FY2027 EPS Estimates for Pinterest Boosted by Zacks Research

Key Points

• Zacks Research increased Pinterest's FY2027 earnings estimate to $1.36 per share, up from a previous estimate of $1.35, while the current consensus estimate for the full year is $0.60 per share.
• Pinterest reported $0.33 earnings per share for the last quarter, missing analysts' expectations, but saw a 16.9% increase in revenue year-over-year.
• The stock has a consensus rating of "Moderate Buy" with an average target price of $42.40, and institutional investors own 88.81% of the shares.

Pinterest, Inc. (NYSE:PINS - Free Report) - Equities research analysts at Zacks Research boosted their FY2027 earnings estimates for shares of Pinterest in a report issued on Thursday, September 4th. Zacks Research analyst Team now anticipates that the company will earn $1.36 per share for the year, up from their previous estimate of $1.35. The consensus estimate for Pinterest's current full-year earnings is $0.60 per share.

Pinterest (NYSE:PINS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.01). The firm had revenue of $998.23 million during the quarter, compared to the consensus estimate of $973.42 million. Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The company's quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 EPS. Pinterest has set its Q3 2025 guidance at EPS.

Several other brokerages also recently weighed in on PINS. Wall Street Zen downgraded shares of Pinterest from a "buy" rating to a "hold" rating in a report on Sunday. Guggenheim reaffirmed a "buy" rating on shares of Pinterest in a report on Tuesday, September 2nd. Sanford C. Bernstein upped their target price on shares of Pinterest from $40.00 to $45.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Benchmark increased their price objective on shares of Pinterest from $45.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, Morgan Stanley raised shares of Pinterest from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $37.00 to $45.00 in a report on Monday, July 21st. Twenty-five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $42.40.

Pinterest Stock Performance

Shares of Pinterest stock opened at $37.89 on Monday. The company has a market capitalization of $25.77 billion, a P/E ratio of 13.58, a P/E/G ratio of 1.59 and a beta of 0.77. The company has a fifty day moving average of $36.66 and a 200 day moving average of $33.11. Pinterest has a fifty-two week low of $23.68 and a fifty-two week high of $40.90.

Insider Buying and Selling at Pinterest

In other news, Director Gokul Rajaram sold 1,150 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $35.00, for a total transaction of $40,250.00. Following the sale, the director directly owned 30,600 shares in the company, valued at approximately $1,071,000. This represents a 3.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Andrea Acosta sold 3,759 shares of the company's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $34.96, for a total transaction of $131,414.64. Following the sale, the chief accounting officer owned 157,402 shares in the company, valued at $5,502,773.92. This represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,088,005 shares of company stock valued at $39,009,156 over the last quarter. 7.11% of the stock is owned by corporate insiders.

Institutional Trading of Pinterest

Several hedge funds have recently made changes to their positions in PINS. Norges Bank purchased a new stake in Pinterest in the 2nd quarter worth about $477,853,000. Amundi raised its position in Pinterest by 618.9% in the 1st quarter. Amundi now owns 14,254,741 shares of the company's stock worth $441,897,000 after purchasing an additional 12,271,958 shares during the period. Price T Rowe Associates Inc. MD raised its position in Pinterest by 25.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 31,892,284 shares of the company's stock worth $988,662,000 after purchasing an additional 6,460,143 shares during the period. Swedbank AB raised its position in Pinterest by 344.0% in the 1st quarter. Swedbank AB now owns 5,839,485 shares of the company's stock worth $181,024,000 after purchasing an additional 4,524,433 shares during the period. Finally, Balyasny Asset Management L.P. raised its position in Pinterest by 1,138.8% in the 2nd quarter. Balyasny Asset Management L.P. now owns 4,601,571 shares of the company's stock worth $165,012,000 after purchasing an additional 4,230,125 shares during the period. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

About Pinterest

Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.

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