Pinterest Sees Bullish Options Activity Amid Analyst Upgrades

Strong bullish sentiment emerges for Pinterest as investors target price ranges between $15.0 and $50.0. Analyst upgrades further support positive outlook for the stock, enhancing investor confidence ahead of upcoming earnings.

Date: 29-03-2025

AI Rating: 8

Market Sentiment for Pinterest has shifted positively, indicated by a bullish stance taken by significant investors in the options market. Approximately 66% of detected trades were bullish, with only 22% bearish. The data from option trading reveals total investments heavily leaning towards calls, totaling $378,280 against $102,544 for puts.

An analysis of projected price targets suggests that bullish investors are aiming for a wide range between $15.0 and $50.0 for the next three months, indicating optimism about the stock's future performance. Moreover, trading volume has been substantial, with 8,556,988 shares exchanged recently. This heightened trading volume combined with the drop in price of 2.51% to $31.43 suggests increased market interest and potential liquidity for investors willing to enter positions.

Analyst Upgrades are a critical element affecting investor sentiment. Analysts from Guggenheim and Keybanc have upgraded their ratings, with target prices at $40 and maintaining an overweight rating, respectively. These positive sentiments from industry analysts provide confidence to investors, enhancing expectations for Pinterest’s market performance. The positive outlook, driven by expert opinions, could signal improving fundamental performance metrics in the upcoming earnings announcement.

Stocks: PINS