AptitudeFinancialAdvisory

PINS - January 31, 2021

Long
NYSE:PINS   Pinterest, Inc.
PINS is reporting earnings Feb. 4th, and has developed a loyal fan base and delivered rising profits to its investors. Its proven track record and broad, largely untapped user base gives Pinterest unrivaled growth potential in the social media space. Their model has taken the user base to 442 million monthly active users (MAUs) as of the end of the third quarter, up 37% year over year. Pinterest has helped to turn some of this growth into revenue by partnering with Shopify. PINS has been in a tight range consolidating below the 75 level, and has the opportunity to push higher on a strong earnings beat.

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