Which Social Media Stock Is the Better Investment: Meta Platforms or Pinterest?
Wednesday, 13 March 2024, 13:15
Meta Platforms vs. Pinterest: A Comprehensive Analysis
Which social media stock is the better investment right now? Meta Platforms (NASDAQ: META) and Pinterest (NYSE: PINS) can be considered the David and Goliath, respectively, of the social media market. Meta served 3.98 billion people across Facebook, Messenger, Instagram, and WhatsApp monthly at the end of 2023. Pinterest served 498 million monthly active users (MAUs) at the end of the year.
Meta's Growth Accelerated Again in 2023
- Revenue and EPS Declines: Meta faced a decline in revenue and EPS in 2022 due to various challenges.
- Recovery and Expansion: In 2023, Meta overcame these challenges, leading to an impressive revenue and EPS growth.
Pinterest's Recovery from Slowdown
- Revenue Stagnation: Pinterest struggled with revenue growth in 2022 but showed signs of recovery in 2023.
- Business Stabilization: Pinterest's stabilization in 2023 was driven by user growth and business improvements.
Meta emerges as the superior investment choice due to its growth, profitability, and attractive valuations over Pinterest.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.