Pinterest (NYSE:PINS) Issues Quarterly Earnings Results

Pinterest (NYSE:PINS) issued its earnings results on Tuesday. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07, FiscalAI reports. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period last year, the company posted $0.33 earnings per share.

Here are the key takeaways from Pinterest’s conference call:

• Strong Q2 results: Revenue exceeded $1 billion for the fourth consecutive quarter, rising 18% year over year to $1.18 billion, while monthly active users reached a record 640 million, up 11%.
• AI-driven ad products are improving advertiser performance and supporting broader demand; Pinterest said Performance+ campaigns are generating stronger ROAS, while Smart Assembly improved click-through rates by 6% in early testing.
• Management raised its full-year 2026 adjusted EBITDA margin outlook to approximately 30% from 29%, supported by revenue outperformance, disciplined headcount management, and cost-efficient use of open-source AI models.
• Pinterest Assistant is now available to most U.S. users and is integrated throughout the shopping journey, with management expecting monetization to be embedded from launch rather than added later; open-source models reportedly run at less than 8% of comparable closed-model costs.
• International monetization remains a challenge, with Europe and rest-of-world growth pressured by difficult comparisons, go-to-market restructuring, and regulatory actions affecting Asia-based cross-border retailers; management expects some disruption to continue in Q3.

Pinterest Stock Performance

Shares of NYSE PINS opened at $25.59 on Wednesday. The company has a market cap of $14.33 billion, a PE ratio of 53.31, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. Pinterest has a 12 month low of $13.84 and a 12 month high of $39.83. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.23 and a quick ratio of 4.23. The company has a 50-day simple moving average of $21.93 and a 200-day simple moving average of $20.50.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wedbush started coverage on Pinterest in a research note on Thursday, July 16th. They issued a “neutral” rating and a $24.00 price objective for the company. Rothschild & Co Redburn set a $23.00 price target on Pinterest and gave the stock a “neutral” rating in a research note on Monday, April 27th. BMO Capital Markets boosted their price objective on shares of Pinterest from $30.00 to $34.00 and gave the stock an “outperform” rating in a research report on Wednesday. Mizuho raised their target price on shares of Pinterest from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Finally, Piper Sandler restated a “neutral” rating and set a $26.00 target price (up from $21.00) on shares of Pinterest in a research report on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Pinterest presently has a consensus rating of “Hold” and an average price target of $27.97.

More Pinterest News

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Second-quarter revenue rose 18.2% year over year to $1.18 billion, exceeding the $1.15 billion consensus estimate. Adjusted earnings of $0.43 per share also beat expectations of $0.36, while the company raised its full-year margin target. Pinterest Announces Second Quarter 2026 Results
• Positive Sentiment: User growth remained strong: global monthly active users increased 11% to a record 640 million, marking the 11th consecutive quarter of double-digit growth. Pinterest also generated $311 million of adjusted EBITDA and $270 million of free cash flow. Pinterest’s AI Push Pays Off in Record Users and Revenue
• Positive Sentiment: Management’s artificial-intelligence and social-commerce initiatives appear to be gaining traction, helping Pinterest expand engagement and advertising opportunities as it develops into a shopping destination. Pinterest is winning the argument on AI costs and losing the one on growth
• Neutral Sentiment: Pinterest guided to roughly $1.2 billion of third-quarter revenue, broadly in line with analyst expectations. However, the forecast implies slower growth, limiting the benefit of the quarterly earnings beat. Pinterest expects slower quarterly revenue growth as ad competition heats up
• Negative Sentiment: Shares decreased in the immediate post-earnings reaction because investors viewed the outlook as lukewarm. Management cited intensifying digital-ad competition, particularly from Meta’s Instagram, as a risk to growth. Pinterest shares fall on lukewarm sales guidance
• Negative Sentiment: Higher costs resulted in a GAAP net loss of approximately $47 million despite the revenue and adjusted-profit beats, raising concerns about operating leverage and valuation support. Pinterest Sales Climb on Traction With Gen Z

Insider Activity at Pinterest

In related news, insider Wanjiku Juanita Walcott sold 27,337 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $20.46, for a total transaction of $559,315.02. Following the sale, the insider owned 724,673 shares in the company, valued at approximately $14,826,809.58. This trade represents a 3.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Benjamin Silbermann sold 46,875 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $22.54, for a total transaction of $1,056,562.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 370,720 shares of company stock worth $7,892,627 in the last three months. Insiders own 8.09% of the company’s stock.

Institutional Investors Weigh In On Pinterest

A number of hedge funds and other institutional investors have recently made changes to their positions in PINS. Compound Planning Inc. lifted its position in Pinterest by 11.7% during the fourth quarter. Compound Planning Inc. now owns 14,234 shares of the company’s stock worth $369,000 after buying an additional 1,495 shares during the period. Invesco Ltd. grew its holdings in Pinterest by 82.3% in the 4th quarter. Invesco Ltd. now owns 1,795,625 shares of the company’s stock valued at $46,489,000 after buying an additional 810,605 shares during the period. Corient Private Wealth LLC increased its stake in shares of Pinterest by 60.6% during the 4th quarter. Corient Private Wealth LLC now owns 121,218 shares of the company’s stock valued at $3,003,000 after acquiring an additional 45,752 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Pinterest by 44.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 145,197 shares of the company’s stock valued at $3,759,000 after acquiring an additional 44,439 shares during the last quarter. Finally, Vident Advisory LLC lifted its holdings in shares of Pinterest by 3.3% during the 4th quarter. Vident Advisory LLC now owns 110,301 shares of the company’s stock worth $2,856,000 after acquiring an additional 3,497 shares during the period. Hedge funds and other institutional investors own 88.81% of the company’s stock.

About Pinterest

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.