11:33 AM EST, 11/05/2025 (MT Newswires) -- Pinterest ( PINS ) is faced with rising AI risk amid mixed Q3 results and revenue growth forecast at the midpoint for Q4 below Street estimates, Wedbush said in a Wednesday note.

While the quarter showed a sequential improvement from Q2, its Q4 guidance reflected a less constructive range of outcomes due to broader uncertainty and the addition of a new tariff that could impact the home furnishings category, the report said.

"At the same time, we think investors are increasingly contemplating risks from rising consumer adoption of competing agentic commerce tools," the note said.

"We are less constructive on the platform's ability to deliver upside to expectations," it added.

Still, Wedbush expects the firm to remain on pace to achieve its intermediate-term targets outlined at its investor day in 2023.

Wedbush cut its price target on the stock to $34 from $44 while keeping its outperform rating.

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