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Investing.com - JPMorgan raised its price target on Pinterest Inc (NYSE:PINS) to $44.00 from $40.00 on Friday, while maintaining an Overweight rating on the social media company’s shares. The company, currently valued at $24.39 billion, has demonstrated strong performance with a 35% year-to-date return and maintains a healthy P/E ratio of 12.55.
The price target adjustment represents a 10% increase from JPMorgan’s previous valuation of the image-sharing platform.
JPMorgan analyst Doug Anmuth made the revision following his assessment of Pinterest’s growth prospects and market position in the social media landscape.
The firm continues to maintain its Overweight rating on Pinterest stock, indicating JPMorgan’s view that the shares should perform better than the average total return of stocks in the analyst’s coverage universe over the next 6-12 months.
Pinterest shares have been closely watched by investors as the company continues to develop its advertising platform and expand its e-commerce capabilities.
In other recent news, Pinterest Inc reported a 16.9% year-over-year revenue growth for the second quarter of 2025, surpassing consensus estimates by 2%. The company’s EBITDA also exceeded expectations, outperforming consensus by approximately 8%. Following these strong financial results, several analyst firms have adjusted their price targets for Pinterest. TD Cowen raised its price target to $44, maintaining a Buy rating, while Rosenblatt Securities increased its target to $49, also keeping a Buy rating.
Stifel raised its price target to $47, citing strong performance in Europe and Rest of World markets, although the U.S., Canada, Australia, and New Zealand regions fell slightly below elevated expectations. Piper Sandler adjusted its price target to $35, maintaining a Neutral rating, following what it described as a "solid print" of Pinterest’s earnings. Meanwhile, Raymond (NSE:RYMD) James reiterated its Market Perform rating, highlighting Pinterest’s innovations in advertising technology and partnerships with major tech companies like Instacart (NASDAQ:CART), Amazon (NASDAQ:AMZN), and Google (NASDAQ:GOOGL). These developments reflect a mix of optimism and caution among analysts regarding Pinterest’s future performance.
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