Pinterest stock slipped 1.05 percent on October 2 as earnings beat estimates
Published on 10/04/2026 at 18:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPinterest, Inc. (ISIN US72352L1061) was last at USD 19.25 on the NYSE on October 2, 2026, down 1.05 percent from the prior close of USD 19.46. The move puts the visual discovery platform 45.64 percent below its 52-week high of USD 35.42, while the latest earnings figures offer a stronger operating counterpoint.
Quarterly earnings beat estimates
For Q2 2026, Pinterest reported EPS of USD 0.43, exceeding the USD 0.36 consensus estimate by USD 0.07, according to MarketBeat in its September 12, 2026 report. Revenue reached USD 1.18 billion, compared with USD 1.15 billion expected, and increased 18.2 percent from the same quarter a year earlier.
The operating scale was also substantial in the quarter ended June 30, 2026. Pinterest recorded 640 million global monthly active users, including 377 million in the rest of the world, 157 million in Europe and 106 million in the United States and Canada.
Analysts see upside above USD 27
MarketBeat says 37 research firms assign Pinterest a consensus rating of Hold, with 19 Hold ratings and 18 Buy ratings. The average 12-month price target is USD 27.90, placing the target 44.9 percent above the October 2 price of USD 19.25, according to MarketBeat.
The split between Hold and Buy ratings matters because the earnings beat has not produced a uniformly bullish consensus. Pinterest is still being valued against expectations for continued advertising growth, while the share price remains closer to its 52-week low of USD 13.84 than its high of USD 35.42.
Stock remains below USD 20
Pinterest stock had a trading range of USD 19.12 to USD 19.60 on October 2, 2026, with volume of 8,239,805 shares. Its market capitalization was USD 12.2 billion on that date, giving the quarterly revenue and user figures a clear valuation context.
For investors, the central contrast is measurable: Q2 revenue grew 18.2 percent year over year and EPS beat consensus by USD 0.07, yet the stock was last at USD 19.25 after a 1.05 percent daily decline. The next catalyst is the market's assessment of whether that operating growth can narrow the gap to the USD 27.90 consensus target.
Pinterest stock key facts
- Company: Pinterest, Inc.
- ISIN: US72352L1061
- Ticker: PINS
- Trading venue: NYSE
- Price (as of October 2, 2026, 3:59 p.m. ET): USD 19.25
- Market capitalization: USD 12.2 billion (as of October 2, 2026)
- 52-week range: USD 13.84-35.42 (as of October 2, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
