JPMorgan Chase & Co. Issues Pessimistic Forecast for Pinterest (NYSE:PINS) Stock Price

Pinterest (NYSE:PINS) had its price target dropped by equities researchers at JPMorgan Chase & Co. from $27.00 to $22.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 13.59% from the stock’s previous close.

A number of other research analysts also recently weighed in on the company. Evercore set a $24.00 price target on Pinterest in a research note on Friday. Susquehanna reduced their price objective on Pinterest from $32.00 to $25.00 and set a “positive” rating for the company in a research note on Friday. Citigroup boosted their price objective on Pinterest from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. The Goldman Sachs Group lowered their target price on Pinterest from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Friday. Finally, DA Davidson upped their target price on Pinterest from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $26.18.

Pinterest Price Performance

Shares of NYSE PINS opened at $19.37 on Friday. The firm’s 50-day moving average price is $20.64 and its 200-day moving average price is $20.79. Pinterest has a 1-year low of $13.84 and a 1-year high of $34.12. The firm has a market capitalization of $10.85 billion, a P/E ratio of 77.47, a P/E/G ratio of 1.38 and a beta of 0.90. The company has a current ratio of 4.28, a quick ratio of 4.28 and a debt-to-equity ratio of 0.32.

Pinterest (NYSE:PINS) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The company 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%. Pinterest’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. Equities research analysts anticipate that Pinterest will post 0.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Julia Donnelly sold 59,096 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $23.48, for a total transaction of $1,387,574.08. Following the completion of the sale, the chief financial officer owned 817,409 shares in the company, valued at approximately $19,192,763.32. This represents a 6.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 93,750 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $21.43, for a total value of $2,009,062.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 692,877 shares of company stock worth $14,733,501 in the last 90 days. Corporate insiders own 8.09% of the company’s stock.

Hedge Funds Weigh In On Pinterest

A number of hedge funds have recently bought and sold shares of PINS. Amundi lifted its holdings in Pinterest by 38.3% during the first quarter. Amundi now owns 3,200,829 shares of the company’s stock worth $58,703,000 after acquiring an additional 885,927 shares during the period. Insight Wealth Strategies LLC bought a new stake in Pinterest during the third quarter worth $4,901,000. Lazard Asset Management LLC boosted its position in Pinterest by 53.4% in the first quarter. Lazard Asset Management LLC now owns 1,421,187 shares of the company’s stock worth $26,065,000 after purchasing an additional 494,571 shares during the last quarter. First Trust Advisors LP boosted its position in Pinterest by 12.2% in the first quarter. First Trust Advisors LP now owns 1,970,857 shares of the company’s stock worth $36,145,000 after purchasing an additional 213,677 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its position in Pinterest by 40.6% in the fourth quarter. Hsbc Holdings PLC now owns 834,914 shares of the company’s stock worth $21,596,000 after purchasing an additional 241,154 shares during the last quarter. 88.81% of the stock is owned by hedge funds and other institutional investors.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Negative Sentiment: Multiple price-target reductions signal weaker expectations. Barclays, Cantor Fitzgerald, Wedbush and Bernstein SocGen Group each lowered their price targets for Pinterest, with Bernstein setting a $22 target. The cuts suggest analysts see limited near-term upside amid concerns about growth and monetization. Barclays price target reduction Cantor Fitzgerald price target trim Wedbush price target cut Bernstein price target reduction
• Negative Sentiment: Jefferies downgraded PINS to “Hold.” The rating change removes a more bullish stance and reinforces investor concerns about Pinterest’s valuation and future earnings growth. Jefferies Pinterest downgrade
• Negative Sentiment: Recent quarterly results missed analyst expectations. Pinterest reported quarterly revenue of approximately $1.17 billion and EPS of $0.46, below consensus estimates of $1.21 billion and $0.49, respectively. Although revenue increased 11.9% year over year, the earnings and sales misses may be driving the reassessment of the stock. Pinterest 2026 third-quarter results presentation
• Neutral Sentiment: J.P. Morgan maintained its “Hold” rating. The decision provides no new bullish catalyst and indicates continued caution among major analysts. J.P. Morgan Pinterest rating
• Negative Sentiment: Options activity and analyst commentary are bearish. Traders purchased a large volume of put options, while Wells Fargo issued a pessimistic forecast, adding to downside sentiment around PINS. Pinterest put option activity Wells Fargo Pinterest forecast

Pinterest Company Profile

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.