Pinterest (PINS) Site Usage Still Showing Strength
There’s a bull case for PINS based on the digital ad revenues alone, but LikeFolio data shows that userbase interaction has continued to rise in 2021.
Site usage Mentions are focused on consumers actively browsing and interacting with a content-focused website. Pinterest’s site usage Mentions are trending +25% YoY on a 90-day moving average.
Shares of Pinterest (PINS) got a slight bump today after Lightshed Partners initiated a “buy” rating on the stock with a price target of $100. We’re also maintaining our bullish outlook on the stock.