Stock Track | Pinterest Soars 5.03% Intraday After Raising Q1 Outlook on tvScientific Acquisition

Stock Track02-18 23:02

Pinterest, Inc. (PINS) stock soared 5.03% during intraday trading on Wednesday, following the company's announcement of an improved financial outlook for the first quarter of 2026.

The social-media company raised its revenue guidance to a range of $958 million to $978 million, up from its previous forecast of $951 million to $971 million. This revision reflects a partial-quarter contribution from its newly acquired connected-TV advertising platform, tvScientific. The mid-point of the new revenue range also exceeds analyst estimates.

The acquisition, which closed recently, marks Pinterest's first major deal since 2022 and integrates tvScientific's outcome-based advertising technology into Pinterest's performance-advertising suite. The company also updated its adjusted EBITDA forecast to $163 million to $183 million, factoring in integration costs for the new business.

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