One of the Best Values in the Market, Pinterest Stock Is a Buy on Its Latest Dip as Revenue Continues to Climb

The visual search platform continues to see strong revenue and solid underlying user metrics.

The company has a great AI flywheel business, without the same capital expenditures as Meta.

For a company as predictable as Pinterest (NYSE: PINS) , the stock continues to see significant volatility around earnings. Meanwhile, the latest dip in the stock has left the social media company as one of the best values in the market today. The stock is now down about 10% in 2026 and 40% over the past year, as of this writing.

Let's dive into the company's earnings and prospects to see why I think this is a great buying opportunity.

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Pinterest has followed a very predictable earnings pattern, yet the stock still gets big reactions in both directions. The company generally reports solid revenue that comes in ahead of expectations, then issues conservative guidance. Despite that, the stock has made 10% or more moves in either direction eight of the past 10 quarters.

Both the first and second quarters of this year have been good examples of this. Following its Q4 earnings report in February, Pinterest saw its stock get crushed when it forecast its revenue growth would decelerate to between 11% and 14%. However, Q1 revenue growth accelerated to its fastest pace since Q4 2024, at 18%. Meanwhile, for Q2, it forecast revenue would increase by 14% to 16%, but it once again topped expectations with growth of 18%.

Despite the company's history of conservative guidance, investors were disappointed when Pinterest projected its Q3 revenue would rise between 13% and 15% year over year, to a range of $1.19 billion to $1.21 billion. That was right in line with analyst estimates, and if recent history is any indication, the company should comfortably top its forecast. The company also noted that its guidance takes into account the impact of shifting Amazon Prime Day from Q3 to Q2 last year and World Cup-related spending.