What is William Blair’s Forecast for Pinstripes Q3 Earnings?

Pinstripes Holdings Inc. (NYSE:PNST) – Equities research analysts at William Blair cut their Q3 2025 earnings estimates for Pinstripes in a research report issued to clients and investors on Wednesday, November 27th. William Blair analyst S. Zackfia now anticipates that the company will earn ($0.05) per share for the quarter, down from their previous forecast of ($0.01). William Blair has a “Outperform” rating on the stock. The consensus estimate for Pinstripes’ current full-year earnings is ($0.78) per share. William Blair also issued estimates for Pinstripes’ Q4 2025 earnings at ($0.20) EPS, FY2025 earnings at ($0.70) EPS and FY2026 earnings at ($0.94) EPS.

Several other analysts also recently issued reports on the company. BTIG Research cut their price objective on Pinstripes from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Oppenheimer cut their price objective on Pinstripes from $5.00 to $2.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th.

Pinstripes Trading Down 9.4 %

Shares of Pinstripes stock opened at $0.72 on Monday. The company’s 50-day moving average price is $0.76 and its two-hundred day moving average price is $1.73. Pinstripes has a 52 week low of $0.56 and a 52 week high of $16.00.

Pinstripes (NYSE:PNST) last issued its quarterly earnings results on Wednesday, September 4th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.12). The business had revenue of $30.60 million for the quarter, compared to analysts’ expectations of $34.45 million.

Hedge Funds Weigh In On Pinstripes

A number of large investors have recently made changes to their positions in PNST. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Pinstripes in the 2nd quarter valued at about $1,714,000. Rockefeller Capital Management L.P. bought a new stake in shares of Pinstripes in the 3rd quarter valued at approximately $240,000. Lakewood Asset Management LLC bought a new stake in shares of Pinstripes in the 2nd quarter valued at approximately $246,000. Greenwood Gearhart Inc. bought a new stake in shares of Pinstripes in the 2nd quarter valued at approximately $70,000. Finally, Horizon Wealth Management LLC bought a new stake in shares of Pinstripes in the 2nd quarter valued at approximately $46,000. Institutional investors and hedge funds own 56.79% of the company’s stock.

Pinstripes Company Profile

Pinstripes Holdings Inc operates a dining and entertainment concept restaurants. The company provides Italian-American food and beverage menu with bowling, bocce, and event space. It also offers private event options and catering services. The company is based in Northbrook, Illinois.