After a volatile summer, Wall Street is taking another look at Pinterest Inc. So far, analysts like what they see.

The social-media company has received positive commentary from Goldman Sachs and Oppenheimer, among others, with analysts touting its growth potential and ability to better monetize its user base, including through artificial intelligence. A partnership with Amazon.com Inc., announced in August, and the recent Pinterest Presents advertiser summit have solidified the view that the stock could be an underappreciated bargain in the sector.