Pinterest (NYSE:PINS – Get Free Report)‘s stock had its “overweight” rating restated by analysts at Cantor Fitzgerald in a report released on Wednesday,Benzinga reports. They currently have a $30.00 target price on the stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 17.23% from the stock’s current price.
A number of other brokerages have also recently issued reports on PINS. Oppenheimer upped their target price on Pinterest from $24.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Guggenheim restated a “buy” rating and issued a $24.00 price objective on shares of Pinterest in a research note on Monday, June 15th. Citigroup reaffirmed a “neutral” rating and set a $27.00 price objective (up from $25.00) on shares of Pinterest in a report on Wednesday. TD Cowen reiterated a “buy” rating on shares of Pinterest in a research note on Monday, June 22nd. Finally, Evercore set a $27.00 target price on shares of Pinterest in a report on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the stock. Based on data from MarketBeat, Pinterest presently has a consensus rating of “Hold” and a consensus price target of $28.82.
Read Our Latest Research Report on Pinterest
Pinterest Trading Up 5.9%
Pinterest (NYSE:PINS – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.36 by $0.07. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the business posted $0.33 earnings per share. The business’s quarterly revenue was up 18.2% on a year-over-year basis. Analysts expect that Pinterest will post 0.63 EPS for the current fiscal year.
Insider Activity at Pinterest
In other news, Director Benjamin Silbermann sold 46,875 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $22.54, for a total value of $1,056,562.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 27,337 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $20.46, for a total transaction of $559,315.02. Following the transaction, the insider directly owned 724,673 shares in the company, valued at $14,826,809.58. This trade represents a 3.64% 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 370,720 shares of company stock worth $7,892,627. Company insiders own 8.09% of the company’s stock.
Institutional Trading of Pinterest
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Revolve Wealth Partners LLC bought a new position in shares of Pinterest during the 4th quarter worth about $252,000. Integrated Wealth Concepts LLC lifted its stake in shares of Pinterest by 5.9% in the first quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company’s stock valued at $339,000 after buying an additional 607 shares during the period. Empowered Funds LLC grew its position in Pinterest by 45.6% during the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock worth $470,000 after buying an additional 4,748 shares in the last quarter. Sivia Capital Partners LLC grew its position in Pinterest by 39.5% during the second quarter. Sivia Capital Partners LLC now owns 9,347 shares of the company’s stock worth $335,000 after buying an additional 2,649 shares in the last quarter. Finally, Jump Financial LLC bought a new position in Pinterest during the second quarter valued at about $696,000. 88.81% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Pinterest
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Second-quarter revenue rose 18.2% year over year to $1.18 billion, exceeding the $1.15 billion consensus estimate. Adjusted earnings of $0.43 per share also beat expectations of $0.36, while the company raised its full-year margin target. Pinterest Announces Second Quarter 2026 Results
- Positive Sentiment: User growth remained strong: global monthly active users increased 11% to a record 640 million, marking the 11th consecutive quarter of double-digit growth. Pinterest also generated $311 million of adjusted EBITDA and $270 million of free cash flow. Pinterest’s AI Push Pays Off in Record Users and Revenue
- Positive Sentiment: Management’s artificial-intelligence and social-commerce initiatives appear to be gaining traction, helping Pinterest expand engagement and advertising opportunities as it develops into a shopping destination. Pinterest is winning the argument on AI costs and losing the one on growth
- Neutral Sentiment: Pinterest guided to roughly $1.2 billion of third-quarter revenue, broadly in line with analyst expectations. However, the forecast implies slower growth, limiting the benefit of the quarterly earnings beat. Pinterest expects slower quarterly revenue growth as ad competition heats up
- Negative Sentiment: Shares decreased in the immediate post-earnings reaction because investors viewed the outlook as lukewarm. Management cited intensifying digital-ad competition, particularly from Meta’s Instagram, as a risk to growth. Pinterest shares fall on lukewarm sales guidance
- Negative Sentiment: Higher costs resulted in a GAAP net loss of approximately $47 million despite the revenue and adjusted-profit beats, raising concerns about operating leverage and valuation support. Pinterest Sales Climb on Traction With Gen Z
About Pinterest
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.
See Also
- Five stocks we like better than Pinterest
- Palantir Soars 30% After Blockbuster Earnings—Is the Rally Just Getting Started?
- Visa’s BioCatch Deal Could Make Fraud Prevention a Bigger Business
- Caterpillar’s Record Quarter May Have Reset the Stock’s Ceiling
- The Real Reason Amazon Hit a $3 Trillion Valuation
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.
