Name of opportunity: 👀
Pinterest, Inc
Where people share the things they love: 😍
One aspect of Pinterest that analysts have been highlighting is the fact that while many comparative platforms rely on data-tracking to store information about users, Pinterest works differently. In the future its competitors may no longer be able to supply advertisers with data about their users' habits and interests.
However, this is Pinterest’s modus operandi - the way people use this highly popular app is by saving or reposting images that they find beautiful, informative or that are a source of inspiration to them, meaning that each user becomes connected to the keywords they used to find these images.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Pinterest, Inc. will increase from $33.50 to $45.87 in the next 12 months. If you invested $1000, you might profit $349.88 - potentially quite a substantial return on your investment.
One reason why analysts are recommending Pinterest is that the company’s global monthly active user count has been steadily growing - in fact, it reached 522 million active users in the quarter that ended in June. That same quarter, Pinterest’s average revenue per user grew by 8%. This all adds up to the platform being a great choice for advertisers looking to promote their business.
Lastly, the company is in a strong financial position, with an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) over the past twelve months of $135.4 million - a good indicator of profitability. Over the past twelve months, Pinterest’s gross margin - the percentage of revenue left over after deducting costs - has been 78.58%, a figure that is regarded as very healthy.
Super snaps: 📸
Pinterest, Inc. (Pinterest) is a visual discovery engine company. On Pinterest, people discover and personalise visual content, which is called Pins. Pins are created when Pinners, creators and businesses create new content for or save existing web content to its platform. Shopping is integrated into the platform, meaning that users who are looking for product inspiration can buy there and then.
Which neme?: 🔍
Look directly for Pinterest
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