{
  "id": 17244171,
  "title": "Cantor cuts Pinterest stock price target on ad spending weakness",
  "url": "https://urgent.news/2026/10/30/cantor-cuts-pinterest-stock-price-target-on-ad-spending-weakness",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T15:12:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/cantor-cuts-pinterest-stock-price-target-on-ad-spending-weakness-93CH-4988213"
  },
  "original_language": "en",
  "account": "Cantor Fitzgerald revised its price target for Pinterest Inc (NYSE:PINS) to $23 from $30, keeping an Overweight rating. The stock is currently priced at $18.40, down roughly 11% over the past week. Despite this, analysts believe the shares are underpriced based on current valuation metrics. The downgrade comes after Pinterest missed third-quarter revenue estimates by 3% due to a drop in ad spending, particularly from cross-border advertisers. The company also lowered its fourth-quarter revenue guidance to 8-12% from an estimated 15%, reflecting continued pressure on ad revenue. While Pinterest has seen an increase in monthly active users by 21 million quarter-over-quarter, engagement remains robust. The firm highlights a strong balance sheet with more cash than debt, providing operational flexibility. Pinterest's efforts to reorganize its go-to-market strategy in Europe could help stabilize revenue in future quarters. Analysts have lowered their revenue and EBITDA estimates by 6% and 8%, respectively, with the stock now trading at 7 times free cash flow.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}