In-Depth Examination Of 19 Analyst Recommendations For Pinterest

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During the last three months, 19 analysts shared their evaluations of Pinterest PINS, revealing diverse outlooks from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 12 4 0 0
Last 30D 0 0 1 0 0
1M Ago 1 2 0 0 0
2M Ago 2 4 3 0 0
3M Ago 0 6 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Pinterest, presenting an average target of $40.26, a high estimate of $48.00, and a low estimate of $33.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 6.5%.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A clear picture of Pinterest's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Thomas Champion Piper Sandler Lowers Neutral $36.00 $41.00
John Blackledge TD Cowen Announces Buy $38.00 -
Scott Devitt Wedbush Announces Outperform $38.00 -
Justin Patterson Keybanc Lowers Overweight $39.00 $45.00
Barton Crockett Rosenblatt Lowers Buy $46.00 $48.00
Aaron Kessler Raymond James Lowers Outperform $34.00 $40.00
Lloyd Walmsley UBS Lowers Buy $46.00 $52.00
Rohit Kulkarni Roth MKM Lowers Neutral $33.00 $39.00
Doug Anmuth JP Morgan Lowers Neutral $35.00 $38.00
Jason Helfstein Oppenheimer Lowers Outperform $40.00 $45.00
Scott Devitt Wedbush Raises Neutral $38.00 $37.00
Thomas Champion Piper Sandler Lowers Overweight $41.00 $45.00
Colin Sebastian Baird Lowers Outperform $36.00 $41.00
Justin Patterson Keybanc Raises Overweight $45.00 $43.00
Deepak Mathivanan Cantor Fitzgerald Maintains Overweight $41.00 $41.00
Jason Helfstein Oppenheimer Announces Outperform $45.00 -
Deepak Mathivanan Cantor Fitzgerald Maintains Overweight $41.00 $41.00
Thomas Champion Piper Sandler Maintains Overweight $45.00 $45.00
Brad Erickson RBC Capital Maintains Outperform $48.00 $48.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Pinterest. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Pinterest compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Pinterest's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Pinterest's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Pinterest analyst ratings.

All You Need to Know About Pinterest

Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform's user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.

Understanding the Numbers: Pinterest's Finances

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: Over the 3 months period, Pinterest showcased positive performance, achieving a revenue growth rate of 17.71% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.

Net Margin: Pinterest's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.4%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Pinterest's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.0%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Pinterest's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.84%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.05, Pinterest adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: What Are They?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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