Portnoy Law Firm announces class action on behalf of Pinterest, Inc. investors

The Portnoy Law Firm is advising Pinterest, Inc. (Pinterest or the Company) (NYSE: PINS) investors of a class action on behalf of investors who purchased securities between February 7, 2025 and February 12, 2026, inclusive (the “Class Period”). Investors have until May 29, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy by phone at 310-692-8883 or by email at lesley@portnoylaw.com to discuss their legal rights, or to join the case via https://portnoylaw.com/pinterest-inc. The firm states it can provide a complimentary case evaluation and discuss options for pursuing claims to recover losses.

Allegations in the complaint

According to the complaint, during the Class Period, defendants allegedly failed to disclose that:

• Pinterest was experiencing and/or was likely to experience reduced revenues from its advertising partners;
• Pinterest overstated its ability to manage the impact of U.S. tariffs on the macroeconomic environment in which the Company operated, including the foreseeable impact on its advertising partners;
• The impact of the foregoing on Pinterest’s advertising revenues was significant enough that Pinterest was facing and/or likely to face an imminent restructuring; and
• As a result, defendants’ public statements were materially false and misleading at all times.

Company results and market reaction

The plaintiff alleges that on February 12, 2026, Pinterest announced its financial results for the fiscal quarter and year ended December 31, 2025. The article states that Pinterest reported quarterly revenue of $1.32 billion, below the consensus estimate of $1.33 billion. It also provided Q1 2026 revenue guidance of $951 million to $971 million, below the consensus estimate of $980.6 million.

According to the article, CEO William Ready attributed Pinterest’s 2025 performance to an exogenous shock related to tariffs that are disproportionately affecting ad spend from the Company’s top retail advertisers. CFO Julia Donnelly reportedly said the firm expects these tariff headwinds to continue and may become slightly more pronounced in Q1.

On this news, the article states Pinterest’s stock price fell $3.12 per share, or 16.83%, to close at $15.42 on February 13, 2026.

Case timeline and contact information

The article states the deadline for investors to file a lead plaintiff motion is May 29, 2026. It also reiterates that investors can contact Lesley F. Portnoy at 310-692-8883 or lesley@portnoylaw.com, or join via https://portnoylaw.com/pinterest-inc.

Firm background and disclaimer

The Portnoy Law Firm states it represents investors in pursuing claims caused by corporate wrongdoing. The article further states the firm’s founding partner has recovered over $5.5 billion for aggrieved investors. It also includes an attorney advertising disclaimer and notes that prior results do not guarantee similar outcomes.