Pinterest (NYSE:PINS) Stock Price Target Lowered at Citigroup

Pinterest (NYSE:PINS) had its target price reduced by equities researchers at Citigroup from $27.00 to $22.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup‘s price objective suggests a potential upside of 9.37% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. BMO Capital Markets reissued an “outperform” rating on shares of Pinterest in a report on Friday. JPMorgan Chase & Co. cut their target price on shares of Pinterest from $27.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday. DA Davidson reduced their price target on shares of Pinterest from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Monday. Wells Fargo & Company decreased their price target on shares of Pinterest from $31.00 to $23.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Susquehanna cut their price objective on Pinterest from $32.00 to $25.00 and set a “positive” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $25.97.

Pinterest Stock Performance

Pinterest stock traded up $0.76 during midday trading on Monday, reaching $20.11. 7,670,236 shares of the company traded hands, compared to its average volume of 16,543,203. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 80.13, a price-to-earnings-growth ratio of 1.38 and a beta of 0.90. The business has a 50 day moving average of $20.64 and a two-hundred day moving average of $20.79. Pinterest has a 12 month low of $13.84 and a 12 month high of $34.12. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.28 and a quick ratio of 4.28.

Pinterest (NYSE:PINS) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). Pinterest had a return on equity of 6.58% and a net margin of 3.81%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the business posted $0.38 earnings per share. The firm’s revenue was up 11.9% on a year-over-year basis. As a group, research analysts predict that Pinterest will post 0.53 earnings per share for the current year.

Insider Buying and Selling at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 93,750 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $21.43, for a total value of $2,009,062.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Julia Donnelly sold 59,096 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $23.48, for a total transaction of $1,387,574.08. Following the sale, the chief financial officer directly owned 817,409 shares in the company, valued at $19,192,763.32. The trade was a 6.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 692,877 shares of company stock worth $14,733,501 over the last ninety days. Corporate insiders own 8.09% of the company’s stock.

Institutional Investors Weigh In On Pinterest

Several institutional investors have recently bought and sold shares of PINS. Amundi boosted its holdings in Pinterest by 38.3% during the 1st quarter. Amundi now owns 3,200,829 shares of the company’s stock valued at $58,703,000 after acquiring an additional 885,927 shares during the period. Insight Wealth Strategies LLC acquired a new stake in shares of Pinterest during the third quarter worth about $4,901,000. Lazard Asset Management LLC increased its stake in Pinterest by 53.4% during the 1st quarter. Lazard Asset Management LLC now owns 1,421,187 shares of the company’s stock worth $26,065,000 after buying an additional 494,571 shares during the period. First Trust Advisors LP grew its stake in shares of Pinterest by 12.2% in the first quarter. First Trust Advisors LP now owns 1,970,857 shares of the company’s stock worth $36,145,000 after acquiring an additional 213,677 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in Pinterest by 40.6% during the 4th quarter. Hsbc Holdings PLC now owns 834,914 shares of the company’s stock worth $21,596,000 after purchasing an additional 241,154 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Key Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: DA Davidson maintained a Buy rating and lowered its price target from $27 to $25, still implying approximately 24% upside from the recent trading level. DA Davidson Pinterest rating
• Neutral Sentiment: JPMorgan reduced its target from $27 to $22 and kept a Neutral rating, while Rosenblatt cut its target from $25 to $21 and also remained Neutral. Both firms see limited-to-moderate upside but less value than previously estimated. JPMorgan and Rosenblatt Pinterest ratings
• Negative Sentiment: Several other firms reportedly lowered their targets or became more defensive: Barclays, Cantor Fitzgerald and Wedbush trimmed their price targets, while Jefferies downgraded Pinterest to Hold. These actions reinforce concerns about the company’s near-term growth and valuation. Barclays Pinterest target Cantor Fitzgerald Pinterest target Wedbush Pinterest target Jefferies Pinterest downgrade
• Negative Sentiment: Recent earnings-related coverage remains a concern: Pinterest’s latest quarterly revenue and adjusted earnings missed consensus expectations, despite double-digit year-over-year revenue growth. Investors are also monitoring bearish positioning after unusually heavy put-option activity and a pessimistic Wells Fargo forecast. Pinterest 2026 third-quarter results Pinterest put options activity Wells Fargo Pinterest forecast

Pinterest Company Profile

Pinterest, Inc (NYSE: PINS) operates a visual discovery platform that helps people find ideas and inspiration for activities such as home improvement, cooking, fashion, travel and event planning. Users can discover, save and organize images and videos—known as Pins—on personalized boards and explore recommendations based on their interests.

The company also provides tools for businesses and creators to showcase products and content on the platform. Its advertising business includes promoted Pins and other advertising formats designed to help marketers reach users while they are discovering ideas, researching products and planning purchases.