Pinterest (NYSE:PINS) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Pinterest (NYSE:PINS) from a hold rating to a buy rating in a research report report published on Saturday morning.

Several other equities research analysts have also recently issued reports on the company. KeyCorp lowered their price objective on Pinterest from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 3rd. Mizuho lifted their price objective on Pinterest from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Citigroup lifted their price objective on Pinterest from $19.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Robert W. Baird lifted their price objective on Pinterest from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $24.00 price objective on shares of Pinterest in a report on Tuesday. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $27.40.

Pinterest Price Performance

NYSE:PINS opened at $21.30 on Friday. Pinterest has a 52 week low of $13.84 and a 52 week high of $39.93. The company has a quick ratio of 7.64, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $14.17 billion, a PE ratio of 44.38, a price-to-earnings-growth ratio of 1.23 and a beta of 0.93. The stock’s 50-day moving average price is $19.05 and its 200-day moving average price is $23.28.

Pinterest (NYSE:PINS) last posted its earnings results on Monday, May 4th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $965.84 million. During the same period last year, the firm earned $0.23 EPS. The company’s quarterly revenue was up 17.8% on a year-over-year basis. As a group, equities analysts expect that Pinterest will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling at Pinterest

In other news, Director Gokul Rajaram sold 2,100 shares of the business’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 transaction, the director directly owned 27,450 shares in the company, valued at $549,000. The trade was a 7.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.09% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PINS. Elevated Capital Advisors LLC acquired a new position in shares of Pinterest during the 4th quarter worth approximately $26,000. N.E.W. Advisory Services LLC boosted its holdings in shares of Pinterest by 505.7% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 854 shares of the company’s stock worth $27,000 after purchasing an additional 713 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings 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 purchasing 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% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after purchasing an additional 1,049 shares during the last quarter. Finally, Addison Advisors LLC boosted its holdings in shares of Pinterest by 727.3% during the 4th quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after purchasing an additional 1,200 shares during the last quarter. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest’s latest quarterly results were strong, with revenue and earnings beating expectations, monthly active users rising, and management showing continued execution on growth and buybacks. Pinterest: Holy Speedy Buybacks Batman!
• Positive Sentiment: Several analysts turned more constructive on Pinterest after the earnings report, including price-target increases from firms such as Citigroup and Oppenheimer, which supports the stock’s recent upward momentum. Citigroup Boosts Pinterest (NYSE:PINS) Price Target to $25.00
• Positive Sentiment: Unusual options activity suggests traders are positioning for a near-term move in Pinterest shares, which can add to volatility and speculative interest. Unusual options activity in Pinterest stock caught my eye. How to trade it here.
• Neutral Sentiment: Multiple law firms are issuing reminders about a May 29 lead-plaintiff deadline in an existing securities class action against Pinterest, keeping legal overhang in focus but not adding new allegations. Pomerantz Law Firm Announces the Filing of a Class Action Against Pinterest, Inc. and Certain Officers – PINS
• Neutral Sentiment: Recent coverage also notes Pinterest’s earlier buyback activity and balance-sheet flexibility, which are supportive over the longer term but unlikely to be the main driver of today’s trading. Pinterest: Holy Speedy Buybacks Batman!
• Negative Sentiment: Today’s legal headlines may weigh on sentiment, as investors are repeatedly reminded of the class action alleging securities-fraud-related harm during the February 2025 to February 2026 period. Deadline Alert: Pinterest, Inc. (PINS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

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.