Robert W. Baird Issues Positive Forecast for Pinterest (NYSE:PINS) Stock Price

Pinterest (NYSE:PINS) had its target price increased by investment analysts at Robert W. Baird from $20.00 to $24.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Robert W. Baird’s price target suggests a potential upside of 15.05% from the stock’s current price.

Several other research firms also recently weighed in on PINS. Deutsche Bank Aktiengesellschaft downgraded shares of Pinterest from a “buy” rating to a “hold” rating and set a $16.00 target price on the stock. in a research report on Friday, February 13th. The Goldman Sachs Group reissued a “buy” rating on shares of Pinterest in a research report on Tuesday. Guggenheim dropped their target price on shares of Pinterest from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Stifel Nicolaus dropped their target price on shares of Pinterest from $40.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, Wall Street Zen downgraded shares of Pinterest from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $25.72.

Pinterest Trading Up 3.2%

NYSE:PINS opened at $20.86 on Tuesday. The company has a market cap of $13.87 billion, a PE ratio of 34.20, a P/E/G ratio of 1.36 and a beta of 0.93. Pinterest has a twelve month low of $13.84 and a twelve month high of $39.93. The company’s 50 day moving average is $18.77 and its two-hundred day moving average is $23.51.

Pinterest (NYSE:PINS) last released its earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a net margin of 9.87% and a return on equity of 7.95%. Pinterest’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. As a group, analysts expect that Pinterest will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Pinterest news, Director Gokul Rajaram sold 2,100 shares of Pinterest stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the sale, the director directly owned 27,450 shares in the company, valued at approximately $549,000. The trade was a 7.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.09% of the company’s stock.

Institutional Trading of Pinterest

Several institutional investors and hedge funds have recently bought and sold shares of PINS. Norges Bank acquired a new stake in Pinterest during the 4th quarter valued at approximately $357,945,000. Davis Selected Advisers acquired a new stake in Pinterest during the 3rd quarter valued at approximately $253,887,000. State Street Corp lifted its stake in Pinterest by 52.6% during the 4th quarter. State Street Corp now owns 21,492,169 shares of the company’s stock valued at $556,432,000 after acquiring an additional 7,412,213 shares during the period. Victory Capital Management Inc. lifted its stake in Pinterest by 30.5% during the 4th quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock valued at $694,082,000 after acquiring an additional 6,258,628 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in Pinterest by 15.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,809,693 shares of the company’s stock valued at $719,994,000 after acquiring an additional 3,669,476 shares during the period. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 results beat: revenue of ~$1.01B (+17.8% Y/Y) and adjusted EPS $0.27 topped estimates, showing healthy top- and bottom-line beats that drove the stock move. Pinterest Reports Bullish Q1
• Positive Sentiment: Upbeat Q2 revenue guide: the company forecast Q2 revenue above Street estimates (midpoint ~ $1.14B), signaling resilient advertiser spending. CNBC: Pinterest surges after earnings
• Positive Sentiment: Engagement and user growth: Global MAUs rose 11% to 631 million (10th consecutive quarter of double-digit user growth), supporting ad monetization upside. Seeking Alpha: Wall Street Breakfast Podcast
• Positive Sentiment: AI/visual search tailwinds: management highlights AI-powered visual search and taste-graph improvements that are starting to translate into stronger ad performance and revenue. PYMNTS: AI bet paying off
• Positive Sentiment: Capital return: company announced approximately $2B of share repurchases, which supports EPS and signals confidence from management. Business Wire: Q1 results and repurchases
• Neutral Sentiment: Analyst/coverage notes: multiple outlets and analysts revised estimates ahead of and after the print; transcripts and metric deep-dives are available for investors checking sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Securities class-action activity: several law firms (Levi & Korsinsky, Rosen, Faruqi & Faruqi) have publicized and filed claims alleging inadequate disclosures covering Feb 7, 2025–Feb 12, 2026, which creates legal risk and potential costs. GlobeNewswire: Investor Alert (Levi & Korsinsky)
• Negative Sentiment: Legal deadlines: competing firms are soliciting lead-plaintiff roles ahead of a May 29 deadline, keeping the litigation story in focus for shareholders. PR Newswire: Rosen reminder

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.