Pinterest (NYSE:PINS) Price Target Raised to $24.00

Key Points

• Guggenheim raised its price target on Pinterest from $21 to $24 and retained a "buy" rating, implying roughly a 15% upside from the current price.
• Pinterest beat Q1 estimates with revenue of $1.01B (+17.8% Y/Y) and EPS $0.27, guided Q2 revenue above Street (~$1.14B midpoint), and reported global MAUs up 11% to 631 million.
• Management announced approximately $2B in share repurchases, but the company faces securities class‑action filings and the consensus analyst rating remains a "Hold" with an average price target of $26.12.

Pinterest (NYSE:PINS - Get Free Report) had its price objective boosted by equities researchers at Guggenheim from $21.00 to $24.00 in a report issued on Tuesday, Marketbeat.com reports. The firm currently has a "buy" rating on the stock. Guggenheim's price objective indicates a potential upside of 15.05% from the stock's current price.

PINS has been the topic of a number of other reports. Barclays reiterated a "mixed" rating and issued a $27.00 price objective on shares of Pinterest in a research report on Tuesday. Loop Capital lowered shares of Pinterest from a "buy" rating to a "hold" rating and lowered their price objective for the company from $45.00 to $18.00 in a research report on Friday, February 13th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $20.00 price objective (down from $36.00) on shares of Pinterest in a research report on Friday, February 13th. Wolfe Research set a $33.00 price objective on shares of Pinterest and gave the company an "outperform" rating in a research report on Monday, January 5th. Finally, Mizuho set a $35.00 price objective on shares of Pinterest in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Pinterest currently has a consensus rating of "Hold" and an average price target of $26.12.

Pinterest Trading Up 3.2%

Shares of PINS opened at $20.86 on Tuesday. The firm has a market cap of $13.87 billion, a PE ratio of 34.20, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The company's 50 day simple moving average is $18.77 and its 200-day simple moving average is $23.51. Pinterest has a 12-month low of $13.84 and a 12-month high of $39.93.

Pinterest (NYSE:PINS - Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. Pinterest had a net margin of 9.87% and a return on equity of 7.95%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. During the same period last year, the firm posted $0.23 earnings per share. The company's revenue for the quarter was up 17.8% compared to the same quarter last year. As a group, equities research analysts forecast that Pinterest will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the firm's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total value of $42,000.00. Following the completion of the sale, the director owned 27,450 shares of the company's stock, valued at approximately $549,000. This trade represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Company insiders own 8.09% of the company's stock.

Institutional Investors Weigh In On Pinterest

Hedge funds and other institutional investors have recently bought and sold shares of the business. N.E.W. Advisory Services LLC lifted its holdings in Pinterest by 505.7% in the third quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company's stock valued at $27,000 after acquiring an additional 713 shares during the period. Atlantic Union Bankshares Corp lifted its holdings in Pinterest by 3,839.1% in the third quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company's stock valued at $29,000 after acquiring an additional 883 shares during the period. Elevated Capital Advisors LLC acquired a new stake in Pinterest in the fourth quarter valued at $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in Pinterest by 2,017.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company's stock valued at $29,000 after acquiring an additional 1,049 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of Pinterest by 46.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,330 shares of the company's stock worth $42,000 after buying an additional 419 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 results beat: revenue of ~$1.01B (+17.8% Y/Y) and adjusted EPS $0.27 topped estimates, showing healthy top- and bottom-line beats that drove the stock move. Pinterest Reports Bullish Q1
• Positive Sentiment: Upbeat Q2 revenue guide: the company forecast Q2 revenue above Street estimates (midpoint ~ $1.14B), signaling resilient advertiser spending. CNBC: Pinterest surges after earnings
• Positive Sentiment: Engagement and user growth: Global MAUs rose 11% to 631 million (10th consecutive quarter of double-digit user growth), supporting ad monetization upside. Seeking Alpha: Wall Street Breakfast Podcast
• Positive Sentiment: AI/visual search tailwinds: management highlights AI-powered visual search and taste-graph improvements that are starting to translate into stronger ad performance and revenue. PYMNTS: AI bet paying off
• Positive Sentiment: Capital return: company announced approximately $2B of share repurchases, which supports EPS and signals confidence from management. Business Wire: Q1 results and repurchases
• Neutral Sentiment: Analyst/coverage notes: multiple outlets and analysts revised estimates ahead of and after the print; transcripts and metric deep-dives are available for investors checking sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Securities class-action activity: several law firms (Levi & Korsinsky, Rosen, Faruqi & Faruqi) have publicized and filed claims alleging inadequate disclosures covering Feb 7, 2025–Feb 12, 2026, which creates legal risk and potential costs. GlobeNewswire: Investor Alert (Levi & Korsinsky)
• Negative Sentiment: Legal deadlines: competing firms are soliciting lead-plaintiff roles ahead of a May 29 deadline, keeping the litigation story in focus for shareholders. PR Newswire: Rosen reminder

About Pinterest

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.

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