Pinterest (NYSE:PINS) is drawing renewed bullish sentiment from Wall Street after delivering a stronger-than-expected second quarter, marked by accelerating user growth, solid revenue beats, and a bullish third-quarter outlook. However, despite the upbeat results and guidance, the stock is trading lower on Friday.
Analysts at Bank of America and Goldman Sachs reiterated Buy ratings while raising or reaffirming their price forecasts, citing Pinterest’s growing traction among Gen Z, momentum in AI-driven product enhancements, and expanding advertiser demand.
