S&P 500 Futures Decline in Pre-Market Session; MongoDB and Credo Tech Group Underperform
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2026
0mins
Should l Buy PINS?
Source: Barron's
- Venture Global Inc. Performance: Venture Global Inc. (VG) saw a significant increase of 16.7% in pre-market trading.
- Best Buy Co. Inc. Performance: Best Buy Co. Inc. (BBY) experienced a rise of 12.3% in pre-market trading.
- Market Context: The stock market is set to open in two hours, indicating potential volatility.
- Investor Sentiment: The pre-market gains for both companies suggest positive investor sentiment ahead of the market opening.
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Analyst Views on PINS
Wall Street analysts forecast PINS stock price to rise
17 Analyst Rating
14 Buy
3 Hold
0 Sell
Strong Buy
Current: 20.620
Low
24.90
Averages
35.46
High
44.00
Current: 20.620
Low
24.90
Averages
35.46
High
44.00
About PINS
Pinterest, Inc. (Pinterest) offers visual search and discovery platform. The Company’s primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 553 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reminder of Pinterest Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Pinterest securities between February 7, 2025, and February 12, 2026, to apply as lead plaintiffs by May 29, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Pinterest made false and misleading statements during the class period, failing to disclose that its advertising revenues were likely to decline due to the impact of U.S. tariffs, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, being ranked first in 2017 for the number of securities class action settlements, showcasing its expertise and success in this field.
- Investor Action Advice: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to protect their rights and avoid inexperienced intermediaries.
See More
Pinterest Faces Class Action Lawsuit for Securities Fraud
- Lawsuit Background: Kessler Topaz Meltzer & Check, LLP has filed a class action lawsuit against Pinterest on behalf of investors who purchased securities between February 7, 2025, and February 12, 2026, highlighting serious concerns regarding the company's financial transparency.
- Poor Financial Performance: Pinterest's fourth-quarter 2025 financial results, released on February 12, 2026, revealed revenues below market expectations, leading to a 16.8% drop in stock price to $15.42 per share the following day, reflecting market concerns about its future profitability.
- Revenue Decline Reasons: The lawsuit alleges that Pinterest overstated its ability to manage the impact of U.S. tariffs and failed to disclose significant adverse effects on advertising revenues, which may lead to imminent restructuring, exacerbating investor anxiety.
- Investor Action Recommendations: Affected investors are advised to apply for lead plaintiff status in the class action by May 29, 2026, emphasizing the importance of legal avenues in protecting investor rights.
See More
JPMorgan Expands Tech Investment Banking Team with Veteran Hires
- Executive Recruitment: JPMorgan has hired two veteran technology bankers from Bank of America, namely Kaushik Banerjee, the global head of semiconductor investment banking, and Homan Milani, a senior internet investment banker, significantly strengthening its tech investment banking team.
- Semiconductor Expertise: Banerjee has advised on nearly a dozen marquee semiconductor transactions at Bank of America, including the restructuring of Renesas' $2.1 billion investment in Wolfspeed, showcasing his deep background and influence in the semiconductor sector.
- Internet Investment Banking Leadership: Milani, who led the internet investment banking division at Bank of America, worked on M&A and financing deals for notable companies like DoorDash and Unity Software, and is expected to drive JPMorgan's strategic initiatives in AI.
- Enhanced Market Position: JPMorgan has significantly increased its investment in technology banking and M&A teams in recent years, emerging at the top of the league tables for fees from U.S. and global tech deals, indicating its competitive advantage in the rapidly evolving tech market.
See More
Multiple Companies Face Class Action Lawsuits
- Super Micro Lawsuit: Super Micro Computer, Inc. (NASDAQ:SMCI) faces a class action for the period from April 30, 2024, to March 19, 2026, with investors claiming losses over $50,000 due to undisclosed sales to Chinese companies violating U.S. export laws, which misled investors and could severely impact the company's reputation and stock price.
- ImmunityBio Lawsuit: ImmunityBio, Inc. (NASDAQ:IBRX) is under scrutiny for the class period from January 19, 2026, to March 24, 2026, where investors allege that executives overstated Anktiva's capabilities, leading to misleading positive statements about the company's prospects, potentially affecting future funding and market trust.
- Pinterest Lawsuit: Pinterest, Inc. (NYSE:PINS) is involved in a class action for the period from February 7, 2025, to February 12, 2026, with claims that the company failed to disclose risks of declining advertising revenues and potential restructuring, which could undermine shareholder confidence and lead to stock volatility.
- Legal Consultation Opportunity: Investors are encouraged to contact The Law Offices of Frank R. Cruz before the deadlines to understand their legal rights in these class actions, highlighting the significant legal risks these companies face that may impact their future operations and financial health.
See More
Reminder for Pinterest Investors on Class Action Deadline
- Earnings Miss: Pinterest reported Q3 2025 revenue of $1.325 billion, falling short of the $1.34 billion consensus, resulting in a 21.8% stock drop to $25.75 on November 5, 2025, highlighting pressures from moderating ad spend.
- Restructuring Plan: On January 27, 2026, Pinterest announced a global restructuring plan affecting less than 15% of its workforce, with expected pre-tax charges of $35 million to $45 million, leading to a 9.6% stock decline to $23.41 as it reallocates resources to AI roles.
- Q4 Performance: On February 12, 2026, Pinterest disclosed Q4 revenue of $1.32 billion, below the $1.33 billion estimate, causing a further 16.8% drop in stock price to $15.42, indicating ongoing tariff-related challenges.
- Lawsuit Allegations: The class action lawsuit claims Pinterest misled investors about declining ad revenues and the impact of tariffs, resulting in significant financial losses, with a deadline of May 29, 2026, for investors to seek lead plaintiff status.
See More
Reminder of Pinterest Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Pinterest securities between February 7, 2025, and February 12, 2026, that they must apply to be lead plaintiff by May 29, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Pinterest made false and misleading statements during the class period, failing to disclose that its advertising revenues were likely to be impacted by reduced revenues from advertising partners, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its expertise and success in this field.
- Investor Guidance: The firm advises investors to select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure effective legal support in the class action.
See More
Reminder of Pinterest Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Pinterest securities between February 7, 2025, and February 12, 2026, to apply as lead plaintiffs by May 29, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Pinterest made false and misleading statements during the class period, failing to disclose that its advertising revenues were likely to decline due to the impact of U.S. tariffs, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, being ranked first in 2017 for the number of securities class action settlements, showcasing its expertise and success in this field.
- Investor Action Advice: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to protect their rights and avoid inexperienced intermediaries.
See More
Pinterest Faces Class Action Lawsuit for Securities Fraud
- Lawsuit Background: Kessler Topaz Meltzer & Check, LLP has filed a class action lawsuit against Pinterest on behalf of investors who purchased securities between February 7, 2025, and February 12, 2026, highlighting serious concerns regarding the company's financial transparency.
- Poor Financial Performance: Pinterest's fourth-quarter 2025 financial results, released on February 12, 2026, revealed revenues below market expectations, leading to a 16.8% drop in stock price to $15.42 per share the following day, reflecting market concerns about its future profitability.
- Revenue Decline Reasons: The lawsuit alleges that Pinterest overstated its ability to manage the impact of U.S. tariffs and failed to disclose significant adverse effects on advertising revenues, which may lead to imminent restructuring, exacerbating investor anxiety.
- Investor Action Recommendations: Affected investors are advised to apply for lead plaintiff status in the class action by May 29, 2026, emphasizing the importance of legal avenues in protecting investor rights.
See More
JPMorgan Expands Tech Investment Banking Team with Veteran Hires
- Executive Recruitment: JPMorgan has hired two veteran technology bankers from Bank of America, namely Kaushik Banerjee, the global head of semiconductor investment banking, and Homan Milani, a senior internet investment banker, significantly strengthening its tech investment banking team.
- Semiconductor Expertise: Banerjee has advised on nearly a dozen marquee semiconductor transactions at Bank of America, including the restructuring of Renesas' $2.1 billion investment in Wolfspeed, showcasing his deep background and influence in the semiconductor sector.
- Internet Investment Banking Leadership: Milani, who led the internet investment banking division at Bank of America, worked on M&A and financing deals for notable companies like DoorDash and Unity Software, and is expected to drive JPMorgan's strategic initiatives in AI.
- Enhanced Market Position: JPMorgan has significantly increased its investment in technology banking and M&A teams in recent years, emerging at the top of the league tables for fees from U.S. and global tech deals, indicating its competitive advantage in the rapidly evolving tech market.
See More
Multiple Companies Face Class Action Lawsuits
- Super Micro Lawsuit: Super Micro Computer, Inc. (NASDAQ:SMCI) faces a class action for the period from April 30, 2024, to March 19, 2026, with investors claiming losses over $50,000 due to undisclosed sales to Chinese companies violating U.S. export laws, which misled investors and could severely impact the company's reputation and stock price.
- ImmunityBio Lawsuit: ImmunityBio, Inc. (NASDAQ:IBRX) is under scrutiny for the class period from January 19, 2026, to March 24, 2026, where investors allege that executives overstated Anktiva's capabilities, leading to misleading positive statements about the company's prospects, potentially affecting future funding and market trust.
- Pinterest Lawsuit: Pinterest, Inc. (NYSE:PINS) is involved in a class action for the period from February 7, 2025, to February 12, 2026, with claims that the company failed to disclose risks of declining advertising revenues and potential restructuring, which could undermine shareholder confidence and lead to stock volatility.
- Legal Consultation Opportunity: Investors are encouraged to contact The Law Offices of Frank R. Cruz before the deadlines to understand their legal rights in these class actions, highlighting the significant legal risks these companies face that may impact their future operations and financial health.
See More
Reminder for Pinterest Investors on Class Action Deadline
- Earnings Miss: Pinterest reported Q3 2025 revenue of $1.325 billion, falling short of the $1.34 billion consensus, resulting in a 21.8% stock drop to $25.75 on November 5, 2025, highlighting pressures from moderating ad spend.
- Restructuring Plan: On January 27, 2026, Pinterest announced a global restructuring plan affecting less than 15% of its workforce, with expected pre-tax charges of $35 million to $45 million, leading to a 9.6% stock decline to $23.41 as it reallocates resources to AI roles.
- Q4 Performance: On February 12, 2026, Pinterest disclosed Q4 revenue of $1.32 billion, below the $1.33 billion estimate, causing a further 16.8% drop in stock price to $15.42, indicating ongoing tariff-related challenges.
- Lawsuit Allegations: The class action lawsuit claims Pinterest misled investors about declining ad revenues and the impact of tariffs, resulting in significant financial losses, with a deadline of May 29, 2026, for investors to seek lead plaintiff status.
See More
Reminder of Pinterest Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Pinterest securities between February 7, 2025, and February 12, 2026, that they must apply to be lead plaintiff by May 29, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Pinterest made false and misleading statements during the class period, failing to disclose that its advertising revenues were likely to be impacted by reduced revenues from advertising partners, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its expertise and success in this field.
- Investor Guidance: The firm advises investors to select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure effective legal support in the class action.
See More
