Pinterest stock: buy or sell

PINS stock price: $69.75 -1.71% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

Pinterest stock brief

  • After hitting new all-time highs last Wednesday, Pinterest closed last Friday at $69.75 falling a -1.71%
  • Pinterest stock price is just 9.27% below all-time highs
  • Price is drawing a scaled uptrend since March 2020 with higher tops and higher bottoms. Up to date, price made a 590.59% gain since the beginning of this rally
  • Pinterest, Inc. provides visual discovery engine in the United States and internationally.

Should I buy Pinterest stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $PINS stock a buy?

Currently, Pinterest stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $PINS in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Pinterest stock?

"To sell or not to sell", if you are holding Pinterest shares?. Much like when we have to buy shares, determining when is appropiate to sell is not a random decision, and we must adhere our own trading strategy. Our trading system selects very simple strategies to guide us on when is the best time to sell a stock. Be aware that these strategies should not be used for shorting Pinterest stock

As a golden rule, you should not mantain an open trade that yields losses greater than those expected at the time of the buy. When to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Pinterest stock?

In the current situation of Pinterest there is not any eligible sell setup, so Pinterest stock holders with operations in profit can keep their positions

Pinterest ratings

In the last 30 days, 2 ratings were published for Pinterest

Pinterest analysts' ratings - Last month
Brokerage firmRating
Jan 5th, 2021
Morgan Stanley Buy
Jan 8th, 2021
Robert W. Baird Neutral

Pinterest stock analysis

Since in March 2020, Pinterest has been printing an uptrend that so far marked a gorgeous 590.59%. During this uptrend, the price gave some buy points on the breakouts. Latest low was on January 4, when price bounced at $64.50. Now, it swings in a consolidation between its last top ($76.88) and its last bottom ($64.50)

$PINS at new Highs

Pinterest marked new all-time highs (ATH) last Wednesday at $76.88, and cleared the field for new highs as there are no further resistances. Previous ATHs were in late December

SMAs overview

PINS stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $75.44 (8.16% above)
  • R2: $76.88 (10.22% above)
  • The current support levels are:

  • S1: $68.93 (-1.18% below)
  • S2: $64.50 (-7.53% below)
  • S3: $52.06 (-25.36% below)
  • Bollinger bands

    Since the price surpassed the upper band last Tuesday, the price has been corrected downwards by 7.09%

    PINS stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for a single day (weak signal). The RSI reading last Friday was 50.79

    PINS stock RSI chart

    Pinterest stock price history

    Pinterest went public priced at an adjusted price1 of $23.75 on Apr 2019. Since then, PINS stock surged by 193.68%, with an average of 193.68% per year. If you had invested $1,000USD in Pinterest stock at that time, it would be valued $2,936.84 today.

    1: Adjusted price after possible price splits or reverse-splits

    PINS stock price history chart

    Price target for Pinterest stock

    Nobody knows how much a stock will be priced in the future. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions release their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new fundamental data by the company, and usually. Again, these predictions are not direct recommendations for individual investors and must not be followed blindly.

    Averaging all price targets exposed below, the estimated price for Pinterest stock is $80.00. Pinterest closed at $69.75 last Friday, that is a 12.81% than the predicted price.

    Pinterest stock price predictions
    Brokerage firmPrice target
    Jan 5th, 2021
    Morgan Stanley $80.00
    Jan 8th, 2021
    Robert W. Baird $68.00$80.00

    Earnings and financials

    Pinterest ($PINS) hosted the quarterly shareholders call and released the report last October. Pinterest presented earnings of $0.13 per share on revenue of $442.6 million. The analysts estimate was $0.02 per share on revenue of $377.7 million.

    This compares to Earnings of $0.01 per share same quarter last year, so posted EPS is a gain of 1,200.00%. Revenue exploded a 58.24% on an annualized basis in the , from $2.8B to $4.4B last quarter.

    Pinterest ($PINS) posts Q4 earnings report early next February. Estimated for this quarter is $0.32, compared to $0.13 that was reported for Q3.

    Pinterest performance

    PINS performance compared
    Company1m3m6m
    Pinterest ($PINS) -1.70% 54.50% 179.20%

    Please read:
    The thoughts contained in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not know the particular positions of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for learning reasons only

    Pinterest summary

    Friday, January 15th, 2021
    Open$71.39
    Close$69.75
    Day range$68.92 - $71.85
    Previous close$70.96
    Session gain-1.71%
    Average true range$4.42
    50d mov avg$67.65
    100d mov avg$54.95
    200d mov avg$39.09
    Earnings dateFebruary 4th, 2021

    Frequently asked questions

    What is Pinterest stock symbol?

    Pinterest, Inc. is a public company trading in the US stock market with the PINS symbol

    Is Pinterest stock a buy or sell?

    Pinterest received 2 ratings in the last 30 days: 1 bullish, 0 bearish and 1 neutral.

    Will PINS go up?

    Pinterest had different price forecasts posted by market analysts in the last month forecasting the target price to $80.00. That is a 14.70% than the last price ($69.75).

    Latest Pinterest news