Goldman Sachs lowered its price target for the company from $32 to $23 but maintained a Buy rating. The stock was trading at $17.77. The company reported weaker-than-expected Q4 2025 revenue, citing tariff pressures, which prompted a legal investigation into prior disclosures. Following the results, Ark Invest reduced its holdings. Despite this, some analysts present a bullish thesis, highlighting the company's profitability, cash position, and status as a visual discovery platform.