Wedbush Has Lowered Expectations for Pinterest (NYSE:PINS) Stock Price

Pinterest (NYSE:PINS) had its price objective dropped by equities researchers at Wedbush from $24.00 to $20.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Wedbush‘s price target would indicate a potential upside of 7.17% from the stock’s previous close.

Several other equities research analysts also recently weighed in on PINS. Rosenblatt Securities increased their price target on Pinterest from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Barclays decreased their price objective on Pinterest from $31.00 to $24.00 and set an “equal weight” rating for the company in a report on Friday. Phillip Securities upgraded Pinterest to a “strong-buy” rating in a research note on Monday, October 19th. Guggenheim dropped their target price on Pinterest from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Friday. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Pinterest in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $26.68.

Pinterest Stock Performance

Shares of PINS stock traded down $1.26 during trading hours on Friday, hitting $18.66. The company’s stock had a trading volume of 16,147,861 shares, compared to its average volume of 16,493,273. The stock has a market cap of $10.45 billion, a PE ratio of 54.59, a price-to-earnings-growth ratio of 1.49 and a beta of 0.90. Pinterest has a 12-month low of $13.84 and a 12-month high of $34.12. The company has a 50 day moving average of $20.71 and a 200 day moving average of $20.83. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.34.

Pinterest (NYSE:PINS) last issued its earnings results on Thursday, October 29th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Pinterest had a return on equity of 7.49% and a net margin of 5.46%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the business earned $0.38 EPS. On average, sell-side analysts forecast that Pinterest will post 0.53 EPS for the current fiscal year.

Insider Transactions at Pinterest

In related news, CFO Julia Donnelly sold 59,096 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $23.48, for a total value of $1,387,574.08. Following the transaction, the chief financial officer directly owned 817,409 shares of the company’s stock, valued at $19,192,763.32. This trade represents a 6.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 stock was sold at an average price of $21.43, for a total transaction of $2,009,062.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 692,877 shares of company stock valued at $14,733,501 over the last 90 days. 8.09% of the stock is currently owned by company insiders.

Institutional Trading of Pinterest

Several hedge funds and other institutional investors have recently made changes to their positions in PINS. Renaissance Technologies LLC raised its position in Pinterest by 271.1% in the first quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock worth $109,831,000 after acquiring an additional 4,375,000 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Pinterest by 15.4% in the 1st quarter. Bank of America Corp DE now owns 5,848,116 shares of the company’s stock worth $107,254,000 after buying an additional 779,998 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Pinterest by 300.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock worth $83,084,000 after purchasing an additional 3,299,884 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Pinterest by 11.1% during the first quarter. Bank of New York Mellon Corp now owns 4,014,388 shares of the company’s stock valued at $73,624,000 after acquiring an additional 401,619 shares during the last quarter. Finally, Senvest Management LLC increased its stake in Pinterest by 5.1% in the first quarter. Senvest Management LLC now owns 3,594,581 shares of the company’s stock valued at $65,925,000 after purchasing an additional 175,000 shares during the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported 12% year-over-year revenue growth to $1.17 billion and a record 661 million monthly active users, up 10%. Adjusted EBITDA was $339 million, while operating cash flow reached $316 million and free cash flow totaled $300 million. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: Despite lowering their targets, Cantor Fitzgerald maintained an “overweight” rating at $23 and Barclays retained an “equal weight” rating at $24. Both targets imply meaningful upside from recent trading levels, suggesting analysts still see longer-term value. Cantor Fitzgerald ratings
• Neutral Sentiment: Unusual options activity included purchases of approximately 17,657 put contracts, about 23% above typical daily volume. This indicates increased hedging or bearish speculation, although options activity alone does not establish the stock’s direction.
• Negative Sentiment: Pinterest missed third-quarter expectations: adjusted earnings were $0.46 per share versus roughly $0.49 expected, and revenue of $1.17 billion fell short of estimates near $1.21 billion. The company’s reported profitability also weakened, increasing investor concern about monetization and margins. Pinterest misses Q3 earnings and revenue estimates
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.45 billion was about 4.7% below Wall Street expectations, reinforcing fears that revenue growth is slowing. The disappointing outlook triggered the sharp selloff following results. Pinterest stock sinks as signs point to slowing revenue growth
• Negative Sentiment: Recent analyst target reductions and reports of substantial insider selling add to investor caution. Pinterest also traded lower alongside other social-media stocks after concerns that artificial intelligence could reduce online search traffic weighed on the sector.

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.