Peloton Interactive (NASDAQ:PTON – Get Free Report) had its price objective cut by JPMorgan Chase & Co. from $9.00 to $6.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 29.59% from the stock’s current price.
A number of other brokerages also recently weighed in on PTON. Macquarie Infrastructure upped their target price on Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a report on Tuesday, November 11th. Citigroup cut their target price on shares of Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Peloton Interactive in a report on Friday, January 9th. Telsey Advisory Group cut their price objective on shares of Peloton Interactive from $8.00 to $6.00 and set a “market perform” rating for the company in a research report on Friday. Finally, Zacks Research upgraded shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. 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. According to data from MarketBeat, Peloton Interactive has a consensus rating of “Moderate Buy” and an average target price of $9.26.
Get Our Latest Stock Analysis on Peloton Interactive
Peloton Interactive Stock Performance
Peloton Interactive (NASDAQ:PTON – Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The firm had revenue of $656.50 million during the quarter, compared to analyst estimates of $675.04 million. During the same period in the previous year, the business posted ($0.24) earnings per share. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. On average, equities research analysts predict that Peloton Interactive will post -0.36 EPS for the current fiscal year.
Insider Activity at Peloton Interactive
In other Peloton Interactive news, CFO Elizabeth F. Coddington sold 21,820 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $6.31, for a total value of $137,684.20. Following the transaction, the chief financial officer directly owned 346,535 shares in the company, valued at approximately $2,186,635.85. This trade represents a 5.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jennifer Cunningham Cotter sold 131,495 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $6.64, for a total transaction of $873,126.80. Following the completion of the transaction, the insider owned 100,269 shares in the company, valued at $665,786.16. This represents a 56.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,107,129 shares of company stock valued at $7,708,694. 1.30% of the stock is currently owned by company insiders.
Institutional Trading of Peloton Interactive
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. grew its stake in Peloton Interactive by 1,602.6% in the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock valued at $37,000 after purchasing an additional 5,000 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Peloton Interactive in the 3rd quarter valued at approximately $48,000. MAI Capital Management grew its stake in shares of Peloton Interactive by 64.6% in the second quarter. MAI Capital Management now owns 5,498 shares of the company’s stock valued at $38,000 after buying an additional 2,158 shares in the last quarter. Quarry LP acquired a new position in Peloton Interactive during the third quarter worth $71,000. Finally, Farther Finance Advisors LLC raised its position in Peloton Interactive by 158.3% during the third quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock worth $72,000 after acquiring an additional 4,894 shares in the last quarter. 77.01% of the stock is owned by institutional investors.
Trending Headlines about Peloton Interactive
Here are the key news stories impacting Peloton Interactive this week:
- Positive Sentiment: Truist cut its price target to $9 from $12 but retained a “buy” rating, implying material upside from current levels — a signal that at least some sell‑side analysts still see recovery potential. Benzinga
- Positive Sentiment: Analyses highlighting Peloton’s price increases, cost controls and margin improvements argue the company is moving toward stronger EBITDA and cash flow, supporting a constructive longer‑term thesis despite near‑term revenue weakness. Seeking Alpha: Price Increases Pave The Path To Profit Jump
- Positive Sentiment: Unusually large call‑option activity (≈68k calls) indicates elevated bullish/speculative positioning that can amplify intra‑day rebounds. (No article link available)
- Neutral Sentiment: Macquarie lowered its target to $6 (from $12) but kept an “outperform” rating — a reduced valuation outlook but continued relative endorsement. Benzinga
- Neutral Sentiment: Telsey Advisory Group trimmed its target to $6 and set a “market perform” rating, reflecting more cautious near‑term expectations from another boutique research shop. Benzinga
- Negative Sentiment: Q2 results missed consensus: EPS ($0.09) vs. ($0.07) expected; revenue $656.5M vs. $675M expected, and revenue declined year‑over‑year. Management issued Q3 revenue guidance $605–$625M vs. consensus ~$638M — the core driver of the heavy sell‑off. Yahoo Finance: Peloton shares tumble as revenue misses
- Negative Sentiment: Peloton’s CFO Liz Coddington is leaving for Palmetto (appointment reported), creating near‑term leadership uncertainty during a sensitive turnaround phase. WSJ: Peloton CFO Coddington Leaving
- Negative Sentiment: Multiple outlets report a >20% intraday drop after the quarter as subscribers declined and equipment sales lagged following a product/price overhaul, underlining continued demand challenges. Yahoo Finance: Peloton Is Down 23.4%
Peloton Interactive Company Profile
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.
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