May. 4 at 11:40 AM
The boxes I would like to see checked on today's call:
$PINS
✅ Revenue beats
$968M consensus — even a clean in-line with strong Q2 guidance
✅ AI is actually moving the needle — Pinterest Assistant driving measurable lift in ad clicks & ARPU, not just a talking point
✅ International ARPU inflecting — this is the biggest gap vs. peers and the biggest unlock
✅ Ad pricing stabilizing — impressions were up last Q but CPMs were soft, need proof the floor is in
✅
$100M restructuring savings flowing through to margins — show me the EBITDA expansion
✅ CTV monetization update — early traction with tvScientific = new revenue surface story
✅ 620M+ MAUs with engagement acceleration — not just users, time spent & intent signals
✅ Buyback pace —
$3.5B authorization, are they actually buying aggressively at these levels?
✅ Raise full-year guidance — even modestly, this alone could be the catalyst
The stock is sitting at a discount. Bill Ready has the mic. Let's see if he uses it.
