Pinterest (NYSE:PINS) Stock Price Target Lowered at Barclays

Key Points

• Barclays lowered Pinterest’s price target from $31 to $24 while maintaining an “equal weight” rating; the new target implied 30.42% upside from the prior close.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $26.90, despite targets ranging from $22 to $31.
• Pinterest’s latest quarter missed analyst expectations, reporting $0.46 in adjusted EPS versus $0.49 expected and revenue of $1.17 billion versus $1.21 billion forecast, although revenue increased 11.9% year over year.

Pinterest (NYSE:PINS - Get Free Report) had its price objective decreased by investment analysts at Barclays from $31.00 to $24.00 in a report issued on Friday, Benzinga reports. The firm currently has an "equal weight" rating on the stock. Barclays's price objective suggests a potential upside of 30.42% from the company's previous close.

Several other equities research analysts have also weighed in on PINS. Citigroup upped their price objective on Pinterest from $25.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Guggenheim decreased their target price on Pinterest from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Friday. Wedbush reiterated a "neutral" rating and set a $24.00 price target on shares of Pinterest in a research report on Wednesday, August 5th. Wells Fargo & Company boosted their target price on shares of Pinterest from $30.00 to $31.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Pinterest in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.90.

Pinterest Price Performance

Shares of NYSE PINS traded down $1.52 during mid-day trading on Friday, reaching $18.40. The company had a trading volume of 10,717,267 shares, compared to its average volume of 16,460,898. 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 has a 1-year low of $13.84 and a 1-year high of $34.12. The stock has a market cap of $10.31 billion, a PE ratio of 54.00, a P/E/G ratio of 1.49 and a beta of 0.90. The company has a 50-day moving average price of $20.71 and a two-hundred day moving average price of $20.83.

Pinterest (NYSE:PINS - Get Free Report) last announced 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 firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. Pinterest had a net margin of 5.46% and a return on equity of 7.49%. Pinterest's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the firm earned $0.38 earnings per share. On average, equities analysts anticipate that Pinterest will post 0.53 earnings per share for the current year.

Insider Transactions at Pinterest

In related news, CFO Julia Donnelly sold 59,096 shares of the firm's 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 completion of the transaction, the chief financial officer directly owned 817,409 shares of the company's stock, valued at approximately $19,192,763.32. This trade represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $21.43, for a total value of $2,009,062.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 692,877 shares of company stock valued at $14,733,501. Company insiders own 8.09% of the company's stock.

Hedge Funds Weigh In On Pinterest

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

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported third-quarter revenue of $1.17 billion, up 12% year over year, while global monthly active users rose 10% to a record 661 million. Adjusted EBITDA was $339 million and free cash flow reached $300 million. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: Pinterest launched global programmatic deals for display and video advertising, giving large advertisers broader access to its inventory through existing automated ad-buying platforms. Pinterest Opens Programmatic Ad Deals Worldwide
• Positive Sentiment: Despite lowering its price target, Cantor Fitzgerald maintained an “overweight” rating at $23, indicating analysts still see potential upside if Pinterest’s advertising growth improves. Cantor Fitzgerald Pinterest Rating

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.

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