The analyst believes Pinterest is significantly undervalued, trading at $21.40 compared to an intrinsic value of over $58 per share based on discounted cash flow. He also notes its low forward P/E of 11.6, which is less than half the S&P 500 average and near historical lows for the stock. The company has a strong balance sheet with no debt and growing monthly active users, making it an attractive long-term opportunity.
“if you compare the current market price of $21.40 compared to the intrinsic value I calculated or fair value I calculated at over $58 per share, you can see just how significantly the stock is undervalued based on my discounted cash flow valuation calculation.” — ▶ Clip ansehen