Pinterest (NYSE:PINS) Posts Earnings Results, Beats Expectations By $0.05 EPS

Pinterest (NYSE:PINS) issued its quarterly earnings results on Monday. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05, FiscalAI reports. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 7.42%. The business’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 earnings per share.

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

• Q1 results beat expectations — Pinterest reported >$1 billion in revenue (up 18% y/y), adjusted EBITDA of >$207M, $312M free cash flow, and repurchased ~$2B of stock, reducing shares outstanding by ~16%.
• AI and product momentum — Deployments like PinRec, expanded search ranking, and Canvas drove meaningful gains (e.g., ~180bps search fulfillment improvement and similar CPA/CPC reductions) and are powering advertiser performance and personalization.
• Monetization gaps remain — Pricing declined ~5% y/y and the company still faces a headwind from its largest retail advertisers, meaning engagement growth is not yet fully reflected in revenue without improved measurement and GTM execution.
• Sales and go‑to‑market overhaul underway — New Chief Business Officer is reorganizing coverage, incentives, and measurement focus to expand mid‑market, SMB, and international revenue; management says this will take quarters to fully play out.
• CTV expansion via tvScientific — Q1 close of tvScientific shows early promising results (partner case: ~190% greater incremental reach and ~159% incremental sales) and Pinterest plans to fold CTV into Performance+ to target larger budgets.

Pinterest Stock Performance

Shares of Pinterest stock traded down $1.23 during trading on Wednesday, hitting $21.06. 16,001,348 shares of the stock were exchanged, compared to its average volume of 18,692,191. The stock’s fifty day moving average is $18.86 and its 200 day moving average is $23.44. The stock has a market cap of $14.00 billion, a PE ratio of 43.82, a P/E/G ratio of 1.40 and a beta of 0.93. Pinterest has a 12 month low of $13.84 and a 12 month high of $39.93.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Q1 beat and upbeat guidance: Pinterest topped revenue and EPS estimates (Q1 revenue ~$1.01B, adj. EPS $0.27) and issued Q2 revenue guidance above consensus, sparking the initial rally. Read More.
• Positive Sentiment: AI-driven ad momentum: Management and multiple reports say Pinterest’s AI-powered ad tools (Performance+, PinRec) are improving advertiser ROI and lifting ARPU and ad demand — a fundamental driver for sustained revenue growth. Read More.
• Positive Sentiment: Large buybacks and capital allocation: The company disclosed ~ $2B of repurchases (part of a $3.5B program) that reduce float and support EPS, a near‑term mechanical positive for the stock. Read More.
• Positive Sentiment: Analyst upgrades/price‑target increases: A wave of firms raised targets and ratings (Morgan Stanley, Oppenheimer, UBS, Mizuho, Wells Fargo, Guggenheim and others), boosting sentiment and providing technical support. Read More.
• Neutral Sentiment: Options activity: Unusually high call-option volume suggests some traders are speculating on further upside, but this can amplify intraday moves without changing fundamentals. (Company options flow reported May 5)
• Neutral Sentiment: Investor commentary on valuation: Several writeups debate whether the post‑move price is a buying opportunity for long‑term investors — useful context but not an immediate catalyst. Read More.
• Negative Sentiment: Multiple securities class‑action filings: Several law firms have announced suits and lead‑plaintiff deadlines alleging inadequate disclosures tied to advertising revenue/tariff exposure; these actions increase legal risk, potential costs and headline volatility. Read More.
• Negative Sentiment: Ongoing legal/PR noise: Multiple firms (Pomerantz, Levi & Korsinsky, Rosen, others) have issued notices encouraging participation — even if claims are unsettled, the repeated headlines can weigh on sentiment and attract short‑term selling. Read More.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Cantor Fitzgerald set a $18.00 price target on shares of Pinterest in a research note on Friday, February 13th. TD Cowen boosted their target price on shares of Pinterest from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. Rothschild & Co Redburn set a $23.00 target price on shares of Pinterest and gave the company a “neutral” rating in a research note on Monday, April 27th. Sanford C. Bernstein reiterated an “outperform” rating and set a $20.00 target price on shares of Pinterest in a research note on Friday, February 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $28.00 target price on shares of Pinterest in a research note on Tuesday. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $27.40.

Insider Activity at Pinterest

In other news, Director Gokul Rajaram sold 2,100 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $20.00, for a total transaction of $42,000.00. Following the completion of the transaction, the director owned 27,450 shares in the company, valued at approximately $549,000. This represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.09% of the company’s stock.

Hedge Funds Weigh In On Pinterest

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its position in shares of Pinterest by 2,017.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after acquiring an additional 1,049 shares during the last quarter. Rakuten Securities Inc. grew its position in shares of Pinterest by 819.6% during the second quarter. Rakuten Securities Inc. now owns 4,120 shares of the company’s stock worth $148,000 after acquiring an additional 3,672 shares during the last quarter. Horizon Investments LLC bought a new position in shares of Pinterest during the third quarter worth about $139,000. Parallel Advisors LLC grew its position in shares of Pinterest by 43.9% during the fourth quarter. Parallel Advisors LLC now owns 4,390 shares of the company’s stock worth $114,000 after acquiring an additional 1,340 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Pinterest by 100.9% during the second quarter. Smartleaf Asset Management LLC now owns 6,107 shares of the company’s stock worth $220,000 after acquiring an additional 3,067 shares during the last quarter. 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.