07:15 AM EST, 11/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We reduce our 12-month target to $33 from $43, on a P/E of 15x our 2027 EPS view, below peers/historical. We adjust our 2025 EPS view to $1.65 from $1.72, 2025 to $1.96 from $2.12, and 2027 to $2.19 from $2.39. Despite healthy Q3 results, PINS did guide light for Q4, tempered by a pullback in ad spend from large U.S. retailers navigating tariff-related margin pressures. Greater competitive pressures from new/existing entrants in an AI-driven environment also poses greater risk and has likely compressed PINS's multiple. Still, PINS is executing well on its strategy, with clear momentum in user engagement, international monetization, and ad product innovation. The platform is seeing newer ad tools (Performance+, ROAS bidding) moving beyond initial rollout and are now generating tangible, reportable metrics. We view PINS's share decline as overly excessive, implying a P/E of less than 11x on a net cash basis. At these levels, we view valuation as highly enticing and PINS as a potential takeover target.