Telsey Advisory Group Has Lowered Expectations for Peloton Interactive (NASDAQ:PTON) Stock Price

Peloton Interactive (NASDAQ:PTON) had its target price decreased by stock analysts at Telsey Advisory Group from $8.00 to $6.00 in a report issued on Friday, MarketBeat.com reports. The firm presently has a “market perform” rating on the stock. Telsey Advisory Group’s price target points to a potential upside of 29.59% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Macquarie Infrastructure lifted their target price on Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. Morgan Stanley lifted their price objective on shares of Peloton Interactive from $6.00 to $6.50 and gave the stock an “equal weight” rating in a report on Wednesday, November 19th. UBS Group reiterated a “buy” rating on shares of Peloton Interactive in a research note on Tuesday. Citigroup dropped their price target on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. Finally, Guggenheim began coverage on shares of Peloton Interactive in a research report on Wednesday, December 10th. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Peloton Interactive has a consensus rating of “Moderate Buy” and a consensus target price of $9.26.

Peloton Interactive Price Performance

Shares of NASDAQ PTON opened at $4.63 on Friday. The stock has a market capitalization of $1.93 billion, a P/E ratio of -35.62, a P/E/G ratio of 1.02 and a beta of 2.41. The company has a 50-day moving average price of $6.19 and a 200-day moving average price of $7.09. Peloton Interactive has a 1 year low of $4.09 and a 1 year high of $10.25.

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

Insider Activity at Peloton Interactive

In related news, insider Dion C. Sanders sold 124,047 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.22, for a total transaction of $895,619.34. Following the completion of the sale, the insider owned 111,036 shares in the company, valued at approximately $801,679.92. This trade represents a 52.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nick V. Caldwell sold 75,762 shares of Peloton Interactive stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $7.00, for a total transaction of $530,334.00. Following the completion of the sale, the insider directly owned 764,220 shares in the company, valued at approximately $5,349,540. This represents a 9.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,107,129 shares of company stock valued at $7,708,694 in the last 90 days. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Peloton Interactive

Institutional investors and hedge funds have recently bought and sold shares of the company. Eminence Capital LP purchased a new position in shares of Peloton Interactive during the 2nd quarter valued at $112,681,000. DNB Asset Management AS increased its holdings in Peloton Interactive by 142.4% in the 4th quarter. DNB Asset Management AS now owns 10,776,627 shares of the company’s stock worth $66,384,000 after acquiring an additional 6,331,510 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Peloton Interactive in the 4th quarter valued at about $30,533,000. Pacer Advisors Inc. bought a new stake in Peloton Interactive in the 3rd quarter valued at about $17,387,000. Finally, Ameriprise Financial Inc. lifted its holdings in Peloton Interactive by 5,654.6% during the third quarter. Ameriprise Financial Inc. now owns 1,705,661 shares of the company’s stock valued at $15,351,000 after purchasing an additional 1,676,021 shares during the last quarter. 77.01% of the stock is owned by institutional investors.

More Peloton Interactive News

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.