JPMorgan Chase & Co. Issues Pessimistic Forecast for Pinterest (NYSE:PINS) Stock Price

Key Points

• JPMorgan cut Pinterest’s price target from $27 to $22 while maintaining a neutral rating, implying approximately 13.6% upside from the reported share price.
• Analyst sentiment has weakened broadly: several firms lowered their targets or ratings, and MarketBeat’s consensus view is “Hold” with an average price target of $26.18.
• Pinterest’s latest quarterly results missed expectations, with EPS of $0.46 versus $0.49 expected and revenue of $1.17 billion versus $1.21 billion, despite 11.9% year-over-year revenue growth.

Pinterest (NYSE:PINS - Get Free Report) had its price target reduced by equities researchers at JPMorgan Chase & Co. from $27.00 to $22.00 in a research report issued on Friday, Benzinga reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 13.59% from the stock's current price.

A number of other brokerages have also issued reports on PINS. Royal Bank Of Canada decreased their target price on shares of Pinterest from $25.00 to $22.00 and set a "sector perform" rating for the company in a research report on Friday. The Goldman Sachs Group dropped their price target on shares of Pinterest from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday. Zacks Research downgraded shares of Pinterest from a "hold" rating to a "strong sell" rating in a research report on Tuesday, October 13th. Wall Street Zen cut shares of Pinterest from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Rosenblatt Securities lowered their price objective on shares of Pinterest from $25.00 to $21.00 and set a "neutral" rating on the stock in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $26.18.

Pinterest Trading Up 0.0%

Shares of PINS stock opened at $19.37 on Friday. Pinterest has a 1 year low of $13.84 and a 1 year high of $34.12. The firm has a market capitalization of $10.85 billion, a PE ratio of 77.47, a price-to-earnings-growth ratio of 1.38 and a beta of 0.90. The stock has a fifty day moving average of $20.64 and a two-hundred day moving average of $20.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.28 and a current ratio of 4.28.

Pinterest (NYSE:PINS - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. Pinterest had a net margin of 3.81% and a return on equity of 6.58%. Pinterest's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the business posted $0.38 earnings per share. As a group, research analysts expect that Pinterest will post 0.53 EPS for the current year.

Insiders Place Their Bets

In other Pinterest news, insider Wanjiku Walcott sold 14,103 shares of the business's 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 completion of the sale, the insider directly owned 658,902 shares of the company's stock, valued at $11,998,605.42. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of the firm's stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $22.56, for a total value of $1,057,500.00. 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 quarter, insiders have sold 692,877 shares of company stock valued at $14,733,501. 8.09% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PINS. Root Financial Partners LLC acquired a new position in Pinterest during the third quarter valued at approximately $31,000. Reyes Financial Architecture Inc. bought a new stake in shares of Pinterest in the third quarter valued at approximately $34,000. Summit Securities Group LLC acquired a new stake in shares of Pinterest in the first quarter worth $43,000. Daytona Street Capital LLC acquired a new stake in shares of Pinterest in the third quarter worth $45,000. Finally, Provenance Wealth Advisors LLC bought a new position in Pinterest during the third quarter worth $60,000. 88.81% of the stock is owned by institutional investors.

Pinterest News Roundup

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

About Pinterest

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.

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