Pinterest (NYSE:PINS – Free Report) had its price objective trimmed by JPMorgan Chase & Co. from $27.00 to $22.00 in a report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the stock.
A number of other brokerages also recently issued reports on PINS. UBS Group dropped their price target on shares of Pinterest from $33.00 to $32.00 and set a “buy” rating on the stock in a report on Friday. Guggenheim cut their target price on shares of Pinterest from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Friday. Jefferies Financial Group lowered shares of Pinterest from a “strong-buy” rating to a “hold” rating in a research note on Friday. Wells Fargo & Company lowered their price target on Pinterest from $31.00 to $23.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Barclays dropped their price target on Pinterest from $31.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.18.
Read Our Latest Analysis on Pinterest
Pinterest Stock Up 0.0%
Pinterest stock opened at $19.37 on Friday. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 77.47, a PEG ratio of 1.38 and a beta of 0.90. The stock has a fifty day simple moving average of $20.64 and a two-hundred day simple moving average of $20.79. Pinterest has a 12 month low of $13.84 and a 12 month high of $34.12. 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 – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). Pinterest had a net margin of 3.81% and a return on equity of 6.58%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the business earned $0.38 earnings per share. The company’s quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts predict that Pinterest will post 0.53 EPS for the current fiscal year.
Insider Buying and Selling at Pinterest
In other Pinterest news, insider Wanjiku Walcott sold 14,103 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $18.21, for a total value of $256,815.63. Following the transaction, the insider directly owned 658,902 shares in the company, valued at approximately $11,998,605.42. This trade represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of Pinterest stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $22.56, for a total transaction of $1,057,500.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 692,877 shares of company stock valued at $14,733,501 in the last ninety days. Corporate insiders own 8.09% of the company’s stock.
Hedge Funds Weigh In On Pinterest
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in Pinterest in the 3rd quarter worth approximately $31,000. Reyes Financial Architecture Inc. purchased a new position in shares of Pinterest in the 3rd quarter worth $34,000. Summit Securities Group LLC bought a new stake in shares of Pinterest in the 1st quarter worth about $43,000. Daytona Street Capital LLC bought a new stake in shares of Pinterest in the 3rd quarter worth about $45,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of Pinterest during the 3rd quarter valued at about $60,000. 88.81% of the stock is owned by institutional investors.
Key Stories Impacting Pinterest
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.
Featured Articles
- Five stocks we like better than Pinterest
- SK hynix Says Memory Demand Beats Supply Through 2030—What It Means for Micron and SanDisk
- STMicroelectronics Could Reach New Highs—Here’s What Needs to Happen
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
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.
