Wall Street Zen upgraded Pinterest Inc. to "Buy" from "Hold" on August 9, 2026. This upgrade follows Pinterest's strong second-quarter financial results, released on August 4. The report highlighted better-than-expected earnings and revenue. Advancements in AI-powered advertising and record user growth drove these results.
Pinterest reported Q2 adjusted earnings per share of $0.43. This surpassed analyst expectations of $0.36. Revenue reached $1.18 billion, exceeding the $1.15 billion forecast. Revenue increased 18.2% year-over-year. The company achieved its 11th consecutive quarter of double-digit growth in monthly active users. Monthly active users reached an all-time high of 640 million. The earnings report and new "Buy" rating signal growing confidence in Pinterest's monetization strategy and AI-driven initiatives.