Pinterest (NYSE:PINS) Announces Earnings Results, Misses Estimates By $0.03 EPS

Pinterest (NYSE:PINS) released its quarterly earnings data on Thursday. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03), FiscalAI reports. Pinterest had a return on equity of 7.49% and a net margin of 5.46%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the firm posted $0.38 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis.

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

• Q3 revenue missed expectations, coming in at $1.174 billion, up 12% year over year. European de minimis regulatory changes caused cross-border sellers to pull back more than anticipated, while international go-to-market restructuring added pressure.
• Pinterest expects continued near-term pressure in international markets, with Q4 revenue guidance of $1.425 billion to $1.475 billion, representing only 8% to 12% growth. Management does not expect cross-border spending to recover during the holiday period.
• User momentum remained strong, with global MAUs reaching a record 661 million, up 10%, and engagement in UCAN deepening faster than user growth. UCAN revenue grew 14% in Q3 and 15% year to date, demonstrating progress in Pinterest’s performance-advertising strategy.
• Pinterest is expanding AI-driven monetization through Pinterest Assistant, Visual Search Ads, improved bidding, and programmatic partnerships. Approximately 80% of Pinterest Assistant searches are commercial, while an early advertiser test showed a 77% increase in new-customer return on ad spend using Pinterest’s measurement integration.
• Q3 adjusted EBITDA was $339 million, with a 29% margin, and trailing 12-month free cash flow reached nearly $1.26 billion. However, Pinterest expects increased infrastructure and GPU spending in Q4 while maintaining its full-year adjusted EBITDA margin target of approximately 30%.

Pinterest Stock Down 6.2%

Shares of NYSE PINS traded down $1.24 during mid-day trading on Friday, hitting $18.68. The company had a trading volume of 17,242,470 shares, compared to its average volume of 16,497,455. The company has a market capitalization of $10.47 billion, a PE ratio of 54.54, a price-to-earnings-growth ratio of 1.49 and a beta of 0.90. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $20.71 and a two-hundred day simple moving average of $20.83. Pinterest has a one year low of $13.84 and a one year high of $34.12.

Insider Activity at Pinterest

In other news, CFO Julia Donnelly sold 29,548 shares of Pinterest stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $18.61, for a total transaction of $549,888.28. Following the completion of the sale, the chief financial officer owned 751,921 shares of the company’s stock, valued at approximately $13,993,249.81. This trade represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Claude Leonard Brown sold 12,240 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $20.00, for a total transaction of $244,800.00. Following the sale, the insider owned 1,130,768 shares in the company, valued at $22,615,360. The trade was a 1.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 692,877 shares of company stock worth $14,733,501. 8.09% of the stock is owned by corporate insiders.

Pinterest News Roundup

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Pinterest reported 12% year-over-year revenue growth to $1.17 billion and a record 661 million monthly active users, up 10%. Adjusted EBITDA was $339 million, while operating cash flow reached $316 million and free cash flow totaled $300 million. Pinterest Announces Third Quarter 2026 Results
• Positive Sentiment: Despite lowering their targets, Cantor Fitzgerald maintained an “overweight” rating at $23 and Barclays retained an “equal weight” rating at $24. Both targets imply meaningful upside from recent trading levels, suggesting analysts still see longer-term value. Cantor Fitzgerald ratings
• Neutral Sentiment: Unusual options activity included purchases of approximately 17,657 put contracts, about 23% above typical daily volume. This indicates increased hedging or bearish speculation, although options activity alone does not establish the stock’s direction.
• Negative Sentiment: Pinterest missed third-quarter expectations: adjusted earnings were $0.46 per share versus roughly $0.49 expected, and revenue of $1.17 billion fell short of estimates near $1.21 billion. The company’s reported profitability also weakened, increasing investor concern about monetization and margins. Pinterest misses Q3 earnings and revenue estimates
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.45 billion was about 4.7% below Wall Street expectations, reinforcing fears that revenue growth is slowing. The disappointing outlook triggered the sharp selloff following results. Pinterest stock sinks as signs point to slowing revenue growth
• Negative Sentiment: Recent analyst target reductions and reports of substantial insider selling add to investor caution. Pinterest also traded lower alongside other social-media stocks after concerns that artificial intelligence could reduce online search traffic weighed on the sector.

Analyst Ratings Changes

A number of research analysts have issued reports on PINS shares. Wells Fargo & Company increased their target price on shares of Pinterest from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. UBS Group reiterated a “buy” rating and set a $32.00 target price on shares of Pinterest in a research note on Friday. Citigroup raised their target price on shares of Pinterest from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Evercore set a $24.00 price objective on shares of Pinterest in a report on Friday. Finally, Wall Street Zen raised shares of Pinterest from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.75.

Pinterest Company Profile

Pinterest, Inc (NYSE: PINS) operates a visual discovery platform that helps people find ideas and inspiration for activities such as home improvement, cooking, fashion, travel and event planning. Users can discover, save and organize images and videos—known as Pins—on personalized boards and explore recommendations based on their interests.

The company also provides tools for businesses and creators to showcase products and content on the platform. Its advertising business includes promoted Pins and other advertising formats designed to help marketers reach users while they are discovering ideas, researching products and planning purchases.