Pinterest shares slide as securities class-action headlines resurface and profitability worries linger

Pinterest, Inc. (PINS) is down 5.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied to renewed focus on a pending securities class-action lawsuit and the approaching May 29, 2026 lead-plaintiff deadline, which can create an overhang for sentiment. The move also looks like a continuation of investor unease about Pinterest’s profitability optics after the company reported a GAAP net loss in its most recent quarter, even as revenue and users grew.

Details:

Multiple investor-law-firm notices highlighted that a securities class action has been filed in U.S. District Court (Northern District of California) covering purchasers during a Feb. 7, 2025 to Feb. 12, 2026 class period, with a May 29, 2026 deadline to seek lead-plaintiff status.

In its Q1 2026 earnings release, Pinterest reported revenue of $1.008 billion (+18% year over year) and global monthly active users of 631 million (+11%).

The same filing showed a GAAP net loss of $74 million for Q1 2026, which may have refocused attention on margins and the pace of a return to sustained GAAP profitability.

Pinterest also guided Q2 2026 revenue to $1.133 billion–$1.153 billion (14%–16% growth) and disclosed about $2 billion of share repurchases, which some investors may be weighing against near-term earnings volatility.

Sources:

SEC (EDGAR), PR Newswire, Pinterest Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PINS Insider Trading Activity

$PINS insiders have traded $PINS stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $PINS stock by insiders over the last 6 months:

DONNELLY JULIA BRAU (Chief Financial Officer) sold 22,821 shares for an estimated $590,098
MALIK DUCARD (Chief Content Officer) has made 0 purchases and 3 sales selling 10,586 shares for an estimated $265,776.
ANDREA ACOSTA (Chief Accounting Officer) sold 3,759 shares for an estimated $93,962
GOKUL RAJARAM has made 0 purchases and 2 sales selling 3,150 shares for an estimated $63,000.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$PINS Hedge Fund Activity

We have seen 342 institutional investors add shares of $PINS stock to their portfolio, and 597 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

GOLDMAN SACHS GROUP INC added 48,064,185 shares (+1256.0%) to their portfolio in Q1 2026, for an estimated $881,497,152
PRICE T ROWE ASSOCIATES INC /MD/ removed 22,071,861 shares (-79.4%) from their portfolio in Q1 2026, for an estimated $404,797,930
BAILLIE GIFFORD & CO removed 7,800,244 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $201,948,317
NINETY ONE UK LTD removed 7,411,185 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $135,921,132
VICTORY CAPITAL MANAGEMENT INC added 6,258,628 shares (+30.5%) to their portfolio in Q4 2025, for an estimated $162,035,878
CLEARBRIDGE INVESTMENTS, LLC removed 5,338,466 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $97,907,466
FEDERATED HERMES, INC. added 5,189,235 shares (+2248.5%) to their portfolio in Q1 2026, for an estimated $95,170,569

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PINS Congressional Stock Trading

Members of Congress have traded $PINS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $PINS stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIA LETLOW sold up to $15,000 on 12/16.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$PINS Analyst Ratings

Wall Street analysts have issued reports on $PINS in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 04/30/2026
UBS issued a "Buy" rating on 01/20/2026

To track analyst ratings and price targets for $PINS, check out Quiver Quantitative's $PINS forecast page.

$PINS Price Targets

Multiple analysts have issued price targets for $PINS recently. We have seen 24 analysts offer price targets for $PINS in the last 6 months, with a median target of $27.0.

Here are some recent targets:

Alec Brondolo from Wells Fargo set a target price of $28.0 on 05/06/2026
Mark Kelley from Stifel set a target price of $27.0 on 05/05/2026
Barton Crockett from Rosenblatt set a target price of $24.0 on 05/05/2026
John Blackledge from TD Cowen set a target price of $38.0 on 05/05/2026
Brian Nowak from Morgan Stanley set a target price of $30.0 on 05/05/2026
Jason Helfstein from Oppenheimer set a target price of $30.0 on 05/05/2026
Thomas Champion from Piper Sandler set a target price of $26.0 on 05/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.