Pinterest, Inc. (PINS)
NYSE: PINS · IEX Real-Time Price · USD
40.78
-0.18 (-0.44%)
At close: Jul 19, 2024, 4:00 PM
41.01
+0.23 (0.56%)
Pre-market: Jul 22, 2024, 5:29 AM EDT
Pinterest Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Pinterest stock have an average target of 41.07, with a low estimate of 25 and a high estimate of 52. The average target predicts an increase of 0.71% from the current stock price of 40.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Pinterest stock from 31 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 12 | 12 | 12 | 12 |
| Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Hold | 9 | 9 | 9 | 10 | 10 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 29 | 30 | 30 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $44 → $50 | Strong Buy | Maintains | $44 → $50 | +22.61% | Jul 9, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $48 → $49 | Buy | Maintains | $48 → $49 | +20.16% | Jun 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $52 | Buy | Maintains | $52 | +27.51% | Jun 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $50 → $52 | Buy | Reiterates | $50 → $52 | +27.51% | May 23, 2024 |
Financial Forecast
Revenue This Year
3.73B
from 3.06B
Increased by 22.06%
Revenue Next Year
4.39B
from 3.73B
Increased by 17.83%
EPS This Year
1.49
from -0.05
EPS Next Year
1.83
from 1.49
Increased by 23.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0B | 5.6B | 7.4B | 6.3B | 7.4B |
| Avg | 3.7B | 4.4B | 5.2B | 5.8B | 6.4B |
| Low | 3.5B | 3.8B | 4.4B | 4.8B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.8% | 50.4% | 67.7% | 22.0% | 27.8% |
| Avg | 22.1% | 17.8% | 18.2% | 11.7% | 11.0% |
| Low | 13.8% | 1.8% | 0.2% | -7.0% | -9.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.64 | 2.15 | 2.76 | 2.40 | 2.75 |
| Avg | 1.49 | 1.83 | 2.32 | 2.34 | 2.67 |
| Low | 1.28 | 1.52 | 1.95 | 2.24 | 2.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 44.9% | 50.8% | 3.5% | 17.8% |
| Avg | - | 23.2% | 26.9% | 0.5% | 14.4% |
| Low | - | 2.2% | 6.5% | -3.4% | 9.9% |
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.