Pinterest surges on upbeat quarterly revenue forecast

Pinterest

04/05/2026 21:22

** Shares of image-sharing platform Pinterest PINS.N jump 18% to $24.56 in extended trading

** Co forecasts second quarter revenue above estimates on resilient advertiser spending

** PINS expects Q2 revenue in range of $1.13 billion to $1.15 billion, compared with analysts' estimates of $1.11 billion, according to data compiled by LSEG

** Co ends Q1 with 631 million global monthly active users, up from 570 million last year

** Q1 revenue rose 18% to $1.01 billion, above estimates of $966.25 million

** Median PT of 39 brokerages covering the stock is $22 - data compiled by LSEG

** As of last close, stock down about 20% YTD

 (Reporting by Anshuman Tripathy)

 ((Anshuman.Tripathy@thomsonreuters.com))