Why Pinterest stock just tanked 20%? Here’s what went wrong

Pinterest stock plunged over 20% after reporting $1.32 billion Q4 revenue, missing Wall Street estimates. Net income fell 85% to $277 million. First-quarter guidance of $951–$971 million also trailed forecasts. The company blamed tariffs and reduced advertising spending by large retailers. Adjusted EBITDA missed expectations. Despite weak earnings, monthly active users rose 12% to 619 million. Investors now watch digital ad growth, AI investment strategy, and retail advertising recovery trends.