit ratio of 77.59%, which measures how efficiently and effectively a company performs by dividing its gross profit by its total net sales. A high gross profit ratio suggests that Pinterest is performing well.
Furthermore, Pinterest has a low net debt of $-1 billion this quarter, indicating that the company has a solid financial foundation. Net debt is calculated by subtracting a company's total cash and cash equivalents from its total debt. A low net debt indicates that Pinterest has more assets than liabilities.
In terms of net income ratio, Pinterest is currently at 0.882%, which is a positive sign for investors. The net income ratio measures the profitability of a company by dividing its net income by its total net sales. A high net income ratio suggests that Pinterest is generating significant profits.
Overall, this trading idea fits a short investment horizon and a somewhat high risk tolerance. By investing in Pinterest stock, investors can take advantage of the company's strong financial position, solid gross profit ratio, low net debt, and positive net income ratio.
Technical Outlook
Pinterest bulls are focused on pushing the stock past a key resistance level at $29.22 as their next upside milestone, as long as they maintain their dominance. The bulls have been in control as indicated by the Commodity Channel Index (CCI) indicator, which is currently above +100, signifying that the market price is unusually high.
In today's trading session, Pinterest continued its upward trend, gaining a further 0.72% and reaching a stock price of $30.94. This marks the seventh consecutive day of gains for the stock.
Over the past five days, Pinterest's share price has appreciated by around 25.34%, outperforming the Nasdaq by a significant margin of 790.4% so far this year. The company has a market capitalization of $20.86 billion.
On Friday, the stock saw 12.93 million shares traded, slightly below the multi-day average of 13.53 million.
In technical analysis, Pinterest is currently rated as "Neutral" during this positive session, gaining 22 cents, or 0.72%. The CCI indicator, showing the market price is unusually high, supports the bullish sentiment.
Other notable movements in the market include a 1.39% increase in Alphabet, with a closing price of $130.37, a 1.6% increase in Comcast, and a 1.8% increase in Netflix on Friday.
It's PINS time😉Breakthrough level of resistance and long shuffling.
Entry in the Resistance Breach, Goal 50$
Not a recommendation of course, my opinion only!
Pinterest's Price Momentum (NYSE: PINS)Shares of visual search and idea platform Pinterest (PINS -1.17%) skyrocketed on hours ago, following the company's third-quarter earnings report. While its stronger-than-expected third-quarter results and robust fourth-quarter revenue guidance were obviously key to the tech stock's big move higher, there was likely more behind the move than the details provided in the earnings release. For instance, investors may want to listen to Pinterest's earnings call to see if there was even more bullish information shared by management during the call.
The call was packed with useful information for investors -- and some good reasons to be bullish. Here are the two must-see takeaways from the call.
1. The advertising market is stabilizing
During times of uncertainty, investors look for management to provide clues that the macroeconomic environment isn't deteriorating. From Pinterest's view, it isn't. Indeed, advertiser demand seems to be stabilizing.
One way this is showing up is the trend the company is seeing in its average price of ads. Though ad prices on its platform were down 12% year over year, this was a huge improvement from 20% year-over-year declines in pricing last quarter. Management said this was driven by a combination of "industrywide demand stabilization" and the company's artificial intelligence-driven efficiencies gained across its ad stack during the quarter.
2. AI is becoming integral to Pinterest's business
One of the most repeated keywords during the call was artificial intelligence (AI).
"We continue to use AI to improve the relevance and personalization of our content recommendations and satisfy user intent on our platform through improved shopping experiences," said Ready.
In one example of how Pinterest is using AI, it's pairing it with large language models "to more precisely link product metadata to user queries to show ads that are visually and contextually relevant," Ready said. Doing this "drove meaningful improvements across cost per click and cost per action and better ads relevance."
With Ready calling AI a "great source of strength" for the company, investors should expect Pinterest to continue investing in it. Fortunately, it looks like it's already additive to the company's business performance; so shareholders are in the fortunate position of being able to see results from these investments quickly.
Pinterest's momentum in AI, a stabilization in advertiser demand, and its improving differentiation as a place for a unique and seamless shopping experience position the company well for a potentially solid fourth quarter and a strong 2024. With momentum like this, Pinterest's top-line growth could continue accelerating.
No wonder shares surged higher this week.
