JPMorgan Upgrades Pinterest (PINS) Stock, Raises PT

On June 3, JPMorgan upgraded Pinterest, Inc. (NYSE:PINS)’s stock to “Overweight” from “Neutral,” increasing the price objective to $40 from the prior target of $35.

The upgrade stems from improvement in user engagement, monetization gains, and an undemanding valuation. The firm also mentioned that Pinterest, Inc. (NYSE:PINS) witnessed strong MAU growth and extensive engagement via improving platform relevancy and actionability for users.

JPMorgan Upgrades Pinterest (PINS) Stock, Raises PT

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In Q1 2025, the company’s global monthly active users (MAUs) rose by 10% YoY to 570 million. JPMorgan sees upside to multi-year profit stemming from faster revenue growth and cost discipline. As per JPMorgan, Pinterest, Inc. (NYSE:PINS) continues to leverage its full-funnel ad approach and automation/AI capabilities in a bid to capture an increased share of ad spending.

Amidst healthy execution and potential upside to estimates, the firm sees the risk/reward on Pinterest, Inc. (NYSE:PINS) as favorable. The company’s AI advancements continue to help users take action and make more intentional shopping decisions. Also, it has been driving performance for advertisers and winning market share, resulting in a robust foundation for long-term and sustainable growth.

For Q2 2025, Pinterest, Inc. (NYSE:PINS) expects revenue to be between $960 million – $980 million, demonstrating 12% – 15% growth YoY.

While we acknowledge the potential of PINS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than PINS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.