Why You Shouldn’t Write Off Pinterest!
The adjusted earnings could rise to $1.47 billion by 2026, supported by increasing margins as revenue growth outpaces the cost development in marketing and personnel.
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Pinterest's stock is still about 61% below its all-time high from 2021. Nevertheless, analysts are now convinced that the company is well positioned for future growth. Despite recent concerns about slowing revenues and decreased user engagement, triggered by increased advertising and design changes on the site, Pinterest has improved its AI-powered product recommendations and introduced performance tracking to attract advertisers. These measures have led to higher click-through rates and growing investment plans among advertisers, many of whom plan...
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