Pinterest said on Tuesday activist investing firm Elliott Investment Management is investing $1 billion in the company.
On February 13, 2026, Pinterest, saw its price target from Goldman Sachs lowered from $32 to $23. The firm’s analyst Eric Sheridan kept a Buy rating on the shares.
According to the analyst, Pinterest’s fourth-quarter results signalled pressure on the company’s revenue due to macro headwinds affecting major retail advertisers. However, the firm also noted a healthy growth in its user base, particularly contributed by Gen-Z users.
Meanwhile, on the same day, RBC Capital downgraded the stock from Outperform to Sector Perform with a price target of $17, down from $38. In its research note, the firm found the company’s Q4 results disappointing. Though the analyst acknowledges tariffs as one of the primary contributors to Pinterest, Inc. (NYSE:PINS)’s results in the fourth quarter, it was also noted that the company’s previous plans centered on product cycles and improved conversion rates have failed to deliver meaningful financial upside.
Pinterest, founded in 2010, is a visual discovery engine and social commerce platform with headquarters in California.
Source: Reuters
