Pinterest jumps on Guggenheim upgrade to Buy from Neutral
Briefly

Guggenheim analysts have upgraded Pinterest's stock rating, highlighting its expected monetization growth through AI improvements and rising user engagement rates between 2025 and 2027. Current share price declines offer a good buying opportunity, as shares recently rose by about 5%. Pinterest is seeing record engagement levels, particularly among Gen Z users, who account for 40% of the platform's activity. This shift positions Pinterest as a key online shopping destination, providing significant advantages in ad revenue generation through performance-based advertising, which constitutes two-thirds of their revenue.
The firm's recent analysis suggests that Pinterest’s user monetization will grow significantly through AI ad enhancements and increased user engagement, offering strong buying potential.
With Gen Z accounting for 40% of Pinterest’s users, the platform is evolving into a vital online shopping space amidst declining store visits, indicating substantial growth opportunities.
The significant percentage of revenue driven by performance-based advertisers positions Pinterest favorably against competitors, enhancing its prospects for financial growth in the ad market.
Given the ongoing decrease in share price, Guggenheim considers this a strategic buying opportunity, projecting further growth as user engagement reaches new heights.
Read at Yahoo Finance
[
|
]