![]() This means options traders are pricing in low volatility expectations at the moment. Earnings Trend: PINS is unprofitable, but has reduced losses over the past 5 years at a rate of 46.7 per year. These options are well-priced at the moment, too, as per Pinterest stock's Schaeffer's Volatility Index (SVI) of 49%, which ranks in the extremely low 4th percentile of annual readings. The weekly 3/31 30-strike call is the most active contract, with new positions opening there. So far today, 27,000 calls have been exchanged in the options pits, with is double the volume typically seen at this point. Plus, the 12-month consensus price target of $29.27 is just above current levels. There is plenty more room for optimism amongst analysts, as 22 of the 35 firms in coverage carry a "hold" or worse rating. Since the company went public in April 2019, the stock has risen as much as 265 at its all-time high. ![]() Today, the shares are gapping above familiar pressure at $27 and have built up a 19% lead in 2023. Pinterest (NYSE: PINS) shares have been on quite the roller-coaster ride in recent years. PINS has been climbing since its 200-day moving average caught a mid-March pullback. ![]() UBS upgraded the social media stock to "buy" from "neutral," with a price-target hike to $35 from $27, citing evidence of improving advertising trends after the company's partnership with LiveRamp. Pinterest Inc (NYSE:PINS) stock is enjoying a boost today, up 5.2% at $28.29 at last glance and earlier hitting a one-year high of $29.27.
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