Peloton Interactive (NASDAQ:PTON) Earns “Market Perform” Rating from Telsey Advisory Group

Peloton Interactive (NASDAQ:PTON)‘s stock had its “market perform” rating reiterated by analysts at Telsey Advisory Group in a research note issued to investors on Thursday,Benzinga reports. They presently have a $8.00 target price on the stock. Telsey Advisory Group’s price target suggests a potential upside of 43.11% from the company’s current price.

Several other equities research analysts also recently commented on the company. Citigroup decreased their price objective on Peloton Interactive from $9.50 to $8.25 and set a “neutral” rating for the company in a report on Thursday, November 20th. Guggenheim started coverage on shares of Peloton Interactive in a research note on Wednesday, December 10th. They set a “neutral” rating for the company. Wall Street Zen downgraded shares of Peloton Interactive from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 price objective on shares of Peloton Interactive in a report on Thursday, October 2nd. Finally, Zacks Research upgraded shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a report 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. According to MarketBeat, Peloton Interactive has a consensus rating of “Moderate Buy” and an average target price of $9.72.

Peloton Interactive Trading Down 2.4%

Shares of NASDAQ PTON opened at $5.59 on Thursday. The firm has a market capitalization of $2.34 billion, a P/E ratio of -19.96, a P/E/G ratio of 1.73 and a beta of 2.40. The firm’s 50-day moving average price is $6.34 and its 200-day moving average price is $7.12. Peloton Interactive has a 1-year low of $4.63 and a 1-year high of $10.25.

Peloton Interactive (NASDAQ:PTON) last issued its earnings results on Thursday, November 6th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. The firm had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. The business’s revenue was down 6.0% on a year-over-year basis. Equities research analysts forecast that Peloton Interactive will post -0.36 EPS for the current year.

Insider Transactions at Peloton Interactive

In related news, CFO Elizabeth F. Coddington sold 21,820 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $6.31, for a total transaction of $137,684.20. Following the transaction, the chief financial officer directly owned 346,535 shares of the company’s stock, valued at $2,186,635.85. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Charles Peter Kirol sold 22,520 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $6.47, for a total transaction of $145,704.40. Following the transaction, the chief operating officer owned 81,001 shares in the company, valued at approximately $524,076.47. This trade represents a 21.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,107,129 shares of company stock worth $7,708,694. 1.30% of the stock is owned by insiders.

Institutional Trading of Peloton Interactive

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its position in Peloton Interactive by 342.6% in the first quarter. Royal Bank of Canada now owns 616,367 shares of the company’s stock worth $3,896,000 after purchasing an additional 477,106 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Peloton Interactive by 2.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 290,981 shares of the company’s stock worth $1,839,000 after purchasing an additional 6,921 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Peloton Interactive by 3,132.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,549 shares of the company’s stock worth $98,000 after buying an additional 15,068 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Peloton Interactive by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,056,642 shares of the company’s stock valued at $44,598,000 after buying an additional 1,503,680 shares during the period. Finally, Caxton Associates LLP purchased a new stake in Peloton Interactive during the first quarter worth about $282,000. 77.01% of the stock is owned by hedge funds and other institutional investors.

More Peloton Interactive News

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

• Positive Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating and set an $8 price target, signaling meaningful upside from current levels if Peloton executes. Telsey reaffirms market perform, $8 PT
• Positive Sentiment: The Motley Fool highlights that Peloton has reported positive net income and rising free cash flow in the last two quarters — a sign of improving profitability heading into the Feb. 5 earnings release. 1 Thing to Watch in Peloton’s Earnings on Feb. 5
• Neutral Sentiment: Analysts’ views are mixed across consumer cyclicals including Peloton, reflecting divergence on recovery timing and margin sustainability. Mixed analyst commentary can keep volatility elevated. Analysts’ Opinions Are Mixed
• Neutral Sentiment: Street calendars note Peloton is projected to report quarterly earnings on Feb. 5 — the upcoming print is the main near-term catalyst and could swing the stock depending on subscriber and guidance detail. Peloton Projected to Post Quarterly Earnings
• Negative Sentiment: Peloton announced plans to cut about 11% of its workforce as part of cost-cutting efforts. While layoffs reduce near-term expenses, they typically signal slowing growth or restructuring that may spook investors. Peloton cuts 11% of staff
• Negative Sentiment: Reporting highlights falling revenue and uncertainty around subscriber trends — the core business metric investors watch for recovery and sustained profitability. That pressure on top-line visibility is a key reason shares are under strain. Peloton Reset Faced With Falling Revenue

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.