Pinterest Just Got a Wall Street Pile-On: Six Firms Hike Price Targets After Q1 Beat Crushes Estimates

Shares of Pinterest (NYSE:PINS) are riding a question of Wall Street enthusiasm pursuing a stronger-than-expected Q1 2026 net report. At slightest 7 sell-side firms raised their terms targets connected May 5, with PINS banal trading up 11% intraday to $23 and change. The takeaway for prudent investors: the worst whitethorn beryllium down Pinterest, but firms stay divided connected whether AI-driven momentum afloat offsets ongoing marque advertizing softness.

The Q1 bushed sparked the upgrades. According to assemblage reporting, "Sales successful Pinterest's archetypal 4th roseate 18% year-over-year" and Q2 gross guidance came successful supra the $1.11 cardinal Wall Street was projecting.

Analyst Price Target Changes

The Analyst's Case

Goldman Sachs led the bull camp, citing Pinterest's resilience successful lower-funnel advertising, steadfast idiosyncratic engagement, SMB and mid-market strength, AI-driven advertisement automation, hunt monetization, EBITDA upside, and an accrued gait of stock repurchases. TD Cowen's John Blackledge noted that Pinterest's advertizing level improvements began to partially offset headwinds among ample retailers precocious successful the quarter.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Pinterest wasn't 1 of them. Get them present FREE.

The Neutral-rated firms were much measured. Bank of America raised its Pinterest gross presumption by 4% to $4.9 cardinal and lifted its EBITDA forecast 3% to $1.4 billion, portion Citi's Ronald Josey credited AI investments driving greater instrumentality connected advertisement spend. JPMorgan called Pinterest's net study amended than feared, and Barclays stated that the worst whitethorn beryllium down for Pinterest.