Pinterest, Inc. research snapshot
PINS AI stock analysis currently reads Pinterest as a visual discovery and shopping-intent platform with 631 million monthly active users, a recently closed Elliott-backed convertible financing, a $3.5 billion buyback program, and a 2026 Q1 net loss driven by restructuring. The analysis is not a certain price prediction. At the August 3, 2026 cutoff, the latest verified close used here was $24.01, market capitalization was about $13.45 billion, and the next earnings report is scheduled for August 4, 2026. The stock trades near 12.7x forward non-GAAP earnings, a discount that reflects genuine concerns about AI-powered search competition, ad pricing, and stock-based compensation. This is informational research and not investment advice.
Current price
$24.01
Market cap
$13.45 billion verified market capitalization
AI score
64 / 100
Rating
Monetization-focused turnaround with a verified capital return program, priced at a deep forward multiple but facing real AI search competition
Trend status
Price recovered above the 50-day and 200-day moving averages after the July rebound
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Pinterest connects high-intent users with products and ideas through visual search and recommendations. Advertisers pay because the audience is actively planning purchases, which gives the platform a different profile than entertainment feeds. | High |
| Moat | The moat comes from a large visual corpus, personalized boards, logged-in user data, brand positivity, and more than 80 billion monthly searches. It is real but narrower than Meta or Google, and Google Images has been redesigned into a Pinterest-like experience. | Medium |
| Management | CEO Bill Ready is driving AI, performance ads, and commerce expansion, supported by a deep Elliott relationship and a new Chief Business Officer-led sales reorganization. The August 4, 2026 results will test whether the engagement-to-monetization gap is narrowing. | Medium |
| Financial trend | TTM revenue reached $4.37 billion, up 16%, and 2026 Q1 revenue was $1.008 billion, up 18% reported and 15% constant currency. Adjusted EBITDA grew 20% to $206.5 million in Q1 2026, while GAAP net loss was $73.6 million on restructuring charges. | High |
| Valuation | At $24.01, the stock trades near 48.5x trailing GAAP EPS and about 12.7x forward non-GAAP EPS. The wide spread reflects 2026 restructuring, the one-time 2024 tax benefit, and heavy investment spending. | Medium |
| Technical trend | PINS closed above its 50-day moving average near $21.60 and its 200-day moving average near $22.90 after the July rebound. RSI was about 62, which is constructive but not overbought. | Medium |
| Risk level | Key risks are ad pricing pressure, AI-driven discovery competition including Google and OpenAI, retail advertiser pullbacks, international monetization lag, sales execution, stock-based compensation, and convertible-note dilution. Short interest is about 10% of shares outstanding. | High |
| AI confidence | High confidence for reported revenue, user count, share count, market cap math, capital return, and major risk categories. Lower confidence for future monetization speed and valuation re-rating. | High data confidence |
| Investment certainty | Medium certainty. The platform has a durable user base and strong cash flow, but the stock price outcome depends on execution in monetization, margins, and how AI search competition evolves. | Medium |
PINS AI stock forecast
The PINS AI stock forecast uses scenario ranges around the $24.01 cutoff price. It does not claim that AI can predict a specific future price. The bullish case requires Pinterest to sustain double-digit revenue growth, expand ARPU, improve ad pricing, and hold a mid-teens forward earnings multiple. The base case assumes growth continues but the market stays cautious. The bearish case assumes ad pricing and margin pressure persist, AI search competition intensifies, and the multiple contracts.
$35 to $58
More likely if Pinterest accelerates ARPU growth, expands mid-market and SMB advertisers, scales tvScientific into a measurable CTV revenue stream, improves ad pricing, and investors value the stock near a 18x to 20x forward earnings multiple as the August 4, 2026 results beat expectations.
$22 to $36
More likely if revenue grows in the low-to-mid teens, non-GAAP earnings grow near 10% to 15% annually, buybacks keep reducing share count, and the market values Pinterest near a 12x to 15x forward earnings multiple.
$14 to $22
More likely if ad pricing keeps falling, AI assistants take share of commercial discovery, large retailers keep cutting budgets, restructuring savings do not convert into margin, or the stock is re-rated toward a 8x to 10x forward earnings multiple.
PINS AI technical analysis
PINS AI technical analysis starts from the $24.01 July 31, 2026 close used for this August 3 static page. StockAnalysis showed the stock above both the 50-day moving average near $21.60 and the 200-day moving average near $22.90, with RSI about 62. Because this page does not fetch request-time market data, traders should confirm levels on a live chart before acting.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $24.01 | Latest verified close used for this page as of the August 3, 2026 data cutoff. |
| Near support | $22.90 to $23.00 | The 200-day moving-average area reported by StockAnalysis, which the price reclaimed during the July rebound. |
| Secondary support | $21.60 to $22.00 | The 50-day moving-average area near $21.60. A sustained break below it would weaken the near-term setup. |
| Near resistance | $24.50 to $25.20 | The early-August trading area and a level the stock has repeatedly failed to hold. Breakout attempts need volume confirmation. |
| Higher resistance | $27.60 to $28.00 | The consensus analyst price-target area near $27.64, which has acted as a magnet for the recovery. |
| 50-day moving average | About $21.60 | StockAnalysis reported the 50-day moving average near $21.60, below the current price. |
| 200-day moving average | About $22.90 | StockAnalysis reported the 200-day moving average near $22.90. The price closed above it on July 31, 2026. |
| Momentum | RSI about 62 | StockAnalysis showed RSI near 62, constructive but not yet overbought. MACD data was not available from the allowed sources at this cutoff. |
| Volume | About 9.8 million shares on July 31 | July 31 volume was slightly below the 20-day average near 10.1 million shares, suggesting the rebound lacked heavy participation on the last trading day. |
| Volatility | Beta 0.89, 52-week range $13.84 to $39.93 | The stock is less volatile than the market but has traded in a very wide 52-week band. Position sizing should allow for normal daily movement. |
| Invalidation | Close below $22.00, then $21.60 | A close back below the 200-day area near $22.90 would reduce confidence. A close below $21.60 would challenge the recovery and refocus attention on the $20.00 to $21.00 zone. |
PINS AI trading strategy
The PINS AI trading strategy is a rules-based framework, not personalized advice. It combines filing-backed business evidence, technical confirmation, position sizing, and clear invalidation levels, with the August 4, 2026 earnings as the immediate catalyst.
Look for PINS to hold above the 200-day moving average near $22.90 and break the $24.50 to $25.20 resistance zone with rising volume before treating momentum as confirmed. The August 4 earnings reaction will set the tone for this setup.
A failed breakout or daily close back below $22.90 should reduce confidence in the setup.
If PINS pulls back toward $21.60 to $22.00 without a thesis break, compare price stabilization with August 4 results, ARPU trends, and ad pricing commentary before treating the pullback as a buying zone.
Do not average down solely because the forward multiple looks low. Define maximum loss and review the monetization gap and short interest first.
Track August 4 Q2 2026 results, MAU growth, ARPU growth, ad impression and pricing trends, Pinterest Assistant adoption, tvScientific contribution, buyback pace, convertible-note dilution, and share count.
Lower the rating if revenue growth decelerates while ad pricing keeps falling, if restructuring fails to lift margins, or if the engagement-to-monetization gap fails to narrow.
Investment research summary
Pinterest is a visual discovery engine where users search, save, and shop for ideas. Advertisers pay to reach people who are already planning purchases, giving Pinterest a higher-intent audience than many entertainment platforms.
The moat is the combination of a large visual search index, personalized boards, logged-in user data, brand positivity, and more than 80 billion monthly searches. It is not as wide as Meta or Google, and the Google Images redesign into a Pinterest-like experience shows how easily bigger rivals can imitate the format.
The thesis can fail if ad pricing keeps declining, AI assistants absorb commercial discovery, large retailers cut ad budgets, international ARPU stays low, the sales reorganization disappoints, restructuring savings fail to reach margins, or stock-based compensation and convertible-note conversion dilute per-share gains.
CEO Bill Ready has shifted Pinterest toward AI, performance advertising, and commerce. In Q1 2026 the company launched a global restructuring plan, closed the tvScientific acquisition in February, issued $1.0 billion in 1.75% convertible notes to Elliott, and started a $3.5 billion buyback program. The August 4, 2026 results will be an early scorecard for these decisions.
Pinterest sits at the intersection of visual search, social commerce, AI-powered discovery, and connected TV advertising. The long-term trend favors intent-based shopping platforms, but the industry also faces ad-budget cyclicality, privacy changes, and direct competition from AI assistants and generative search.
At $24.01, the market values Pinterest at roughly 12.7x forward non-GAAP earnings and about 11x free cash flow, a significant discount to its history and to many peers. That discount is a margin of safety if execution improves, but it also reflects doubt that the monetization gap will close quickly in the face of AI search competition.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| PINS price | $24.01 close on July 31, 2026 | StockAnalysis quote snapshot as of August 2, 2026 | August 3, 2026 |
| Market capitalization and shares | $13.45 billion, verified as $24.01 x 560,160,000 shares (0.00% variance) | StockAnalysis statistics and financial_rigor.py market cap verification | August 3, 2026 |
| TTM financials | $4.374 billion revenue, $334.35 million net income, $1.207 billion free cash flow | StockAnalysis income statement and cash flow as of March 31, 2026 | August 3, 2026 |
| FY 2025 annual results | $4.222 billion revenue, $416.86 million net income, $1.252 billion free cash flow | StockAnalysis annual financials and Pinterest 2025 Form 10-K | August 3, 2026 |
| 2026 Q1 operating snapshot | $1.008 billion revenue, 631 million global MAUs, $206.5 million Adjusted EBITDA, $311.7 million free cash flow | Pinterest 2026 Q1 Form 10-Q (period ended March 31, 2026) | August 3, 2026 |
| 2026 Q1 ARPU | Global $1.61, U.S. and Canada $7.12, Europe $1.17, Rest of World $0.20 | Pinterest 2026 Q1 Form 10-Q (period ended March 31, 2026) | August 3, 2026 |
| Cash, convertible notes, and buyback | $1.299 billion cash and marketable securities; $1.0 billion 1.75% convertible notes due 2031; $3.5 billion March 2026 repurchase program with a $1.0 billion ASR | Pinterest 2026 Q1 Form 10-Q (period ended March 31, 2026) | August 3, 2026 |
| Moving averages and momentum | 50-day MA about $21.60, 200-day MA about $22.90, RSI about 62 | StockAnalysis statistics as of August 2, 2026 | August 3, 2026 |
| Valuation math | 48.46x TTM PE, 12.73x forward PE, 3.07x PS, 11.14x P/FCF, verified with financial_rigor.py | StockAnalysis statistics and financial_rigor.py valuation verification | August 3, 2026 |
| Analyst consensus | Buy rating from 39 analysts, average price target $27.64, range $21 to $42 | StockAnalysis forecast as of July 27, 2026 | August 3, 2026 |
| Short interest | 57.44 million shares, about 10.25% of shares outstanding | StockAnalysis statistics as of August 2, 2026 | August 3, 2026 |
| Next earnings date | Tuesday, August 4, 2026, after market close | StockAnalysis overview and Pinterest investor relations | August 3, 2026 |
This PINS AI stock analysis is an informational tool for research and education only. It is not investment advice, a recommendation, or a guarantee of future performance. Forecast ranges are scenarios based on available data as of August 3, 2026 and can be wrong. Confirm all figures and levels on a live chart before making any decision.
Design trading strategies visually with 10+ indicators. Set entry/exit conditions and risk management, then generate Pine Script code with no coding required.
Filter and discover stocks based on market cap, dividend yield, P/E ratio, sector, and more. Screen thousands of stocks with real-time data.
Smart AI-driven stock selection with fundamental screening, analyst estimates, and key metrics. Filter by P/E, market cap, dividends, and more.
