Pinterest, Inc. (PINS)
NYSE: PINS · Real-Time Price · USD
28.86
-0.45 (-1.54%)
At close: Sep 13, 2024, 4:01 PM
28.81
-0.05 (-0.17%)
After-hours: Sep 13, 2024, 7:42 PM EDT
Stock Price Forecast
The 28 analysts with 12-month price forecasts for Pinterest stock have an average target of 42.5, with a low estimate of 32.1 and a high estimate of 52. The average target predicts an increase of 47.26% from the current stock price of 28.86.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $32.1 | $42.5 | $43 | $52 |
| Change | +11.23% | +47.26% | +49.00% | +80.18% |
Analyst Ratings
The average analyst rating for Pinterest stock from 30 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 12 | 12 | 12 |
| Buy | 8 | 8 | 8 | 10 | 10 | 10 |
| Hold | 9 | 10 | 10 | 11 | 11 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 30 | 30 | 33 | 33 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $45 | Buy | Reiterates | $45 | +55.93% | Sep 13, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $48 | Buy | Reiterates | $48 | +66.32% | Sep 12, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $41 | Buy | Initiates | $41 | +42.07% | Sep 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $51 → $44 | Strong Buy | Maintains | $51 → $44 | +52.46% | Jul 31, 2024 |
| Barclays | Barclays | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | +24.74% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
from 3.06B
Revenue Next Year
4.34B
from 3.71B
Increased by 16.97%
from 3.71B
EPS This Year
1.48
from -0.05
from -0.05
EPS Next Year
1.82
from 1.48
Increased by 22.31%
from 1.48
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 1.14B | 1.69B | 2.58B | 2.80B | 3.06B | 3.71B | 4.34B | 5.10B | ||
| Revenue Growth | 51.17% | 48.12% | 52.31% | 8.71% | 9.01% | 21.31% | 16.97% | 17.58% | ||
| EPS | -3.24 | -0.22 | 0.46 | -0.14 | -0.05 | 1.48 | 1.82 | 2.23 | ||
| EPS Growth | - | - | - | - | - | - | 22.31% | 22.64% | ||
| Forward PE | - | - | - | - | - | 19.44 | 15.89 | 12.96 | ||
| No. Analysts | - | - | - | - | - | 38 | 36 | 20 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 5.2B | 6.6B | ||
| Avg | 3.7B | 4.3B | 5.1B | ||
| Low | 3.5B | 3.9B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.6% | 41.0% | 53.4% | ||
| Avg | 21.3% | 17.0% | 17.6% | ||
| Low | 13.0% | 5.8% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.63 | 2.10 | 2.50 | ||
| Avg | 1.48 | 1.82 | 2.23 | ||
| Low | 1.28 | 1.49 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 41.4% | 37.6% | ||
| Avg | - | 22.3% | 22.6% | ||
| Low | - | 0.3% | 4.7% |
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.
