Pinterest Raises Q1 Revenue Outlook to $958–$978M After tvScientific Deal
Pinterest raised Q1 revenue guidance to $958–$978 million, topping the $964.9 million consensus midpoint, while lowering EBITDA forecast to $163–$183 million due to acquisition costs from its December 2025 tvScientific purchase. Tariff-driven ad pullbacks triggered a 21% share decline, and Artisan Partners cut its stake by 5.2%.
1. Q1 Guidance Revision
Pinterest updated its first-quarter revenue outlook to $958–$978 million, above its prior $951–$971 million range and exceeding the $964.9 million analyst consensus midpoint. The company trimmed its EBITDA projection to $163–$183 million from $166–$186 million, attributing the reduced margin to acquisition-related expenses.
2. Impact of tvScientific Deal
Following its December 2025 purchase of tvScientific, Pinterest aims to enhance connected-TV offerings within its Performance+ AI optimization portfolio. Management expects synergies from the deal to drive ad targeting improvements across streaming platforms.
3. Share Performance and Institutional Selling
Concerns over tariff-driven ad pullbacks and intensifying AI competition contributed to a 21% drop in Pinterest’s share price, erasing $2 billion in market value from its $12.52 billion capitalization. During the latest quarter, Artisan Partners lowered its position by 5.2%, selling 76,734 shares to hold 1,400,895 shares.