Peloton Interactive - PTON Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peloton Interactive in the last twelve months. There are currently 3 sell ratings, 13 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PTON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTON, but not buy additional shares or sell existing shares.
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26 equities research analysts have issued twelve-month price objectives for Peloton Interactive's shares. Their PTON share price forecasts range from $8.00 to $27.00. On average, they anticipate the company's share price to reach $16.34 in the next twelve months. This suggests a possible upside of 72.7% from the stock's current price.
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Peloton Interactive's stock was trading at $7.94 at the beginning of the year. Since then, PTON stock has increased by 19.1% and is now trading at $9.46.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
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Peloton Interactive, Inc. (NASDAQ:PTON) released its quarterly earnings results on Wednesday, February, 1st. The company reported ($0.98) EPS for the quarter, missing analysts' consensus estimates of ($0.67) by $0.31. The company earned $792.70 million during the quarter, compared to analysts' expectations of $712.30 million. Peloton Interactive had a negative trailing twelve-month return on equity of 204.17% and a negative net margin of 89.95%. The firm's revenue was down 30.1% on a year-over-year basis. During the same period last year, the company posted ($1.39) EPS.

ETFs with the largest weight of Peloton Interactive (NASDAQ:PTON) stock in their portfolio include Amplify Online Retail ETF (IBUY), ProShares On-Demand ETF (OND), iShares Virtual Work and Life Multisector ETF (IWFH), Global X Health & Wellness ETF (BFIT), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), IQ Healthy Hearts ETF (HART) and IQ Chaikin US Large Cap ETF (CLRG).

Peloton Interactive updated its third quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $690.00 million-$715.00 million, compared to the consensus revenue estimate of $692.14 million.

125 employees have rated Peloton Interactive Chief Executive Officer John Foley on Glassdoor.com. John Foley has an approval rating of 92% among the company's employees. This puts John Foley in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Peloton Interactive investors own include NVIDIA (NVDA), Tesla (TSLA), Zoom Video Communications (ZM), Advanced Micro Devices (AMD), DocuSign (DOCU), Alibaba Group (BABA), Netflix (NFLX), Block (SQ), PayPal (PYPL) and Salesforce (CRM).

(PTON) raised $1.1 billion in an IPO on Thursday, September 26th 2019. The company issued 40,000,000 shares at a price of $26.00-$29.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, UBS Investment Bank, Cowen, Canaccord Genuity, Evercore ISI, JMP Securities, KeyBanc Capital Markets, Needham & Company, Oppenheimer, Raymond James, Stifel, SunTrust Robinson Humphrey, William Blair, Telsey Advisory Group, Academy Securities, Siebert Cisneros Shank, R. Seelaus and The Williams Capital Group were co-managers.

Peloton Interactive trades on the NASDAQ under the ticker symbol "PTON."

Peloton Interactive's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (14.00%), Eminence Capital LP (1.48%), Jackson Square Partners LLC (1.45%), Two Sigma Investments LP (1.40%), Alkeon Capital Management LLC (1.40%) and Geode Capital Management LLC (1.28%). Insiders that own company stock include Allen J Klingsick, Allen J Klingsick, Corp Comcast, Harbor Master Investors Hadley, Hisao Kushi, Howard C Draft, Ix Cycle LP Tcv, Jennifer Cunningham Cotter, Jill Woodworth, John Paul Foley, Jon Callaghan, Kevin Cornils, Mariana Garavaglia, Thomas Cortese, William Lynch, Woodson Capital Management, Lp and X Cycle LP Tcv.
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Shares of PTON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PTON stock can currently be purchased for approximately $9.46.

Peloton Interactive (NASDAQ:PTON) has a market capitalization of $3.27 billion and generates $3.58 billion in revenue each year. The company earns $-2,827,700,000.00 in net income (profit) each year or ($8.13) on an earnings per share basis.

The company employs 3,723 workers across the globe.

Peloton Interactive's mailing address is 125 WEST 25TH STREET 11TH FLOOR, NEW YORK NY, 10001. The official website for the company is www.onepeloton.com. The company can be reached via phone at 917-671-9198 or via email at investor@onepeloton.com.