Pinterest, Inc. (PINS)

Pinterest Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Pinterest stock have an average target of 37, with a low estimate of 23 and a high estimate of 50. The average target predicts an increase of 11.40% from the current stock price of 33.22.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$37	$36	$50
Change	-30.75%	+11.40%	+8.38%	+50.53%

Analyst Ratings

The average analyst rating for Pinterest stock from 29 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	12	12	13	13	13	12
Buy	5	6	7	8	8	8
Hold	10	9	9	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	27	29	30	30	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Champion Piper Sandler	Piper Sandler	Buy Reiterates $48	Buy	Reiterates	$48	+44.51%	Mar 26, 2024
Doug Anmuth JP Morgan	JP Morgan	Hold Maintains $34 → $38	Hold	Maintains	$34 → $38	+14.41%	Feb 9, 2024
Rohit Kulkarni Roth MKM	Roth MKM	Hold Maintains $37 → $38	Hold	Maintains	$37 → $38	+14.41%	Feb 9, 2024
Brad Erickson RBC Capital	RBC Capital	Buy Maintains $46 → $48	Buy	Maintains	$46 → $48	+44.51%	Feb 9, 2024
Shyam Patil Susquehanna	Susquehanna	Buy Maintains $35 → $45	Buy	Maintains	$35 → $45	+35.48%	Feb 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.66B

Increased by 19.67%

from 3.06B

Revenue Next Year

4.33B

Increased by 18.38%

from 3.66B

EPS This Year

1.37

from -0.05

EPS Next Year

1.72

Increased by 25.26%

from 1.37

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.14B	1.69B	2.58B	2.80B	3.06B	3.66B	4.33B	5.09B	5.64B	6.21B
Revenue Growth	51.17%	48.12%	52.31%	8.71%	9.01%	19.67%	18.38%	17.49%	10.93%	10.00%
EPS	-3.24	-0.22	0.46	-0.14	-0.05	1.37	1.72	2.11	2.38	2.66
EPS Growth	-	-	-	-	-	-	25.26%	22.50%	12.71%	12.02%
No. Analysts	-	-	-	-	-	39	36	16	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	3.9B	5.5B	7.3B	6.2B	6.8B
Avg	3.7B	4.3B	5.1B	5.6B	6.2B
Low	3.4B	3.8B	4.2B	5.0B	5.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	28.5%	51.7%	68.4%	22.8%	21.2%
Avg	19.7%	18.4%	17.5%	10.9%	10.0%
Low	10.5%	3.7%	-3.7%	-0.8%	-2.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.56	2.03	2.44	2.45	2.74
Avg	1.37	1.72	2.11	2.38	2.66
Low	1.00	1.37	1.83	2.28	2.56

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	47.5%	41.5%	16.0%	15.3%
Avg	-	25.3%	22.5%	12.7%	12.0%
Low	-	-0.2%	6.5%	8.3%	7.6%

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.