Pinterest (NYSE:PINS – Get Free Report) had its price target boosted by investment analysts at Rosenblatt Securities from $20.00 to $24.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Rosenblatt Securities’ target price suggests a potential upside of 15.05% from the stock’s previous close.
Several other analysts have also recently weighed in on PINS. Bank of America restated a “neutral” rating and set a $19.00 price objective (down from $39.00) on shares of Pinterest in a research report on Friday, February 13th. Rothschild & Co Redburn set a $23.00 price objective on shares of Pinterest and gave the company a “neutral” rating in a research report on Monday, April 27th. Citigroup cut shares of Pinterest from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $38.00 to $19.00 in a research report on Friday, February 13th. BMO Capital Markets set a $28.00 price objective on shares of Pinterest and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Barclays restated a “mixed” rating and set a $27.00 price objective on shares of Pinterest in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $25.72.
Read Our Latest Report on PINS
Pinterest Price Performance
Pinterest (NYSE:PINS – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. Pinterest had a net margin of 9.87% and a return on equity of 7.95%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $965.84 million. During the same period last year, the firm earned $0.23 EPS. The business’s quarterly revenue was up 17.8% compared to the same quarter last year. Equities research analysts expect that Pinterest will post 0.64 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Gokul Rajaram sold 2,100 shares of Pinterest 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 transaction, the director owned 27,450 shares in the company, valued at $549,000. This trade represents a 7.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Pinterest
A number of large investors have recently added to or reduced their stakes in PINS. Norges Bank purchased a new position in Pinterest in the 4th quarter worth $357,945,000. Davis Selected Advisers purchased a new position in Pinterest in the 3rd quarter worth $253,887,000. State Street Corp raised its position in Pinterest by 52.6% in the 4th quarter. State Street Corp now owns 21,492,169 shares of the company’s stock worth $556,432,000 after purchasing an additional 7,412,213 shares during the period. Victory Capital Management Inc. raised its position in Pinterest by 30.5% in the 4th quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock worth $694,082,000 after purchasing an additional 6,258,628 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in Pinterest by 15.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,809,693 shares of the company’s stock worth $719,994,000 after purchasing an additional 3,669,476 shares during the period. Hedge funds and other institutional investors own 88.81% of the company’s stock.
Trending Headlines about Pinterest
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Q1 results beat: revenue of ~$1.01B (+17.8% Y/Y) and adjusted EPS $0.27 topped estimates, showing healthy top- and bottom-line beats that drove the stock move. Pinterest Reports Bullish Q1
- Positive Sentiment: Upbeat Q2 revenue guide: the company forecast Q2 revenue above Street estimates (midpoint ~ $1.14B), signaling resilient advertiser spending. CNBC: Pinterest surges after earnings
- Positive Sentiment: Engagement and user growth: Global MAUs rose 11% to 631 million (10th consecutive quarter of double-digit user growth), supporting ad monetization upside. Seeking Alpha: Wall Street Breakfast Podcast
- Positive Sentiment: AI/visual search tailwinds: management highlights AI-powered visual search and taste-graph improvements that are starting to translate into stronger ad performance and revenue. PYMNTS: AI bet paying off
- Positive Sentiment: Capital return: company announced approximately $2B of share repurchases, which supports EPS and signals confidence from management. Business Wire: Q1 results and repurchases
- Neutral Sentiment: Analyst/coverage notes: multiple outlets and analysts revised estimates ahead of and after the print; transcripts and metric deep-dives are available for investors checking sustainability of the beat. Earnings Call Transcript
- Negative Sentiment: Securities class-action activity: several law firms (Levi & Korsinsky, Rosen, Faruqi & Faruqi) have publicized and filed claims alleging inadequate disclosures covering Feb 7, 2025–Feb 12, 2026, which creates legal risk and potential costs. GlobeNewswire: Investor Alert (Levi & Korsinsky)
- Negative Sentiment: Legal deadlines: competing firms are soliciting lead-plaintiff roles ahead of a May 29 deadline, keeping the litigation story in focus for shareholders. PR Newswire: Rosen reminder
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.
Featured Stories
Receive News & Ratings for Pinterest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinterest and related companies with MarketBeat.com's FREE daily email newsletter.
