Pinterest: Rebound Opportunity As User Momentum Regains Steam

  • Pinterest stands out with renewed U.S. user growth, international monetization progress, and differentiated, interest-driven content versus social media peers. Q1 results showed accelerating revenue and user growth, especially internationally, with strong ARPU gains and expanding adjusted EBITDA margins. Pinterest trades at attractive valuation multiples versus peers, with a solid balance sheet and ongoing margin expansion, supporting my reiterated buy rating.