Peloton Interactive (PTON) Stock Forecast, Price & News

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peloton Interactive in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 1 year price objectives for Peloton Interactive's stock. Their PTON share price forecasts range from $8.00 to $24.00. On average, they anticipate the company's share price to reach $14.67 in the next year. This suggests a possible upside of 78.5% 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 shares have increased by 3.5% and is now trading at $8.22.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023.
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Peloton Interactive, Inc. (NASDAQ:PTON) announced its quarterly earnings data on Thursday, May, 4th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.53) by $0.26. The business had revenue of $748.90 million for the quarter, compared to analyst estimates of $708.78 million. Peloton Interactive had a negative net margin of 79.82% and a negative trailing twelve-month return on equity of 686.29%. The company's revenue was down 22.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.98) EPS.

ETFs with the largest weight of Peloton Interactive (NASDAQ:PTON) stock in their portfolio include ProShares On-Demand ETF (OND), Amplify Online Retail ETF (IBUY), 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 Chaikin US Large Cap ETF (CLRG) and IQ Healthy Hearts ETF (HART).

Peloton Interactive updated its fourth quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $630.00 million-$650.00 million, compared to the consensus revenue estimate of $607.65 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 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 served 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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (11.69%), Jackson Square Partners LLC (2.20%), Two Sigma Investments LP (1.89%), Two Sigma Advisers LP (1.86%), Geode Capital Management LLC (1.35%) and Renaissance Technologies LLC (1.07%). Insiders that own company stock include Allen J Klingsick, Allen J Klingsick, 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 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 $8.22.

Peloton Interactive (NASDAQ:PTON) has a market capitalization of $2.91 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 ($6.65) 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.