Pinterest stock price target raised to $44 from $41 at BofA on strong Q2

Investing.com - BofA Securities raised its price target on Pinterest Inc (NYSE:PINS) to $44 from $41 while maintaining a Buy rating following the company’s second-quarter results that exceeded analyst expectations. According to InvestingPro data, Pinterest has demonstrated strong financial health with a "GREAT" overall score, supported by robust metrics including a healthy current ratio of 8.41.

Pinterest reported revenue of $998 million, representing 17% year-over-year growth and surpassing the Street consensus of $976 million. The company’s EBITDA reached $251 million, beating expectations of $235 million, driven by international revenue upside despite higher sales and marketing expenses. With a market capitalization of $26.5B and impressive YTD returns of 35%, Pinterest continues to demonstrate strong market performance. Get deeper insights into Pinterest’s valuation and growth potential with a comprehensive Pro Research Report, available exclusively on InvestingPro.

Global monthly active users (MAUs) grew to 578 million, adding 8 million users quarter-over-quarter and exceeding analyst projections of 574 million, with acceleration seen across all regions.

For the third quarter, Pinterest provided revenue guidance of $1,033-$1,053 million, above Street expectations of $1,026 million. The company’s EBITDA guidance of $282-$302 million bracketed the consensus estimate of $293 million, though BofA noted Pinterest has exceeded the high end of its guidance range over the past two quarters.

BofA Securities identified one weakness in the results: U.S. revenue growth decelerated by 1 percentage point quarter-over-quarter to 11%, with Pinterest experiencing a larger impact from tariffs on Asian retailer advertising spending compared to its peers.

In other recent news, Pinterest Inc. announced its second-quarter 2025 earnings, which presented a mixed financial picture. The company reported earnings per share (EPS) of $0.33, missing the forecasted $0.35. However, Pinterest exceeded revenue expectations, bringing in $998 million compared to the anticipated $974.65 million. Despite the revenue beat, the earnings miss was notable. Analysts and investors are closely watching these developments. The mixed results did not include any mention of analyst upgrades or downgrades. These recent developments are drawing attention to Pinterest’s financial strategies and market performance.

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