Wall Street Zen Upgrades Pinterest (NYSE:PINS) to Buy

Pinterest (NYSE:PINS) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

Other research analysts have also issued reports about the company. Oppenheimer upped their target price on Pinterest from $24.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. HSBC lowered Pinterest from a “buy” rating to a “hold” rating and set a $24.90 target price on the stock. in a research report on Friday, January 30th. Benchmark cut their price objective on Pinterest from $34.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Piper Sandler reissued a “neutral” rating and issued a $26.00 price objective (up from $21.00) on shares of Pinterest in a report on Tuesday, May 5th. Finally, Bank of America reissued a “neutral” rating and issued a $19.00 price objective (down from $39.00) on shares of Pinterest in a report on Friday, February 13th. Sixteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.40.

Pinterest Trading Up 0.1%

Shares of NYSE:PINS opened at $21.30 on Friday. The business’s 50-day moving average is $19.05 and its 200 day moving average is $23.28. Pinterest has a 1 year low of $13.84 and a 1 year high of $39.93. The firm has a market capitalization of $11.93 billion, a P/E ratio of 44.38, a P/E/G ratio of 1.23 and a beta of 0.93. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.23 and a quick ratio of 4.23.

Pinterest (NYSE:PINS) last announced its earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s quarterly revenue was up 17.8% compared to the same quarter last year. On average, research analysts predict that Pinterest will post 0.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Pinterest

In other news, Director Gokul Rajaram sold 2,100 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the transaction, the director directly owned 27,450 shares of the company’s stock, valued at approximately $549,000. This represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed 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. Corporate insiders own 8.09% of the company’s stock.

Institutional Trading of Pinterest

Several hedge funds and other institutional investors have recently bought and sold shares of PINS. Elevated Capital Advisors LLC acquired a new stake in Pinterest during the fourth quarter worth about $26,000. N.E.W. Advisory Services LLC grew its holdings in Pinterest by 505.7% during the third quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock worth $27,000 after acquiring an additional 713 shares during the period. Atlantic Union Bankshares Corp grew its holdings in Pinterest by 3,839.1% during the third quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 883 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Pinterest by 2,017.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after acquiring an additional 1,049 shares during the period. Finally, Addison Advisors LLC grew its holdings in Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after acquiring an additional 1,200 shares during the period. 88.81% of the stock is owned by institutional investors and hedge funds.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest’s latest quarterly results were strong, with revenue and earnings beating expectations, monthly active users rising, and management showing continued execution on growth and buybacks. Pinterest: Holy Speedy Buybacks Batman!
• Positive Sentiment: Several analysts turned more constructive on Pinterest after the earnings report, including price-target increases from firms such as Citigroup and Oppenheimer, which supports the stock’s recent upward momentum. Citigroup Boosts Pinterest (NYSE:PINS) Price Target to $25.00
• Positive Sentiment: Unusual options activity suggests traders are positioning for a near-term move in Pinterest shares, which can add to volatility and speculative interest. Unusual options activity in Pinterest stock caught my eye. How to trade it here.
• Neutral Sentiment: Multiple law firms are issuing reminders about a May 29 lead-plaintiff deadline in an existing securities class action against Pinterest, keeping legal overhang in focus but not adding new allegations. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
• Neutral Sentiment: Recent coverage also notes Pinterest’s earlier buyback activity and balance-sheet flexibility, which are supportive over the longer term but unlikely to be the main driver of today’s trading. Pinterest: Holy Speedy Buybacks Batman!
• Negative Sentiment: Today’s legal headlines may weigh on sentiment, as investors are repeatedly reminded of the class action alleging securities-fraud-related harm during the February 2025 to February 2026 period. Deadline Alert: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

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.