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PINS.NYSE
Pinterest
Communication Services · Interactive Media & Services

Visual discovery platform helping people find inspiration and ideas for lifestyle projects through image-based social media.

HQ: United StatesListed: United States

Historical AI Forecasts

Audit every published iPulse AI forecast batch and immutable historical research document for Pinterest.

Historical AI ConsensusHistorical AI Forecasts

Pinterest, Inc. (PINS.NYSE) AI FORECASTS & ADVISOR ANALYSIS

Read and compare the 12 individual AI Advisor deep-dive reports, including their forecast paths, ratings, price targets, and reasoning.

Updated on 5 July 2026Deep analysis 5 July 2026

PublisherRusslan Ramdowar
25 min readAudit All Past Forecasts
Ray Dalio AI advisor icon

Ray Dalio AI

The Strategist FrameworkAI Researcher

Model rating

Buy

5-Year Return Est.

+204.0%

PINS.NYSE does not currently pay dividends

1. Investment Thesis — Base Case

The Base Case projects a structural re-rating of Pinterest from a cyclical ad-tech platform to a highly profitable visual commerce . The market is currently pricing trough-cycle retail ad spending as a , ignoring the massive generation and Elliott Investment Management's ruthless capitalization restructuring. If one looks past the immediate tariff-shock noise, what is the through-cycle reality? With over 631M MAUs, Pinterest is capturing high-intent bottom-of-the-funnel data that advertisers desperately need in a privacy-constrained digital environment. At the current , the equity is a deep-value opportunity masquerading as a broken growth stock. As kicks in and the shrinks, the implied is highly realistic, setting up a multi-year compounding trajectory.

  • Elliott's $3.5B buyback establishes a hard floor, shrinking the denominator and forcing expansion.
  • The $4B AWS partnership secures custom Graviton/Trainium compute without crippling .
  • High-intent visual discovery provides in direct-response advertising.
  • Expansion of the Amazon Ad partnership into SMBs mitigates among large retailers.
  • The zero-net-debt eliminates in a higher-for-longer regime.

Historical prices and published forecast

Historical prices and published forecastObserved prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.8.9628.3547.7367.1286.51Jul 2021Dec 2023Jul 2026Dec 2028Jul 2031Forecast starts
  • Observed price
  • Published advisor forecast
Observed prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.
View chart values
Historical prices and published forecast — published chart values
SeriesDateValue (USD)
Observed price2021-07-0179.9
Observed price2021-07-0580.0
Observed price2021-07-1769.6
Observed price2021-07-2576.6
Observed price2021-08-1456.1
Observed price2021-08-1854.1
Observed price2021-08-2657.2
Observed price2021-09-1154.5
Observed price2021-10-0152.6
Observed price2021-10-0550.0
Observed price2021-10-2161.4
Observed price2021-11-0244.4
Observed price2021-11-1447.3
Observed price2021-11-2243.1
Observed price2021-12-1236.4
Observed price2021-12-2437.3
Observed price2022-01-0532.8
Observed price2022-01-1333.0
Observed price2022-01-2927.7
Observed price2022-02-0227.3
Observed price2022-02-1823.9
Observed price2022-02-2626.5
Observed price2022-03-1422.4
Observed price2022-04-0326.5
Observed price2022-04-1123.3
Observed price2022-04-1922.7
Observed price2022-04-2718.67
Observed price2022-05-2122.8
Observed price2022-05-2518.90
Observed price2022-06-0220.0
Observed price2022-06-1417.19
Observed price2022-06-2621.0
Observed price2022-06-3018.16
Observed price2022-07-2418.08
Observed price2022-08-0522.6
Observed price2022-08-2121.4
Observed price2022-08-2524.0
Observed price2022-09-0622.1
Observed price2022-09-1025.6
Observed price2022-10-0825.0
Observed price2022-10-1622.1
Observed price2022-10-2824.9
Observed price2022-11-0921.3
Observed price2022-11-2525.0
Observed price2022-12-0722.7
Observed price2022-12-1525.2
Observed price2022-12-2723.4
Observed price2023-01-0423.8
Observed price2023-01-1626.6
Observed price2023-02-0527.8
Observed price2023-02-1724.4
Observed price2023-03-0526.6
Observed price2023-03-1323.7
Observed price2023-03-1726.4
Observed price2023-04-0628.3
Observed price2023-04-1428.6
Observed price2023-04-3022.4
Observed price2023-05-0420.8
Observed price2023-05-2424.3
Observed price2023-06-0123.6
Observed price2023-06-1725.3
Observed price2023-06-2124.9
Observed price2023-07-1128.6
Observed price2023-07-1929.8
Observed price2023-08-0426.7
Observed price2023-08-1225.9
Observed price2023-08-2027.2
Observed price2023-09-0528.8
Observed price2023-09-1725.5
Observed price2023-10-0325.9
Observed price2023-10-1128.5
Observed price2023-10-2724.4
Observed price2023-11-0831.4
Observed price2023-11-1631.3
Observed price2023-12-0234.7
Observed price2023-12-0633.5
Observed price2023-12-1837.7
Observed price2024-01-0335.9
Observed price2024-01-1137.7
Observed price2024-02-0840.7
Observed price2024-02-1235.5
Observed price2024-02-2035.1
Observed price2024-03-0336.4
Observed price2024-03-1933.9
Observed price2024-03-3135.2
Observed price2024-04-0434.7
Observed price2024-04-2032.5
Observed price2024-04-2833.8
Observed price2024-05-1842.7
Observed price2024-06-0341.2
Observed price2024-06-0744.1
Observed price2024-06-2744.1
Observed price2024-07-0143.1
Observed price2024-07-0943.3
Observed price2024-07-2937.4
Observed price2024-08-0628.9
Observed price2024-08-2232.0
Observed price2024-08-3032.0
Observed price2024-09-1528.9
Observed price2024-09-2330.5
Observed price2024-10-0933.8
Observed price2024-10-1334.0
Observed price2024-11-0232.1
Observed price2024-11-0633.8
Observed price2024-11-1829.0
Observed price2024-12-0832.8
Observed price2024-12-2029.5
Observed price2024-12-2829.4
Observed price2025-01-0531.9
Observed price2025-01-1730.5
Observed price2025-02-0633.6
Observed price2025-02-1039.6
Observed price2025-03-0236.0
Observed price2025-03-0634.5
Observed price2025-03-1831.3
Observed price2025-03-3031.2
Observed price2025-04-1924.7
Observed price2025-05-0125.5
Observed price2025-05-1332.9
Observed price2025-05-2931.1
Observed price2025-06-0634.2
Observed price2025-06-2234.1
Observed price2025-06-3035.9
Observed price2025-07-1235.6
Observed price2025-07-2037.7
Observed price2025-08-0538.9
Observed price2025-08-0934.8
Observed price2025-08-2134.9
Observed price2025-09-0637.9
Observed price2025-09-1836.3
Observed price2025-10-0432.0
Observed price2025-10-1231.6
Observed price2025-10-2434.0
Observed price2025-11-0133.3
Observed price2025-11-2125.0
Observed price2025-11-2525.5
Observed price2025-12-0327.4
Observed price2025-12-3125.9
Observed price2026-01-0826.8
Observed price2026-01-1226.8
Observed price2026-02-0122.0
Observed price2026-02-0920.1
Observed price2026-02-1315.42
Observed price2026-03-0117.36
Observed price2026-03-0519.75
Observed price2026-04-1017.62
Observed price2026-04-1418.70
Observed price2026-04-3019.66
Observed price2026-05-0821.3
Observed price2026-05-2018.81
Observed price2026-06-0121.4
Observed price2026-06-0921.9
Observed price2026-06-2519.48
Observed price2026-06-2921.9
Observed price2026-07-1523.7
Observed price2026-07-2321.9
Observed price2026-08-0425.6
Observed price2026-08-2423.5
Observed price2026-09-0520.3
Observed price2026-09-0918.28
Observed price2026-09-1419.69
Observed price2026-09-1818.60
Published advisor forecast2026-07-0222.1
Published advisor forecast2026-10-0224.7
Published advisor forecast2027-01-0227.2
Published advisor forecast2027-04-0228.8
Published advisor forecast2027-07-0231.1
Published advisor forecast2027-10-0229.6
Published advisor forecast2028-01-0233.1
Published advisor forecast2028-04-0234.8
Published advisor forecast2028-07-0237.6
Published advisor forecast2028-10-0236.1
Published advisor forecast2029-01-0239.7
Published advisor forecast2029-04-0242.0
Published advisor forecast2029-07-0245.4
Published advisor forecast2029-10-0247.2
Published advisor forecast2030-01-0251.9
Published advisor forecast2030-04-0254.5
Published advisor forecast2030-07-0257.8
Published advisor forecast2030-10-0254.3
Published advisor forecast2031-01-0260.9
Published advisor forecast2031-04-0263.3
Published advisor forecast2031-07-0267.1

2. Scenarios & Signals

Bull case

What happens if abate and strategic partnerships hit terminal velocity? The Bull Case assumes the Base Case plays out, amplified by a flawless execution of the Amazon Ad integration and robust international . fundamentally shifts the platform's economics.

  • The Amazon partnership drives unprecedented ad fill rates and closes the conversion loop.
  • tools lower advertiser friction, scaling SMB ad adoption instantly.
  • A mega-cap acquirer recognizes the irreplicable nature of the 631M MAU intent graph.
  • Denominator effects from aggressive buybacks yield historical breakouts.

Bear case

What if the structural headwinds overwhelm the ? The Bear Case envisions a scenario where persistent crushes , and search disintermediates Pinterest's core utility, rendering it a .

  • War-driven inflation permanently impairs retail advertiser margins.
  • Users bypass Pinterest entirely for LLM chatbots (like Gemini) for visual shopping recommendations.
  • Heavy stock-based compensation persists, diluting the impact of the Elliott buybacks.
  • Active user growth stalls, compressing the .

Current crowd narrative

The crowd views Pinterest as a chronic underperformer that generates huge user engagement but consistently fails to monetize it effectively. Following the Q1 2026 crash caused by tariff-driven retail ad budget pullbacks, the prevailing media narrative cemented its reputation as a fragile, cyclical platform. The market currently treats the Elliott Management investment and massive buybacks as a short-term buoy rather than a structural turnaround, anchoring on its historical inability to compete with Meta and Alphabet for digital ad dollars.

Alpha-gap assessment

Why does the crowd price Pinterest as a chronic social media underperformer rather than a high-intent commerce engine? The market remains fixated on the tariff-driven ad miss, viewing the platform as hopelessly tethered to fragile retail budgets. But does this account for the structural transformation underway? At a $14B generating $1.2B in , the market is offering an 8.6% . By aggressively retiring 16% of its at cyclical lows and locking in a $4B AWS AI partnership, the denominator is shrinking while the expands. The lies in mistaking a cyclical retail headwind for a structural platform defect.

Convergence catalyst

What forces the repricing? The convergence catalyst will be the Q2 and Q3 2026 earnings prints, which must demonstrate that the Amazon Ad partnership and third-party integrations are successfully scaling mid-market and SMB ad fill rates. When revenue insulates against large-retailer shocks, the multiple will rapidly re-rate.

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