Core Insights - Pinterest's international revenue performance is crucial for assessing its financial resilience and growth prospects [1][2] - The company's total revenue for the recent quarter reached $1.05 billion, reflecting a 16.8% increase year-over-year [4] International Revenue Breakdown - The Rest of World segment generated $70 million, accounting for 6.7% of total revenue, surpassing the consensus estimate of $64.98 million by 7.73% [5] - Europe contributed $193 million, or 18.4% of total revenue, exceeding expectations by 4.6% [6] - Year-over-year comparisons show Rest of World revenue increased from $42 million (4.7%) to $70 million (6.7%), while Europe grew from $137 million (15.3%) to $193 million (18.4%) [5][6] Future Revenue Projections - Analysts project total revenue of $1.33 billion for the current fiscal quarter, indicating a 15% increase from the previous year [7] - For the full year, total revenue is expected to reach $4.23 billion, a 16.1% rise from last year, with Rest of World and Europe contributing 6.4% ($269.11 million) and 18.7% ($791.24 million) respectively [8] Market Dynamics - The reliance on international markets presents both opportunities and challenges for Pinterest, making the analysis of international revenue trends essential for future forecasts [9][10]

Core Insights - Saudi Arabia's Public Investment Fund (PIF) has liquidated nearly 12 stocks listed in the U.S. during Q3, including Pinterest and Linde, reducing its U.S. equity holdings to the lowest level in a year [1] - The fund's U.S. stock portfolio value has decreased to $19.4 billion, representing an approximate 18% quarter-over-quarter decline, marking the lowest level since 2025 [1][2] - PIF continues to hold shares in Uber and Electronic Arts but has slightly reduced its stake in Lucid Group [1][3] Exits and Position Changes - Significant exits include: - Cummins: -1,095,578 shares, value change of -$358.80 million, with a price change of +29% [2] - Linde: -436,350 shares, value change of -$204.73 million, with a price change of +1.2% [2] - Air Products: -268,165 shares, value change of -$75.64 million, with a price change of -3.3% [2] - Avery Dennison: -231,662 shares, value change of -$40.65 million, with a price change of -7.6% [2] Top Holdings - PIF's major holdings in the U.S. include: - Uber: 72,840,541 shares valued at $7.14 billion, accounting for 3.5% of the portfolio [3] - Electronic Arts: 24,807,932 shares valued at $5.00 billion, accounting for 9.9% of the portfolio [3] - Lucid Group: 177,088,867 shares valued at $4.21 billion, accounting for 22% of the portfolio [3] - Take-Two Interactive: 11,414,680 shares valued at $2.95 billion, accounting for 6.2% of the portfolio [3] Strategic Focus - The recent divestments align with PIF's strategy to focus on domestic investments to support Saudi Arabia's economic diversification plan [2][4] - PIF aims to invest $70 billion post-2025, primarily within Saudi Arabia, with $57 billion already allocated for 2024 [5] - Further details on PIF's investment strategy for 2026-2030 are expected to be released early next year [5]

Core Insights - Ark Invest, led by Cathie Wood, has made significant adjustments to its ETF holdings, notably selling approximately $50.2 million worth of Pinterest (PINS) stock, continuing a recent trend of reduction [1] - The decision to sell Pinterest shares is likely linked to the company's recent quarterly performance falling short of expectations and a weak future outlook, particularly due to comments from its CFO regarding a slowdown in North American advertising spending [1] - Ark Invest has reallocated funds by increasing its stake in cryptocurrency infrastructure company Bitmine Immersion Technologies (BMNR) through three different ETFs [1] - Additionally, Ark Invest purchased approximately $5.51 million worth of Twist Bioscience (TWST) stock and about $3 million worth of Beam Therapeutics (BEAM) stock [1]

Google takes on Pinterest with a dedicated ‘inspirational’ images tab in its mobile app https://t.co/n1TeS0H3GI ...

Core Insights - Pinterest is focusing on new verticals such as men's fashion and wellness, enhancing user engagement and actionable content in the competitive social commerce landscape [1] - The platform has embraced AI innovation to improve personalization and visual search, making it a favorite among Gen Z users [2] - Despite solid user growth and modest revenue gains, Pinterest's recent earnings report led to a significant stock drop due to missed earnings expectations and cautious guidance for the holiday quarter [3][9] Financial Performance - Pinterest's Q3 revenue increased by 17% year-over-year to $1.049 billion, slightly beating expectations, while non-GAAP EPS rose 18.8% to $0.38, falling short of analyst forecasts [9] - User growth was strong, with global monthly active users reaching 600 million, a 12% increase year-over-year, and significant growth in international markets [11] - The company reported net cash from operating activities of $321.6 million and cash reserves of $1.13 billion, positioning it well for future growth [11] Market Reaction - Following the Q3 earnings report, Pinterest's stock dropped over 20%, reflecting investor concerns over soft guidance and market uncertainty [3][6] - Analysts have mixed reactions, with some maintaining a "Hold" rating while others see potential for growth, indicating a consensus "Strong Buy" rating overall [15][18] - The average analyst price target is $38.26, suggesting a potential upside of 40% from current levels, with the highest target indicating a possible 78% rally [19] Competitive Landscape - Pinterest faces intense competition from major players like Meta, TikTok, and Google, necessitating rapid growth and consistent ad revenue [20] - The platform's AI capabilities are seen as a potential game-changer, with the CEO emphasizing a vision of predictive shopping that could enhance user experience [22] - Despite challenges, international markets are showing momentum, which could help offset weaknesses in the U.S. and Canada [21]

Core Insights - Pinterest, Inc. (PINS) has experienced a decline of 16.6% over the past six months, underperforming the industry growth of 5.5% and peers like Snap Inc. (SNAP) and Meta Platforms, Inc. (META) [1][7] Financial Performance - Total costs and expenses for Pinterest increased to $990.6 million in Q3 2025 from $904.3 million in the same quarter last year, driven by headcount growth, higher R&D, and increased marketing and administrative expenses [4] - Earnings estimates for Pinterest have decreased, with 2025 estimates down 6.7% to $1.66 and 2026 estimates down 14.2% to $1.93, indicating bearish investor sentiment [8] Competitive Landscape - Pinterest faces significant competition from larger companies such as Amazon, Facebook, Google, Snap, and Twitter, as well as smaller firms like Allrecipes, Houzz, and Tastemade [5] Valuation Metrics - Pinterest's shares currently trade at a price/sales ratio of 3.92, which is lower than the industry average of 5.04 and below its historical mean of 5.51, suggesting it may be undervalued [10] Growth Initiatives - Pinterest is focusing on enhancing user engagement through actionable content and has seen improvements in engagement metrics across various regions [13] - The company is leveraging AI to improve relevancy and personalization, which is expected to yield long-term benefits [14] - Pinterest's acquisition of The Yes aims to enhance its shopping experience and align with user preferences [15] Market Opportunities - Pinterest is exploring monetization opportunities in unmonetized international markets through third-party ad integration with Google [16]

Core Insights - Pinterest Inc. is experiencing a significant decline in its Momentum score, dropping from 60.45 to 17.82 within a week, indicating a loss of investor confidence [4] - The company's third-quarter earnings report revealed revenues of $1.05 billion, a 17% year-over-year increase, but fell short of analyst expectations for both revenue and earnings per share [4] - Analysts have reduced their price targets for Pinterest, with Wedbush Securities lowering their forecast from $44 to $34 due to challenges in the advertising sector [5] Financial Performance - Pinterest reported third-quarter revenue of $1.05 billion, which represents a 17% increase year-over-year [4] - Earnings per share were 38 cents, below the expected 42 cents, contributing to the decline in Momentum score [4] - The stock has declined 11.67% year-to-date and 18.39% in the current month following the earnings report [5] Analyst Sentiment - Several analysts have cut their price targets for Pinterest, reflecting concerns over its advertising business [5] - The stock's performance has been negatively impacted by unfavorable price trends across short, medium, and long-term time frames [6]

Core Insights - Pinterest's stock experienced a significant decline of 20% following an earnings report that surprised the market, indicating volatility in investor sentiment [1] - Despite the drop, analysts maintain a positive outlook on Pinterest's long-term growth potential, suggesting that the current situation may represent a misunderstood investment opportunity [1] - The company has reported record-high user engagement, which is a critical factor for future growth and profitability [1] Financial Performance - The earnings report that led to the stock decline was unexpected, highlighting potential discrepancies between market expectations and actual performance [1] - Analysts are forecasting bullish growth for Pinterest, indicating confidence in the company's ability to rebound and capitalize on user engagement trends [1] Market Sentiment - The drastic stock price movement reflects a broader market reaction, but analysts believe that the fundamentals of Pinterest remain strong [1] - The situation is characterized as a potential buying opportunity for investors who can look beyond short-term fluctuations [1]

Company Performance - Pinterest, Inc. (PINS) reported solid results in the third quarter, with revenue beating expectations, although the growth was described as soft and guidance was disappointing [1] - The company is facing pressure on its stock due to decelerating growth and weak margin gains, despite having a reasonably attractive valuation [1] Investment Insights - Narweena, an asset manager, focuses on identifying market dislocations resulting from a poor understanding of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities in markets with barriers to entry [1] - The research process emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon targeting deeply undervalued stocks [1] - The aging population, low population growth, and stagnating productivity growth are expected to create a different set of investment opportunities compared to the past, with some industries facing stagnation or secular decline, potentially improving business performance due to decreased competition [1] - Conversely, other businesses may encounter rising costs and diseconomies of scale, while economies are increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments [1] - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premia over time [1]

Core Viewpoint - Pinterest's stock has faced significant declines following a disappointing earnings report, primarily due to lower-than-expected revenue guidance for the crucial holiday quarter [1][4]. Financial Performance - Pinterest reported third-quarter revenue of $1.05 billion, reflecting a 17% year-over-year increase, driven by a 12% rise in monthly active users, reaching 600 million [2]. - The company achieved a GAAP net income of $92 million and adjusted EBITDA of $306 million, with free cash flow amounting to $318 million, indicating improved profitability in a challenging digital advertising landscape [3]. Guidance and Market Reaction - For the fourth quarter, management provided revenue guidance of $1.313 billion to $1.338 billion, suggesting a growth rate of 14% to 16%, which fell short of market expectations [4]. - The market's reaction to the earnings report highlights concerns over Pinterest's ability to compete with larger social media and technology companies, which demand rapid growth from the company [7]. Competitive Landscape - The competitive environment is intensifying, with major online marketplaces posing a direct threat to Pinterest's business model, particularly in the online product discovery space [10]. - The CFO noted a decline in advertising spending in the U.S. and Canada, attributed to larger retailers facing margin pressures, although there was some growth in international markets [9]. Future Outlook - The company is exploring advancements in artificial intelligence to enhance user experience and maintain competitiveness, which could potentially shift market perceptions if successful [12]. - Despite a forward price-to-earnings multiple of 15, the stock is viewed as not cheap enough given the uncertainties surrounding its competitive position [14].