Peloton Interactive (NASDAQ:PTON) Upgraded by Wall Street Zen to Buy Rating

Peloton Interactive (NASDAQ:PTON) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently commented on PTON. Citigroup cut their price objective on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Peloton Interactive in a research note on Friday, January 9th. Telsey Advisory Group restated a “market perform” rating and issued a $8.00 price objective on shares of Peloton Interactive in a research report on Thursday. Wolfe Research set a $9.00 price objective on Peloton Interactive in a report on Friday. Finally, Zacks Research raised Peloton Interactive from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $9.72.

Peloton Interactive Trading Down 2.4%

Peloton Interactive stock opened at $5.59 on Friday. The stock has a 50 day moving average of $6.34 and a two-hundred day moving average of $7.12. Peloton Interactive has a twelve month low of $4.63 and a twelve month high of $10.25. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of -19.96, a PEG ratio of 1.73 and a beta of 2.40.

Peloton Interactive (NASDAQ:PTON) last released its earnings results on Thursday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. Peloton Interactive’s quarterly revenue was down 6.0% compared to the same quarter last year. Equities analysts predict that Peloton Interactive will post -0.36 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Charles Peter Kirol sold 22,520 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $6.47, for a total value of $145,704.40. Following the sale, the chief operating officer directly owned 81,001 shares in the company, valued at $524,076.47. The trade was a 21.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Saqib Baig sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $6.87, for a total transaction of $68,700.00. Following the transaction, the chief accounting officer owned 170,665 shares of the company’s stock, valued at $1,172,468.55. This trade represents a 5.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,107,129 shares of company stock valued at $7,708,694 in the last three months. 1.30% of the stock is owned by insiders.

Institutional Trading of Peloton Interactive

Several large investors have recently modified their holdings of the business. D.A. Davidson & CO. acquired a new position in shares of Peloton Interactive during the 2nd quarter worth approximately $338,000. Voya Investment Management LLC increased its position in Peloton Interactive by 325.5% during the third quarter. Voya Investment Management LLC now owns 429,929 shares of the company’s stock worth $3,869,000 after buying an additional 328,894 shares in the last quarter. Eminence Capital LP purchased a new position in Peloton Interactive during the second quarter worth $112,681,000. Geode Capital Management LLC raised its holdings in shares of Peloton Interactive by 5.7% in the second quarter. Geode Capital Management LLC now owns 9,141,542 shares of the company’s stock worth $63,450,000 after acquiring an additional 490,353 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new stake in shares of Peloton Interactive in the third quarter valued at $17,387,000. 77.01% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Peloton Interactive

Here are the key news stories impacting Peloton Interactive this week:

• Positive Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating and set an $8 price target, signaling meaningful upside from current levels if Peloton executes. Telsey reaffirms market perform, $8 PT
• Positive Sentiment: The Motley Fool highlights that Peloton has reported positive net income and rising free cash flow in the last two quarters — a sign of improving profitability heading into the Feb. 5 earnings release. 1 Thing to Watch in Peloton’s Earnings on Feb. 5
• Neutral Sentiment: Analysts’ views are mixed across consumer cyclicals including Peloton, reflecting divergence on recovery timing and margin sustainability. Mixed analyst commentary can keep volatility elevated. Analysts’ Opinions Are Mixed
• Neutral Sentiment: Street calendars note Peloton is projected to report quarterly earnings on Feb. 5 — the upcoming print is the main near-term catalyst and could swing the stock depending on subscriber and guidance detail. Peloton Projected to Post Quarterly Earnings
• Negative Sentiment: Peloton announced plans to cut about 11% of its workforce as part of cost-cutting efforts. While layoffs reduce near-term expenses, they typically signal slowing growth or restructuring that may spook investors. Peloton cuts 11% of staff
• Negative Sentiment: Reporting highlights falling revenue and uncertainty around subscriber trends — the core business metric investors watch for recovery and sustained profitability. That pressure on top-line visibility is a key reason shares are under strain. Peloton Reset Faced With Falling Revenue

About Peloton Interactive

Peloton Interactive, Inc operates a digital fitness platform that combines connected exercise equipment with live and on-demand workout classes. The company’s core products include stationary bikes (Peloton Bike and Bike+), treadmills (Peloton Tread and Tread+), and the Peloton Row. Each device integrates a touchscreen display that streams instructor-led cycling, running, strength, yoga, meditation and other fitness classes. Peloton generates recurring revenue through subscription plans, which grant users access to its growing library of workouts, performance tracking tools and community features.

Founded in 2012 by John Foley and headquartered in New York City, Peloton set out to deliver an immersive home-fitness experience by blending hardware, software and content.