Zacks Research Has Strong Estimate for Pinterest Q2 Earnings

Pinterest, Inc. (NYSE:PINS) – Equities researchers at Zacks Research raised their Q2 2026 earnings estimates for shares of Pinterest in a note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.28 per share for the quarter, up from their prior estimate of $0.27. The consensus estimate for Pinterest’s current full-year earnings is $0.60 per share.

Pinterest (NYSE:PINS) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.30). Pinterest had a net margin of 51.07% and a return on equity of 8.10%.

Other equities research analysts also recently issued reports about the stock. Cantor Fitzgerald upped their price objective on shares of Pinterest from $36.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, February 7th. KeyCorp upped their price objective on shares of Pinterest from $37.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Benchmark raised shares of Pinterest from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a report on Friday, February 7th. Piper Sandler reiterated a “neutral” rating and set a $41.00 price target (up from $36.00) on shares of Pinterest in a research report on Friday, February 7th. Finally, Oppenheimer upped their price target on Pinterest from $40.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Eight investment analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. According to data from MarketBeat, Pinterest has an average rating of “Moderate Buy” and a consensus price target of $43.47.

Pinterest Stock Up 2.5 %

NYSE PINS opened at $31.92 on Friday. The company has a market cap of $21.65 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.95 and a beta of 1.02. Pinterest has a 52 week low of $27.00 and a 52 week high of $45.19. The firm’s 50-day simple moving average is $34.34 and its two-hundred day simple moving average is $32.27.

Insider Buying and Selling at Pinterest

In other news, Director Gokul Rajaram sold 1,150 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $30.98, for a total transaction of $35,627.00. Following the completion of the sale, the director now owns 31,386 shares of the company’s stock, valued at approximately $972,338.28. This represents a 3.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Andrea Acosta sold 3,667 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $37.46, for a total value of $137,365.82. Following the sale, the chief accounting officer now directly owns 144,129 shares of the company’s stock, valued at approximately $5,399,072.34. This trade represents a 2.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 106,879 shares of company stock worth $3,653,577 over the last ninety days. Insiders own 7.11% of the company’s stock.

Institutional Trading of Pinterest

Institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its stake in Pinterest by 3.7% in the third quarter. Hantz Financial Services Inc. now owns 9,380 shares of the company’s stock worth $304,000 after acquiring an additional 339 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in Pinterest by 2.8% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,626 shares of the company’s stock valued at $366,000 after buying an additional 342 shares during the period. Ethos Financial Group LLC lifted its position in Pinterest by 3.1% during the fourth quarter. Ethos Financial Group LLC now owns 11,803 shares of the company’s stock valued at $342,000 after buying an additional 350 shares during the period. Amalgamated Bank lifted its position in Pinterest by 0.9% during the fourth quarter. Amalgamated Bank now owns 39,792 shares of the company’s stock valued at $1,154,000 after buying an additional 372 shares during the period. Finally, Commerce Bank lifted its position in Pinterest by 3.3% during the third quarter. Commerce Bank now owns 11,868 shares of the company’s stock valued at $384,000 after buying an additional 378 shares during the period. Hedge funds and other institutional investors own 88.81% of the company’s stock.

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.