Research Analysts’ Recent Ratings Updates for Peloton Interactive (PTON)

A number of research firms have changed their ratings and price targets for Peloton Interactive (NASDAQ: PTON):

  • 11/7/2022 – Peloton Interactive had its price target lowered by analysts at Citigroup Inc. from $23.00 to $18.00. They now have a “buy” rating on the stock.
  • 11/6/2022 – Peloton Interactive had its price target lowered by analysts at Barclays PLC from $18.00 to $14.00.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at BMO Capital Markets from $8.50 to $8.00. They now have an “underperform” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at Cowen Inc. from $20.00 to $14.00. They now have an “outperform” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at Cowen Inc from $20.00 to $14.00. They now have an “outperform” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $18.00 to $12.00. They now have a “neutral” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at Credit Suisse Group AG from $12.00 to $10.00. They now have a “neutral” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at JMP Securities from $25.00 to $16.00. They now have a “market outperform” rating on the stock.
  • 11/4/2022 – Peloton Interactive had its price target lowered by analysts at Truist Financial Co. from $13.00 to $10.00.
  • 11/2/2022 – Peloton Interactive had its price target lowered by analysts at Bank of America Co. from $19.00 to $16.00. They now have a “buy” rating on the stock.
  • 10/28/2022 – Peloton Interactive had its price target lowered by analysts at Telsey Advisory Group from $11.00 to $9.00. They now have a “market perform” rating on the stock.
  • 10/25/2022 – Peloton Interactive had its price target lowered by analysts at Morgan Stanley from $10.00 to $8.00. They now have an “equal weight” rating on the stock.
  • 10/7/2022 – Peloton Interactive had its price target lowered by analysts at BMO Capital Markets from $9.75 to $8.50. They now have an “underperform” rating on the stock.

Peloton Interactive Stock Down 5.3 %

PTON stock opened at $10.31 on Monday. The company has a current ratio of 2.47, a quick ratio of 1.40 and a debt-to-equity ratio of 6.48. The firm has a market capitalization of $3.51 billion, a PE ratio of -1.21 and a beta of 1.57. Peloton Interactive, Inc. has a 1-year low of $6.66 and a 1-year high of $50.08. The business’s 50 day simple moving average is $8.88 and its 200 day simple moving average is $10.46.

Peloton Interactive (NASDAQ:PTONGet Rating) last posted its earnings results on Thursday, August 25th. The company reported ($1.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.71) by ($0.61). The business had revenue of $678.40 million for the quarter, compared to analyst estimates of $682.93 million. Peloton Interactive had a negative return on equity of 116.53% and a negative net margin of 83.97%. The firm’s revenue was down 27.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.05) earnings per share. As a group, research analysts anticipate that Peloton Interactive, Inc. will post -2.61 EPS for the current year.

Institutional Trading of Peloton Interactive

Several institutional investors have recently added to or reduced their stakes in PTON. Wahed Invest LLC bought a new stake in Peloton Interactive in the 2nd quarter valued at $29,000. Exchange Traded Concepts LLC boosted its stake in Peloton Interactive by 943.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 4,509 shares of the company’s stock valued at $31,000 after purchasing an additional 4,077 shares during the period. Covestor Ltd boosted its stake in Peloton Interactive by 1,054.2% in the 1st quarter. Covestor Ltd now owns 1,385 shares of the company’s stock valued at $37,000 after purchasing an additional 1,265 shares during the period. Clearstead Advisors LLC lifted its position in shares of Peloton Interactive by 133.7% during the 1st quarter. Clearstead Advisors LLC now owns 1,573 shares of the company’s stock valued at $42,000 after acquiring an additional 900 shares during the period. Finally, Eisler Capital UK Ltd. bought a new stake in shares of Peloton Interactive during the 3rd quarter valued at $44,000. 79.40% of the stock is currently owned by institutional investors.

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, and Peloton Tread+ names. It also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes.

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