Pinterest (PINS) shares fell 7% after third-quarter revenue of $1.17 billion missed estimates and fourth-quarter guidance of $1.425 billion to $1.475 billion came in below expectations. Europe's revenue was flat at $193 million as changes to the de minimis exemption for low-value imports hit cross-border sellers, which CEO Bill Ready said cut about 3 points from growth, while U.S. and Canada revenue rose 14% to $894 million. The article compares this with Meta, whose average price per ad rose 14%, while Pinterest's ad impressions rose 17% but its ad prices fell 4%. Before the drop, the stock traded at 8.8x forward earnings, and the author argues that 2026 revenue estimates look too high.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 10/30/2026 | 614.99 |
| Change that session | -1.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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