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Pinterest spikes after delivering impressive Q1 results, with fastest sales growth since Q2 2024

Pinterests nascent comeback gained traction on Monday as the company reported better-than-expected Q1 results.

After sinking double digits following each of its past three earnings reports, the social media company looks poised to snap that inauspicious streak, with shares jumping 20% in postmarket trading.

Here are the Q1 numbers: 

  • Revenue of $1.01 billion (versus a consensus estimate of $965.7 million and guidance for $958 million to $978 million).

  • Adjusted EBITDA of $206.5 million (estimate: $176.7 million, guidance for $163 million to $183 million).

  • Monthly active users of 631 million (estimate: 630.5 million).

Guidance for Q2 was modestly ahead of estimates:

  • Revenue in a range of $1.13 billion to $1.15 billion (estimate: $1.12 billion).

  • Adjusted EBITDA in a range of $256 million to $276 million (estimate: $264.8 million).

The stock had lost 40% of its value over the past six months as investors scrutinized the headwinds from tariffs and chatbots — worries that are seemingly being assuaged by these results.

Considering the vibe curation companys recent track record, the bar had been slightly lowered for Q1: in its guidance for the first quarter of the year, the company said it expected Pinterest to grow between 11% and 14% year over year, already a few ticks downward from the 16% growth the company saw in 2025. 

In the first part of the year, Pinterest actually enjoyed revenue growth of nearly 18%, its strongest pace since Q2 2024.

“As we continue building an AI-powered ads platform that delivers performance for advertisers, we remain focused on ensuring monetization more fully reflects the strength of our engagement,” said CEO Bill Ready.

The company’s attempted open-source AI pivot may be starting to show signs of paying off for investors. 

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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