JPMorgan Chase & Co. Issues Pessimistic Forecast for Peloton Interactive (NASDAQ:PTON) Stock Price

Peloton Interactive (NASDAQ:PTON) had its price target lowered by research analysts at JPMorgan Chase & Co. from $9.00 to $6.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 29.59% from the stock’s current price.

Several other research firms have also recently commented on PTON. Morgan Stanley boosted their target price on Peloton Interactive from $6.00 to $6.50 and gave the company an “equal weight” rating in a research note on Wednesday, November 19th. UBS Group reiterated a “buy” rating on shares of Peloton Interactive in a report on Tuesday. Guggenheim started coverage on shares of Peloton Interactive in a report on Wednesday, December 10th. They set a “neutral” rating for the company. Wolfe Research set a $9.00 target price on shares of Peloton Interactive in a research report on Friday, January 30th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Peloton Interactive in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $9.26.

Peloton Interactive Stock Performance

PTON opened at $4.63 on Friday. The firm’s fifty day moving average is $6.19 and its two-hundred day moving average is $7.09. The firm has a market cap of $1.93 billion, a PE ratio of -35.62, a price-to-earnings-growth ratio of 1.02 and a beta of 2.41. Peloton Interactive has a twelve month low of $4.09 and a twelve month high of $10.25.

Peloton Interactive (NASDAQ:PTON) last released its quarterly earnings results on Thursday, February 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The firm had revenue of $656.50 million during the quarter, compared to the consensus estimate of $675.04 million. Peloton Interactive’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.24) earnings per share. Equities analysts forecast that Peloton Interactive will post -0.36 EPS for the current fiscal year.

Insider Activity

In other news, CFO Elizabeth F. Coddington sold 21,820 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $6.31, for a total value of $137,684.20. Following the completion of the transaction, the chief financial officer directly owned 346,535 shares in the company, valued at approximately $2,186,635.85. The trade was a 5.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jennifer Cunningham Cotter sold 131,495 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $6.64, for a total value of $873,126.80. Following the transaction, the insider directly owned 100,269 shares of the company’s stock, valued at $665,786.16. This trade represents a 56.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,107,129 shares of company stock worth $7,708,694. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. purchased a new position in Peloton Interactive during the 2nd quarter valued at $338,000. Voya Investment Management LLC lifted its position in shares of 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 purchasing an additional 328,894 shares during the last quarter. Lisanti Capital Growth LLC bought a new stake in shares of Peloton Interactive during the third quarter worth $2,429,000. Eminence Capital LP purchased a new stake in shares of Peloton Interactive during the second quarter valued at $112,681,000. Finally, Geode Capital Management LLC grew 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 purchasing an additional 490,353 shares during the last quarter. Institutional investors own 77.01% of the company’s stock.

Trending Headlines about Peloton Interactive

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

• Positive Sentiment: Truist kept a “buy” rating and cut its price target to $9, which still implies substantial upside from current levels — a signal that at least some analysts see recovery potential. Benzinga
• Positive Sentiment: Bull case: management’s cost cuts, subscription price increases and margin expansion are improving EBITDA and cash flow, which some investors view as de‑risking the turnaround despite soft top‑line trends. Seeking Alpha
• Positive Sentiment: Unusually large call‑option volume was noted (about 68,000 calls), indicating speculative bullish interest or hedging activity that can amplify intraday moves.
• Neutral Sentiment: Full Q2 earnings and conference call transcripts are available for detail review — useful for investors who want to parse management commentary on subscriptions, product cadence and delivery timing. Earnings Transcript (Yahoo)
• Negative Sentiment: Peloton reported Q2 revenue and EPS below expectations and issued revenue guidance below consensus, which prompted the initial sell‑off. Yahoo: Shares Tumble
• Negative Sentiment: CFO Liz Coddington is leaving for Palmetto, creating near‑term leadership uncertainty at a sensitive time for the turnaround. WSJ
• Negative Sentiment: Several firms trimmed price targets or ratings (JPMorgan lowered its PT to $6 and moved to neutral; Telsey cut to $6 and to market perform), reflecting reduced near‑term confidence among some analysts. Benzinga
• Negative Sentiment: Market reaction: steep intraday/near‑term selling followed the earnings print and weak outlook, amplified by commentary about declining subscription trends and slower equipment upgrades. Barron’s

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.