RBC Capital analyst Mark Mahaney maintained a Buy rating on Pinterest (NYSE:PINS) Inc on Monday, setting a price target of $27, which is approximately 10.02% above the present share price of $24.54.
Mahaney expects Pinterest Inc to post earnings per share (EPS) of -$0.25 for the third quarter of 2020.
The current consensus among 20 TipRanks analysts is for a Moderate Buy rating of shares in Pinterest, with an average price target of $25.11.
The analysts price targets range from a high of $31 to a low of $19.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $271.94 million and a net profit of -$146.09 million. The company's market cap is $14.23 billion.
According to TipRanks.com, RBC Capital analyst Mark Mahaney is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.7% and a 62.57% success rate.
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp (OTC:SHCAY) in October 2008 and is headquartered in San Francisco, CA.