Fintel reports that on February 7, 2025, Benchmark upgraded their outlook for Pinterest (NYSE:PINS) from Hold to Buy.
Analyst Price Forecast Suggests 18.73% Upside
As of January 29, 2025, the average one-year price target for Pinterest is $39.88/share. The forecasts range from a low of $28.28 to a high of $53.55. The average price target represents an increase of 18.73% from its latest reported closing price of $33.59 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Pinterest is 4,502MM, an increase of 23.47%. The projected annual non-GAAP EPS is 1.38.
What is the Fund Sentiment?
There are 1,396 funds or institutions reporting positions in Pinterest. This is an decrease of 38 owner(s) or 2.65% in the last quarter. Average portfolio weight of all funds dedicated to PINS is 0.38%, an increase of 6.79%. Total shares owned by institutions decreased in the last three months by 7.28% to 594,488K shares. 
The put/call ratio of PINS is 0.73, indicating a bullish outlook.
What are Other Shareholders Doing?
Elliott Investment Management holds 28,000K shares representing 4.72% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 19,145K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 18,940K shares , representing an increase of 1.07%. The firm decreased its portfolio allocation in PINS by 30.26% over the last quarter.
Wellington Management Group Llp holds 19,033K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 19,177K shares , representing a decrease of 0.76%. The firm decreased its portfolio allocation in PINS by 89.97% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 12,780K shares representing 2.15% ownership of the company. In its prior filing, the firm reported owning 12,839K shares , representing a decrease of 0.46%. The firm decreased its portfolio allocation in PINS by 32.74% over the last quarter.
Price T Rowe Associates holds 12,446K shares representing 2.10% ownership of the company. In its prior filing, the firm reported owning 14,921K shares , representing a decrease of 19.89%. The firm decreased its portfolio allocation in PINS by 41.05% over the last quarter.
Pinterest Background Information
(This description is provided by the company.)
Pinterest is a visual discovery engine people use to find inspiration for their lives, including recipes, home and style ideas, travel destinations and more. People have saved more than 240 billion Pins across a range of interests, which others with similar tastes can discover through search and recommendations. Headquartered in San Francisco, Pinterest launched in 2010 and has hundreds of millions of monthly active users around the world.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
