1335 ET - Pinterest has the potential to stabilize its growth, but the company has to figure out how to get there, Baird analysts write in a note, downgrading the stock to neutral. The company is grappling with a pullback from larger advertisers, but its capacity to translate engagement to monetization is underperforming, they write. Of course, as they note, "it's harder to build a user base to Pinterest's scale than finding ways to connect advertisers to a highly motivated audience." Still, they are revising near-term expectations downward for the time being. "We remain optimistic but expect shares to be range bound until execution improves," they write. Shares slide 17%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 13, 2026 13:36 ET (18:36 GMT)

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