Pinterest falls on weaker-than-expected revenue forecast

Shares of image-sharing platform Pinterest PINS.N slump 18.8% to $15.06 in premarket trading

Co forecast Q1 revenue below Wall Street expectations on Thursday, citing sharper ad‑spending cuts by tariff‑hit retailers and growing competition from bigger rivals

Morningstar says while PINS is investing in AI, especially in automated ad tools, it is unlikely to close its monetization gap with bigger rivals

Expects Q1 revenue in the range of $951 million to $971 million, below the analysts' average estimate of $980.1 million

28 of 40 brokerages rate the stock "buy" or higher, 11 "hold" and 1 "sell"; their median PT is $34 - data compiled by LSEG

As of last close, stock down 28.44% YTD