FY2027 EPS Estimates for Pinterest Cut by Zacks Research

Pinterest, Inc. (NYSE:PINS) – Equities researchers at Zacks Research lowered their FY2027 EPS estimates for Pinterest in a report issued on Wednesday, December 24th. Zacks Research analyst Team now forecasts that the company will earn $1.05 per share for the year, down from their prior estimate of $1.09. The consensus estimate for Pinterest’s current full-year earnings is $0.60 per share.

Other analysts have also recently issued research reports about the company. UBS Group decreased their target price on Pinterest from $51.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Monness Crespi & Hardt downgraded Pinterest from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 5th. Rosenblatt Securities restated a “neutral” rating and set a $30.00 price objective (down from $49.00) on shares of Pinterest in a research report on Wednesday, November 5th. Wall Street Zen cut Pinterest from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Bank of America dropped their target price on Pinterest from $44.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $38.97.

Pinterest Stock Performance

NYSE PINS opened at $26.04 on Monday. Pinterest has a twelve month low of $23.68 and a twelve month high of $40.90. The stock has a market cap of $17.59 billion, a price-to-earnings ratio of 9.04, a PEG ratio of 1.64 and a beta of 0.89. The firm’s 50 day moving average price is $27.69 and its two-hundred day moving average price is $32.73.

Pinterest (NYSE:PINS) last released its earnings results on Tuesday, September 19th. The company reported $0.11 earnings per share for the quarter. The business had revenue of $665.93 million for the quarter. Pinterest had a net margin of 48.99% and a return on equity of 8.20%.

Institutional Trading of Pinterest

Institutional investors and hedge funds have recently made changes to their positions in the stock. Snowden Capital Advisors LLC increased its holdings in shares of Pinterest by 4.4% during the 2nd quarter. Snowden Capital Advisors LLC now owns 7,046 shares of the company’s stock valued at $253,000 after acquiring an additional 296 shares during the last quarter. Penserra Capital Management LLC boosted its position in Pinterest by 10.1% during the second quarter. Penserra Capital Management LLC now owns 3,259 shares of the company’s stock worth $115,000 after purchasing an additional 300 shares during the period. EP Wealth Advisors LLC grew its holdings in Pinterest by 3.9% during the second quarter. EP Wealth Advisors LLC now owns 9,483 shares of the company’s stock valued at $340,000 after purchasing an additional 358 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its position in shares of Pinterest by 3.6% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 10,302 shares of the company’s stock valued at $369,000 after purchasing an additional 359 shares during the period. Finally, Dynamic Wealth Strategies LLC raised its position in shares of Pinterest by 5.8% in the second quarter. Dynamic Wealth Strategies LLC now owns 6,596 shares of the company’s stock valued at $237,000 after purchasing an additional 361 shares during the period. Institutional investors and hedge funds own 88.81% of the company’s stock.

Insider Buying and Selling at Pinterest

In other news, insider Wanjiku Juanita Walcott sold 74,047 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $26.89, for a total transaction of $1,991,123.83. Following the transaction, the insider owned 301,214 shares in the company, valued at approximately $8,099,644.46. This trade represents a 19.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Donnelly Julia Brau sold 22,821 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total transaction of $590,151.06. Following the completion of the sale, the chief financial officer owned 540,358 shares of the company’s stock, valued at $13,973,657.88. This represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 102,868 shares of company stock worth $2,736,435 over the last ninety days. 7.11% of the stock is currently owned by insiders.

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.