Pinterest (NYSE:PINS) Stock Price Target Cut by Wells Fargo & Company

Pinterest (NYSE:PINS) had its price target dropped by equities research analysts at Wells Fargo & Company from $31.00 to $23.00 in a report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential upside of 21.60% from the stock’s current price.

Several other brokerages have also issued reports on PINS. Jefferies Financial Group raised Pinterest from a “hold” rating to a “buy” rating in a research note on Monday, August 31st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Pinterest in a research report on Friday. Rosenblatt Securities upped their target price on Pinterest from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Bank of America reiterated a “neutral” rating and issued a $23.00 target price on shares of Pinterest in a report on Friday. Finally, Guggenheim decreased their price target on shares of Pinterest from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $26.50.

Pinterest Stock Down 5.0%

Shares of NYSE PINS traded down $1.00 during trading on Friday, hitting $18.91. 21,093,421 shares of the company traded hands, compared to its average volume of 16,511,510. The business’s fifty day moving average is $20.71 and its 200 day moving average is $20.83. Pinterest has a fifty-two week low of $13.84 and a fifty-two week high of $34.12. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 55.82, a P/E/G ratio of 1.49 and a beta of 0.90. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.81 and a current ratio of 3.81.

Pinterest (NYSE:PINS) last issued its earnings results on Thursday, October 29th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). Pinterest had a net margin of 5.46% and a return on equity of 7.49%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the business earned $0.38 earnings per share. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Equities research analysts predict that Pinterest will post 0.53 earnings per share for the current fiscal year.

Insider Activity at Pinterest

In other Pinterest news, Director Benjamin Silbermann sold 93,750 shares of Pinterest stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $21.43, for a total transaction of $2,009,062.50. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Julia Donnelly sold 59,096 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $23.48, for a total transaction of $1,387,574.08. Following the completion of the sale, the chief financial officer owned 817,409 shares of the company’s stock, valued at approximately $19,192,763.32. This represents a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 692,877 shares of company stock worth $14,733,501. 8.09% of the stock is owned by insiders.

Hedge Funds Weigh In On Pinterest

Several institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its position in shares of Pinterest by 271.1% during the 1st quarter. Renaissance Technologies LLC now owns 5,988,631 shares of the company’s stock valued at $109,831,000 after purchasing an additional 4,375,000 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Pinterest by 15.4% during the 1st quarter. Bank of America Corp DE now owns 5,848,116 shares of the company’s stock worth $107,254,000 after purchasing an additional 779,998 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Pinterest by 300.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 4,398,316 shares of the company’s stock worth $83,084,000 after buying an additional 3,299,884 shares during the last quarter. Bank of New York Mellon Corp raised its position in Pinterest by 11.1% in the first quarter. Bank of New York Mellon Corp now owns 4,014,388 shares of the company’s stock worth $73,624,000 after acquiring an additional 401,619 shares during the period. Finally, Senvest Management LLC increased its stake in shares of Pinterest by 5.1% during the 1st quarter. Senvest Management LLC now owns 3,594,581 shares of the company’s stock worth $65,925,000 after purchasing an additional 175,000 shares during the last quarter. 88.81% of the stock is owned by institutional investors.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported 12% year-over-year revenue growth to $1.17 billion and a record 661 million monthly active users, up 10%. Adjusted EBITDA was $339 million, while operating cash flow reached $316 million and free cash flow totaled $300 million. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: Despite lowering their targets, Cantor Fitzgerald maintained an “overweight” rating at $23 and Barclays retained an “equal weight” rating at $24. Both targets imply meaningful upside from recent trading levels, suggesting analysts still see longer-term value. Cantor Fitzgerald ratings
• Neutral Sentiment: Unusual options activity included purchases of approximately 17,657 put contracts, about 23% above typical daily volume. This indicates increased hedging or bearish speculation, although options activity alone does not establish the stock’s direction.
• Negative Sentiment: Pinterest missed third-quarter expectations: adjusted earnings were $0.46 per share versus roughly $0.49 expected, and revenue of $1.17 billion fell short of estimates near $1.21 billion. The company’s reported profitability also weakened, increasing investor concern about monetization and margins. Pinterest misses Q3 earnings and revenue estimates
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.45 billion was about 4.7% below Wall Street expectations, reinforcing fears that revenue growth is slowing. The disappointing outlook triggered the sharp selloff following results. Pinterest stock sinks as signs point to slowing revenue growth
• Negative Sentiment: Recent analyst target reductions and reports of substantial insider selling add to investor caution. Pinterest also traded lower alongside other social-media stocks after concerns that artificial intelligence could reduce online search traffic weighed on the sector.

About Pinterest

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.