Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Pinterest (NYSE:PINS) Inc on Wednesday, setting a price target of $41, which is approximately 6.88% above the present share price of $38.36.
Sebastian expects Pinterest Inc to post earnings per share (EPS) of -$0.17 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 $35.76.
The analysts price targets range from a high of $45.5 to a low of $24.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $272.49 million and a net profit of -$104.53 million. The company's market cap is $23.04 billion.
According to TipRanks.com, Robert W. Baird analyst Colin Sebastian is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 35.7% and a 76.47% 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.