Added to YB: 2026-02-20
Pitch date: 2026-02-18
PINS [neutral]
Pinterest, Inc.
+2.82%
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
$10.9B
Pitch Price
$16.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.38
P/E
26.85
EV/Sales
2.06
Sector
Interactive Media and Services
Category
special_situation
Pinterest ($PINS) Q4 Earnings: The 'Value Trap' Trap Door Opens
PINS (update): Down ~40% YTD post Q4 disaster. Ad impressions +41% but pricing -19% = death spiral. 80% user growth from low-value RoW ($0.27 ARPU vs $9.41 US). Meta grew pricing +6% same period, proving PINS-specific failure. FCF growth optical (tax/timing benefits). Sales reorg = admission of broken product. GAAP P/E 24x for low-teens growth = not cheap. Only upside: OpenAI acquisition speculation.
Read full article (7 min)