PINS
Pinterest, Inc.

Pinterest, Inc.PINS

Communication Services · Internet Content & Information
18.90USD
+0.96%
Sep 28, 2026
PINS overview ready
AI-driven Visual Discovery Platform Monetizing High-Intent Commerce Advertising
Pinterest operates a visual discovery and shopping platform whose primary monetization is advertising.
Narrative not measured
AI-Enabled Digital Advertising and Commerce DiscoveryIntent-Based Visual Commerce AdvertisingPure play
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Mixed fundamentals
Free cash flow yield is strong, while EV / EBITDA is weak.
Primary risk
Dependence on advertising revenue and ad market conditions.
Market Sep 25Filing Jun 30Price action Sep 27Research Sep 8

Conviction Level

NarrativeHeat—ThemeHeat6.5PriceAction3.4Valuation7.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$11.3B
Avg Volume (60D)
13.1M
60 sessions
Revenue Growth YoY
+15.8%
FY2025 vs FY2024
Gross Margin
+79.5%
Trailing twelve months
Operating Margin
+4.9%
Trailing twelve months
Free Cash Flow Yield
+11.3%
Distance from 200DMA
-11.8%
Next Earnings
2026-11-09
P/E
45.5x
EV / EBITDA
42.8x
EV / Sales
2.4x
Market metrics as of Sep 25, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; peers is the dissenting view.
Pinterest, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces.

Company Research

Thesis
Pinterest operates a visual discovery and shopping platform whose primary monetization is advertising. It is using AI-driven recommendation, visual search, creative and campaign-optimization tools to improve advertiser performance and turn high-intent discovery activity into more measurable commerce outcomes.
Opportunity
Moderate opportunity
Advertising platforms that monetize visual, discovery-led consumer journeys by applying AI to recommendation, creative generation, targeting and conversion optimization for advertisers seeking purchase-intent audiences.
Key risk
Dependence on advertising revenue and ad market conditions.

Narrative & Theme

AI-Enabled Digital Advertising and Commerce Discovery
Part of Intent-Based Visual Commerce Advertising, with moderate fit.
PINS has a real, direct exposure to the shift of digital-ad budgets toward AI-optimized, performance-oriented discovery and commerce journeys. This is distinct from the promoted infrastructure, power, defense, cyber, materials and metabolic narratives.
Narrative HeatNeutral6.1 / 10
This reading is no longer current (last measured 2026-09-08). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral6.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Communication Services · Internet Content & Information
What they do

Pinterest, Inc. operates a visual search and discovery platform that enables users to find, save, and shop ideas such as recipes and home inspiration across multiple regions including the US, Canada, and Europe.

How it earns

The company generates revenue primarily through advertising products that connect advertisers with users via an ad auction system.

Products & services
Visual search and discovery platform
Advertising products
Ad auction system
Customers & end markets
Individual users seeking ideas and inspiration
Advertisers targeting relevant audiences
Market position

Pinterest is a niche player in the visual discovery and social media advertising space with a unique focus on inspiration and shopping.

Demand drivers
Medium cyclicality

Advertising revenues can be sensitive to economic cycles and marketing budgets.