Upside case
Bull case
$64+217.7%
PINS would need investors to value it at roughly 34x earnings — about 23x more generous than today's 11x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Pinterest, Inc. (PINS) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
48
analysts
26 bullish · 1 bearish · 48 covering PINS
Strong Buy
0
Buy
26
Hold
21
Sell
1
Strong Sell
0
Consensus Target
$26
+26.5% vs today
Scenario Range
$31 – $64
Model bear to bull value window
Coverage
48
Published analyst ratings
Valuation Context
10.7x
Forward P/E · Market cap $13.5B
PINS price targets
Three scenarios for where PINS stock could go
Current
~$20
Confidence
66 / 100
Updated
Jun 18, 2026
Where we are now
Current · $20
Bear
$31
Base
$49
Bull
$64
Market caseClosest to today
Base case
$49+141.1%
At 26x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$31+51.9%
The bear case assumes sentiment or fundamentals disappoint enough to push PINS down roughly 52% from the current price.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Pinterest, Inc.
PINS · NYSECommunication ServicesInternet Content & InformationDecember year-end
Pinterest is a visual discovery platform where users find inspiration for everything from recipes to home decor through personalized image and video pins. It generates revenue primarily through advertising — selling promoted pins and shopping ads to brands — with advertising accounting for nearly all of its revenue. Its competitive advantage lies in its unique intent-based discovery model where users actively seek inspiration, creating a high-intent advertising environment distinct from social media feeds.
Market Cap
$13.5B
Revenue TTM
$4.4B
Net Income TTM
$334M
Net Margin
7.6%
PINS Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
67%Exceptional
12 quarters tracked
Revenue Beat Rate
83%Exceptional
vs consensus estimates
Avg EPS Surprise
+14.0%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$0.33/$0.35
Revenue
$998M/$975M
Q4 2025
EPS
$0.38/$0.42
Revenue
$1.0B/$1.0B
Q1 2026
EPS
$0.67/$0.66
Revenue
$1.3B/$1.3B
Q2 2026
EPS
$0.27/$0.22
Revenue
$1.0B/$966M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.33/$0.35 | -6.7% | $998M/$975M | +2.4% |
| Q4 2025 | $0.38/$0.42 | -8.7% | $1.0B/$1.0B | +0.0% |
| Q1 2026 | $0.67/$0.66 | +1.5% | $1.3B/$1.3B | -0.8% |
| Q2 2026 | $0.27/$0.22 | +22.7% | $1.0B/$966M | +4.3% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.9B
+12.5% YoY
FY2
$5.5B
+10.8% YoY
EPS Outlook
FY1
$1.37
+161.7% YoY
FY2
$1.48
+7.4% YoY
Trailing FCF (TTM)$1.2B
FCF Margin: 27.6%
Next Earnings
August 6, 2026
Expected EPS
$0.36
Expected Revenue
$1.1B
PINS beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
PINS Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $7.1B
Product Mix
Latest annual revenue by segment or product family
Segment breakdown not available for this company.
Geographic Mix
Latest annual revenue by reported region
United States And Canada
42.8%
+11.4% YoY
Tap, hover, or focus a slice to inspect segment detail.
United States And Canada is the largest reported region at 42.8%, up 11.4% YoY.
PINS Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Slightly expensive versus peers
Fair value est. $19 — implies -7.7% from today's price.
Premium to Fair Value
7.7%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
PINS
33.3x
vs
S&P 500
24.4x
+36% premium
vs Communication Services Trailing P/E
PINS
33.3x
vs
Communication Services
15.3x
+117% premium
vs PINS 5Y Avg P/E
Today
33.3x
vs
5Y Average
47.3x
30% discount
Forward PE
10.7x
S&P 500
18.8x
-43%
Communication Services
11.3x
-5%
5Y Avg
—
—
Trailing PE
33.3x
S&P 500
24.4x
+36%
Communication Services
15.3x
+117%
5Y Avg
47.3x
-30%
PEG Ratio
—
S&P 500
1.66x
—
Communication Services
0.64x
—
5Y Avg
—
—
EV/EBITDA
37.0x
S&P 500
15.2x
+144%
Communication Services
9.6x
+285%
5Y Avg
74.0x
-50%
Price/FCF
10.8x
S&P 500
20.7x
-48%
Communication Services
11.4x
-5%
5Y Avg
30.3x
-64%
Price/Sales
3.2x
S&P 500
3.1x
+3%
Communication Services
1.0x
+213%
5Y Avg
6.9x
-54%
Dividend Yield
—
S&P 500
1.91%
—
Communication Services
3.43%
—
5Y Avg
—
—
| Metric | PINS | S&P 500 | Communication Services | 5Y Avg PINS |
|---|---|---|---|---|
| Forward PE | 10.7x | 18.8x-43% | 11.3x | — |
| Trailing PE | 33.3x | 24.4x+36% | 15.3x+117% | 47.3x-30% |
| PEG Ratio | — | 1.66x | 0.64x | — |
| EV/EBITDA | 37.0x | 15.2x+144% | 9.6x+285% | 74.0x-50% |
| Price/FCF | 10.8x | 20.7x-48% | 11.4x | 30.3x-64% |
| Price/Sales | 3.2x | 3.1x | 1.0x+213% | 6.9x-54% |
| Dividend Yield | — | 1.91% | 3.43% | — |
PINS trades above S&P 500 benchmarks on 2 of 5 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolPINS Financial Health
Verdict
Strong
PINS generates $1.2B in free cash flow at a 27.6% margin — returns 6.9% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$4.4B
Revenue Growth
TTM vs prior year
+16.3%
Gross Margin
Gross profit as a share of revenue
79.9%
Operating Margin
Operating income divided by revenue
6.3%
Net Margin
Net income divided by revenue
7.6%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$0.53
Free Cash Flow (TTM)
Cash generation after capex
$1.2B
FCF Margin
FCF as share of revenue — the primary cash quality signal
27.6%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
6.1%
ROA
Return on assets, trailing twelve months
6.3%
Cash & Equivalents
Liquid assets on the balance sheet
$969M
Net Cash
Cash exceeds total debt — no net leverage
$707M
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE
Return on equity, trailing twelve months
7.8%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
6.9%
Dividend
—
Buyback
6.9%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$927M
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Declining as buybacks retire shares
665M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pagePINS Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Valuation de-rating
Trailing P/E of 43.3x prices in significant growth — any earnings miss could trigger a sharp selloff.
High Risk
Elevated short interest
Short interest is elevated with a 3.2-day cover ratio, indicating strong bearish bets against the stock.
Medium
Market sensitivity
Beta of 0.92 suggests moderate market risk, but CVaR of -42.2% indicates significant tail risk.
Medium
Premium valuation
Trades at a 123% premium to sector median P/E, making it vulnerable to sector-wide de-ratings.
Lower
Financial performance risk
Net margins of 7.6% and ROE of 9% indicate profitability but may not justify premium valuation if growth slows.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why PINS Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Gen Z-led user growth
Pinterest is experiencing strong user growth driven by Gen Z, which is expanding its addressable market and engagement.
Amazon partnership
The collaboration with Amazon enhances Pinterest's monetization potential through improved e-commerce integration and ad revenue.
Intent-driven ad monetization
Pinterest's platform benefits from high-intent user behavior, making its ads more effective and valuable to advertisers.
Strong fundamentals
The company's trailing and forward P/E ratios indicate solid financial health and growth potential.
Bullish analyst coverage
Multiple bullish reports highlight Pinterest's growth drivers, reinforcing investor confidence in the stock.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
PINS Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$20.29
52W Range Position
25%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$13.84
+46.6% from the low
52-Week High
$39.93
-49.2% from the high
1 Month
+1.81%
3 Month
+8.16%
YTD
-23.6%
1 Year
-41.7%
3Y CAGR
-7.0%
5Y CAGR
-22.8%
10Y CAGR
-1.8%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
PINS vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
10.7x
vs 14.5x median
-26% below peer median
Revenue Growth
+12.5%
vs +10.6% median
+18% above peer median
Net Margin
7.6%
vs 9.5% median
-19% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
PIN PINS Pinterest, Inc. | $13.5B | 10.7x | +12.5% | 7.6% | Buy | +26.5% |
SNA SNAP Snap Inc. | $7.9B | — | +11.7% | -6.7% | Hold | +70.1% |
RDD RDDT Reddit, Inc. | $33.5B | 35.4x | +23.0% | 28.6% | Buy | +27.3% |
BMB BMBL Bumble Inc. | $345M | 2.9x | +3.5% | -71.0% | Hold | +39.5% |
MGN MGNI Magnite, Inc. | $2.6B | 16.8x | +7.8% | 22.0% | Buy | +7.6% |
YEL YELP Yelp Inc. | $1.3B | 12.1x | +10.6% | 9.5% | Hold | +20.2% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
PINS Dividend and Capital Return
PINS returns 6.9% annually — null% through dividends and 6.9% through buybacks.
Dividend UnknownFCF Unknown
Total Shareholder Yield
6.9%
Dividend + buyback return per year
Buyback Yield
6.9%
Dividend Yield
—
Payout Ratio
—
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.00
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
—
5Y Div CAGR
—
Ex-Dividend Date
—
Payment Cadence
—
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$927M
Estimated Shares Retired
46M
Approx. Share Reduction
6.9%
Shares Outstanding
Current diluted share count from the screening snapshot
665M
At 6.9%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
FAQ
7 questionsPINS Investor Questions
Common questions answered from live analyst data and company financials.
01Is Pinterest, Inc. (PINS) stock a buy or sell in 2026?
Pinterest, Inc. (PINS) is rated Buy by Wall Street analysts as of 2026. Of 48 analysts covering the stock, 26 rate it Buy or Strong Buy, 21 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $26, implying +26.5% from the current price of $20. The bear case scenario is $31 and the bull case is $64.
02What is the PINS stock price target for 2026?
The Wall Street consensus price target for PINS is $26 based on 48 analyst estimates. The high-end target is $35 (+72.5% from today), and the low-end target is $16 (-21.1%). The base case model target is $49.
03Is Pinterest, Inc. (PINS) stock overvalued in 2026?
PINS trades at 10.7x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals slightly expensive versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Pinterest, Inc. (PINS) stock in 2026?
The primary risks for PINS in 2026 are: (1) Valuation de-rating — Trailing P/E of 43. (2) Elevated short interest — Short interest is elevated with a 3. (3) Market sensitivity — Beta of 0. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Pinterest, Inc.'s revenue and earnings forecast?
Analyst consensus estimates PINS will report consensus revenue of $4.9B (+12.5% year-over-year) and EPS of $1.37 (+161.7% year-over-year) for the upcoming fiscal year. The following year, analysts project $5.5B in revenue.
06When does Pinterest, Inc. (PINS) report its next earnings?
Pinterest, Inc. is expected to report its next earnings on approximately 2026-08-06. Consensus expects EPS of $0.36 and revenue of $1.1B. Over recent quarters, PINS has beaten EPS estimates 67% of the time.
07How much free cash flow does Pinterest, Inc. generate?
Pinterest, Inc. (PINS) generated $1.2B in free cash flow over the trailing twelve months — a free cash flow margin of 27.6%. PINS returns capital to shareholders through and share repurchases ($927M TTM).