What smart money is saying about Pinterest Inc
6 funds in our archive have pitched Pinterest Inc — most recently Artisan U.S. Mid-Cap Value Strategy in December 2025.
Pinterest, Inc. operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others; and provides video, product, and idea pins. It shows visual machine learning recommendations based on pinners taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
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Position history
Between Q4 2024 and Q1 2026, 3 fund letters reported a position in Pinterest Inc — 1 opened or added to the position, 2 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q1 2026 | 2 | 0 | 2 | 0 |
| Q4 2025 | 1 | 1 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
| Q1 2025 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 3 |
Fund activity · 3 positions · 3 moves
- March 2026
“Pinterest Inc. is an image-based social media platform. We exited our position following slower-than-expected fourth-quarter results and cautious guidance, attributed to advertising pullbacks by retailers impacted by tariffs.”
Pinterest Inc - March 2026
“Pinterest: PINS was a significant detractor for the quarter, declining 40% before we exited the position. Pinterest’s Q4 2025 earnings report, released in February, was disappointing: revenue of $1.32 billion grew 14.3% year-over-year but missed the $1.33 billion consensus, adjusted EPS of $0.67 fell short of expectations, and Q1 2026 revenue guidance of $951–$971 million came in well below the $980 million the Street had anticipated. CEO Bill Ready attributed the shortfall to an “exogenous shock” from tariffs that caused the company’s largest retail advertiser cohort, particularly in home furnishings and décor, to meaningfully pull back on brand advertising budgets. The company also announced approximately 15% workforce reductions and 8 organizational restructuring, further unsettling investors. Multiple analysts downgraded the stock following the report. Given the severity and uncertainty of the near-term headwinds and the seeming lack of uptake on the company’s multiple growth initiatives, we exited our position in Pinterest during the quarter.”
Pinterest Inc - AddedClipper FundDecember 2025
“Our technology holdings were big contributors to our 2025 results. Based on the strong market gains, we trimmed certain holdings like Meta and Applied Materials. We consider these companies very attractive but must stick to our valuation discipline since, as prices run ahead, the margin of safety shrinks. We used the proceeds from sales to add to our positions in certain overlooked technology names like Pinterest.”
Pinterest Inc
Fund coverage · 6 theses
- Artisan U.S. Mid-Cap Value StrategyDecember 2025
Pinterest Inc is a social media platform with improving execution under new management, growing engagement, and ad tailwinds despite tariff and AI-related headwinds.
Read the full thesis - Lakehouse Global Growth FundJune 2025
Pinterest is a unique visual discovery platform with strong commercial intent and significant growth potential in advertising, bolstered by recent CEO leadership and innovative tools that enhance monetization strategies.
Read the full thesis - MillerMarch 2025
Pinterest is scaling shopping-focused ads and international monetization with big tech partnerships—offering profitable growth at a 35% discount to peers.
Read the full thesis - Miller ValueDecember 2024
Pinterest is a differentiated social media platform with significant growth potential, focusing on enhancing shopability and lower-funnel ads, resulting in increasing user engagement and promising early results in its capital allocation strategy.
Read the full thesis - Bristlemoon CapitalDecember 2024
Pinterest is facing decelerating revenue growth despite its initiatives to enhance lower-funnel ad products, leading to decreased confidence in its investment thesis.
Read the full thesis - AMG Renaissance Large Cap Growth FundDecember 2024
Pinterest (PINS) is a transformed shopping platform that leverages AI for enhanced user personalization and advertising, aiming for improved monetization and growth in new markets.
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