Zacks Research Estimates Pinterest's Q3 Earnings (NYSE:PINS)

Key Points

• Zacks Research cut Pinterest’s Q3 2026 EPS estimate to $0.08 from $0.14, with additional reductions to its 2026–2028 earnings forecasts, signaling concerns about the company’s longer-term profit trajectory.
• Analyst sentiment remains mixed: 17 analysts rate Pinterest a Buy and 19 rate it a Hold, producing an overall “Hold” rating and an average price target of $27.90.
• Pinterest recently exceeded quarterly expectations, reporting $0.43 EPS versus the $0.36 consensus and $1.18 billion in revenue, up 18.2% year over year; however, shares were recently down 2% and insiders sold stock under pre-arranged trading plans.

Pinterest, Inc. (NYSE:PINS - Free Report) - Analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for shares of Pinterest in a research report issued on Tuesday, August 25th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.08 for the quarter, down from their prior estimate of $0.14. The consensus estimate for Pinterest's current full-year earnings is $0.62 per share. Zacks Research also issued estimates for Pinterest's Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $0.43 EPS, Q1 2027 earnings at ($0.11) EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.41 EPS, FY2027 earnings at $0.37 EPS, Q1 2028 earnings at $0.04 EPS, Q2 2028 earnings at $0.20 EPS and FY2028 earnings at $1.05 EPS.

A number of other brokerages have also weighed in on PINS. Piper Sandler reaffirmed a "neutral" rating and set a $26.00 target price (up from $21.00) on shares of Pinterest in a research note on Tuesday, May 5th. Citigroup increased their price target on shares of Pinterest from $25.00 to $27.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price objective on Pinterest from $20.00 to $25.00 and gave the company a "neutral" rating in a research report on Tuesday, May 5th. Wells Fargo & Company boosted their target price on shares of Pinterest from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Finally, DA Davidson raised 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. Seventeen analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat, Pinterest has an average rating of "Hold" and an average price target of $27.90.

Pinterest Stock Down 2.0%

Shares of Pinterest stock opened at $22.84 on Friday. 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 12-month low of $13.84 and a 12-month high of $38.57. The company has a market cap of $12.80 billion, a P/E ratio of 67.19, a PEG ratio of 1.25 and a beta of 0.90. The company's fifty day simple moving average is $22.74 and its two-hundred day simple moving average is $20.50.

Pinterest (NYSE:PINS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.07. Pinterest had a return on equity of 7.49% and a net margin of 5.46%.The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company earned $0.33 earnings per share. The firm's revenue for the quarter was up 18.2% on a year-over-year basis.

Institutional Investors Weigh In On Pinterest

A number of institutional investors have recently made changes to their positions in PINS. Forsta AP Fonden raised its position in Pinterest by 61.2% in the 4th quarter. Forsta AP Fonden now owns 397,400 shares of the company's stock worth $10,289,000 after buying an additional 150,900 shares during the last quarter. Amundi boosted its holdings in shares of Pinterest by 38.3% during the 1st quarter. Amundi now owns 3,200,829 shares of the company's stock valued at $58,703,000 after acquiring an additional 885,927 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Pinterest in the fourth quarter worth approximately $12,812,000. Freemont Management S.A. bought a new stake in shares of Pinterest in the fourth quarter worth approximately $2,540,000. Finally, Northwestern Mutual Investment Management Company LLC purchased a new position in shares of Pinterest during the fourth quarter valued at approximately $3,451,000. Hedge funds and other institutional investors own 88.81% of the company's stock.

Insider Transactions at Pinterest

In related news, CFO Donnelly Julia Brau sold 59,096 shares of the company's 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 transaction, the chief financial officer owned 817,409 shares in the company, valued at $19,192,763.32. The trade was a 6.74% decrease in their position. The sale was disclosed in a document filed 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 stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $21.15, for a total transaction of $991,406.25. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 555,344 shares of company stock worth $12,335,578. 8.09% of the stock is currently owned by company insiders.

Key Headlines Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest’s average revenue per user (ARPU) continues to rise, supported by AI-powered advertising tools that could improve ad targeting and monetization. A partnership with Zillow also expands Pinterest’s appeal to real-estate advertisers by connecting housing-intent audiences with Zillow’s Elevate advertising product. PINS’ Growing ARPU Signals Stronger Monetization
• Neutral Sentiment: Director Benjamin Silbermann sold 46,875 shares worth approximately $1.1 million at an average price of $23.53. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary bearish signal, though repeated insider selling may weigh on sentiment. Pinterest Director Sells Stock
• Negative Sentiment: Zacks Research lowered earnings estimates across multiple periods. Its forecasts fell to $0.08 EPS for Q3 2026, $0.36 for Q4 2026 and $0.43 for full-year 2026, versus a prior full-year estimate of $0.64. Estimates were also cut to $0.37 for FY2027 from $0.81 and $1.05 for FY2028 from $1.34. Several quarterly reductions included an expected loss of $0.11 in Q1 2027 and zero earnings in Q2 2027. The broad downward revision suggests concerns about Pinterest’s earnings trajectory and may be especially negative given the stock’s elevated valuation.

Pinterest Company Profile

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate "Pins" — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company's primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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