Free Trial

Peloton Interactive (PTON) Stock Price, News & Analysis

Peloton Interactive logo
$8.36 +0.42 (+5.29%)
(As of 11/20/2024 ET)

About Peloton Interactive Stock (NASDAQ:PTON)

Key Stats

Today's Range
$7.77
$8.42
50-Day Range
$4.27
$8.90
52-Week Range
$2.70
$8.97
Volume
16.02 million shs
Average Volume
26.12 million shs
Market Capitalization
$3.19 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.75
Consensus Rating
Hold

Company Overview

Peloton Interactive, Inc. is a renowned technology company specializing in interactive fitness products and services. The company's primary objective is to harness the power of technology and media to bring the benefits of high-quality fitness classes directly into the homes of individuals across the globe. With its headquarters located in New York City, Peloton operates in multiple countries, including North America, the United Kingdom, Germany, and Canada.

Peloton offers a wide range of connected fitness products, including stationary bicycles, treadmills, and fitness accessories. These products are seamlessly integrated with live and on-demand fitness classes, allowing users to participate in instructor-led workouts from their homes. The company's platform combines cutting-edge hardware, software, and content to create an immersive and engaging fitness experience. Users can access an extensive library of classes taught by world-class instructors in various disciplines, such as cycling, running, strength training, yoga, and meditation.

The target market for Peloton consists of health-conscious individuals who prioritize convenience and seek personalized fitness experiences. The company's products and services cater to beginners and advanced fitness enthusiasts, enabling users to customize their workouts according to their preferences and fitness goals. Peloton's interactive platform fosters community and connectivity, allowing users to engage with instructors and fellow participants, enhancing the overall fitness experience.

A highly experienced management team leads Peloton Interactive, Inc. with diverse backgrounds and expertise in technology, fitness, and consumer products. The Chief Executive Officer, Barry McCarthy, has driven Peloton's growth and success. With his extensive leadership experience, including past positions at Netflix and Pandora Media, McCarthy brings valuable insights and strategic guidance to the company. As a co-founder of Peloton and Chief Product Officer, Thomas Cortese has been instrumental in shaping the company's product vision and development. With a deep understanding of the fitness industry, Cortese plays a vital role in enhancing the user experience and driving innovation.

Recently Pelaton has experienced many challenges that have resulted in declining valuation numbers. Peloton's performance should be viewed in the context of the broader fitness industry.

Factors driving Peloton's valuation include its position as a market leader in the connected fitness industry, its large customer base, and the potential for continued expansion into new markets. Both positive and negative factors, including revenue growth, increased competition, and market volatility, have influenced recent changes in investor sentiment. It is crucial for investors to closely monitor these factors to assess the potential impact on Peloton's valuation.

Peloton's stock performance has been notable, with significant price movements and fluctuations in trading volume. The company's stock experienced a surge in demand during the COVID-19 pandemic as more individuals sought at-home fitness solutions. However, the stock has also been subject to volatility, influenced by factors such as market sentiment, competition, and broader economic conditions.

Recent news and events that may have affected Peloton's share price include product recalls due to safety concerns and increased competition in the connected fitness space. These developments have prompted investors to reassess their expectations and consider potential risks. As the market landscape evolves, investors must stay informed and monitor any significant changes that may impact Peloton's stock performance.

Peloton operates in the broader fitness industry, which has experienced significant growth and transformation in recent years. The industry is characterized by evolving consumer preferences, technological advancements, and increasing demand for convenient fitness solutions. Peloton faces competition from traditional fitness establishments and emerging players in the connected fitness space.

The company's competitive positioning stems from its integrated platform, high-quality content, and strong brand recognition. Peloton's ability to create an immersive fitness experience and foster a sense of community gives it a competitive advantage in the market. However, the industry is highly dynamic, and Peloton must continue to innovate and adapt to changing trends and consumer demands.

Regulatory and political factors can also impact the fitness industry. Changes in safety, data privacy, and intellectual property regulations can affect Peloton's operations. Additionally, shifts in political landscapes or government policies may affect the company's expansion plans and international operations.

Peloton has several growth opportunities to capitalize on in the coming years. One key area is the launch of new products and services. The company has the potential to introduce innovative fitness equipment, expand its content library and further enhance its platform to cater to a broader range of fitness preferences.

Acquisitions and strategic partnerships also present growth avenues for Peloton. By acquiring complementary businesses or collaborating with established brands, the company can expand its market reach and diversify its offerings. Furthermore, Peloton has the opportunity to explore new international markets and expand its customer base globally.

Peloton's competitive advantages lie in its strong brand recognition, loyal customer base, and integrated platform. These factors position the company to pursue growth opportunities and maintain its leadership in the connected fitness industry.

Peloton faces various risks and challenges that could impact its future performance like any business. Changes in consumer preferences and shifts in the competitive landscape could affect demand for Peloton's products and services. The company must continuously innovate and stay ahead of emerging trends to retain its market position.

Regulatory changes and legal challenges pose potential risks for Peloton. Compliance with safety regulations, intellectual property protection, and privacy laws is crucial for the company's operations. Any failure to address these areas adequately could result in reputational damage or legal repercussions.

Competition is another significant challenge for Peloton. The fitness industry is highly competitive, with established players and new entrants vying for market share. Peloton must stay attuned to market trends, invest in research and development and continue delivering high-quality experiences to maintain its competitive edge.

Effective risk management strategies, including diversification of product offerings, strong customer relationships, and continuous monitoring of industry trends, can help Peloton mitigate potential risks and navigate challenges successfully.

Peloton Interactive Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
69th Percentile Overall Score

PTON MarketRank™: 

Peloton Interactive scored higher than 69% of companies evaluated by MarketBeat, and ranked 117th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Peloton Interactive has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 15 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Peloton Interactive has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Peloton Interactive's stock forecast and price target.
  • Earnings Growth

    Earnings for Peloton Interactive are expected to grow in the coming year, from ($0.38) to ($0.33) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Peloton Interactive is -7.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Peloton Interactive is -7.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Peloton Interactive's valuation and earnings.
  • Percentage of Shares Shorted

    16.97% of the outstanding shares of Peloton Interactive have been sold short.
  • Short Interest Ratio / Days to Cover

    Peloton Interactive has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Peloton Interactive has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Peloton Interactive does not currently pay a dividend.

  • Dividend Growth

    Peloton Interactive does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    16.97% of the outstanding shares of Peloton Interactive have been sold short.
  • Short Interest Ratio / Days to Cover

    Peloton Interactive has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Peloton Interactive has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Peloton Interactive has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Peloton Interactive this week, compared to 13 articles on an average week.
  • Search Interest

    47 people have searched for PTON on MarketBeat in the last 30 days. This is an increase of 161% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Peloton Interactive to their MarketBeat watchlist in the last 30 days. This is an increase of 325% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Peloton Interactive insiders have sold 2,729.47% more of their company's stock than they have bought. Specifically, they have bought $133,182.00 in company stock and sold $3,768,339.00 in company stock.

  • Percentage Held by Insiders

    Only 1.34% of the stock of Peloton Interactive is held by insiders.

  • Percentage Held by Institutions

    77.01% of the stock of Peloton Interactive is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Peloton Interactive's insider trading history.
Receive PTON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Peloton Interactive and its competitors with MarketBeat's FREE daily newsletter.

PTON Stock News Headlines

Stock market or forex trading graph and candlestick chart suitab — Photo
2 Former Pandemic Darlings Eyeing a Big 2025 Turnaround
The pandemic triggered a boom in stocks that accommodated physical isolation, convenient access from home and fitness. Many of these stocks hit unbelie
My #1 Pre IPO Trade for 2025 – NAME and TICKER
One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...
Peloton price target raised to $6.20 from $3.90 at Deutsche Bank
See More Headlines

PTON Stock Analysis - Frequently Asked Questions

Peloton Interactive's stock was trading at $6.09 on January 1st, 2024. Since then, PTON stock has increased by 37.3% and is now trading at $8.36.
View the best growth stocks for 2024 here
.

Peloton Interactive, Inc. (NASDAQ:PTON) announced its quarterly earnings data on Thursday, October, 31st. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The firm's revenue for the quarter was down 1.6% on a year-over-year basis.

Peloton Interactive (PTON) raised $1.1 billion in an initial public offering on Thursday, September 26th 2019. The company issued 40,000,000 shares at $26.00-$29.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, UBS Investment Bank, Cowen, Canaccord Genuity, Evercore ISI, JMP Securities, KeyBanc Capital Markets, Needham & Company, Oppenheimer, Raymond James, Stifel, SunTrust Robinson Humphrey, William Blair, Telsey Advisory Group, Academy Securities, Siebert Cisneros Shank, R. Seelaus and The Williams Capital Group were co-managers.

Top institutional shareholders of Peloton Interactive include Gtcr LLC (3.67%), Geode Capital Management LLC (2.12%), State Street Corp (2.05%) and Two Sigma Advisers LP (1.95%). Insiders that own company stock include Andrew S Rendich, Elizabeth F Coddington, Karen Boone, Chris Bruzzo, Saqib Baig, Jennifer Cunningham Cotter, Nick V Caldwell, Allen J Klingsick, Thomas Cortese, Kevin Cornils, Jill Woodworth, William Lynch and Mariana Garavaglia.
View institutional ownership trends
.

Shares of PTON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Peloton Interactive investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), Netflix (NFLX) and Zoom Video Communications (ZM).

Company Calendar

Last Earnings
10/31/2024
Today
11/20/2024
Next Earnings (Estimated)
2/06/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
Recreation
Current Symbol
NASDAQ:PTON
Fax
N/A
Employees
2,918
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.75
High Stock Price Target
$10.00
Low Stock Price Target
$3.50
Potential Upside/Downside
-19.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
18 Analysts

Profitability

Net Income
$-551,900,000.00
Pretax Margin
-14.63%

Debt

Sales & Book Value

Annual Sales
$2.70 billion
Book Value
($1.38) per share

Miscellaneous

Free Float
376,347,000
Market Cap
$3.19 billion
Optionable
Optionable
Beta
1.93
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

This page (NASDAQ:PTON) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners