10:16 AM EDT, 05/09/2025 (MT Newswires) -- Pinterest's ( PINS ) Q1 results and "better-than-expected" Q2 guidance underscored "strong execution" from management on the considerable monetization potential that the company's platform has to offer, Wedbush analysts said in a Friday note.

"Management continues to demonstrate strong execution against its user engagement and monetization strategy," the analysts said. The risk versus reward of owning Pinterest ( PINS ) stock is "compelling in our view for a platform that still has considerable monetization potential

ahead," they added.

Wedbush said the higher-than-expected Q2 guidance might even be on conservative side. It noted that the company has a history of reporting results at the high end of its guidance - if not surpassing it - for several quarters in a row.

Wedbush maintained its outperform rating on Pinterest's ( PINS ) stock and raised its price target on the stock to $40 from $38 a share.

Shares of Pinterest ( PINS ) were up 11% in recent trading.

Price: 30.87, Change: +3.01, Percent Change: +10.80