Pinterest Inc (NYSE:PINS) is a social media platform that allows users to discover and save ideas through images and videos. It competes with other social media giants like Facebook and Instagram. On August 8, 2025, Shyam Patil from Susquehanna set a price target of $42 for PINS, suggesting a potential upside of 16.36% from its trading price of $36.10 at that time.
Despite a recent decline of over 8% in its share price following disappointing second-quarter earnings, analysts from Wedbush remain optimistic about Pinterest's future. The company reported an adjusted EPS of $0.33, slightly below the expected $0.35. However, revenue increased by 17% year-over-year to $998 million, surpassing the forecasted $975 million.
Pinterest's monthly active users (MAU) grew by 11% year-over-year, reaching 578 million, with Gen Z users making up over half of the user base. This growth was primarily international, as user numbers in the US and Canada remained stable at 102 million. The company also faced a 25% decline in ad pricing due to lower rates in international markets.
The stock experienced a significant drop of approximately 15% after the company warned of reduced advertising spending in the US, its largest market. This decline was partly due to the removal of the "de minimis" trade loophole. Despite these challenges, Wedbush analysts were pleased with the revenue performance, which was at the high end of management's guidance.
Currently, PINS is trading at $36.01, reflecting an 8.06% decrease with a $3.16 change. The stock has fluctuated between $33.10 and $36.31 today. Over the past year, it reached a high of $40.90 and a low of $23.68. With a market cap of approximately $24.37 billion, PINS has a trading volume of 21.68 million shares today.
