The analysis discusses Pinterest's stock, trading around $25 a share, highlighting the company's focus on increasing advertising effectiveness using AI-driven automation. This has resulted in a 40% year-over-year increase in outbound clicks to advertisers in Q3. Pinterest's management aims to increase their share of wallet with large and mid-market advertisers. Key metrics, such as commercial intent of Pinterest users, AI-driven automation, and increased return on ad spending indicate that PINS stock is significantly undervalued. The intrinsic value is calculated about $71.00. Trading at a forward PE of 13 and a forward price to OCF of 12, suggests that the stock is undervalued.