Pinterest, Inc. (PINS)
NYSE: PINS · Real-Time Price · USD
29.49
-0.12 (-0.41%)
At close: Dec 20, 2024, 4:00 PM
29.56
+0.07 (0.24%)
After-hours: Dec 20, 2024, 7:37 PM EST
Pinterest Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Pinterest stock have an average target of 41.4, with a low estimate of 33 and a high estimate of 50. The average target predicts an increase of 40.39% from the current stock price of 29.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Pinterest stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 10 | 10 | 10 | 8 |
| Buy | 10 | 10 | 11 | 11 | 12 | 11 |
| Hold | 11 | 11 | 8 | 8 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 33 | 29 | 29 | 29 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $48 | Buy | Reiterates | $48 | +62.77% | Dec 10, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $41 → $36 | Buy → Hold | Downgrades | $41 → $36 | +22.08% | Dec 10, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $38 | Strong Buy | Initiates | $38 | +28.86% | Nov 26, 2024 |
| Wedbush | Wedbush | Hold → Buy Upgrades $38 | Hold → Buy | Upgrades | $38 | +28.86% | Nov 11, 2024 |
| Keybanc | Keybanc | Buy Maintains $45 → $39 | Buy | Maintains | $45 → $39 | +32.25% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
3.70B
from 3.06B
Increased by 21.24%
Revenue Next Year
4.28B
from 3.70B
Increased by 15.42%
EPS This Year
1.56
from -0.05
EPS Next Year
1.85
from 1.56
Increased by 18.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.8B | 4.5B | 5.3B | |||
| Avg | 3.7B | 4.3B | 4.9B | |||
| Low | 3.5B | 3.8B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 25.3% | 22.3% | 24.3% | |||
| Avg | 21.2% | 15.4% | 15.4% | |||
| Low | 15.5% | 3.2% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.66 | 2.11 | 2.61 | |||
| Avg | 1.56 | 1.85 | 2.24 | |||
| Low | 1.43 | 1.58 | 1.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 35.6% | 41.6% | |||
| Avg | - | 18.7% | 21.4% | |||
| Low | - | 1.4% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.