Pinterest (NYSE:PINS) Price Target Cut to $20.00 by Analysts at Wedbush

Pinterest (NYSE:PINS) had its price objective decreased by Wedbush from $24.00 to $20.00 in a research report released on Friday morning,Benzinga reports. Wedbush currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the company. KeyCorp cut their price objective on Pinterest from $30.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday. Wells Fargo & Company lifted their price target on Pinterest from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Zacks Research downgraded shares of Pinterest from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pinterest in a research report on Monday. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $22.00 target price on shares of Pinterest in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Pinterest currently has an average rating of “Moderate Buy” and an average price target of $26.50.

Pinterest Stock Down 2.8%

Shares of Pinterest stock opened at $19.37 on Friday. The stock’s fifty day moving average is $20.64 and its 200-day moving average is $20.79. The firm has a market capitalization of $10.85 billion, a PE ratio of 77.47, a price-to-earnings-growth ratio of 1.42 and a beta of 0.90. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.34. Pinterest has a 12-month low of $13.84 and a 12-month high of $34.12.

Pinterest (NYSE:PINS) last announced 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 3.81% and a return on equity of 6.39%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the company earned $0.38 earnings per share. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities analysts anticipate that Pinterest will post 0.53 earnings per share for the current year.

Insider Transactions at Pinterest

In other Pinterest news, insider Wanjiku Walcott sold 14,103 shares of Pinterest stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $18.21, for a total value of $256,815.63. Following the completion of the sale, the insider directly owned 658,902 shares in the company, valued at $11,998,605.42. The trade was a 2.10% decrease in their ownership of the stock. The transaction 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. Also, insider Claude Leonard Brown sold 12,240 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $20.00, for a total transaction of $244,800.00. Following the transaction, the insider owned 1,130,768 shares in the company, valued at $22,615,360. This represents a 1.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 692,877 shares of company stock valued at $14,733,501 in the last quarter. Corporate insiders own 8.09% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PINS. Focused Wealth Management Inc bought a new position in shares of Pinterest in the third quarter valued at approximately $190,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Pinterest in the third quarter worth $60,000. Greenleaf Trust acquired a new stake in shares of Pinterest in the third quarter worth $205,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Pinterest during the 3rd quarter worth $1,279,000. Finally, Greatmark Investment Partners Inc. boosted its holdings in shares of Pinterest by 20.2% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 30,525 shares of the company’s stock worth $577,000 after buying an additional 5,125 shares during the period. 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 third-quarter revenue of $1.17 billion, up 11.9% year over year, while global monthly active users rose 10% to a record 661 million. The company also generated $339 million in adjusted EBITDA and $300 million in free cash flow. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: KeyBanc maintained its Buy rating, while Wells Fargo and Cantor Fitzgerald retained Overweight ratings. Their revised targets of $23 imply potential upside from current trading levels, suggesting some analysts still view the selloff as excessive. KeyBanc Remains a Buy on Pinterest
• Neutral Sentiment: Unusually heavy put-option activity was reported, with traders buying approximately 17,657 puts—about 23% above typical daily volume. This indicates elevated hedging or bearish speculation but does not confirm the direction of future trading.
• Negative Sentiment: Pinterest missed third-quarter expectations: adjusted EPS was $0.46 versus a $0.49 consensus, and revenue of $1.17 billion fell short of estimates near $1.21 billion. Analysts attributed the miss to pressure on advertising growth. 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, fueling concerns that Pinterest’s revenue growth is decelerating during the holiday period. Pinterest Sets Q4 Outlook Below Street View
• Negative Sentiment: Several firms cut their price targets: Wells Fargo lowered its target from $31 to $23, Barclays from $31 to $24, and Wedbush from $24 to $20; Wedbush also shifted to Neutral. The reductions reinforce concerns about weaker near-term growth and advertising momentum. Wells Fargo Lowers Pinterest Price Target

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.