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

Pinterest, Inc. (NYSE:PINS) – Analysts at Wedbush issued their Q1 2025 earnings per share (EPS) estimates for shares of Pinterest in a research note issued to investors on Monday, November 11th. Wedbush analyst S. Devitt expects that the company will post earnings per share of ($0.04) for the quarter. Wedbush 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 equities analysts have also recently issued research reports about the company. UBS Group decreased their price objective on Pinterest from $52.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Pinterest in a research report on Monday, September 23rd. They issued a “buy” rating and a $43.00 price objective on the stock. Wells Fargo & Company decreased their price target on Pinterest from $49.00 to $41.00 and set an “overweight” rating for the company in a report on Wednesday, July 31st. Citigroup cut their target price on Pinterest from $51.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st. Finally, Robert W. Baird dropped their price target on shares of Pinterest from $41.00 to $36.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Seven investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $42.00.

Pinterest Trading Down 2.2 %

Shares of NYSE PINS opened at $29.98 on Thursday. Pinterest has a 12-month low of $27.00 and a 12-month high of $45.19. The stock has a market cap of $20.57 billion, a P/E ratio of 99.93, a PEG ratio of 2.34 and a beta of 1.02. The business’s fifty day simple moving average is $31.76 and its 200-day simple moving average is $36.27.

Hedge Funds Weigh In On Pinterest

Several hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC grew its position in shares of Pinterest by 195.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,151 shares of the company’s stock valued at $75,000 after purchasing an additional 1,422 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Pinterest by 19.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 20,424 shares of the company’s stock valued at $708,000 after acquiring an additional 3,371 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Pinterest by 25.5% during the first quarter. Empowered Funds LLC now owns 7,432 shares of the company’s stock valued at $258,000 after acquiring an additional 1,510 shares during the last quarter. Russell Investments Group Ltd. increased its position in Pinterest by 38.0% during the 1st quarter. Russell Investments Group Ltd. now owns 613,564 shares of the company’s stock worth $21,358,000 after purchasing an additional 169,052 shares in the last quarter. Finally, US Bancorp DE raised its stake in Pinterest by 2.0% in the 1st quarter. US Bancorp DE now owns 26,602 shares of the company’s stock valued at $922,000 after purchasing an additional 521 shares during the last quarter. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Pinterest

In other news, Director Gokul Rajaram sold 1,150 shares of the company’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $33.52, for a total transaction of $38,548.00. Following the transaction, the director now directly owns 33,686 shares of the company’s stock, valued at $1,129,154.72. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Gokul Rajaram sold 1,150 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $33.52, for a total value of $38,548.00. Following the completion of the transaction, the director now directly owns 33,686 shares of the company’s stock, valued at $1,129,154.72. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Donnelly Julia Brau sold 30,280 shares of the business’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $32.72, for a total value of $990,761.60. Following the sale, the chief financial officer now owns 297,351 shares in the company, valued at approximately $9,729,324.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.11% of the stock is owned by corporate insiders.

Pinterest Company Profile

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.