Zacks Research Forecasts Stronger Earnings for Pinterest

Pinterest, Inc. (NYSE:PINS - Free Report) - Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Pinterest in a research note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.56 for the year, up from their previous estimate of $0.54. The consensus estimate for Pinterest's current full-year earnings is $0.60 per share. Zacks Research also issued estimates for Pinterest's Q4 2025 earnings at $0.35 EPS, Q3 2026 earnings at $0.28 EPS, FY2026 earnings at $1.11 EPS and FY2027 earnings at $1.51 EPS.

Several other analysts have also commented on PINS. Raymond James boosted their price target on Pinterest from $34.00 to $42.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Piper Sandler reissued a "neutral" rating and issued a $41.00 price objective (up previously from $36.00) on shares of Pinterest in a research note on Friday, February 7th. Cantor Fitzgerald boosted their price objective on Pinterest from $36.00 to $48.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Barclays boosted their price objective on Pinterest from $36.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Finally, Royal Bank of Canada boosted their target price on Pinterest from $48.00 to $50.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Eight analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, Pinterest has a consensus rating of "Moderate Buy" and a consensus target price of $43.47.

Remove Ads

Pinterest Price Performance

Shares of PINS stock opened at $33.27 on Thursday. The stock's fifty day simple moving average is $34.32 and its 200 day simple moving average is $32.27. The firm has a market cap of $22.56 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 1.95 and a beta of 1.02. Pinterest has a one year low of $27.00 and a one year high of $45.19.

Pinterest (NYSE:PINS - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.30). Pinterest had a return on equity of 8.10% and a net margin of 51.07%.

Insider Transactions at Pinterest

In other news, insider Wanjiku Juanita Walcott sold 6,690 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $32.85, for a total transaction of $219,766.50. Following the completion of the transaction, the insider now directly owns 254,211 shares of the company's stock, valued at $8,350,831.35. This represents a 2.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gokul Rajaram sold 1,150 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $30.43, for a total value of $34,994.50. Following the transaction, the director now directly owns 30,236 shares of the company's stock, valued at $920,081.48. This trade represents a 3.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,879 shares of company stock valued at $3,653,577 over the last three months. Company insiders own 7.11% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PINS. Price T Rowe Associates Inc. MD boosted its position in Pinterest by 104.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 25,432,141 shares of the company's stock valued at $737,533,000 after purchasing an additional 12,986,310 shares during the last quarter. Norges Bank bought a new stake in Pinterest in the fourth quarter valued at approximately $358,205,000. Marshall Wace LLP raised its stake in Pinterest by 134.1% in the fourth quarter. Marshall Wace LLP now owns 10,701,783 shares of the company's stock valued at $310,352,000 after buying an additional 6,129,985 shares during the period. Point72 Asset Management L.P. bought a new stake in Pinterest in the third quarter valued at approximately $153,829,000. Finally, Ameriprise Financial Inc. raised its stake in Pinterest by 49.7% in the fourth quarter. Ameriprise Financial Inc. now owns 13,635,800 shares of the company's stock valued at $395,441,000 after buying an additional 4,527,902 shares during the period. 88.81% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.