Wedbush Issues Pessimistic Estimate for Pinterest Earnings

Pinterest, Inc. (NYSE:PINSFree Report) – Wedbush lowered their FY2025 earnings per share (EPS) estimates for Pinterest in a research note issued on Wednesday, November 5th. Wedbush analyst S. Devitt now anticipates that the company will earn $0.59 per share for the year, down from their prior forecast of $0.69. Wedbush has a “Outperform” rating and a $34.00 price objective on the stock. The consensus estimate for Pinterest’s current full-year earnings is $0.60 per share. Wedbush also issued estimates for Pinterest’s Q4 2025 earnings at $0.40 EPS and FY2026 earnings at $0.71 EPS.

Pinterest (NYSE:PINSGet Free Report) last announced its quarterly earnings results on Tuesday, September 19th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $665.93 million for the quarter. Pinterest had a return on equity of 8.20% and a net margin of 48.99%.

Other analysts have also issued reports about the stock. Citigroup reissued a “buy” rating on shares of Pinterest in a research report on Wednesday, November 5th. Sanford C. Bernstein decreased their target price on shares of Pinterest from $45.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Bank of America lowered their target price on shares of Pinterest from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Oppenheimer reaffirmed an “outperform” rating on shares of Pinterest in a research report on Friday, August 8th. Finally, TD Cowen increased their price objective on Pinterest from $40.00 to $43.00 and gave the company a “buy” rating in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.55.

Get Our Latest Stock Analysis on Pinterest

Pinterest Price Performance

Shares of PINS stock opened at $27.38 on Monday. The stock’s 50-day moving average is $33.20 and its 200 day moving average is $33.93. Pinterest has a 1-year low of $23.68 and a 1-year high of $40.90. The company has a market cap of $18.62 billion, a P/E ratio of 9.51, a PEG ratio of 1.59 and a beta of 0.96.

Insider Activity at Pinterest

In other news, CFO Donnelly Julia Brau sold 22,821 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $34.85, for a total transaction of $795,311.85. Following the sale, the chief financial officer directly owned 312,422 shares of the company’s stock, valued at $10,887,906.70. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Andrea Acosta sold 3,759 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $34.96, for a total value of $131,414.64. Following the completion of the transaction, the chief accounting officer directly owned 157,402 shares in the company, valued at approximately $5,502,773.92. The trade was a 2.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 640,236 shares of company stock valued at $22,878,326. 7.11% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pinterest

A number of institutional investors and hedge funds have recently modified their holdings of the company. Oppenheimer Asset Management Inc. raised its holdings in shares of Pinterest by 243.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 69,446 shares of the company’s stock valued at $2,490,000 after acquiring an additional 49,204 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in shares of Pinterest by 101.2% in the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 108,064 shares of the company’s stock worth $3,875,000 after acquiring an additional 54,365 shares during the last quarter. Truist Financial Corp increased its position in shares of Pinterest by 15.6% during the second quarter. Truist Financial Corp now owns 98,363 shares of the company’s stock worth $3,527,000 after purchasing an additional 13,267 shares in the last quarter. Machina Capital S.A.S. acquired a new position in Pinterest in the 2nd quarter valued at $848,000. Finally, Ninety One UK Ltd raised its stake in Pinterest by 11.0% in the 2nd quarter. Ninety One UK Ltd now owns 6,689,112 shares of the company’s stock valued at $239,872,000 after purchasing an additional 661,757 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest Company Profile

(Get Free Report)

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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Earnings History and Estimates for Pinterest (NYSE:PINS)

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