Pinterest stock price target reiterated at $47 by Stifel ahead of earnings

Multiple investment firms, including Stifel, TD Cowen, Mizuho, UBS, and CFRA, maintain a bullish outlook on Pinterest (PINS) ahead of its upcoming earnings, with price targets ranging from $43 to $50. Analysts anticipate strong third-quarter 2025 results and potential fourth-quarter guidance beats, driven by robust financials including a 79.86% gross margin and 17% revenue growth, consistent international user growth, positive feedback on direct response ad products, ongoing platform improvements, and AI capabilities. Despite acknowledging scale disadvantages, firms highlight Pinterest's enhanced user experience and increasing advertiser appeal as key growth catalysts.

Analysis

Pinterest (NYSE:PINS) is receiving significant bullish attention from multiple research firms, including Stifel, TD Cowen, Mizuho, UBS, and CFRA, ahead of its Q3 2025 earnings report. Price targets range from $43 to $50, with Stifel maintaining a $47 target against the current trading price of $33.45, and InvestingPro data suggesting the stock is undervalued. Analysts anticipate solid Q3 results and a potential beat on Q4 2025 guidance.

The optimism is underpinned by strong financial fundamentals, including a robust 79.86% gross margin and 17% revenue growth. Stifel notes consistent high-single-digit year-over-year monthly active user (MAU) growth outside the United States, complemented by accelerating revenue growth in Europe and other markets as highlighted by UBS. Positive feedback on Pinterest’s direct response ad products and the integration of AI capabilities further bolster the growth narrative.

Ongoing platform improvements are enhancing user experience and advertiser appeal, evidenced by strong MAU growth. These enhancements are expected to attract more advertisers, particularly in the upcoming holiday quarter, despite the acknowledged scale disadvantage compared to larger competitors. The consensus view points to sustained momentum driven by these strategic initiatives and market execution.

Key Decisions for Investors

• Investors should closely monitor the upcoming Q3 2025 earnings report and Q4 guidance for confirmation of sustained growth and positive momentum.
• Evaluate Pinterest's current valuation, which InvestingPro suggests is undervalued, against the consensus bullish price targets from multiple firms.
• Consider the long-term growth trajectory driven by international MAU expansion, enhanced direct response advertising, and ongoing AI integration as key investment catalysts.