Weekly Research Analysts’ Ratings Updates for Pinterest (PINS)

A number of firms have modified their ratings and price targets on shares of Pinterest (NYSE: PINS) recently:

• 2/7/2025 – Pinterest had its price target raised by analysts at Cantor Fitzgerald from $36.00 to $48.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at KeyCorp from $37.00 to $46.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at Wells Fargo & Company from $39.00 to $47.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at Royal Bank of Canada from $48.00 to $50.00. They now have an “outperform” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at Wedbush from $38.00 to $46.00. They now have an “outperform” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at Oppenheimer Holdings Inc. from $40.00 to $50.00. They now have an “outperform” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at Raymond James from $34.00 to $42.00. They now have an “outperform” rating on the stock.
• 2/7/2025 – Pinterest was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating. They now have a $47.00 price target on the stock, up previously from $34.00.
• 2/7/2025 – Pinterest had its price target raised by analysts at Guggenheim from $33.00 to $39.00. They now have a “neutral” rating on the stock.
• 2/7/2025 – Pinterest had its “neutral” rating reaffirmed by analysts at Piper Sandler. They now have a $41.00 price target on the stock, up previously from $36.00.
• 2/7/2025 – Pinterest had its price target raised by analysts at Barclays PLC from $36.00 to $42.00. They now have an “equal weight” rating on the stock.
• 2/7/2025 – Pinterest had its price target raised by analysts at The Goldman Sachs Group, Inc. from $42.00 to $47.00. They now have a “buy” rating on the stock.
• 2/7/2025 – Pinterest had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $50.00 price target on the stock, up previously from $45.00.
• 2/7/2025 – Pinterest had its price target raised by analysts at Rosenblatt Securities from $46.00 to $51.00. They now have a “buy” rating on the stock.
• 2/7/2025 – Pinterest was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. They now have a $55.00 price target on the stock.
• 1/28/2025 – Pinterest had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $38.00 price target on the stock.
• 1/13/2025 – Pinterest had its price target lowered by analysts at Wells Fargo & Company from $40.00 to $39.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Pinterest had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $32.00 price target on the stock, down previously from $40.00.
• 1/13/2025 – Pinterest had its price target raised by analysts at Morgan Stanley from $35.00 to $36.00. They now have an “equal weight” rating on the stock.
• 1/10/2025 – Pinterest had its price target lowered by analysts at KeyCorp from $39.00 to $37.00. They now have an “overweight” rating on the stock.
• 1/10/2025 – Pinterest was upgraded by analysts at Monness Crespi & Hardt from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock.

Pinterest Price Performance

NYSE:PINS opened at $38.96 on Tuesday. The firm has a market capitalization of $26.33 billion, a P/E ratio of 14.48, a P/E/G ratio of 1.72 and a beta of 1.06. The business has a 50 day simple moving average of $32.31 and a 200 day simple moving average of $31.60. Pinterest, Inc. has a 12-month low of $27.00 and a 12-month high of $45.19.

Pinterest (NYSE:PINS) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.30). Pinterest had a net margin of 51.07% and a return on equity of 9.20%. Research analysts anticipate that Pinterest, Inc. will post 0.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Wanjiku Juanita Walcott sold 11,862 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $30.82, for a total value of $365,586.84. Following the completion of the sale, the insider now owns 246,921 shares of the company’s stock, valued at $7,610,105.22. This represents a 4.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gokul Rajaram sold 1,150 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $30.98, for a total transaction of $35,627.00. Following the completion of the transaction, the director now owns 31,386 shares of the company’s stock, valued at $972,338.28. This represents a 3.53 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,157 shares of company stock worth $589,131. Insiders own 7.11% of the company’s stock.

Institutional Trading of Pinterest

A number of institutional investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its holdings in shares of Pinterest by 104.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 25,432,141 shares of the company’s stock valued at $737,533,000 after buying an additional 12,986,310 shares during the period. Norges Bank acquired a new stake in Pinterest in the 4th quarter valued at about $358,205,000. Marshall Wace LLP boosted its position in shares of Pinterest by 134.1% during the 4th quarter. Marshall Wace LLP now owns 10,701,783 shares of the company’s stock valued at $310,352,000 after purchasing an additional 6,129,985 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Pinterest in the 3rd quarter worth approximately $153,829,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Pinterest by 49.7% in the 4th quarter. Ameriprise Financial Inc. now owns 13,635,800 shares of the company’s stock worth $395,441,000 after purchasing an additional 4,527,902 shares in the last quarter. 88.81% of the stock is owned by institutional investors and hedge funds.

Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.