Pinterest, Inc.

NYSE:PINS Stock Report

Market Cap: US$20.1b

Pinterest Valuation

Is PINS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PINS ($29.23) is trading below our estimate of fair value ($59.62)

Significantly Below Fair Value: PINS is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PINS?

Key metric: As PINS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PINS. This is calculated by dividing PINS's market cap by their current earnings.
What is PINS's PE Ratio?
PE Ratio91.5x
EarningsUS$215.81m
Market CapUS$20.07b

Price to Earnings Ratio vs Peers

How does PINS's PE Ratio compare to its peers?

The above table shows the PE ratio for PINS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.5x
BIDU Baidu
11.3x7.2%US$30.2b
MTCH Match Group
12.3x10.0%US$7.6b
BZ Kanzhun
29.9x21.0%US$5.9b
NBIS Nebius Group
20.5xn/aUS$4.2b
PINS Pinterest
91.5x34.4%US$20.1b

Price-To-Earnings vs Peers: PINS is expensive based on its Price-To-Earnings Ratio (91.5x) compared to the peer average (18.5x).

Price to Earnings Ratio vs Industry

How does PINS's PE Ratio compare vs other companies in the US Interactive Media and Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CHR Cheer Holding
0.8xn/aUS$26.95m
MI NFT
2.6xn/aUS$13.18m
No more companies available in this PE range
PINS 91.5xIndustry Avg. 23.4xNo. of Companies5PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PINS is expensive based on its Price-To-Earnings Ratio (91.5x) compared to the US Interactive Media and Services industry average (23.4x).

Price to Earnings Ratio vs Fair Ratio

What is PINS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PINS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio91.5x
Fair PE Ratio32.4x

Price-To-Earnings vs Fair Ratio: PINS is expensive based on its Price-To-Earnings Ratio (91.5x) compared to the estimated Fair Price-To-Earnings Ratio (32.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PINS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$29.23
US$40.07
+37.1%
11.5%US$51.00US$31.00n/a34
Nov ’25US$32.02
US$42.72
+33.4%
11.0%US$52.00US$32.00n/a35
Oct ’25US$32.76
US$42.69
+30.3%
10.9%US$52.00US$32.00n/a35
Sep ’25US$32.04
US$42.96
+34.1%
11.3%US$52.00US$32.00n/a32
Aug ’25US$31.24
US$43.36
+38.8%
11.6%US$52.00US$32.00n/a32
Jul ’25US$43.08
US$45.90
+6.5%
10.9%US$52.00US$34.00n/a32
Jun ’25US$41.49
US$45.75
+10.3%
10.6%US$52.00US$34.00n/a33
May ’25US$40.48
US$45.08
+11.4%
10.9%US$52.00US$30.00n/a34
Apr ’25US$35.32
US$43.14
+22.1%
10.9%US$50.00US$30.00n/a34
Mar ’25US$36.40
US$43.09
+18.4%
11.1%US$50.00US$30.00n/a33
Feb ’25US$37.58
US$39.94
+6.3%
15.5%US$50.00US$25.00n/a34
Jan ’25US$37.04
US$37.83
+2.1%
15.7%US$48.00US$25.00n/a33
Dec ’24US$34.79
US$35.85
+3.1%
14.1%US$48.00US$25.00n/a32
Nov ’24US$29.92
US$34.93
+16.7%
12.9%US$45.00US$25.00US$32.0231
Oct ’24US$27.03
US$32.89
+21.7%
13.5%US$45.00US$24.00US$32.7629
Sep ’24US$27.65
US$32.23
+16.6%
14.1%US$45.00US$24.00US$32.0429
Aug ’24US$28.96
US$30.59
+5.6%
16.7%US$41.00US$19.00US$31.2427
Jul ’24US$27.34
US$28.79
+5.3%
16.0%US$39.00US$19.00US$43.0829
Jun ’24US$23.61
US$28.61
+21.2%
16.0%US$39.00US$19.00US$41.4928
May ’24US$22.06
US$28.86
+30.8%
15.3%US$39.00US$21.00US$40.4828
Apr ’24US$27.27
US$29.52
+8.3%
14.6%US$39.00US$22.00US$35.3227
Mar ’24US$24.97
US$29.04
+16.3%
14.3%US$39.00US$22.00US$36.4028
Feb ’24US$26.70
US$28.52
+6.8%
18.3%US$43.00US$19.00US$37.5829
Jan ’24US$24.28
US$28.24
+16.3%
19.2%US$43.00US$18.00US$37.0429
Dec ’23US$25.58
US$27.45
+7.3%
19.3%US$43.00US$18.00US$34.7929
Nov ’23US$24.20
US$27.22
+12.5%
19.5%US$43.00US$18.00US$29.9229

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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