Guggenheim Cuts Pinterest (NYSE:PINS) Price Target to $21.00

04 Apr 2026, 06:26 by Tristan Rich · The Markets Daily

Pinterest (NYSE:PINS – Free Report) had its price objective lowered by Guggenheim from $25.00 to $21.00 in a research note published on Wednesday morning,Benzinga reports. Guggenheim currently has a buy rating on the stock.

A number of other analysts also recently issued reports on PINS. Bank of America reaffirmed a “neutral” rating and set a $19.00 price target (down from $39.00) on shares of Pinterest in a report on Friday, February 13th. Robert W. Baird reissued a “neutral” rating and set a $20.00 target price (down from $35.00) on shares of Pinterest in a research report on Friday, February 13th. Mizuho set a $35.00 target price on Pinterest in a research note on Tuesday, February 3rd. Wells Fargo & Company lowered their price target on Pinterest from $35.00 to $27.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Finally, Citigroup lowered shares of Pinterest from a “buy” rating to a “neutral” rating and dropped their price target for the company from $38.00 to $19.00 in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $25.48.

Read Our Latest Report on PINS

Pinterest Price Performance

PINS opened at $18.17 on Wednesday. The business has a fifty day moving average price of $18.91 and a 200 day moving average price of $25.49. Pinterest has a 12 month low of $13.84 and a 12 month high of $39.93. The stock has a market capitalization of $12.08 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 1.19 and a beta of 0.88.

Pinterest (NYSE:PINS – Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.01). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Pinterest had a net margin of 9.87% and a return on equity of 7.95%. The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business earned $0.56 EPS. On average, research analysts anticipate that Pinterest will post 0.6 earnings per share for the current year.

Insider Transactions at Pinterest

In related news, insider Malik Ducard sold 2,293 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $22.06, for a total transaction of $50,583.58. Following the transaction, the insider owned 695,187 shares in the company, valued at $15,335,825.22. This trade represents a 0.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 7.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Pinterest

A number of hedge funds have recently modified their holdings of the business. Norges Bank purchased a new stake in Pinterest in the 4th quarter valued at $357,945,000. Davis Selected Advisers purchased a new position in Pinterest during the 3rd quarter worth $253,887,000. State Street Corp increased its stake in Pinterest by 52.6% in the fourth quarter. State Street Corp now owns 21,492,169 shares of the company’s stock valued at $556,432,000 after purchasing an additional 7,412,213 shares during the period. Victory Capital Management Inc. increased its stake in Pinterest by 30.5% in the fourth quarter. Victory Capital Management Inc. now owns 26,808,870 shares of the company’s stock valued at $694,082,000 after purchasing an additional 6,258,628 shares during the period. Finally, Balyasny Asset Management L.P. raised its holdings 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 valued at $165,012,000 after buying an additional 4,230,125 shares during the last quarter. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Pinterest

Here are the key news stories impacting Pinterest this week:

Neutral Sentiment: Zacks Research raised near‑term EPS estimates (Q3/Q4 2026 and Q2 2027) while keeping a “Hold” view — a modest fundamental positive but not a bullish catalyst given the rating. Pinterest Is a Trending Stock (Zacks)
Negative Sentiment: Multiple securities‑fraud class actions have been filed (and numerous law firms are soliciting lead plaintiffs) alleging material misstatements/omissions about Pinterest’s advertising revenues and capabilities for the Feb. 7, 2025–Feb. 12, 2026 class period; lead‑plaintiff deadline is May 29, 2026 — this legal cloud increases potential liabilities, distracts management and can pressure the stock. Kessler Topaz: Class Action Filed Against Pinterest
Negative Sentiment: Numerous plaintiff firms (Glancy Prongay, Schall, Rosen, Pomerantz, Robbins, DJS, Howard G. Smith, etc.) issued client alerts urging affected investors to act — the volume of solicitations underscores the breadth of the alleged exposure and keeps headlines active. Deadline Alert: Glancy Prongay Wolke & Rotter LLP
Negative Sentiment: Guggenheim lowered its price target to $21.00 — a sell‑side cut that can weigh on sentiment and investor expectations while legal risks are being resolved. Guggenheim Price Target Cut

About Pinterest

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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.