Pinterest (PINS)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-09
$18.28-9.24%
Close 2026-09-09 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-09
Broken: Recent financial performance freshly dropped to the bottom half of its industry.
Pinterest grows revenue about 16% yearly, helped by AI ad improvements. Revenue rose 18% last quarter to $1 billion. The company invests $4 billion in cloud and AI to boost growth. Profit margins and cash flow remain solid.
Revenue growth could slow below 10% if AI ad gains disappoint. Rising debt from $1 billion notes may pressure profits. User engagement might weaken, hurting monetization.
The price is about 4% below our fair value near $23. Analysts expect 16% revenue growth, which aligns with our view. Our fair value is 14% below the Street median, reflecting cautious optimism.
Breaks if: Adjusted EBITDA falls below $150 million in Q2 FY2026
Meet or exceed the Adjusted EBITDA guidance to demonstrate financial discipline and operational efficiency.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The current thesis state is weakened due to recent financial performance dropping within its industry, indicating increased uncertainty around future growth prospects.
The market currently assumes a justified valuation, with a low expectations gap. PINS is priced at a premium compared to its peers, suggesting that investors expect some level of growth despite recent challenges.
Management is on track with priorities like increasing revenue growth and achieving Adjusted EBITDA guidance. However, there is elevated risk due to the potential for earnings guidance cuts, which could negatively impact sentiment.
The thesis hinges on the performance of sector bellwethers like GOOGL, GOOG, and META. If these companies continue to perform well, it could provide a favorable backdrop for PINS. Conversely, any negative guidance from these peers could lead to further challenges for PINS.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. Recent financial performance dropped from the top half to the bottom half of its industry. This change reflects a decline in the reason to own the stock. Additionally, the departure of the Chief Financial Officer raises concerns about the execution of growth strategies.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Net debt rises above $2 billion or buybacks halt
Breaks if: YoY revenue growth falls below 10% in FY26
In the next 1 to 3 years, PINS must navigate sector headwinds and maintain its growth trajectory to restore confidence. Not investment advice.