Pinterest Headwinds See BofA Lower Estimates, But Analyst Optimistic About AI Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
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Source: Benzinga
Analyst Estimates for Pinterest: BofA Securities analyst Justin Post lowered revenue and EBITDA estimates for Pinterest due to weakness in the F&B ad category and foreign exchange impacts, while maintaining a Buy rating with a price target of $39.
Future Growth Projections: Despite current challenges, Post anticipates growth acceleration post-first quarter 2025, driven by AI solutions and stabilizing F&B growth, projecting long-term growth rates and margin improvements.
Analyst Views on RVER
Wall Street analysts forecast RVER stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RVER is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
