Citigroup Issues Pessimistic Forecast for Pinterest (NYSE:PINS) Stock Price

Pinterest (NYSE:PINS) had its price target dropped by stock analysts at Citigroup from $27.00 to $22.00 in a report issued on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup‘s price target would indicate a potential upside of 9.37% from the company’s previous close.

PINS has been the subject of a number of other research reports. UBS Group lowered their target price on shares of Pinterest from $33.00 to $32.00 and set a “buy” rating for the company in a research note on Friday. Wells Fargo & Company cut their price target on shares of Pinterest from $31.00 to $23.00 and set an “overweight” rating on the stock in a research report on Friday. Jefferies Financial Group lowered Pinterest from a “strong-buy” rating to a “hold” rating in a research report on Friday. DA Davidson dropped their price objective on Pinterest from $27.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Royal Bank Of Canada dropped their price objective on Pinterest from $25.00 to $22.00 and set a “sector perform” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Pinterest has an average rating of “Hold” and an average target price of $25.97.

Pinterest Price Performance

NYSE:PINS traded up $0.76 during trading hours on Monday, reaching $20.11. 7,670,236 shares of the company were exchanged, compared to its average volume of 16,543,203. The company has a market capitalization of $11.27 billion, a P/E ratio of 80.13, a P/E/G ratio of 1.38 and a beta of 0.90. Pinterest has a 1-year low of $13.84 and a 1-year high of $34.12. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.28 and a quick ratio of 4.28. The business has a 50 day moving average of $20.64 and a 200 day moving average of $20.79.

Pinterest (NYSE:PINS) last released its earnings results on Thursday, October 29th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Pinterest had a return on equity of 6.58% and a net margin of 3.81%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.38 earnings per share. Research analysts forecast that Pinterest will post 0.53 EPS for the current year.

Insider Activity at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 93,750 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $21.43, for a total transaction of $2,009,062.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Julia Donnelly sold 59,096 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $23.48, for a total value of $1,387,574.08. Following the sale, the chief financial officer directly owned 817,409 shares in the company, valued at $19,192,763.32. This trade represents a 6.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 692,877 shares of company stock valued at $14,733,501. 8.09% of the stock is owned by insiders.

Institutional Investors Weigh In On Pinterest

A number of large investors have recently added to or reduced their stakes in PINS. Renaissance Technologies LLC boosted its position in shares of Pinterest by 271.1% during the first quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock valued at $109,831,000 after purchasing an additional 4,375,000 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Pinterest by 15.4% during the first quarter. Bank of America Corp DE now owns 5,848,116 shares of the company’s stock valued at $107,254,000 after purchasing an additional 779,998 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Pinterest by 300.4% during the third quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock valued at $83,084,000 after purchasing an additional 3,299,884 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Pinterest by 11.1% in the 1st quarter. Bank of New York Mellon Corp now owns 4,014,388 shares of the company’s stock worth $73,624,000 after buying an additional 401,619 shares during the last quarter. Finally, Senvest Management LLC raised its stake in Pinterest by 5.1% during the first quarter. Senvest Management LLC now owns 3,594,581 shares of the company’s stock valued at $65,925,000 after buying an additional 175,000 shares during the last quarter. Institutional investors own 88.81% of the company’s stock.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: DA Davidson maintained a Buy rating and lowered its price target from $27 to $25, still implying approximately 24% upside from the recent trading level. DA Davidson Pinterest rating
• Neutral Sentiment: JPMorgan reduced its target from $27 to $22 and kept a Neutral rating, while Rosenblatt cut its target from $25 to $21 and also remained Neutral. Both firms see limited-to-moderate upside but less value than previously estimated. JPMorgan and Rosenblatt Pinterest ratings
• Negative Sentiment: Several other firms reportedly lowered their targets or became more defensive: Barclays, Cantor Fitzgerald and Wedbush trimmed their price targets, while Jefferies downgraded Pinterest to Hold. These actions reinforce concerns about the company’s near-term growth and valuation. Barclays Pinterest target Cantor Fitzgerald Pinterest target Wedbush Pinterest target Jefferies Pinterest downgrade
• Negative Sentiment: Recent earnings-related coverage remains a concern: Pinterest’s latest quarterly revenue and adjusted earnings missed consensus expectations, despite double-digit year-over-year revenue growth. Investors are also monitoring bearish positioning after unusually heavy put-option activity and a pessimistic Wells Fargo forecast. Pinterest 2026 third-quarter results Pinterest put options activity Wells Fargo Pinterest forecast

About Pinterest

Pinterest, Inc (NYSE: PINS) operates a visual discovery platform that helps people find ideas and inspiration for activities such as home improvement, cooking, fashion, travel and event planning. Users can discover, save and organize images and videos—known as Pins—on personalized boards and explore recommendations based on their interests.

The company also provides tools for businesses and creators to showcase products and content on the platform. Its advertising business includes promoted Pins and other advertising formats designed to help marketers reach users while they are discovering ideas, researching products and planning purchases.