Pinterest (NYSE:PINS) Stock Price Down 6.6% – What’s Next?

Pinterest, Inc. (NYSE:PINS) shares were down 6.6% during trading on Tuesday . The company traded as low as $18.56 and last traded at $18.6130. Approximately 7,864,932 shares changed hands during trading, a decline of 58% from the average daily volume of 18,686,174 shares. The stock had previously closed at $19.93.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: BMO Capital reiterated an Outperform rating and raised its price target on Pinterest to $30 from $28, citing improving AI-driven advertising trends that could support longer-term growth. BMO Capital Sees AI Ad Improvements Supporting Growth at Pinterest (PINS)
• Neutral Sentiment: Multiple law firms issued reminders about the May 29 lead plaintiff deadline in an existing securities class action against Pinterest, keeping legal overhang in focus for investors. PINS Deadline: Rosen Law Firm Urges Pinterest, Inc. (NYSE: PINS) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
• Neutral Sentiment: Additional class-action notices from Rosen, Faruqi & Faruqi, Pomerantz, Bernstein Liebhard, and others reinforced concerns about alleged securities-law violations during the February 2025 to February 2026 class period. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
• Negative Sentiment: Investor sentiment also weakened as a market article said Pinterest shares were falling amid broader concerns about persistent inflation and rising bond yields, which hurt risk assets and growth stocks. Why Pinterest (PINS) Shares Are Plunging Today

Wall Street Analysts Forecast Growth

A number of analysts have commented on PINS shares. Mizuho lifted their target price on shares of Pinterest from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price on Pinterest from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Evercore set a $27.00 target price on Pinterest in a research report on Tuesday, May 5th. Robert W. Baird boosted their target price on Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $24.00 target price on shares of Pinterest in a research report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.40.

Pinterest Price Performance

The company has a 50 day simple moving average of $19.24 and a 200-day simple moving average of $22.32. The stock has a market cap of $10.56 billion, a price-to-earnings ratio of 39.28, a P/E/G ratio of 1.02 and a beta of 0.93. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34.

Pinterest (NYSE:PINS) last released its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $965.84 million. During the same quarter last year, the business posted $0.23 EPS. The company’s revenue for the quarter was up 17.8% on a year-over-year basis. Research analysts expect that Pinterest, Inc. will post 0.68 EPS for the current year.

Insiders Place Their Bets

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the transaction, the director owned 27,450 shares of the company’s stock, valued at $549,000. This represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pinterest

A number of large investors have recently modified their holdings of PINS. Elevated Capital Advisors LLC acquired a new position in shares of Pinterest during the 4th quarter worth about $26,000. Atlantic Union Bankshares Corp boosted its stake in shares of Pinterest by 3,839.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 906 shares of the company’s stock worth $29,000 after buying an additional 883 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Pinterest by 2,017.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock valued at $29,000 after buying an additional 1,049 shares during the last quarter. Addison Advisors LLC boosted its holdings in shares of Pinterest by 727.3% in the 4th quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock valued at $35,000 after buying an additional 1,200 shares during the last quarter. Finally, Garner Asset Management Corp acquired a new stake in shares of Pinterest in the 4th quarter valued at approximately $36,000. 88.81% of the stock is currently owned by institutional investors and hedge funds.

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.