Pinterest (NYSE:PINS) Cut to Hold at Robert W. Baird

Robert W. Baird downgraded shares of Pinterest (NYSE:PINS) from an outperform rating to a hold rating in a research note issued to investors on Friday morning, Marketbeat Ratings reports. Robert W. Baird currently has $20.00 price target on the stock.

Other equities research analysts have also issued reports about the stock. Sanford C. Bernstein restated an “outperform” rating and set a $20.00 target price on shares of Pinterest in a research report on Friday. Wolfe Research set a $33.00 target price on shares of Pinterest and gave the company an “outperform” rating in a report on Monday, January 5th. Monness Crespi & Hardt lowered Pinterest from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 5th. Guggenheim dropped their price objective on Pinterest from $38.00 to $25.00 and set a “buy” rating for the company in a research note on Friday. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $23.00 target price on shares of Pinterest in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eighteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $26.31.

Pinterest Stock Down 16.9%

Shares of Pinterest stock opened at $15.40 on Friday. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 25.25, a price-to-earnings-growth ratio of 0.67 and a beta of 0.92. Pinterest has a 52-week low of $13.84 and a 52-week high of $39.93. The company’s 50-day simple moving average is $24.68 and its 200-day simple moving average is $29.87.

Pinterest (NYSE:PINS) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.01). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Pinterest had a net margin of 9.87% and a return on equity of 7.95%. Pinterest’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. Equities research analysts anticipate that Pinterest will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other Pinterest news, insider Malik Ducard sold 2,293 shares of Pinterest stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $22.06, for a total value of $50,583.58. Following the completion of the sale, the insider owned 695,187 shares in the company, valued at $15,335,825.22. The trade was a 0.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Donnelly Julia Brau sold 22,821 shares of the stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $25.86, for a total transaction of $590,151.06. Following the transaction, the chief financial officer owned 540,358 shares in the company, valued at approximately $13,973,657.88. The trade was a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 33,407 shares of company stock valued at $855,925. Company insiders own 7.11% of the company’s stock.

Hedge Funds Weigh In On Pinterest

Large investors have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Pinterest during the 4th quarter valued at $357,945,000. Davis Selected Advisers purchased a new position in Pinterest in the third quarter valued at about $253,887,000. State Street Corp lifted its stake in shares of Pinterest by 52.6% during the fourth quarter. State Street Corp now owns 21,492,169 shares of the company’s stock worth $556,432,000 after purchasing an additional 7,412,213 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Pinterest by 30.5% during the fourth quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock worth $694,082,000 after purchasing an additional 6,258,628 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its position in shares of Pinterest by 1,138.8% in the second quarter. Balyasny Asset Management L.P. now owns 4,601,571 shares of the company’s stock worth $165,012,000 after buying an additional 4,230,125 shares during the period. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Pinterest News Summary

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pins still growing users and revenue — Q4 revenue rose ~14% YoY and Monthly Active Users increased ~12% to ~619M; the company delivered GAAP profit for the quarter. Pinterest Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Balance-sheet strength and shareholder returns — analysts and commentators note a robust net-cash position and active buybacks, which supporters argue make the valuation attractive on a cash-adjusted basis. Pinterest: The Market Has Lost Its Mind, 25% Net Cash, Big Buybacks
• Neutral Sentiment: Mixed beats — adjusted EPS metrics topped some estimates even as headline EPS and revenue slightly missed consensus; interpretation depends on whether ad demand recovers. Pinterest (PINS) Q4 Earnings Top Estimates
• Negative Sentiment: Tariff-driven advertiser pullback — management said large U.S. retailers scaled back ad spend because of tariff-induced uncertainty; that directly drove a downbeat Q1 revenue outlook. Pinterest plunges as tariffs weigh on large customers’ ad spending
• Negative Sentiment: Weak guidance and slight misses — Q4 EPS was $0.67 vs. $0.68 consensus and revenue $1.32B vs. $1.33B; Q1 revenue guide of $951–971M came in below Street estimates, prompting heavy selling. Pinterest shares tank 20% on earnings miss, weak guidance
• Negative Sentiment: Analyst target cuts and downgrades — multiple firms trimmed price targets (and some ratings), reflecting concerns about ad competition (Meta) and near-term revenue momentum. Guggenheim price target lowered
• Negative Sentiment: Regulatory / legal watch — an investor investigation notice (Pomerantz) was filed post-results, adding an additional risk factor for holders. Pomerantz investor alert

About Pinterest

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.