:be Aktie
WKN DE: A3CWWB / ISIN: AT0000A2SGH0
25.10.2024 09:15:00
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Prediction: Pinterest Stock Could Be Headed to $50 in 2025
Image-browsing platform Pinterest (NYSE: PINS) went public in 2019 and started trading around $24 per share. Investor enthusiasm was riding high and the stock inched closer and closer to $90 in early 2021. But enthusiasm quickly gave way to panic as the price per share collapsed to nearly $17 in 2022.Pinterest stock trades at about $31 per share, as of this writing. But in 2025, I wouldn't be surprised if it managed to finally hit $50 again at some point. Here's why.Pinterest's market capitalization is $21.5 billion -- this represents the combined value of all 683 million of its shares. If it traded at $50 per share, its market cap would be over $34 billion. What would cause Pinterest's business to be worth so much?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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