Wedbush Estimates Pinterest’s Q1 Earnings (NYSE:PINS)

Pinterest, Inc. (NYSE:PINS) – Equities researchers at Wedbush issued their Q1 2025 EPS estimates for Pinterest in a research note issued to investors on Monday, November 11th. Wedbush analyst S. Devitt forecasts that the company will post earnings per share of ($0.04) for the quarter. Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for Pinterest’s current full-year earnings is $0.39 per share. Wedbush also issued estimates for Pinterest’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.14 EPS and Q4 2025 earnings at $0.52 EPS.

Other research analysts have also recently issued reports about the stock. Barclays decreased their price objective on shares of Pinterest from $38.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 31st. Evercore ISI decreased their price objective on shares of Pinterest from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 31st. Piper Sandler reissued an “overweight” rating and issued a $41.00 price objective (down from $45.00) on shares of Pinterest in a research note on Friday, November 8th. Benchmark reissued a “hold” rating on shares of Pinterest in a research note on Friday, November 8th. Finally, Wells Fargo & Company decreased their price objective on shares of Pinterest from $49.00 to $41.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 31st. Seven investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Pinterest presently has a consensus rating of “Moderate Buy” and an average price target of $42.00.

Pinterest Trading Down 2.1 %

Shares of PINS opened at $29.36 on Thursday. Pinterest has a 12 month low of $27.00 and a 12 month high of $45.19. The firm’s 50 day moving average is $31.76 and its 200-day moving average is $36.27. The stock has a market capitalization of $20.15 billion, a PE ratio of 98.77, a P/E/G ratio of 2.34 and a beta of 1.02.

Insider Activity at Pinterest

In other Pinterest news, Director Gokul Rajaram sold 1,150 shares of Pinterest stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $33.52, for a total value of $38,548.00. Following the completion of the sale, the director now directly owns 33,686 shares of the company’s stock, valued at approximately $1,129,154.72. The trade was a 3.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Donnelly Julia Brau sold 30,280 shares of Pinterest stock in a transaction on Friday, September 27th. The shares were sold at an average price of $32.72, for a total transaction of $990,761.60. Following the completion of the sale, the chief financial officer now directly owns 297,351 shares of the company’s stock, valued at approximately $9,729,324.72. This trade represents a 9.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.11% of the stock is owned by company insiders.

Institutional Investors Weigh In On Pinterest

A number of institutional investors have recently added to or reduced their stakes in the company. Paloma Partners Management Co boosted its stake in Pinterest by 1,328.6% in the third quarter. Paloma Partners Management Co now owns 60,000 shares of the company’s stock valued at $1,942,000 after acquiring an additional 55,800 shares during the last quarter. True Wealth Design LLC boosted its stake in Pinterest by 8,261.1% in the third quarter. True Wealth Design LLC now owns 1,505 shares of the company’s stock valued at $49,000 after acquiring an additional 1,487 shares during the last quarter. Maverick Capital Ltd. boosted its stake in Pinterest by 47.6% in the third quarter. Maverick Capital Ltd. now owns 57,180 shares of the company’s stock valued at $1,851,000 after acquiring an additional 18,430 shares during the last quarter. JAT Capital Mgmt LP boosted its stake in Pinterest by 123.4% in the third quarter. JAT Capital Mgmt LP now owns 701,500 shares of the company’s stock valued at $22,708,000 after acquiring an additional 387,500 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in Pinterest by 8.4% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,540,152 shares of the company’s stock valued at $49,855,000 after acquiring an additional 119,367 shares during the last quarter. 88.81% of the stock is owned by institutional investors.

About Pinterest

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.