Pinterest (NYSE:PINS) Stock Price Expected to Rise, Evercore Analyst Says

Pinterest (NYSE:PINS) had its price objective upped by equities researchers at Evercore from $27.00 to $29.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has an “in-line” rating on the stock. Evercore’s price objective indicates a potential upside of 13.33% from the company’s current price.

Several other analysts have also recently commented on the stock. The Goldman Sachs Group restated a “buy” rating and set a $28.00 price target on shares of Pinterest in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Pinterest from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. BMO Capital Markets lifted their target price on shares of Pinterest from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on shares of Pinterest from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Finally, DA Davidson assumed coverage on shares of Pinterest in a research note on Wednesday, July 8th. They issued a “buy” rating and a $26.00 price target on the stock. Seventeen investment analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company’s stock. According to MarketBeat, Pinterest currently has an average rating of “Hold” and a consensus target price of $28.82.

Pinterest Stock Up 5.9%

Shares of Pinterest stock opened at $25.59 on Wednesday. Pinterest has a 1 year low of $13.84 and a 1 year high of $39.83. The company has a market cap of $14.33 billion, a P/E ratio of 53.31, a P/E/G ratio of 1.43 and a beta of 0.90. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average price of $21.93 and a 200 day moving average price of $20.50.

Pinterest (NYSE:PINS) last released its earnings results on Tuesday, August 4th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.07. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The business’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS. As a group, analysts expect that Pinterest will post 0.63 EPS for the current fiscal year.

Insider Activity at Pinterest

In other Pinterest news, insider Wanjiku Juanita Walcott sold 27,337 shares of Pinterest stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $20.46, for a total value of $559,315.02. Following the completion of the sale, the insider directly owned 724,673 shares in the company, valued at $14,826,809.58. The trade was a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $22.54, for a total transaction of $1,056,562.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 370,720 shares of company stock worth $7,892,627. Insiders own 8.09% of the company’s stock.

Institutional Investors Weigh In On Pinterest

A number of large investors have recently bought and sold shares of the business. Norges Bank acquired a new position in Pinterest during the fourth quarter worth $357,945,000. State Street Corp lifted its position in shares of Pinterest by 52.6% in the fourth quarter. State Street Corp now owns 21,492,169 shares of the company’s stock worth $556,432,000 after buying an additional 7,412,213 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Pinterest by 30.5% in the fourth quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock worth $694,082,000 after buying an additional 6,258,628 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Pinterest by 271.1% during the 1st quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock worth $109,831,000 after acquiring an additional 4,375,000 shares in the last quarter. Finally, Davis Selected Advisers boosted its stake in shares of Pinterest by 49.5% during the 4th quarter. Davis Selected Advisers now owns 11,801,983 shares of the company’s stock worth $305,554,000 after acquiring an additional 3,909,926 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Second-quarter revenue rose 18.2% year over year to $1.18 billion, exceeding the $1.15 billion consensus estimate. Adjusted earnings of $0.43 per share also beat expectations of $0.36, while the company raised its full-year margin target. Pinterest Announces Second Quarter 2026 Results
• Positive Sentiment: User growth remained strong: global monthly active users increased 11% to a record 640 million, marking the 11th consecutive quarter of double-digit growth. Pinterest also generated $311 million of adjusted EBITDA and $270 million of free cash flow. Pinterest’s AI Push Pays Off in Record Users and Revenue
• Positive Sentiment: Management’s artificial-intelligence and social-commerce initiatives appear to be gaining traction, helping Pinterest expand engagement and advertising opportunities as it develops into a shopping destination. Pinterest is winning the argument on AI costs and losing the one on growth
• Neutral Sentiment: Pinterest guided to roughly $1.2 billion of third-quarter revenue, broadly in line with analyst expectations. However, the forecast implies slower growth, limiting the benefit of the quarterly earnings beat. Pinterest expects slower quarterly revenue growth as ad competition heats up
• Negative Sentiment: Shares decreased in the immediate post-earnings reaction because investors viewed the outlook as lukewarm. Management cited intensifying digital-ad competition, particularly from Meta’s Instagram, as a risk to growth. Pinterest shares fall on lukewarm sales guidance
• Negative Sentiment: Higher costs resulted in a GAAP net loss of approximately $47 million despite the revenue and adjusted-profit beats, raising concerns about operating leverage and valuation support. Pinterest Sales Climb on Traction With Gen Z

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.