Added to YB: 2025-06-24
Pitch date: 2025-06-22
PINS [neutral]
Pinterest, Inc.
-24.28%
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
$16.9B
Pitch Price
$34.02
Price Target
49.00 (+89%)
Dividend
N/A
EV/EBITDA
42.20
P/E
8.67
EV/Sales
3.55
Sector
Interactive Media and Services
Category
value
Pinterest ($PINS) - Is the Market Wrong?
PINS (overview): Social media player trading at 16x 2026E P/E (13x 2027E), EV/FCF 14x 2026 (12x 2027). Strong FCF conversion (>90% of EBITDA) with $1.2B FCF in 2025. Bull case: $49 PT (+44%) if Pinterest hits 15% revenue growth & 30%+ EBITDA margins. Bear case: limited ability to take share from Meta/Google.
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