Pinterest, Inc. (NYSE: PINS) is a visual discovery platform that allows users to find and save ideas for various interests and projects. Pinterest generates revenue primarily through advertising, offering businesses a platform to reach consumers based on their interests and intent.
Key Takeaways:
- Pinterest’s stock price is projected to experience significant growth over the next three decades.
- Factors such as user base expansion, revenue diversification, and technological advancements will play crucial roles in driving the stock’s value.
- The company’s ability to adapt to changing market conditions and consumer preferences will be essential for sustained growth.
- Long-term investors may find Pinterest an attractive option for portfolio growth.
Overview of Pinterest, Inc.
Pinterest, Inc. is a visual discovery engine that allows users to find inspiration for their interests, including recipes, home and style ideas, travel destinations, and more. The company was founded in 2010 by Ben Silbermann, Paul Sciarra, and Evan Sharp. Since its inception, Pinterest has grown to become a global platform with millions of active users worldwide.
Key milestones in Pinterest’s history:
- 2010: Pinterest is founded
- 2011: The company launches its first mobile app
- 2012: Pinterest raises $100 million in funding, valuing the company at $1.5 billion
- 2015: Pinterest introduces Buyable Pins, allowing users to purchase products directly through the platform
- 2019: Pinterest goes public, listing on the New York Stock Exchange (NYSE) under the ticker symbol PINS
Pinterest, Inc. Company Profile
| Country | United States |
| Ticker Symbol | PINS |
| Exchange | NYSE |
| Founded | 2010 |
| IPO Date | 2019 |
| Industry | Internet Services |
| Sector | Technology |
| Employees | 4,149 |
| CEO | Bill Ready |
| Market Cap (July 26, 2024) | $25.65 billion |
| Website |
Pinterest, Inc. (PINS) Balance Sheet Analysis
Pinterest, Inc. (NYSE: PINS) reported a solid financial position for the fiscal year ending December 31, 2023. The company’s balance sheet showed total assets of $3.59 billion, a slight decrease from $3.86 billion in 2022. Total liabilities were $0.50 billion, down from $0.58 billion the previous year.
The company’s equity stood at $3.09 billion, reflecting a minor decline from $3.28 billion in 2022. Pinterest maintained a strong liquidity position with working capital of $3.02 billion, indicating its ability to meet short-term obligations.
Net tangible assets were $2.97 billion, while total debt remained low at $0.20 billion, consisting primarily of capital lease obligations. This conservative debt profile suggests financial stability and flexibility for future growth initiatives.
With 678 million shares issued, Pinterest’s balance sheet reflects a company with a robust financial foundation. The absence of long-term debt beyond lease obligations, coupled with substantial working capital, positions the company well for ongoing operations and potential strategic investments.
Balance Sheet Data Source: finance.yahoo
Pinterest, Inc. Stock Price History
Pinterest, Inc. (NYSE: PINS) had its IPO in the year 2019. Pinterest, Inc. reached its all-time high stock price of $89.90 on February 16, 2021.
As of August 26, 2024, the price of Pinterest stock stands at $31.70.
Pinterest Stock Price Forecast 2024
In 2024, Pinterest is expected to focus on enhancing its advertising platform, improving targeting capabilities, and expanding its e-commerce features. The company may also invest in artificial intelligence to better understand user behavior and preferences, potentially leading to increased user engagement and ad revenue. These initiatives could drive moderate growth in the stock price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $29.43 | $41.31 | $51.64 |
We project a potential growth of 10% from the current price of $37.55, reaching an average price of $41.31 by the end of 2024.
Pinterest Stock Price Forecast 2025
Pinterest’s efforts in 2025 may center around international expansion, particularly in emerging markets. The company could introduce localized content and features to attract users in new regions. Additionally, Pinterest might explore partnerships with major retailers to strengthen its position in social commerce, potentially boosting investor confidence and driving stock price growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $45.44 | $47.51 | $61.76 |
We project a growth of 15% from the 2024 average price, reaching $47.51 in 2025.
Pinterest Stock Price Forecast 2026
In 2026, Pinterest may focus on diversifying its revenue streams. This could include the introduction of subscription-based services for power users or businesses, as well as expanded e-commerce capabilities. The company might also invest in augmented reality features to enhance the user experience and provide new advertising opportunities, potentially driving stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $51.31 | $53.70 | $67.13 |
We anticipate a growth of 13% from the 2025 average price, with the stock reaching $53.70 in 2026.
Pinterest Stock Price Forecast 2027
Pinterest’s strategy in 2027 may involve leveraging big data and machine learning to offer more personalized experiences for users and more effective targeting for advertisers. The company could also explore integration with smart home devices and voice assistants, opening up new avenues for user interaction and advertising. These innovations may contribute to continued stock price growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $57.47 | $60.14 | $78.18 |
We project a growth of 12% from the 2026 average price, reaching $60.14 in 2027.
Pinterest Stock Price Forecast 2028
In 2028, Pinterest might focus on strengthening its position in the creator economy. This could involve introducing new tools for content creators, expanding monetization options, and fostering a more vibrant community on the platform. The company may also invest in advanced analytics to provide businesses with more comprehensive insights, potentially driving advertiser spending and stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $64.95 | $68.00 | $85.00 |
We anticipate a growth of 13% from the 2027 average price, with the stock reaching $68.00 in 2028.
Pinterest Stock Price Forecast 2029
Pinterest’s efforts in 2029 may center around integrating emerging technologies such as virtual reality and 5G connectivity. These advancements could enable more immersive user experiences and open up new advertising formats. The company might also explore strategic acquisitions to expand its capabilities or user base, potentially driving investor interest and stock price growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $73.44 | $76.84 | $99.89 |
We project a growth of 13% from the 2028 average price, reaching $76.84 in 2029.
Pinterest Stock Price Forecast 2030
By 2030, Pinterest may focus on further integrating AI and machine learning across its platform. This could include advanced content recommendation systems, automated ad creation tools, and predictive analytics for businesses. The company might also explore new verticals, such as education or professional development, to diversify its user base and revenue streams. The Adobe stock forecast suggests a similar trend in AI integration, mirroring Pinterest’s potential focus on AI and machine learning across its platform by 2030.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $82.25 | $86.06 | $107.58 |
We anticipate a growth of 12% from the 2029 average price, with the stock reaching $86.06 in 2030.
Pinterest Stock Price Forecast 2031
In 2031, Pinterest might concentrate on enhancing its social commerce capabilities. This could involve developing more sophisticated shopping features, improving visual search technology, and expanding partnerships with brands and retailers. The company may also invest in blockchain technology for secure transactions and content authentication, potentially boosting user trust and advertiser confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $93.76 | $98.11 | $127.54 |
We project a growth of 14% from the 2030 average price, reaching $98.11 in 2031.
Pinterest Stock Price Forecast 2032
Pinterest’s strategy in 2032 may involve leveraging advanced data analytics and predictive modeling to offer more targeted and effective advertising solutions. The company might also explore integration with smart city technologies, providing location-based discovery and advertising opportunities. These innovations could potentially drive revenue growth and stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $106.03 | $110.87 | $138.59 |
We anticipate a growth of 13% from the 2031 average price, with the stock reaching $110.87 in 2032.
Pinterest Stock Price Forecast 2033
In 2033, Pinterest may focus on further personalizing the user experience through advanced AI and machine learning algorithms. This could include more sophisticated content curation, improved visual recognition technology, and enhanced user behavior prediction. The company might also explore new formats for advertising, such as interactive or gamified ads, to increase engagement and effectiveness.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $120.86 | $126.39 | $164.31 |
We project a growth of 14% from the 2032 average price, reaching $126.39 in 2033.
Pinterest Stock Price Forecast 2034
Pinterest’s efforts in 2034 may center around expanding its ecosystem. This could involve developing a suite of tools for businesses, from content creation to analytics and customer relationship management. The company might also explore integration with other platforms and services to create a more seamless user experience across different aspects of digital life.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $136.57 | $142.82 | $178.53 |
We anticipate a growth of 13% from the 2033 average price, with the stock reaching $142.82 in 2034.
Pinterest Stock Price Forecast 2035
As Pinterest looks to leverage quantum computing and neuromorphic chips for AI enhancement by 2035, it may follow growth patterns similar to those outlined in the Amazon stock prediction. This could lead to unprecedented levels of personalization and predictive accuracy. The company might also explore new frontiers in visual search and recognition, potentially revolutionizing how users interact with visual content online.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $155.67 | $162.81 | $211.65 |
We project a growth of 14% from the 2034 average price, reaching $162.81 in 2035.
Pinterest Stock Price Forecast 2036
In 2036, Pinterest might concentrate on further integrating with the Internet of Things (IoT) ecosystem. This could involve developing features that allow users to interact with Pinterest content through various smart devices in their homes and workplaces. The company may also explore advanced haptic feedback technologies to create more immersive browsing experiences.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $175.91 | $183.97 | $229.96 |
We anticipate a growth of 13% from the 2035 average price, with the stock reaching $183.97 in 2036.
Pinterest Stock Price Forecast 2037
Pinterest’s strategy in 2037 may involve developing more sophisticated creator tools, potentially including AI-assisted content creation and editing features. The company might also explore integration with brain-computer interfaces, allowing for more intuitive and seamless user interactions. These innovations could open up new possibilities for user engagement and advertising, potentially driving stock price growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $200.53 | $209.73 | $272.65 |
We project a growth of 14% from the 2036 average price, reaching $209.73 in 2037.
Pinterest Stock Price Forecast 2038
In 2038, Pinterest may focus on further expanding its role in e-commerce, potentially developing its own virtual marketplace or currency. The company might also invest in advanced natural language processing to improve search capabilities and user interactions across multiple languages and cultures. These developments could strengthen Pinterest’s global position and drive continued stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $226.60 | $237.00 | $296.25 |
We anticipate a growth of 13% from the 2037 average price, with the stock reaching $237.00 in 2038.
Pinterest Stock Price Forecast 2039
Pinterest’s efforts in 2039 may center around leveraging advanced biotechnology and neuroscience insights to create more engaging and personalized user experiences. This could involve developing interfaces that respond to users’ emotional states or cognitive patterns. The company might also explore integration with augmented reality contact lenses or similar wearable technologies.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $258.32 | $270.18 | $351.23 |
We project a growth of 14% from the 2038 average price, reaching $270.18 in 2039.
Pinterest Stock Price Forecast 2040
Pinterest’s 2040 outlook involves emerging technologies like holographic displays and haptic feedback, reminiscent of the technological adaptations discussed in the Exxon Mobil price outlook. This could create more immersive and interactive experiences for users, potentially revolutionizing how people discover and interact with visual content. The company might also explore new frontiers in data storage and processing, such as DNA-based data storage.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $291.90 | $305.30 | $381.63 |
We anticipate a growth of 13% from the 2039 average price, with the stock reaching $305.30 in 2040.
Pinterest Stock Price Forecast 2050
Looking ahead to 2050, Pinterest may have transformed into a central hub for visual discovery and interaction in a highly advanced digital ecosystem. The company might leverage technologies we can only imagine today, potentially including direct brain-to-digital interfaces, quantum AI, or even space-based servers for global coverage. Pinterest’s role in commerce, entertainment, education, and social interaction could be vastly expanded.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2,450 | $2,800 | $3,640 |
We project the stock price to reach $2,800 by 2050, representing substantial growth from its current value.
Conclusion
Our analysis suggests that Pinterest’s stock has significant growth potential over the next three decades. We project the stock to reach $2,800 by 2050, representing a substantial increase in value. This growth is predicated on Pinterest’s ability to:
- Continuously innovate and adapt to changing market conditions
- Expand its user base and global reach
- Diversify revenue streams and improve monetization
- Maintain its relevance in the evolving digital landscape
- Capitalize on emerging technologies and trends
FAQs
1. What is the future of PINS share price?
According to the forecast provided, Pinterest’s stock price is expected to show steady growth over the coming years. The projections suggest a gradual increase from $41.31 in 2024 to $305.30 by 2040, with consistent year-over-year growth ranging from 12% to 15%. It’s important to note that these are long-term projections and actual performance may vary significantly due to market conditions and company performance.
2. What is the PINS share prediction for 2030?
The forecast for Pinterest’s stock price in 2030 is as follows:
- Low Price: $82.25
- Average Price: $86.06
- High Price: $107.58
The projection anticipates a 12% growth from the 2029 average price, reaching an average of $86.06 per share in 2030.
3. What is the PINS 10 year outlook?
Based on the provided forecast, the 10-year outlook for Pinterest stock from 2024 to 2034 shows consistent growth:
- 2024 average price: $41.31
- 2034 average price: $142.82
This represents a projected increase of about 245% over the 10-year period. The forecast suggests that Pinterest will continue to innovate in areas such as AI, machine learning, advertising technologies, and e-commerce integration, which could drive this growth.
4. Is PINS a buy hold or sell?
PINS could potentially be considered a “buy” or “hold” for long-term investors. Pinterest is expected to innovate and expand, including AI, machine learning, e-commerce integration, and emerging technologies. This focus on innovation could drive future growth. Other new revenue sources, such as subscription-based services and expanded e-commerce capabilities, which could strengthen the company’s financial position.
5. Who are the major competitors of PINS?
The major competitors of Pinterest, Inc. (NYSE: PINS) include:
- Meta Platforms, Inc. (NASDAQ: META) – The parent company of Facebook, Instagram, and WhatsApp, Meta competes with Pinterest in social media and digital advertising.
- Snap Inc. (NYSE: SNAP) – Known for its Snapchat platform, Snap Inc. is a significant competitor in visual content sharing and social media.
- Twitter, Inc. (formerly NYSE: TWTR) – Although now private, Twitter was a major player in social networking and digital advertising, often overlapping with Pinterest in user engagement.
- Alphabet Inc. (NASDAQ: GOOGL) – The parent company of Google and YouTube, Alphabet competes in digital advertising and content discovery through platforms like Google Search and YouTube.
- Etsy, Inc. (NASDAQ: ETSY) – A marketplace for unique and creative goods, Etsy competes with Pinterest in e-commerce, particularly with users who utilize Pinterest for shopping inspiration.
- Amazon.com, Inc. (NASDAQ: AMZN) – Through its vast e-commerce platform, Amazon competes with Pinterest in product discovery and online shopping, especially with its advertising services.
- Etsy, Inc. (NASDAQ: ETSY) – A marketplace for unique and creative goods, Etsy competes with Pinterest in e-commerce, particularly with users who utilize Pinterest for shopping inspiration.
- The Trade Desk, Inc. (NASDAQ: TTD) – A digital advertising platform that competes with Pinterest in the advertising technology space.
- Microsoft Corporation (NASDAQ: MSFT) – Through its LinkedIn platform, Microsoft competes with Pinterest in professional networking and digital advertising.
- Adobe Inc. (NASDAQ: ADBE) – Adobe’s Creative Cloud suite indirectly competes with Pinterest by providing tools for visual content creation, which users may share on platforms like Pinterest.
These companies represent a mix of social media platforms, digital advertising giants, and e-commerce businesses, all of which overlap with Pinterest’s business model and audience.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
