Pinterest (NYSE:PINS) Price Target Raised to $30.00

Pinterest (NYSE:PINS) had its target price boosted by Oppenheimer from $24.00 to $30.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on PINS. Royal Bank Of Canada increased their target price on shares of Pinterest from $17.00 to $23.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Weiss Ratings downgraded shares of Pinterest from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Wall Street Zen downgraded shares of Pinterest from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Wells Fargo & Company began coverage on shares of Pinterest in a research report on Tuesday, April 7th. They issued an “overweight” rating and a $25.00 price objective for the company. Finally, KeyCorp lowered their price objective on shares of Pinterest from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 3rd. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.40.

Pinterest Stock Up 2.2%

PINS opened at $21.64 on Tuesday. The firm has a 50 day moving average price of $19.05 and a 200 day moving average price of $23.28. The company has a market cap of $14.39 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 1.26 and a beta of 0.93. Pinterest has a 1 year low of $13.84 and a 1 year high of $39.93. The company has a debt-to-equity ratio of 0.34, a quick ratio of 7.64 and a current ratio of 4.23.

Pinterest (NYSE:PINS) last posted its earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The company’s revenue was up 17.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. Sell-side analysts expect that Pinterest will post 0.64 earnings per share for the current year.

Insider Transactions at Pinterest

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

Hedge Funds Weigh In On Pinterest

Several institutional investors and hedge funds have recently made changes to their positions in PINS. Norges Bank purchased a new position in shares of Pinterest during the 4th quarter valued at approximately $357,945,000. Davis Selected Advisers purchased a new position in shares of Pinterest during the 3rd quarter valued at approximately $253,887,000. State Street Corp boosted its stake in shares of 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 buying an additional 7,412,213 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of 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 buying an additional 6,258,628 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of 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 buying an additional 3,669,476 shares during the last quarter. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 earnings beat and user milestone — Pinterest posted a better?than?expected quarter with accelerating ad revenue tied to its AI ad capabilities and reported a user milestone that helped drive upside in revenue and EPS. This operational momentum is the primary reason for the recent share strength. Article Title
• Positive Sentiment: Analyst upgrades and higher price targets — Several brokerages raised ratings and targets (examples include Citigroup, Oppenheimer and Wells Fargo), which reinforces upside expectations for the stock and supports short?term buying interest. Citigroup Boosts Price Target Wells Fargo Upgrade
• Positive Sentiment: Market cap gain and buyback backdrop — Coverage noted a roughly $2B market?cap increase after the quarter and highlighted share repurchase activity; buybacks can amplify earnings per share and support valuation. Article Title
• Negative Sentiment: Multiple securities class actions filed — Several law firms have filed or are soliciting lead?plaintiff candidates in lawsuits alleging misinformation around advertising/tariff resilience and related disclosures for the period Feb 7, 2025–Feb 12, 2026. The legal overhang could pressure the stock, raise potential settlement costs, and create headline risk. Article Title
• Negative Sentiment: Investor notices and counsel solicitations increase scrutiny — Multiple firms (Rosen, Bernstein, Faruqi & Faruqi, Levi & Korsinsky, etc.) are actively notifying shareholders of deadlines to join or lead the class action, keeping the story in the news cycle and potentially extending the sell?side/retail debate over disclosures. Article Title

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.