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. Pixabay/Public Domain 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.