Peloton Interactive (NASDAQ:PTON) Given New $6.00 Price Target at JPMorgan Chase & Co.

Peloton Interactive (NASDAQ:PTON) had its price target lowered by JPMorgan Chase & Co. from $9.00 to $6.00 in a report issued on Friday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

PTON has been the topic of several other reports. Truist Financial dropped their price objective on shares of Peloton Interactive from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Friday. UBS Group restated a “buy” rating on shares of Peloton Interactive in a research report on Tuesday. Citigroup decreased their target price on Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. Morgan Stanley boosted their price objective on Peloton Interactive from $6.00 to $6.50 and gave the stock an “equal weight” rating in a report on Wednesday, November 19th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Peloton Interactive in a research note on Friday, January 9th. One equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat, Peloton Interactive has an average rating of “Moderate Buy” and an average price target of $9.26.

Peloton Interactive Price Performance

NASDAQ PTON opened at $4.63 on Friday. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -35.62, a PEG ratio of 0.97 and a beta of 2.41. Peloton Interactive has a one year low of $4.09 and a one year high of $10.25. The business’s fifty day moving average is $6.19 and its 200-day moving average is $7.08.

Peloton Interactive (NASDAQ:PTON) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The business had revenue of $656.50 million for the quarter, compared to analyst estimates of $675.04 million. During the same quarter last year, the company posted ($0.24) earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. Research analysts expect that Peloton Interactive will post -0.36 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jennifer Cunningham Cotter sold 148,432 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $7.22, for a total transaction of $1,071,679.04. Following the completion of the sale, the insider directly owned 231,764 shares in the company, valued at $1,673,336.08. This represents a 39.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Nick V. Caldwell sold 75,762 shares of the firm’s stock in a transaction on 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 trade represents a 9.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,107,129 shares of company stock valued at $7,708,694 over the last quarter. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Peloton Interactive

Large investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. boosted its stake in shares of Peloton Interactive by 1,602.6% during the 2nd 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. MAI Capital Management boosted its position in Peloton Interactive by 64.6% during the 2nd quarter. MAI Capital Management now owns 5,498 shares of the company’s stock valued at $38,000 after acquiring an additional 2,158 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Peloton Interactive during the 3rd quarter worth approximately $48,000. Quarry LP bought a new position in shares of Peloton Interactive in the 3rd quarter worth approximately $71,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Peloton Interactive by 158.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock valued at $72,000 after purchasing an additional 4,894 shares during the period. 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.