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

Pinstripes Holdings Inc. (NYSE:PNST) – Investment analysts at William Blair decreased their Q3 2025 earnings per share (EPS) estimates for Pinstripes in a research report issued on Wednesday, November 27th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of ($0.05) for the quarter, down from their prior forecast of ($0.01). William Blair currently 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.

Pinstripes (NYSE:PNST) last posted its quarterly earnings data on Wednesday, September 4th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.12). The firm had revenue of $30.60 million for the quarter, compared to analyst estimates of $34.45 million.

PNST has been the subject of several other reports. Oppenheimer dropped their target price on Pinstripes from $5.00 to $2.00 and set an “outperform” rating for the company in a research note on Wednesday, November 27th. BTIG Research decreased their target price on shares of Pinstripes from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th.

Pinstripes Trading Up 3.9 %

Shares of PNST opened at $0.80 on Monday. Pinstripes has a fifty-two week low of $0.56 and a fifty-two week high of $16.00. The stock has a fifty day moving average of $0.76 and a two-hundred day moving average of $1.76.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of Pinstripes in the 2nd quarter valued at about $36,000. Horizon Wealth Management LLC acquired a new position in Pinstripes during the second quarter valued at approximately $46,000. Greenwood Gearhart Inc. purchased a new stake in Pinstripes during the second quarter worth approximately $70,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Pinstripes in the third quarter worth $240,000. Finally, Lakewood Asset Management LLC purchased a new position in shares of Pinstripes in the 2nd quarter valued at $246,000. Institutional investors and hedge funds own 56.79% of the company’s stock.

About Pinstripes

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.