Pinterest Inc. (NYSE:PINS) is one of the 10 best large cap stocks under $30 with highest upside potential.
Back on May 5, Oppenheimer increased its target price for Pinterest Inc. (NYSE:PINS) from $24 to $30, while maintaining an Outperform rating on the stock. This adjustment follows the company’s first quarter performance, where topline exceeded both Oppenheimer’s and the broader Street expectations.
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On an ex-FX basis, revenue grew 15% year over year, marking an improvement over the 13% growth recorded during the fourth quarter. This increase is attributed to recoveries across large retailers amid elevated performance adoption late in the first quarter. The same retailers experienced the impacts of tariffs during most of 2025, which is expected to be a major hurdle for the rest of the year.
However, for the second quarter, Pinterest expects a 2-point organic slowdown without incorporating the FX effects. Even though the management guidance still remains above Oppenheimer’s and Street expectations, the firm says this gap shows limited confidence in a full recovery. Despite this, the firm’s target price translates into an upside potential of over 39% at the current level.
On May 5, RBC Capital increased the target price for Pinterest Inc. (NYSE:PINS) from $17 to $23, while maintaining a Sector Perform rating on the shares. According to the firm, driven by improved conversion rates, the company posted stronger-than-expected first-quarter results, with earlier challenges from major customers gradually easing late in the quarter.
RBC Capital demands greater confidence in AI-driven improvements for content recommendations before having a more favorable view of the stock.
Pinterest Inc. (NYSE:PINS) is an online visual search and discovery platform that operates globally. It enables creativity by allowing users to share and search for a wide range of ideas covering different topics. This could include fitness, style, recipes, art, and more. It also allows users to engage with advertisers, which is a key revenue source for the business.
While we acknowledge the potential of PINS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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