FY2027 EPS Estimates for Pinterest Reduced by Zacks Research

Pinterest, Inc. (NYSE:PINS) – Zacks Research lowered their FY2027 earnings per share estimates for Pinterest in a research report issued on Wednesday, December 24th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.05 per share for the year, down from their previous estimate of $1.09. The consensus estimate for Pinterest’s current full-year earnings is $0.60 per share.

Pinterest (NYSE:PINS) last posted its quarterly earnings data on Tuesday, September 19th. The company reported $0.11 EPS for the quarter. The firm had revenue of $665.93 million for the quarter. Pinterest had a return on equity of 8.20% and a net margin of 48.99%.

Other analysts also recently issued reports about the stock. Cantor Fitzgerald decreased their price objective on shares of Pinterest from $40.00 to $34.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. JPMorgan Chase & Co. decreased their price target on Pinterest from $44.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Evercore ISI dropped their price objective on Pinterest from $50.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Piper Sandler reiterated a “neutral” rating and issued a $33.00 target price (down from $35.00) on shares of Pinterest in a research report on Wednesday, November 5th. Finally, Sanford C. Bernstein dropped their target price on Pinterest from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $38.97.

Pinterest Price Performance

Shares of NYSE:PINS opened at $25.89 on Monday. The company has a market capitalization of $17.49 billion, a P/E ratio of 8.99, a P/E/G ratio of 1.66 and a beta of 0.89. Pinterest has a 1-year low of $23.68 and a 1-year high of $40.90. The firm’s 50 day simple moving average is $27.84 and its two-hundred day simple moving average is $32.79.

Hedge Funds Weigh In On Pinterest

A number of hedge funds have recently bought and sold shares of PINS. Snowden Capital Advisors LLC lifted its stake in Pinterest by 4.4% in the 2nd quarter. Snowden Capital Advisors LLC now owns 7,046 shares of the company’s stock valued at $253,000 after buying an additional 296 shares in the last quarter. Penserra Capital Management LLC boosted its position in shares of Pinterest by 10.1% during the 2nd quarter. Penserra Capital Management LLC now owns 3,259 shares of the company’s stock worth $115,000 after purchasing an additional 300 shares during the period. EP Wealth Advisors LLC grew its position in Pinterest by 3.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 9,483 shares of the company’s stock valued at $340,000 after acquiring an additional 358 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its holdings in Pinterest by 3.6% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 10,302 shares of the company’s stock valued at $369,000 after purchasing an additional 359 shares during the period. Finally, Dynamic Wealth Strategies LLC boosted its stake in shares of Pinterest by 5.8% in the 2nd quarter. Dynamic Wealth Strategies LLC now owns 6,596 shares of the company’s stock valued at $237,000 after buying an additional 361 shares during the period. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Insiders Place Their Bets

In other Pinterest news, insider Malik Ducard sold 6,000 shares of the stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total transaction of $155,160.00. Following the sale, the insider directly owned 699,773 shares of the company’s stock, valued at approximately $18,096,129.78. This trade represents a 0.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Wanjiku Juanita Walcott sold 74,047 shares of Pinterest stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $26.89, for a total transaction of $1,991,123.83. Following the transaction, the insider directly owned 301,214 shares of the company’s stock, valued at approximately $8,099,644.46. This trade represents a 19.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 102,876 shares of company stock valued at $2,736,690. 7.11% of the stock is owned by company insiders.

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.