Zacks Research Raises Pinterest's FY2027 EPS Forecast to $1.36

Summary

Zacks Research has raised its FY2027 earnings estimate for Pinterest, Inc. (NYSE:PINS) to $1.36 per share, up from $1.35. The current consensus estimate for the company’s full-year earnings is $0.60 per share. Pinterest reported $0.33 EPS for the last quarter, missing estimates, but revenue increased by 16.9% year-over-year. Analysts have mixed ratings on the stock, with a consensus rating of ‘Moderate Buy’ and an average target price of $42.40. Insider trading activity has seen significant sales, while institutional investors have increased their stakes in the company.Market Beat

Impact Analysis

So basically, Zacks Research’s slight bump in Pinterest’s FY2027 EPS estimate to $1.36 from $1.35 is a modest vote of confidence, but it doesn’t change the broader narrative much. The consensus estimate is still way below at $0.60, which suggests that the market is skeptical about Pinterest’s ability to deliver on these expectations. The interesting part isn’t the EPS adjustment itself, but the context: Pinterest missed its last quarter’s EPS estimates, yet revenue grew by nearly 17% year-over-year, indicating potential operational challenges or strategic shifts that aren’t fully paying off yet. Analysts are split, with a ‘Moderate Buy’ consensus and a $42.40 target price, but insider sales are significant, which could be a red flag. Institutional investors increasing their stakes might suggest some underlying confidence, but the mixed signals make this a complex play. I’d read this as a cautious hold, watching for any strategic announcements or shifts in user engagement metrics that could justify the optimistic EPS outlook.Market Beat