Social media company Pinterest (PINS) impressed investors with its better-than-expected Q1 revenue and stellar guidance for the second quarter despite challenging macro conditions and the ongoing trade wars. Following the Q1 print, several analysts raised their price targets for PINS stock, noting its strong execution. PINS stock jumped 13% in Friday’s pre-market trading as of writing.
Analysts Raise PINS Stock’s Price Target on Strong Outlook
Jefferies analyst James Heaney raised the price target for Pinterest stock to $31 from $27 and reaffirmed a Hold rating. The 4-star analyst noted that the company’s Q2 revenue guidance was better than feared. He added that while the company’s Q1 performance was relatively solid, like many other ad peers, concerns were largely over how tariffs and macro uncertainty could impact its end markets. Heaney also noted that the strength in Pinterest’s user base continued, with monthly active users (MAU) rising 10% in Q1 2025. He highlighted that PINS has added 137 million users since Q2 2022, when it was losing users.
Similarly, KeyBanc analyst Justin Patterson increased the price target for Pinterest stock to $40 from $37 and reaffirmed a Buy rating. Patterson said that the company’s solid Q1 results reinforce that product initiatives, partnerships, and healthy engagement are giving rise to micro-level tailwinds that are mitigating macro headwinds. Moreover, with more advertisements shifting to the lower funnel, the 5-star analyst believes Pinterest should be able to sustain strong growth rates and expand margins. He sees the potential for significant upside when the economy recovers.
Another Pinterest bull, Citi analyst Ronald Josey, increased the price target for PINS stock to $41 from $38 and maintained a Buy rating. The 5-star analyst stated that with MAU up 10% year-over-year, strong ad revenue momentum, and 310 points of year-over-year margin expansion, Pinterest’s Q1 results reflect that its investments in artificial intelligence (AI) and ad products are winning a larger share of “more durable, always-on, performance ad budgets across verticals.” He expects the company’s revenue momentum to drive EBITDA expansion.
Is PINS Stock a Good Buy?
Wall Street is cautiously optimistic on Pinterest stock, with a Moderate Buy consensus rating based on 19 Buys versus seven Holds. The average PINS stock price target of $38.11 implies about 37% upside potential.
