Pinterest, Inc. (NYSE:PINS – Free Report) – Equities research analysts at Zacks Research increased their FY2027 EPS estimates for shares of Pinterest in a research note issued on Thursday, September 4th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.36 for the year, up from their prior forecast of $1.35. The consensus estimate for Pinterest’s current full-year earnings is $0.60 per share.
Several other research firms have also recently commented on PINS. Susquehanna reissued a “positive” rating and set a $42.00 target price on shares of Pinterest in a research note on Friday, August 8th. Cowen reissued a “buy” rating on shares of Pinterest in a research note on Friday, August 8th. KeyCorp raised their target price on shares of Pinterest from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Wall Street Zen cut shares of Pinterest from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Monness Crespi & Hardt raised their target price on shares of Pinterest from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Twenty-five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.40.
Pinterest Stock Down 3.9%
PINS stock opened at $36.47 on Monday. Pinterest has a fifty-two week low of $23.68 and a fifty-two week high of $40.90. The firm’s 50-day simple moving average is $36.72 and its 200 day simple moving average is $33.13. The stock has a market cap of $24.80 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 1.59 and a beta of 0.77.
Pinterest (NYSE:PINS – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The firm had revenue of $998.23 million during the quarter, compared to analyst estimates of $973.42 million. During the same period last year, the business earned $0.29 EPS. The firm’s revenue was up 16.9% on a year-over-year basis. Pinterest has set its Q3 2025 guidance at EPS.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Pinterest by 73.9% in the first quarter. Janney Montgomery Scott LLC now owns 89,034 shares of the company’s stock worth $2,760,000 after buying an additional 37,829 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Pinterest in the first quarter worth about $235,000. Concurrent Investment Advisors LLC acquired a new position in shares of Pinterest in the first quarter worth about $261,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Pinterest by 21.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 112,201 shares of the company’s stock worth $3,478,000 after buying an additional 19,552 shares during the period. Finally, Revolve Wealth Partners LLC acquired a new stake in shares of Pinterest during the fourth quarter worth approximately $252,000. 88.81% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of the firm’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $34.82, for a total value of $3,554,530.06. Following the completion of the transaction, the director directly owned 8,414 shares in the company, valued at $292,975.48. This trade represents a 92.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Donnelly Julia Brau sold 29,606 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $34.25, for a total transaction of $1,014,005.50. Following the completion of the transaction, the chief financial officer owned 362,890 shares of the company’s stock, valued at approximately $12,428,982.50. The trade was a 7.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 985,922 shares of company stock valued at $35,455,647. Insiders own 7.11% of the company’s stock.
Pinterest Company Profile
Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.
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