Pinterest (NYSE:PINS) Rating Increased to Strong-Buy at Mizuho

Mizuho upgraded shares of Pinterest (NYSE:PINS) to a strong-buy rating in a report released on Monday,Zacks.com reports.

Several other brokerages also recently weighed in on PINS. Wall Street Zen upgraded shares of Pinterest from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Sanford C. Bernstein boosted their price target on shares of Pinterest from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Monness Crespi & Hardt boosted their price target on shares of Pinterest from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Citigroup restated a “buy” rating and set a $50.00 price target (up from $44.00) on shares of Pinterest in a research report on Friday, August 8th. Finally, Benchmark boosted their price target on shares of Pinterest from $45.00 to $48.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.63.

Pinterest Price Performance

Shares of PINS stock opened at $32.18 on Monday. The firm has a fifty day moving average of $36.29 and a two-hundred day moving average of $33.16. Pinterest has a 1-year low of $23.68 and a 1-year high of $40.90. The firm has a market cap of $21.88 billion, a P/E ratio of 11.53, a P/E/G ratio of 1.39 and a beta of 0.77.

Pinterest (NYSE:PINS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). Pinterest had a return on equity of 8.44% and a net margin of 49.31%.The business had revenue of $998.23 million during the quarter, compared to the consensus estimate of $973.42 million. During the same quarter in the previous year, the business posted $0.29 earnings per share. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. Pinterest has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Pinterest will post 0.6 EPS for the current year.

Insider Activity at Pinterest

In other Pinterest news, CFO Donnelly Julia Brau sold 22,821 shares of Pinterest stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $34.85, for a total value of $795,311.85. Following the completion of the sale, the chief financial officer directly owned 312,422 shares in the company, valued at $10,887,906.70. The trade was a 6.81% 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. Also, Director Gokul Rajaram sold 1,150 shares of Pinterest stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $35.00, for a total transaction of $40,250.00. Following the completion of the transaction, the director owned 30,600 shares in the company, valued at $1,071,000. This trade represents a 3.62% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 967,627 shares of company stock valued at $34,866,089. 7.11% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Revolve Wealth Partners LLC bought a new position in Pinterest during the fourth quarter worth $252,000. Wealth Enhancement Advisory Services LLC lifted its position in Pinterest by 134.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 92,649 shares of the company’s stock valued at $2,687,000 after purchasing an additional 53,081 shares during the period. GAMMA Investing LLC lifted its position in Pinterest by 6,326.2% during the 1st quarter. GAMMA Investing LLC now owns 68,696 shares of the company’s stock valued at $2,216,000 after purchasing an additional 67,627 shares during the period. Rhumbline Advisers lifted its position in Pinterest by 2.8% during the 1st quarter. Rhumbline Advisers now owns 1,201,067 shares of the company’s stock valued at $37,233,000 after purchasing an additional 32,530 shares during the period. Finally, NBC Securities Inc. raised its position in shares of Pinterest by 99,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $31,000 after acquiring an additional 999 shares during the period. Institutional investors and hedge funds own 88.81% of the company’s stock.

Pinterest Company Profile

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.