Pinterest Lifts Q1 Revenue Outlook After tvScientific Deal, Trims Profit Target

Overview

• Pinterest raised its first‑quarter revenue guidance to $958–$978 million after incorporating the December acquisition of tvScientific, with the midpoint above the $964.9 million consensus.
• The company lowered its Q1 EBITDA outlook to $163–$183 million, citing acquisition costs and cash outlay tied to the tvScientific purchase.
• The tvScientific integration is intended to expand connected‑TV capabilities within Pinterest’s Performance+ AI optimization suite.
• Shares fell about 21% on February 13 as retailers pulled back spending due to tariffs and AI competition intensified, while Goldman cut its target and RBC downgraded the stock.
• Bullish commentary points to roughly $2.7 billion in liquid assets, zero long‑term debt, and sizable recent buybacks as support for resilience despite advertising cyclicality.