Pinterest (NYSE:PINS – Free Report) had its target price raised by Citigroup from $19.00 to $25.00 in a research note published on Tuesday,Benzinga reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts also recently commented on PINS. Cantor Fitzgerald set a $18.00 target price on Pinterest in a research report on Friday, February 13th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $20.00 target price (down from $36.00) on shares of Pinterest in a research note on Friday, February 13th. Wolfe Research set a $33.00 target price on shares of Pinterest and gave the stock an “outperform” rating in a research note on Monday, January 5th. Evercore set a $27.00 target price on shares of Pinterest in a research note on Tuesday. Finally, KeyCorp lowered their target price on shares of Pinterest from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 3rd. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Pinterest currently has a consensus rating of “Hold” and a consensus price target of $27.40.
View Our Latest Report on PINS
Pinterest Price Performance
Pinterest (NYSE:PINS – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $965.84 million. During the same quarter in the previous year, the business earned $0.23 earnings per share. The company’s revenue for the quarter was up 17.8% on a year-over-year basis. Equities analysts expect that Pinterest will post 0.64 EPS for the current year.
Insider Activity
In related news, Director Gokul Rajaram sold 2,100 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the sale, the director owned 27,450 shares in the company, valued at approximately $549,000. The trade was a 7.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.09% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in PINS. Revolve Wealth Partners LLC purchased a new position in shares of Pinterest in the fourth quarter valued at approximately $252,000. Integrated Wealth Concepts LLC boosted 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 purchasing an additional 607 shares during the period. Empowered Funds LLC boosted its stake in shares of Pinterest by 45.6% in the first quarter. Empowered Funds LLC now owns 15,168 shares of the company’s stock valued at $470,000 after purchasing an additional 4,748 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Pinterest by 39.5% in the second quarter. Sivia Capital Partners LLC now owns 9,347 shares of the company’s stock valued at $335,000 after purchasing an additional 2,649 shares during the period. Finally, Jump Financial LLC purchased a new position in shares of Pinterest in the second quarter valued at approximately $696,000. Hedge funds and other institutional investors own 88.81% of the company’s stock.
Key Stories Impacting Pinterest
Here are the key news stories impacting Pinterest this week:
- Positive Sentiment: Q1 earnings beat and user milestone — Pinterest posted a better‑than‑expected quarter with accelerating ad revenue tied to its AI ad capabilities and reported a user milestone that helped drive upside in revenue and EPS. This operational momentum is the primary reason for the recent share strength. Article Title
- Positive Sentiment: Analyst upgrades and higher price targets — Several brokerages raised ratings and targets (examples include Citigroup, Oppenheimer and Wells Fargo), which reinforces upside expectations for the stock and supports short‑term buying interest. Citigroup Boosts Price Target Wells Fargo Upgrade
- Positive Sentiment: Market cap gain and buyback backdrop — Coverage noted a roughly $2B market‑cap increase after the quarter and highlighted share repurchase activity; buybacks can amplify earnings per share and support valuation. Article Title
- Negative Sentiment: Multiple securities class actions filed — Several law firms have filed or are soliciting lead‑plaintiff candidates in lawsuits alleging misinformation around advertising/tariff resilience and related disclosures for the period Feb 7, 2025–Feb 12, 2026. The legal overhang could pressure the stock, raise potential settlement costs, and create headline risk. Article Title
- Negative Sentiment: Investor notices and counsel solicitations increase scrutiny — Multiple firms (Rosen, Bernstein, Faruqi & Faruqi, Levi & Korsinsky, etc.) are actively notifying shareholders of deadlines to join or lead the class action, keeping the story in the news cycle and potentially extending the sell‑side/retail debate over disclosures. Article Title
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.
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