Added to YB: 2025-12-30
Pitch date: 2025-12-24
PINS [neutral]
Pinterest, Inc.
-0.73%
current return
Author Info
Accrued Interest is an TMT Equity Research Specialist. They manage their family office and write about business and investing. Former tv/radio executive. During corporate years, achieved +3,400% TWR in PA from ’16-‘24. Sign up for the newsletter.
Company Info
Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.
Market Cap
$17.7B
Pitch Price
$26.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.54
P/E
9.08
EV/Sales
3.75
Sector
Interactive Media and Services
Category
N/A
Why Pinterest Will Underperform in 2026 ($PINS)
PINS (underperform): Value trap at 34x 2026 GAAP EPS despite -10% YTD. US/Canada MAUs +4% vs ROW +16% at $0.21 ARPU vs $7.64, causing -24% ad pricing decline. AI threatens discovery model as users shift to ChatGPT/agents for product search. Lacks purchase data vs Amazon/Meta for AI ads.
Read full article (4 min)