Peloton Interactive (NASDAQ:PTON) Announces Earnings Results

Peloton Interactive (NASDAQ:PTON – Get Your Free Report ) announced its earnings results on Thursday. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.10, Briefing.com reports. The business had revenue of $644.00 million for the quarter, compared to the consensus estimate of $633.00 million. In the same quarter last year, the company posted EPS of ($0.68). Peloton Interactive’s revenue for the quarter was up 0.3% on a year-over-year basis. Peloton Interactive updated its FY 2025 EPS guidance and Q1 2025 EPS guidance.

Peloton Interactive trading up 6.4%

Shares of PTON stock opened at $4.84 on Friday. Peloton Interactive has a 1 year low of $2.70 and a 1 year high of $7.24. The firm has a market cap of $1.79 billion, a PE ratio of -2.29 and a beta of 2.02. The company’s 50-day moving average price is $3.48, and its two-hundred-day moving average price is $3.78.

Analysts on Wall Street are forecasting an increase

A number of equities research analysts have commented on PTON shares. Macquarie reissued a “neutral” rating and set a $2.53 price objective on shares of Peloton Interactive in a report on Thursday. TD Cowen upped their target price on shares of Peloton Interactive from $3.00 to $4.00 and gave the company a “hold” rating in a report on Friday. Roth Mkm boosted their price objective on Peloton Interactive from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. cut Peloton Interactive from an “overweight” rating to a “neutral” rating and cut their price target for the company from $7.00 to $5.00 in a research note on Friday. Finally, Morgan Stanley boosted their price target on Peloton Interactive from $2.50 to $3.50 and gave the stock an “equal weight” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $4.53, according to MarketBeat.

Read the latest stock analysis on Peloton Interactive

Insiders place their bets

In other news, CEO Chris Bruzzo sold 14,936 shares of Peloton Interactive stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $3.62, for a total transaction of $54,068.32. Following the transaction, the chief executive officer now owns 38,680 shares in the company, valued at approximately $140,021.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. In other news, CEO Chris Bruzzo sold 14,936 shares of the stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $3.62, for a total transaction of $54,068.32. Following the completion of the sale, the chief executive officer now owns 38,680 shares of the company’s stock, valued at $140,021.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. Also, CFO Elizabeth F. Coddington sold 8,923 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $3.68, for a total value of $32,836.64. Following the completion of the sale, the chief financial officer now owns 186,466 shares in the company, valued at $686,194.88. The disclosure for this sale can be found here. Insiders have sold 53,813 shares of company stock worth $187,715 over the last ninety days. 3.28% of shares are currently held by corporate insiders.

Peloton Interactive Company Profile

(Get a free report)

Peloton Interactive, Inc operates an interactive fitness platform in North America and internationally. The company offers touchscreen connected fitness products that stream live and on-demand classes under the names Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide and Peloton Row.

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