Evercore ISI Lowers Pinterest 2026 Growth Outlook

Written by Emily J. Thompson, Senior Investment Analyst

Updated: 2d ago

0mins

Evercore ISI analyst Mark Mahaney notes Pinterest announced a global restructuring plan that includes a reduction in force expected to affect less than 15% of its workforce and office space reductions. The company expects to incur $35M-$45M of pretax restructuring charges. The firm says its back-of-the-envelope math suggests up to $175M in annual cost savings. The firm notes the stock is currently trading off about 8%, which it believes is indicative of concerns around Pinterest's ability to reaccelerate UCAN growth in 2026. Evercore thinks the announced restructuring slightly decreases the odds of a UCAN reacceleration this year. That said, the firm believes Pinterest has very reasonable valuation support at these levels. Evercore has an Outperform rating on the stock with a price target of $40.

Get Free Real-Time Notifications for Any Stock

Monitor tickers like PINS with instant alerts to capture every critical market movement.

Sign up for free to build your custom watchlist and receive professional-grade stock notifications.

PINS

$22.35+Infinity%1D

Analyst Views on PINS

Wall Street analysts forecast PINS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PINS is 38.41 USD with a low forecast of 30.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

24 Analyst Rating

18 Buy

6 Hold

0 Sell

Strong Buy

Current: 22.560

Low

30.00

Averages

38.41

High

50.00

Current: 22.560

Low

30.00

Averages

38.41

High

50.00

BofA

Buy

maintain

$39

2026-01-27

New

Reason

BofA

Price Target

$39

AI Analysis

2026-01-27

New

maintain

Buy

Reason

After Pinterest announced plans to reduce up to 15% of its workforce, alongside reductions in office space, in an 8-K filing this morning, BofA said the announcement suggests tariff-related pressure on ad spend has likely continued into Q1. However, the reduction could enable Pinterest to maintain a margin growth trajectory toward low-30s EBITDA margins, says the analyst, who estimates that the announced cost actions could drive up to about $300M annualized of savings. The firm maintains a Buy rating and $39 price target on Pinterest shares.

UBS

Buy

downgrade

$48 -> $40

2026-01-20

Reason

UBS

Price Target

$48 -> $40

2026-01-20

downgrade

Buy

Reason

UBS lowered the firm's price target on Pinterest to $40 from $48 and keeps a Buy rating on the shares. The Q4 earnings outlook for advertising-driven companies points to slimmer beats after a slow October tied to a government shutdown, followed by a rebound in November and December, the analyst tells investors in a research note. Among nine companies, five exceeded prior forecasts, two were in line, and two came in modestly below expectations, UBS says.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for PINS

Unlock Now

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.