New Street Research - Pinterest Inc. Class A (PINS) Pinterest (PINS, Buy, $40 target) Reiterate Top SMID Pick after a no-nonsense quarter

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New Street Research

Dan Salmon

EUR 8906.00 For Business Accounts Only

Pinterest (PINS, Buy, $40 target) Reiterate Top SMID Pick after a no-nonsense quarter

In this first take following tonight’s results, we touch on:
1. Small China impact, but not enough to blunt strong 2Q25 guidance
2. Ad tech adoption remains strong, led by Performance+
3. MGNI added as latest 3P partner, North Beam, Triple Whale added for measurement

09/05/2025 1 EN

Underlying

Pinterest Inc. Class A

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US72352L1061 New York Stock Exchange United States

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Analysts

Dan Salmon

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Pinterest (PINS, Buy, $40 target) Reiterate Top SMID Pick after a no-nonsense quarter

Wedbush Morning Call - May 09 2025 7:04AM

Creating Sustainable User Growth and Monetization; Outperform, $40 PT

SATS quick thoughts following the 1Q25 call

SATS 1Q25 Quick Take: Wireless making progress (but not enough)

Cellnex (Reduce, €28.5, -15%) Q1 25: Revenue volatility raises new questions

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