PINS Earnings: Elliott's involvement confirmed!

Pinterest posted disappointing results and gave guidance that missed expectations, but user numbers were better than expected. After the results, activist investor Elliott Management confirmed that it is the company’s top investor, with the stock popping 21% after hours... Thoughts on PINS earnings & Elliott's involvement? Share to win coins!

User Discussion

avatarbernardtayet
2022-08-08
$Pinterest, Inc.(PINS)$ , with Elliott Management as major investor, instill confidence in the company, especially the comments on the smooth transition from previous leadership. The new leadership is likely to turn around the company, reduce losses andinto greater growth and profitability. Brighter future lies ahead. It is a stock worth monitoring and hope to buy some of the shares if there is any dip due to market volatile conditions. Invest for mid term time frame perhaps. Sharing my opinion only. Not advice on investment. Best regards 
avatarStickyRice
2022-08-07
Surging Spotify, Pinterest and Alphabet have boosted this social media ETFAn earnings-related pop in shares of Spotify (NYSE:SPOT) gave a lift to the Global X Social Media ETF (NASDAQ:SOCL). The exchange traded fund, which focuses on social media investments, also received a boost from a rally in Pinterest (NYSE:PINS) and Alphabet (GOOG) (GOOGL).SOCL is +3% and has the largest stake amongst any ETF on the market in SPOT and PINS.SPOT, the music and podcast streaming service rallied 15.1% early Wednesday following the release of its quarterly results.SOCL also has a significant holding in PINS, which is +9.1% on the day.SPOT sits as SOCL’s ninth most significant weighting, representing 4.67% of the net assets inside of the ETF. PINS on the other hand is the fund's tenth most prominent posit
avatarStickyRice
2022-08-06
Wait a little bit longer for buying PINSPinterest (NYSE:PINS) $Pinterest, Inc.(PINS)$is a social media company that allows users to share and discover ideas through pictures and videos, currently with global monthly active users of over 430 million. Pinterest was one of the winning stocks from the pandemic. The company saw its share price rise from $12.2 in March 2020 to over $85 in February 2021, up 600% within just a year. This can be attributed to the worldwide lockdown which significantly boosted the company’s MAU (monthly active users) and engagement rate, as a lot of people turned to Pinterest to find ideas for cooking recipes, knitting patterns and etc., as they are stuck at home. Yet, as the pandemic wanes and the lockdown eases, investors
avatarStickyRice
2022-08-05
Pinterest Q2 Results: The Power Of Low ExpectationsPinterest (NYSE:PINS) $Pinterest, Inc.(PINS)$is a leading global social media platform with a mission to 'bring everyone the inspiration to create a life they love'. Its platform is used by 'Pinners' to discover ideas and be inspired, whether that's looking for your next favorite outfit or deciding how you want to remodel your kitchen.It's been a difficult year for Pinterest shareholders, with the stock down 65% from its 52-week high & 75% from its all-time high back in early 2021. This has been driven by a combination of factors, but the primary concern from Wall Street was Pinterest's apparent haemorrhaging of MAUs (monthly active users). On the face of it, these were not brilliant results f
avatartoweceed
2022-08-04
avatarGackky
2022-08-03
drop or rise. if i know, i will be 🤑 
avatarStickyRice
2022-08-03
Pinterest: Stabilizing users, alignment with top investor are prioritiesPinterest's (NYSE:PINS) $Pinterest, Inc.(PINS)$investors enjoyed a post-market relief rally, Monday, as the company's shares climbed more than 21% in after-hours trading following an earnings report where revenue was in line with expectations, the company forecast modest third-quarter growth, and top investor Elliott Management expressed support for Bill Ready, the company's new chief executive.Ready took Pinterest's (PINS) top executive job over a month ago, and on his first quarterly conference call, he said he joined the company because it "offers people a digital experience that is genuinely unique and positive, because we've only just begun to tap into the possibility tha
avatarStickyRice
2022-08-03
Pinterest results 'not good on an absolute basis,' rally largely due to short squeeze - UBSUBS analyst Lloyd Walmsley argued Tuesday that results from Pinterest (NYSE:PINS)$Pinterest, Inc.(PINS)$were underwhelming, despite a post-earnings rally in the social media company's stock.In an interview with CNBC, Walmsley attributed the 18% surge PINS saw in premarket trading to low expectations and a short squeeze. He noted that the firm "is still seeing growth slow quite a bit.""The numbers were demonstrably better than any conversation that we've had with investors but they're not good on an absolute basis," he said.The UBS analyst also pointed to general relief as part of the upswing in Pinterest shares, with investors primed to expect a weak quarter
avatarpekss
2022-08-02
Social media platforms have been facing much headwinds lately due to slowing demands, regulatory restrictions like privacy laws and growing competitions. Hopefully, Elliott will bring about strategic changes and new ideas /innovations to $Pinterest, Inc.(PINS)$to reinvent its business, improve its user experience and streamline its cost structure, and hence create and unlock values for all shareholders of the company.
avatarStickyRice
2022-08-02
Pinterest climbs 21% as revenue comes in as expected, Elliott offers backingPinterest (NYSE:PINS) $Pinterest, Inc.(PINS)$shares surged more than 21% in after-hours trading Monday after the image sharing and social-media company forecast mild third-quarter revenue growth and received some praise from its single-largest shareholder.After U.S. stock markets closed, Pinterest (PINS) said in a statement that it expects its third-quarter sales "will grow [in the] mid-single digits on a year percentage basis." Pinterest (PINS) also said it sees expenses growing, and forecast operating expenses will grow in the low double digits on a quarter-over-quarter basis.The outlook helped ease any immediate concerns about Pinterest's (PINS) second-quarter results i
avatarsunshineboy
2022-08-02

Pinterest: Too Many Reasons To Keep Buying

Summary Pinterest soared after releasing second-quarter earnings. The rally is not over - the stock is trading too cheaply in spite of slowing growth. The company has 20% of its market cap represented by net cash and is generating robust cash flows. With the stock trading at 4.5x sales, the stock is primed for great upside. sematadesignPinterest (NYSE: PINS) soared after reporting earnings that quelled the concerns of Wall Street. While the social media company continues to struggle keeping users gained during the pandemic, the results were “good enough” and showed that the app retains relevance even as users spend more time away from their mobile devices. The stock has gotten so cheap that it trades lower than pre-pandemic levels even though the company retains a cash-rich balan
Pinterest: Too Many Reasons To Keep Buying
avatarskythelimit
2022-08-02
Shorts are getting desperate. Over 2.5 billion in annual revenue!! Over 2.5 billion in CASH!! New CEO from Google!! New e-commerce focused platform!! Elliott Management spending big money to be the largest shareholder! Future is BRIGHT!!Going to $25+ tomorrow, and up to the 200ma at $29-30 by end of next week. Enjoy the ride. No clear resistance until up near $30 (again, around the 200ma is obviously going to provide a ceiling of sorts).$Pinterest, Inc.(PINS)$
avatarNanamoney
2022-08-02
$Pinterest, Inc.(PINS)$wow post market close 24.27 [Happy] what will be the premarket later on ? 

PINS's Q2: How important could a Major shareholder be?

$Pinterest, Inc.(PINS)$ released Q2 financial report after close of August 1. Although double miss, it did not plunge as last week's Facebook$Meta Platforms, Inc.(META)$And$Snap Inc(SNAP)$, An important reason is the support of Elliott, a new major shareholder.For Q2 performance Revenue was US $666 million, up 8.6% year-on-year, almost the same as expected; The adjusted EBITDA was US $92 million, down 48% year-on-year, which was worse than the expected US $128 mi
PINS's Q2: How important could a Major shareholder be?
avatarJessemyne
2022-08-02
$Pinterest, Inc.(PINS)$[Grin] [Grin] [Grin] 
avatarJL28168
2022-08-02

Shopify, Pinterest, and Block Stocks Up...

There are signs of improvement in the beleaguered economy.E-commerce platform provider $Shopify(SHOP)$‌ (SHOP 4.62%) jumped as much as 7.5%, visual discovery engine  ‌$Pinterest, Inc.(PINS)$‌(PINS 2.62%) climbed as much as 4.1%, and $Block(SQ)$‌(SQ 2.30%) rose as much as 3.9%. By the end of the trading day, the trio was still trading higher, up 4.7%, 2.7%, and 2.3%, respectively.So what The U.S. economy has experienced its second successive quarter of contracting economic activity, which technically meets the definition of a recession -- but not all economists agree. Some argue that the strong jobs market and low unemployment offer proof that this "recession" is an ano
Shopify, Pinterest, and Block Stocks Up...
avatarK74
2022-08-02
$Pinterest, Inc.(PINS)$Late to the party again?