Wedbush Issues Pessimistic Forecast for Pinterest (NYSE:PINS) Stock Price

Key Points

• Wedbush cut Pinterest’s price target from $24 to $20 and maintained a neutral rating, implying roughly 7% upside from the stock’s $18.66 trading price.
• Analyst sentiment remains mixed but leans positive: Pinterest has a consensus “Moderate Buy” rating and an average price target of $26.68, despite recent target reductions from several firms.
• Pinterest missed quarterly earnings and revenue expectations, while fourth-quarter guidance was below Wall Street forecasts, raising concerns about slowing growth and pressuring the stock.

Pinterest (NYSE:PINS - Get Free Report) had its price target dropped by analysts at Wedbush from $24.00 to $20.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Wedbush's price objective points to a potential upside of 7.17% from the company's current price.

PINS has been the topic of a number of other reports. Bank of America reaffirmed a "neutral" rating and issued a $23.00 target price on shares of Pinterest in a research note on Friday. DA Davidson lifted their target price on shares of Pinterest from $26.00 to $27.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Jefferies Financial Group raised shares of Pinterest from a "hold" rating to a "buy" rating in a research report on Monday, August 31st. 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 report on Friday. Finally, KeyCorp cut their target price on shares of Pinterest from $30.00 to $28.00 and set an "overweight" rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Pinterest presently has an average rating of "Moderate Buy" and a consensus price target of $26.68.

Pinterest Stock Performance

Shares of PINS traded down $1.26 during mid-day trading on Friday, hitting $18.66. The stock had a trading volume of 16,147,861 shares, compared to its average volume of 16,493,273. The firm has a market cap of $10.45 billion, a P/E ratio of 54.59, a PEG ratio of 1.49 and a beta of 0.90. The business has a fifty day moving average price of $20.71 and a 200-day moving average price of $20.83. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.81 and a quick ratio of 3.81. Pinterest has a 52 week low of $13.84 and a 52 week high of $34.12.

Pinterest (NYSE:PINS - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). Pinterest had a net margin of 5.46% and a return on equity of 7.49%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter in the prior year, the firm posted $0.38 earnings per share. The firm's quarterly revenue was up 11.9% on a year-over-year basis. On average, equities research analysts expect that Pinterest will post 0.53 EPS for the current year.

Insider Buying and Selling at Pinterest

In related news, Director Benjamin Silbermann sold 93,750 shares of the company's stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $21.43, for a total transaction of $2,009,062.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Julia Donnelly sold 59,096 shares of the stock in a transaction dated 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 sale, the chief financial officer 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 692,877 shares of company stock worth $14,733,501 over the last ninety days. Corporate insiders own 8.09% of the company's stock.

Hedge Funds Weigh In On Pinterest

Hedge funds have recently modified their holdings of the stock. Provenance Wealth Advisors LLC acquired a new stake in Pinterest during the 3rd quarter worth about $60,000. Greenleaf Trust purchased a new stake in Pinterest during the 3rd quarter valued at about $205,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Pinterest in the third quarter valued at about $1,279,000. Greatmark Investment Partners Inc. increased its holdings in shares of Pinterest by 20.2% in the third quarter. Greatmark Investment Partners Inc. now owns 30,525 shares of the company's stock valued at $577,000 after purchasing an additional 5,125 shares during the period. Finally, State of Wyoming raised its stake in shares of Pinterest by 48.1% in the third quarter. State of Wyoming now owns 16,122 shares of the company's stock worth $305,000 after purchasing an additional 5,238 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Key Stories Impacting Pinterest

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.

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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