Pinterest (NYSE:PINS) Releases Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Pinterest reported a quarterly earnings per share (EPS) of $0.33, which was a miss by $0.01 against analyst expectations of $0.34.
• The company's revenue for the quarter reached $998.23 million, exceeding forecasts of $973.42 million and showing a year-over-year increase of 16.9%.
• Pinterest's stock dropped $3.70 following the earnings release, closing at $35.47 and marking a significant volume of over 23 million shares traded.

Pinterest (NYSE:PINS - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01), Briefing.com reports. The firm had revenue of $998.23 million for the quarter, compared to analyst estimates 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 last year, the firm earned $0.29 EPS. Pinterest updated its Q3 2025 guidance to EPS.

Pinterest Stock Up 1.7%

Shares of NYSE PINS traded up $0.58 during midday trading on Tuesday, hitting $34.77. The company had a trading volume of 2,685,450 shares, compared to its average volume of 11,905,824. Pinterest has a twelve month low of $23.68 and a twelve month high of $40.90. The business has a 50-day simple moving average of $36.06 and a two-hundred day simple moving average of $33.14. The firm has a market capitalization of $23.58 billion, a price-to-earnings ratio of 12.46, a price-to-earnings-growth ratio of 1.76 and a beta of 0.78.

Insider Transactions at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 102,083 shares of Pinterest stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $37.95, for a total transaction of $3,874,049.85. Following the completion of the transaction, the director owned 8,414 shares in the company, valued at approximately $319,311.30. The trade was a 92.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Matthew Madrigal sold 20,000 shares of Pinterest stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $38.58, for a total transaction of $771,600.00. Following the transaction, the chief technology officer owned 428,823 shares of the company's stock, valued at approximately $16,543,991.34. The trade was a 4.46% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,502,611 shares of company stock valued at $51,602,943. 7.11% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pinterest

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PINS. Revolve Wealth Partners LLC acquired a new position in Pinterest during the fourth quarter worth about $252,000. Integrated Wealth Concepts LLC lifted its position in shares of Pinterest by 5.9% in the first quarter. Integrated Wealth Concepts LLC now owns 10,943 shares of the company's stock valued at $339,000 after acquiring an additional 607 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Pinterest by 45.6% in the first quarter. Empowered Funds LLC now owns 15,168 shares of the company's stock valued at $470,000 after acquiring an additional 4,748 shares in the last quarter. Institutional investors and hedge funds own 88.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PINS. UBS Group increased their price target on shares of Pinterest from $44.00 to $50.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. Benchmark increased their price target on shares of Pinterest from $45.00 to $48.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. KeyCorp increased their price target on shares of Pinterest from $40.00 to $45.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Piper Sandler set a $40.00 price target on shares of Pinterest in a research note on Friday. Finally, Sanford C. Bernstein increased their price target on shares of Pinterest from $40.00 to $45.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Five research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat.com, Pinterest currently has an average rating of "Moderate Buy" and an average target price of $42.40.

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.