Peloton Interactive (NASDAQ:PTON) Rating Lowered to “Hold” at Wall Street Zen

Peloton Interactive (NASDAQ:PTON) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other analysts have also recently issued research reports about the stock. Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $10.00 target price on shares of Peloton Interactive in a research report on Thursday, October 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a research report on Tuesday, October 14th. Zacks Research upgraded shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Finally, UBS Group upgraded Peloton Interactive from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $7.50 to $11.00 in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $9.86.

Peloton Interactive Price Performance

NASDAQ:PTON opened at $7.66 on Friday. Peloton Interactive has a 12 month low of $4.63 and a 12 month high of $10.90. The firm has a market capitalization of $3.12 billion, a PE ratio of -27.36, a price-to-earnings-growth ratio of 2.30 and a beta of 2.33. The business’s fifty day moving average price is $7.80 and its 200 day moving average price is $7.23.

Peloton Interactive (NASDAQ:PTON) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The business had revenue of $550.80 million for the quarter, compared to analyst estimates of $540.61 million. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts anticipate that Peloton Interactive will post -0.36 EPS for the current year.

Insider Activity

In other Peloton Interactive news, CFO Elizabeth F. Coddington sold 238,664 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.85, for a total transaction of $1,873,512.40. Following the completion of the transaction, the chief financial officer owned 346,535 shares in the company, valued at approximately $2,720,299.75. This represents a 40.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jennifer Cunningham Cotter sold 110,235 shares of Peloton Interactive stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $8.05, for a total transaction of $887,391.75. Following the completion of the sale, the insider directly owned 100,269 shares in the company, valued at approximately $807,165.45. The trade was a 52.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,834,177 shares of company stock valued at $14,655,695. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Peloton Interactive

A number of large investors have recently modified their holdings of the business. Bessemer Group Inc. raised its position in Peloton Interactive by 1,602.6% during the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock worth $37,000 after acquiring an additional 5,000 shares during the last quarter. MAI Capital Management increased its stake in shares of Peloton Interactive by 64.6% during the 2nd quarter. MAI Capital Management now owns 5,498 shares of the company’s stock worth $38,000 after purchasing an additional 2,158 shares in 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 in the last quarter. Abel Hall LLC acquired a new position in shares of Peloton Interactive during the 1st quarter worth approximately $64,000. Finally, AE Wealth Management LLC purchased a new stake in Peloton Interactive in the 1st quarter valued at approximately $65,000. 77.01% of the stock is owned by hedge funds and other institutional investors.

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.