Pinterest Stock Pops on Q1 Beat-and-Raise
Pinterest shares rose 12.2% to $23.37 after the company reported Q1 earnings that beat expectations, with adjusted EPS of 27 cents and revenue of $1.01 billion. At least 15 analysts raised their price targets, with the highest from BofA Global Research to $27 from $20.
Pinterest shares surged 12.2% to $23.37 after the company reported a top- and bottom-line beat for Q1. Adjusted earnings per share came to 27 cents, while revenue was $1.01 billion. The company's recent focus on AI-powered ads was credited for the strength. At least 15 analysts raised their price targets, with BofA Global Research setting the highest at $27 from $20. The stock is trading at its highest level since January and is on track for its largest single-day percentage gain of 2026. Options traders are actively buying PINS stock, with 60,000 calls and 10,000 puts changing hands, 2.7 times the average daily options volume.
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