Pinterest, Inc. (NYSE:PINS – Free Report) – Investment analysts at Roth Capital cut their Q2 2025 EPS estimates for shares of Pinterest in a research report issued on Monday, February 3rd. Roth Capital analyst R. Kulkarni now anticipates that the company will earn $0.03 per share for the quarter, down from their prior estimate of $0.05. The consensus estimate for Pinterest’s current full-year earnings is $0.42 per share.
Several other equities analysts have also recently weighed in on PINS. Jefferies Financial Group reiterated a “hold” rating and issued a $32.00 price target (down from $40.00) on shares of Pinterest in a research report on Monday, January 13th. Wells Fargo & Company reduced their target price on Pinterest from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, January 13th. Raymond James lowered their price target on shares of Pinterest from $40.00 to $34.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Oppenheimer reduced their price objective on shares of Pinterest from $45.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. Finally, KeyCorp lowered their target price on shares of Pinterest from $39.00 to $37.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Nine analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $40.70.
Pinterest Trading Down 0.5 %
Pinterest stock opened at $33.23 on Tuesday. The firm has a market capitalization of $22.45 billion, a price-to-earnings ratio of 110.75, a P/E/G ratio of 1.68 and a beta of 1.06. The firm has a 50 day simple moving average of $31.17 and a 200 day simple moving average of $31.55. Pinterest has a 1-year low of $27.00 and a 1-year high of $45.19.
Hedge Funds Weigh In On Pinterest
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Point72 Asset Management L.P. purchased a new position in shares of Pinterest during the third quarter valued at approximately $153,829,000. Southpoint Capital Advisors LP purchased a new stake in Pinterest during the 3rd quarter valued at $123,006,000. Ontario Teachers Pension Plan Board raised its stake in Pinterest by 51.5% during the 3rd quarter. Ontario Teachers Pension Plan Board now owns 8,812,117 shares of the company’s stock valued at $285,248,000 after buying an additional 2,996,750 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Pinterest by 122.1% during the 4th quarter. Nordea Investment Management AB now owns 3,807,269 shares of the company’s stock valued at $111,515,000 after buying an additional 2,093,248 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Pinterest by 582.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 2,266,948 shares of the company’s stock worth $65,741,000 after buying an additional 1,934,653 shares during the last quarter. Institutional investors own 88.81% of the company’s stock.
Insiders Place Their Bets
In other news, CAO Andrea Acosta sold 3,845 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $30.88, for a total value of $118,733.60. Following the transaction, the chief accounting officer now owns 158,468 shares in the company, valued at approximately $4,893,491.84. This represents a 2.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Wanjiku Juanita Walcott sold 11,862 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $30.82, for a total transaction of $365,586.84. Following the sale, the insider now directly owns 246,921 shares of the company’s stock, valued at $7,610,105.22. This trade represents a 4.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,157 shares of company stock worth $589,131. 7.11% of the stock is currently owned by company insiders.
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.
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