Pinterest(US:PINS) Schaeffers Investment Research·2026-01-27 15:33Company Overview - Pinterest Inc plans to lay off approximately 15% of its workforce to reallocate resources towards artificial intelligence roles and teams [1] - The company will also reduce its office space, with changes expected to take effect in the third quarter [1] Stock Performance - Pinterest shares have decreased by 7.5%, trading at $23.97, marking its lowest level since April [2] - The stock is on track for its worst day since November and has declined by 27% year over year [2] - The 12-month consensus target price for Pinterest is $36.42, indicating a 52.2% discount to current levels [2] Market Sentiment - The stock appears to be under pressure from a high call/put volume ratio of 4.96, which is above 96% of annual readings, suggesting potential further declines [3] - Pinterest's Schaeffer's Volatility Scorecard (SVS) is at 87 out of 100, indicating that the stock has experienced higher volatility than what the options market has priced in [3]