Macroeconomic Headwinds Weighed on Pinterest (pins) in Q1

In its first-quarter 2026 investor letter, Artisan Mid Cap Value Fund highlighted Pinterest, Inc. (NYSE:PINS). Pinterest, Inc. (NYSE:PINS) is a social media and visual discovery platform that enables users to find ideas, such as recipes, home, and style inspiration

In its first-quarter 2026 investor letter, Artisan Mid Cap Value Fund highlighted Pinterest, Inc. (NYSE:PINS).

Pinterest, Inc. (NYSE:PINS) is a social media and visual discovery platform that enables users to find ideas, such as recipes, home, and style inspiration

On July 7, 2026, Pinterest, Inc. (NYSE:PINS) closed at $22.42 per share. One-month return of Pinterest, Inc. (NYSE:PINS) was 2.99%, and its shares lost 37.53% over the past 52 weeks. Pinterest, Inc. (NYSE:PINS) has a market capitalization of $12.56 billion.

Artisan Mid Cap Value Fund stated the following regarding Pinterest, Inc. (NYSE:PINS) in its Q1 2026 investor letter: “Among the biggest decliners were ICON, Humana, Gartner and Pinterest, Inc. (NYSE:PINS), each of which dropped by 30% or more during the quarter. Pinterest’s recent results have been impacted by macroeconomic headwinds, particularly tariffs, which have weighed on advertising spending by large retail customers. Compared with larger social media peers, Pinterest is less diversified and more exposed to consumer-driven categories, making it more sensitive to these pressures.

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