Pinterest Inc. Class A Common Stock (PINS)

FairStock Score: 45/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business and the price. Pinterest operates a visual search and discovery platform, mostly monetized through advertising. At the close on 2026-10-13, the shares traded at $22.37, for a $12.6B market cap. FairStock calculations show a P/E of 65.79, P/B of 4.37, EV/EBITDA of 41.84, and a Graham Number of $6.26. That leaves a margin of safety of -257.35%, so the price is far above Graham-style value. Revenue has grown: in FY2023, the year ended 2023-12-31, revenue was $3.1B; in FY2024, the year ended 2024-12-31, revenue was $3.6B; and in FY2025, the year ended 2025-12-31, revenue was $4.2B, with FairStock showing 18.17% revenue growth. But profits are erratic: in FY2024, the year ended 2024-12-31, net income was $1.9B; in FY2025, the year ended 2025-12-31, net income was $416.9M; then in fiscal Q1 2026, the quarter ended 2026-03-31, net loss was $73.6M; and in fiscal Q2 2026, the quarter ended 2026-06-30, net loss was $46.7M, with a -3.96% margin in the latest quarter. The Lynch category is TURNAROUND because it returned to profit after a loss within the last three years, but recent losses show the turnaround is unfinished. Financial health offers support: TTM free cash flow is $1.3B, FCF yield is 10.2%, debt-to-equity is 0.41, Altman Z-Score is 4.70, and Piotroski F-Score is 7/9. Still, ROE of 6.46% and ROCE of 3.51% are modest, and profit growth of -220.42% is poor. The business description shows an ad-supported visual discovery platform, but the figures do not prove a durable moat. At this price, the market assumes a strong earnings recovery. I would want evidence of sustainable profit before calling it a bargain.

In plain English: Pinterest runs a visual search and idea-sharing site where people save ideas and businesses pay to show ads. Revenue is growing and the company produces a lot of cash, but it lost money in the first two quarters of 2026 after earning profits in earlier years. At the recent price, the shares look expensive compared with those profits, so the company needs to show that it can grow and earn money at the same time.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer