Reading PINS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PINS free→Reading PINS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PINS free→NYSECommunication ServicesInternet Content & InformationSnapshot 2026-06-12
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, while earnings quality is robust, cash backs up reported profits. Management's recent track record has been steady, but the capital stance is capital unfriendly. Risk is elevated, and the sector backdrop is a headwind, with PINS trading above typical levels compared to sector peers. Peer multiples imply a price roughly in line with where it trades (about fair); the read is fair. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 6 valuation methods, at three horizons. Current price $20.21. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $20 PINS trades at 15× p/e, in line with its 12× p/e peer median. Our $20 fair value reflects that, high confidence. Analysts: $16–$30. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 1% near-term growth, below our forecast of about 15%. This describes what's priced in, not a forecast of the move.
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated neutral grew net income 46% of the time over the next year (vs 61% for the rest of the cohort, n=902).
Over the trailing year it converted 3.73x of net income into operating cash flow. Historically, Communication Services names rated robust grew net income 54% of the time over the next year (vs 49% for the rest of the cohort, n=525).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.35 → $0.36 (+1.0% / 30d). 6 raised, 1 cut, 20 covering analysts.
0 upgrades, 0 downgrades / 30d. 50% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$182.
How much price usually moves either way.
On a bad day, this stock has moved -$539.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $6,063.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Company momentum fell by 22.4 points (from 47.6 to 25.2).
Confidence changed from 'medium' to 'high'.
As of June 12, 2026, the valuation changed, moving from a label of "full" to "fair." Risk remained elevated, and the sector backdrop was noted as a headwind. The management score was stable, and earnings quality was described as robust.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: This would signal a slowdown in Pinterest's revenue growth after a strong Q1.
Confirms:Q2 revenue growth reported below 14% year over year.
Disproves:Q2 revenue growth reported at or above 16% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PINS yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 4, 2026, Pinterest, Inc. (the "Company") announced its financial results for the quarter ended March 31, 2026 by issuing a press release. In its press release, the Company also announced that it would be holding a conference call on May 4, 2026 to discuss its financial results for the quarter ended March 31, 2026 and outlook. The text of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$16.00 – $30.00 (median $25.00) · 29 analysts · as of 2026-05-05
Looks more expensive than peers.
Cheaper than its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Interactive Media & Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PINS Pinterest | Above typical Show detailsSector percentile: 73 of 100 | full | elevated |
GOOG Alphabet Inc. (Class C) | Above typical Show detailsSector percentile: 90 of 100 | expensive | moderate |
GOOGL Alphabet Inc. (Class A) | Above typical Show detailsSector percentile: 87 of 100 | expensive | moderate |
META Meta Platforms | Above typical Show detailsSector percentile: 80 of 100 | expensive | elevated |
RDDT REDDIT, INC. | Typical Show detailsSector percentile: 54 of 100 | expensive | high |
1 material management or governance event in the past 24 months, led by executive changes. Historically, Communication Services names rated stable grew net income 66% of the time over the next year (vs 56% for the rest of the cohort, n=208).
Not investment advice. As of 2026-06-12.
via XLC
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on achieving significant revenue growth through enhanced user engagement and monetization strategies.
Meet or exceed the Adjusted EBITDA guidance to demonstrate financial discipline and operational efficiency.
Complete the $2 billion share repurchase program to return value to shareholders.
Why it matters: This report will show if Pinterest can keep up its recent earnings momentum. A strong report could boost investor confidence.
Confirms:Earnings per share beats consensus estimates by more than 5%.
Disproves:Earnings per share misses consensus estimates by more than 5%.
Why it matters: Updates may show management's confidence in future cash flow and stock value.
Confirms:Look for news on more share buybacks or good comments on the current program.
Disproves:No updates or bad comments about the share buyback program.
Why it matters: Hitting this guidance shows strong performance in operations.
Confirms:Q2 Adjusted EBITDA is at or above $276 million.
Disproves:Q2 Adjusted EBITDA is less than $256 million.
Chief Accounting Officer — Andrea Acosta: Ms. Acosta resigned to pursue another opportunity.