Seaport Research Lowers Pinterest's Price Target Amid Modest Trading Decrease

Published 1 days agoPINS

Seaport Research Lowers Pinterest's Price Target Amid Modest Trading Decrease

Seaport Research has recently revised its price target for Pinterest (PINS), reducing it from $51 to $44. This adjustment comes as Pinterest's stock sees a minor dip, closing at $29.22 on May 10, 2025, which is down slightly by $0.02 or 0.07% from its previous close.

Despite the lowered price target, Seaport Research continues to hold a positive outlook on Pinterest. The firm praises the platform for drawing in high-intent users while maintaining strong engagement trends. Furthermore, Seaport Research expects Pinterest to sustain mid-to-high teens long-term revenue growth, underscoring the company's robust market performance.

Moreover, Seaport Research notes that Pinterest is still in the early stages of its monetization journey. This suggests that there may be considerable growth opportunities as Pinterest continues to expand its revenue possibilities. Reuters, among other news sources, highlights that the updated price target reflects a prudent approach by Seaport Research in light of recent quarterly performance metrics and forward guidance.

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