Pinterest (NYSE:PINS – Free Report) had its target price upped by Morgan Stanley from $27.00 to $30.00 in a research note published on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.
PINS has been the topic of several other research reports. KeyCorp dropped their target price on shares of Pinterest from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 3rd. Royal Bank Of Canada boosted their target price on shares of Pinterest from $17.00 to $23.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Rothschild & Co Redburn set a $23.00 target price on shares of Pinterest and gave the stock a “neutral” rating in a research report on Monday, April 27th. Evercore set a $27.00 target price on shares of Pinterest in a research report on Tuesday. Finally, Bank of America reissued a “neutral” rating and set a $19.00 target price (down from $39.00) on shares of Pinterest in a research report on Friday, February 13th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Pinterest presently has an average rating of “Hold” and a consensus price target of $27.40.
Read Our Latest Analysis on PINS
Pinterest Trading Up 2.2%
Pinterest (NYSE:PINS – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.22 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. Pinterest’s revenue was up 17.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.23 EPS. As a group, sell-side analysts forecast that Pinterest will post 0.64 EPS for the current fiscal year.
Insider Activity at Pinterest
In other news, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total value of $42,000.00. Following the sale, the director directly owned 27,450 shares of the company’s stock, valued at $549,000. This represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is owned by company insiders.
Hedge Funds Weigh In On Pinterest
Several large investors have recently made changes to their positions in PINS. N.E.W. Advisory Services LLC lifted its stake in shares of Pinterest by 505.7% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock valued at $27,000 after purchasing an additional 713 shares during the period. Atlantic Union Bankshares Corp lifted its stake in shares of Pinterest by 3,839.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 883 shares during the period. Elevated Capital Advisors LLC acquired a new position in shares of Pinterest in the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after purchasing an additional 1,049 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Pinterest by 46.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company’s stock valued at $42,000 after purchasing an additional 419 shares during the period. 88.81% of the stock is currently owned by institutional investors and hedge funds.
Pinterest News Summary
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Q1 earnings beat and user milestone — Pinterest posted a better?than?expected quarter with accelerating ad revenue tied to its AI ad capabilities and reported a user milestone that helped drive upside in revenue and EPS. This operational momentum is the primary reason for the recent share strength. Article Title
- Positive Sentiment: Analyst upgrades and higher price targets — Several brokerages raised ratings and targets (examples include Citigroup, Oppenheimer and Wells Fargo), which reinforces upside expectations for the stock and supports short?term buying interest. Citigroup Boosts Price Target Wells Fargo Upgrade
- Positive Sentiment: Market cap gain and buyback backdrop — Coverage noted a roughly $2B market?cap increase after the quarter and highlighted share repurchase activity; buybacks can amplify earnings per share and support valuation. Article Title
- Negative Sentiment: Multiple securities class actions filed — Several law firms have filed or are soliciting lead?plaintiff candidates in lawsuits alleging misinformation around advertising/tariff resilience and related disclosures for the period Feb 7, 2025–Feb 12, 2026. The legal overhang could pressure the stock, raise potential settlement costs, and create headline risk. Article Title
- Negative Sentiment: Investor notices and counsel solicitations increase scrutiny — Multiple firms (Rosen, Bernstein, Faruqi & Faruqi, Levi & Korsinsky, etc.) are actively notifying shareholders of deadlines to join or lead the class action, keeping the story in the news cycle and potentially extending the sell?side/retail debate over disclosures. Article Title
Pinterest Company Profile
Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.
The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.
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