What is Roth Capital's Forecast for PTON FY2027 Earnings?

Key Points

• Roth Capital predicts Peloton Interactive will achieve earnings of $0.16 per share for FY2027, contrasting with the current full-year consensus estimate of ($0.36) per share.
• Multiple analysts have upgraded their ratings and price targets for Peloton's stock, with Goldman Sachs increasing theirs to $11.50 and Morgan Stanley to $5.75.
• Peloton reported earnings of $0.05 per share for the last quarter, exceeding expectations, but the company's revenue declined 5.8% year-over-year.

Peloton Interactive, Inc. (NASDAQ:PTON - Free Report) - Research analysts at Roth Capital issued their FY2027 earnings estimates for shares of Peloton Interactive in a research report issued on Friday, August 8th. Roth Capital analyst G. Kelly anticipates that the company will post earnings of $0.16 per share for the year. The consensus estimate for Peloton Interactive's current full-year earnings is ($0.36) per share.

PTON has been the subject of several other reports. Morgan Stanley lifted their price target on shares of Peloton Interactive from $4.00 to $5.75 and gave the company an "equal weight" rating in a report on Monday, August 4th. The Goldman Sachs Group raised shares of Peloton Interactive from a "neutral" rating to a "buy" rating and lifted their price target for the company from $7.00 to $11.50 in a report on Friday. Deutsche Bank Aktiengesellschaft raised shares of Peloton Interactive from a "hold" rating to a "buy" rating and set a $6.60 price target for the company in a report on Monday, April 14th. Truist Financial raised shares of Peloton Interactive from a "hold" rating to a "buy" rating and set a $11.00 price target for the company in a report on Monday, April 28th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $8.00 price target on shares of Peloton Interactive in a report on Thursday. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $8.73.

Peloton Interactive Stock Performance

NASDAQ PTON opened at $7.84 on Monday. Peloton Interactive has a one year low of $2.83 and a one year high of $10.90. The company has a 50-day simple moving average of $6.73 and a 200-day simple moving average of $6.89. The firm has a market capitalization of $3.06 billion, a PE ratio of -25.29 and a beta of 2.08.

Peloton Interactive (NASDAQ:PTON - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.12. The company had revenue of $606.90 million during the quarter, compared to the consensus estimate of $580.29 million. During the same period in the previous year, the firm posted ($0.08) EPS. Peloton Interactive's revenue for the quarter was down 5.8% on a year-over-year basis.

Institutional Investors Weigh In On Peloton Interactive

Several hedge funds have recently made changes to their positions in PTON. Russell Investments Group Ltd. increased its stake in Peloton Interactive by 969.6% in the 4th quarter. Russell Investments Group Ltd. now owns 4,011 shares of the company's stock valued at $35,000 after buying an additional 3,636 shares during the period. FNY Investment Advisers LLC acquired a new position in Peloton Interactive in the 1st quarter valued at approximately $37,000. Bessemer Group Inc. increased its stake in shares of Peloton Interactive by 1,602.6% during the 2nd quarter. Bessemer Group Inc. now owns 5,312 shares of the company's stock worth $37,000 after purchasing an additional 5,000 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Peloton Interactive by 40.2% during the 1st quarter. Nisa Investment Advisors LLC now owns 6,503 shares of the company's stock worth $41,000 after purchasing an additional 1,864 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Peloton Interactive by 1,082.5% during the 1st quarter. GAMMA Investing LLC now owns 8,159 shares of the company's stock worth $52,000 after purchasing an additional 7,469 shares during the last quarter. Hedge funds and other institutional investors own 77.01% of the company's stock.

Insider Activity at Peloton Interactive

In related news, CFO Elizabeth F. Coddington sold 185,661 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $6.29, for a total transaction of $1,167,807.69. Following the completion of the sale, the chief financial officer directly owned 311,231 shares of the company's stock, valued at $1,957,642.99. This represents a 37.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nick V. Caldwell sold 63,925 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $6.99, for a total transaction of $446,835.75. Following the sale, the insider directly owned 578,668 shares of the company's stock, valued at approximately $4,044,889.32. This represents a 9.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 576,585 shares of company stock worth $3,688,758 in the last quarter. Company insiders own 1.34% of the company's stock.

Peloton Interactive Company Profile

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.

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