Wells Fargo (NYSE:WFC) analyst Brian Fitzgerald maintained a Buy rating on Pinterest (NYSE:PINS) on Tuesday, setting a price target of $102, which is approximately 39.08% above the present share price of $73.34.
Fitzgerald expects Pinterest to post earnings per share (EPS) of -$0.03 for the third quarter of 2021.
The current consensus among 19 TipRanks analysts is for a Moderate Buy rating of shares in Pinterest, with an average price target of $86.33.
The analysts price targets range from a high of $102 to a low of $65.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $485.23 million and a net profit of -$22.91 million. The company's market cap is $46.71 billion.
According to TipRanks.com, Wells Fargo analyst Brian Fitzgerald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 37.1% and a 76.15% success rate.
Founded in 2000, California-based Pinterest, Inc. provides a visual discovery engine in the United States and internationally. The company operates a pinboard-style photo-sharing website and allows users to create and manage theme-based image collections such as events, interests, and hobbies.