Pinterest (NYSE:PINS) Given New $25.00 Price Target at Royal Bank Of Canada

Pinterest (NYSE:PINS) had its price objective lifted by research analysts at Royal Bank Of Canada from $23.00 to $25.00 in a report released on Wednesday, MarketBeat Ratings reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential downside of 2.31% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Wells Fargo & Company increased their price objective on shares of Pinterest from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $24.00 target price on shares of Pinterest in a research report on Tuesday, May 5th. BMO Capital Markets upped their price target on Pinterest from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday. Evercore increased their price target on Pinterest from $27.00 to $29.00 and gave the stock an “in-line” rating in a report on Wednesday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $30.00 price objective on shares of Pinterest in a research note on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $28.82.

Pinterest Stock Up 5.9%

Pinterest stock opened at $25.59 on Wednesday. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. Pinterest has a 12-month low of $13.84 and a 12-month high of $39.83. The firm’s fifty day moving average is $21.93 and its 200 day moving average is $20.50. The company has a market capitalization of $14.33 billion, a PE ratio of 53.31, a PEG ratio of 1.43 and a beta of 0.90.

Pinterest (NYSE:PINS) last issued its earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.07. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. Pinterest’s revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. As a group, sell-side analysts predict that Pinterest will post 0.63 EPS for the current fiscal year.

Insider Activity at Pinterest

In related news, insider Wanjiku Juanita Walcott sold 14,208 shares of Pinterest stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $19.65, for a total transaction of $279,187.20. Following the transaction, the insider owned 691,840 shares of the company’s stock, valued at $13,594,656. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $22.54, for a total value of $1,056,562.50. 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 three months, insiders sold 370,720 shares of company stock valued at $7,892,627. Company 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 the company. Everhart Financial Group Inc. grew its stake in shares of Pinterest by 62.1% in the 2nd quarter. Everhart Financial Group Inc. now owns 18,128 shares of the company’s stock worth $381,000 after acquiring an additional 6,943 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Pinterest by 20.8% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 58,582 shares of the company’s stock valued at $1,232,000 after purchasing an additional 10,096 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Pinterest by 184.7% during the second quarter. Assenagon Asset Management S.A. now owns 1,098,432 shares of the company’s stock valued at $23,100,000 after purchasing an additional 712,569 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Pinterest by 13.6% during the second quarter. GAMMA Investing LLC now owns 10,929 shares of the company’s stock worth $230,000 after purchasing an additional 1,308 shares during the last quarter. Finally, Central Pacific Bank Trust Division boosted its holdings in Pinterest by 1.9% during the second quarter. Central Pacific Bank Trust Division now owns 116,971 shares of the company’s stock worth $2,460,000 after purchasing an additional 2,219 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:

• 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

Pinterest Company Profile

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.