Reading the tape
NYSE: PINS
Pinterest, Inc.
Communication Services · Internet Content & Information
Market Cap
$14.07B
52w High
$39.93
52w Low
$13.84
P/E
39.71
Volume
26.33M
Outstanding Shares
674.73M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionHigh confidence
1Y Price: -24.13%Revenue (TTM): 16.3%FCF (TTM): 26.75%P/FCF: 5th pct
What changed
The stock fell 24.13% over the last year. Revenue grew 16.3% over the trailing twelve months. Operating margin moved from 5.28% to 6.29%. Free cash flow grew 26.75% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 5th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 6.29%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Pinterest, Inc. operates as a visual discovery engine in the United States and internationally.
CEOWilliam J. Ready
SectorCommunication Services
IndustryInternet Content & Information
Employees4,778
IPO dateApr 18, 2019
Valuation
Forward P/E—
EV/EBITDA48.58
Enterprise value$16.76B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth17.84%
Gross margin79.86%▲0.81%vs FY2024
Operating margin6.29%▲53.64%vs FY2024
ROE8.78%▼77.59%vs FY2024
Analyst consensus
RatingBuy
Target price$25.36▲21.60%
25
Buy
21
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 6, 2026
Q3 FY26 · EPS est $0.34 · Revenue est $1.12B
View
Congressional Activity
Congress Trades in PINS
STOCK Act disclosures from senators and representatives.
Charles J. "Chuck" Fleischmann
TNhouseRepublicanSaleJoint2026-02-20$1,001 - $15,000+31d to disclose