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NASDAQ:PTON

Peloton Interactive (PTON) Stock Price, News & Analysis

$3.23
-0.20 (-5.83%)
(As of 05/23/2024 ET)
Today's Range
$3.18
$3.41
50-Day Range
$3.03
$4.46
52-Week Range
$2.70
$9.87
Volume
17.58 million shs
Average Volume
16.48 million shs
Market Capitalization
$1.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.14

Peloton Interactive MarketRank™ Stock Analysis

Analyst Rating
Hold
2.05 Rating Score
Upside/​Downside
59.0% Upside
$5.14 Price Target
Short Interest
Bearish
14.61% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.04
Upright™ Environmental Score
News Sentiment
0.01mentions of Peloton Interactive in the last 14 days
Based on 39 Articles This Week
Insider Trading
Selling Shares
$147,427 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.62) to ($0.86) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.02 out of 5 stars

Consumer Discretionary Sector

84th out of 263 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

4th out of 9 stocks

PTON stock logo

About Peloton Interactive Stock (NASDAQ:PTON)

Peloton Interactive, Inc. is a renowned technology company specializing in interactive fitness products and services. The company's primary objective is to harness the power of technology and media to bring the benefits of high-quality fitness classes directly into the homes of individuals across the globe. With its headquarters located in New York City, Peloton operates in multiple countries, including North America, the United Kingdom, Germany, and Canada.

Peloton offers a wide range of connected fitness products, including stationary bicycles, treadmills, and fitness accessories. These products are seamlessly integrated with live and on-demand fitness classes, allowing users to participate in instructor-led workouts from their homes. The company's platform combines cutting-edge hardware, software, and content to create an immersive and engaging fitness experience. Users can access an extensive library of classes taught by world-class instructors in various disciplines, such as cycling, running, strength training, yoga, and meditation.

The target market for Peloton consists of health-conscious individuals who prioritize convenience and seek personalized fitness experiences. The company's products and services cater to beginners and advanced fitness enthusiasts, enabling users to customize their workouts according to their preferences and fitness goals. Peloton's interactive platform fosters community and connectivity, allowing users to engage with instructors and fellow participants, enhancing the overall fitness experience.

A highly experienced management team leads Peloton Interactive, Inc. with diverse backgrounds and expertise in technology, fitness, and consumer products. The Chief Executive Officer, Barry McCarthy, has driven Peloton's growth and success. With his extensive leadership experience, including past positions at Netflix and Pandora Media, McCarthy brings valuable insights and strategic guidance to the company. As a co-founder of Peloton and Chief Product Officer, Thomas Cortese has been instrumental in shaping the company's product vision and development. With a deep understanding of the fitness industry, Cortese plays a vital role in enhancing the user experience and driving innovation.

Recently Pelaton has experienced many challenges that have resulted in declining valuation numbers. Peloton's performance should be viewed in the context of the broader fitness industry.

Factors driving Peloton's valuation include its position as a market leader in the connected fitness industry, its large customer base, and the potential for continued expansion into new markets. Both positive and negative factors, including revenue growth, increased competition, and market volatility, have influenced recent changes in investor sentiment. It is crucial for investors to closely monitor these factors to assess the potential impact on Peloton's valuation.

Peloton's stock performance has been notable, with significant price movements and fluctuations in trading volume. The company's stock experienced a surge in demand during the COVID-19 pandemic as more individuals sought at-home fitness solutions. However, the stock has also been subject to volatility, influenced by factors such as market sentiment, competition, and broader economic conditions.

Recent news and events that may have affected Peloton's share price include product recalls due to safety concerns and increased competition in the connected fitness space. These developments have prompted investors to reassess their expectations and consider potential risks. As the market landscape evolves, investors must stay informed and monitor any significant changes that may impact Peloton's stock performance.

Peloton operates in the broader fitness industry, which has experienced significant growth and transformation in recent years. The industry is characterized by evolving consumer preferences, technological advancements, and increasing demand for convenient fitness solutions. Peloton faces competition from traditional fitness establishments and emerging players in the connected fitness space.

The company's competitive positioning stems from its integrated platform, high-quality content, and strong brand recognition. Peloton's ability to create an immersive fitness experience and foster a sense of community gives it a competitive advantage in the market. However, the industry is highly dynamic, and Peloton must continue to innovate and adapt to changing trends and consumer demands.

Regulatory and political factors can also impact the fitness industry. Changes in safety, data privacy, and intellectual property regulations can affect Peloton's operations. Additionally, shifts in political landscapes or government policies may affect the company's expansion plans and international operations.

Peloton has several growth opportunities to capitalize on in the coming years. One key area is the launch of new products and services. The company has the potential to introduce innovative fitness equipment, expand its content library and further enhance its platform to cater to a broader range of fitness preferences.

Acquisitions and strategic partnerships also present growth avenues for Peloton. By acquiring complementary businesses or collaborating with established brands, the company can expand its market reach and diversify its offerings. Furthermore, Peloton has the opportunity to explore new international markets and expand its customer base globally.

Peloton's competitive advantages lie in its strong brand recognition, loyal customer base, and integrated platform. These factors position the company to pursue growth opportunities and maintain its leadership in the connected fitness industry.

Peloton faces various risks and challenges that could impact its future performance like any business. Changes in consumer preferences and shifts in the competitive landscape could affect demand for Peloton's products and services. The company must continuously innovate and stay ahead of emerging trends to retain its market position.

Regulatory changes and legal challenges pose potential risks for Peloton. Compliance with safety regulations, intellectual property protection, and privacy laws is crucial for the company's operations. Any failure to address these areas adequately could result in reputational damage or legal repercussions.

Competition is another significant challenge for Peloton. The fitness industry is highly competitive, with established players and new entrants vying for market share. Peloton must stay attuned to market trends, invest in research and development and continue delivering high-quality experiences to maintain its competitive edge.

Effective risk management strategies, including diversification of product offerings, strong customer relationships, and continuous monitoring of industry trends, can help Peloton mitigate potential risks and navigate challenges successfully.

PTON Stock Price History

PTON Stock News Headlines

Peloton Stock Is Now a Buyout Target, What's It Worth?
Could the rumors be true? Private equity firms are circling fitness company Peloton Interactive Inc. NASDAQ: PTON for a potential buyout.
Peloton Stock Is Now a Buyout Target, What’s It Worth?
Peloton's valuation today, amid improving free cash flow, could drive private equity firms to give shareholders a buyout deal above $7 a share, a near double
Peloton Interactive Inc (PTON) Insider Sells Shares
Don't Buy Peloton Stock on Buyout Rumors
Why Peloton Stock Tumbled Today
Peloton slips on new debt refinancing plan
Penny Stock Peloton Falls Toward Zero
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/23/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/28/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PTON
Fax
N/A
Employees
2,765
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.14
High Stock Price Target
$10.00
Low Stock Price Target
$2.53
Potential Upside/Downside
+54.7%
Consensus Rating
Hold
Rating Score (0-4)
2.05
Research Coverage
21 Analysts

Profitability

Net Income
$-1,261,700,000.00
Pretax Margin
-28.29%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Book Value
($1.59) per share

Miscellaneous

Free Float
358,651,000
Market Cap
$1.23 billion
Optionable
Optionable
Beta
2.01
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Key Executives

  • Mr. W. Barry McCarthy Jr. (Age 70)
    CEO, President & Director
    Comp: $1.09M
  • Ms. Elizabeth Coddington (Age 49)
    Chief Financial Officer
    Comp: $1.33M
  • Ms. Jennifer Cotter (Age 52)
    Chief Content Officer
    Comp: $988.97k
  • Mr. Saqib Baig (Age 47)
    Chief Accounting Officer
  • Mr. Peter Coleman Stabler
    Senior Vice President of Investor Relations
  • Ms. Tammy Albarran
    Chief Legal Officer & Corporate Secretary
  • Ms. Lauren Weinberg
    Chief Marketing Officer
  • Ms. Dalana Brand
    Chief People Officer
  • Mr. Dion Camp Sanders (Age 50)
    Chief Emerging Business Officer
  • Mr. Andrew Rendich (Age 56)
    Chief Supply Chain Officer

PTON Stock Analysis - Frequently Asked Questions

Should I buy or sell Peloton Interactive stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Peloton Interactive in the last year. There are currently 3 sell ratings, 14 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.
View PTON analyst ratings
or view top-rated stocks.

What is Peloton Interactive's stock price target for 2024?

21 Wall Street research analysts have issued 12-month target prices for Peloton Interactive's shares. Their PTON share price targets range from $2.53 to $10.00. On average, they predict the company's share price to reach $5.14 in the next twelve months. This suggests a possible upside of 59.0% from the stock's current price.
View analysts price targets for PTON
or view top-rated stocks among Wall Street analysts.

How have PTON shares performed in 2024?

Peloton Interactive's stock was trading at $6.09 on January 1st, 2024. Since then, PTON stock has decreased by 47.0% and is now trading at $3.23.
View the best growth stocks for 2024 here
.

When is Peloton Interactive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024.
View our PTON earnings forecast
.

How were Peloton Interactive's earnings last quarter?

Peloton Interactive, Inc. (NASDAQ:PTON) released its earnings results on Thursday, May, 2nd. The company reported ($0.45) EPS for the quarter, missing the consensus estimate of ($0.39) by $0.06. The company earned $717.70 million during the quarter, compared to the consensus estimate of $720.85 million. Peloton Interactive's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.79) earnings per share.

What ETFs hold Peloton Interactive's stock?
What guidance has Peloton Interactive issued on next quarter's earnings?

Peloton Interactive issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

What is John Foley's approval rating as Peloton Interactive's CEO?

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.

What other stocks do shareholders of Peloton Interactive own?

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).

When did Peloton Interactive IPO?

Peloton Interactive (PTON) raised $1.1 billion in an initial public offering 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.

Who are Peloton Interactive's major shareholders?

Peloton Interactive's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.60%), Capital World Investors (7.09%), Price T Rowe Associates Inc. MD (4.10%), Jacobs Levy Equity Management Inc. (0.37%), IMC Chicago LLC (0.00%) and Lee Johnson Capital Management LLC (0.18%). Insiders that own company stock include Allen J Klingsick, Allen J Klingsick, Andrew S Rendich, Elizabeth F Coddington, Hisao Kushi, Howard C Draft, Ix Cycle LP Tcv, Jennifer Cunningham Cotter, Jill Woodworth, John Paul Foley, Jon Callaghan, Karen Boone, Kevin Cornils, Mariana Garavaglia, Thomas Cortese, William Lynch and X Cycle LP Tcv.
View institutional ownership trends
.

How do I buy shares of Peloton Interactive?

Shares of PTON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PTON) was last updated on 5/23/2024 by MarketBeat.com Staff

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