Peloton Interactive (NASDAQ:PTON) Price Target Cut to $6.00 by Analysts at Telsey Advisory Group

Peloton Interactive (NASDAQ:PTON) had its target price reduced by Telsey Advisory Group from $8.00 to $6.00 in a report released on Friday morning, MarketBeat.com reports. They currently have a market perform rating on the stock.

A number of other equities research analysts have also recently commented on PTON. UBS Group reiterated a “buy” rating on shares of Peloton Interactive in a research note on Tuesday. Morgan Stanley increased their price objective on shares of Peloton Interactive from $6.00 to $6.50 and gave the company an “equal weight” rating in a research report on Wednesday, November 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a research report on Friday, January 9th. Zacks Research upgraded shares of Peloton Interactive from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Finally, Guggenheim began coverage on shares of Peloton Interactive in a research note on Wednesday, December 10th. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Peloton Interactive presently has an average rating of “Moderate Buy” and a consensus target price of $9.26.

Peloton Interactive Stock Up 5.5%

Shares of PTON opened at $4.63 on Friday. The company has a 50 day moving average of $6.19 and a two-hundred day moving average of $7.08. Peloton Interactive has a twelve month low of $4.09 and a twelve month high of $10.25. The company has a market cap of $1.93 billion, a price-to-earnings ratio of -35.62, a price-to-earnings-growth ratio of 0.97 and a beta of 2.41.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter in the previous year, the firm posted ($0.24) earnings per share. The company’s quarterly revenue was down 2.5% on a year-over-year basis. On average, sell-side analysts expect that Peloton Interactive will post -0.36 EPS for the current year.

Insider Transactions at Peloton Interactive

In related news, COO Charles Peter Kirol sold 22,520 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $6.47, for a total transaction of $145,704.40. Following the completion of the transaction, the chief operating officer directly owned 81,001 shares in the company, valued at $524,076.47. The trade was a 21.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nick V. Caldwell sold 25,135 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $7.00, for a total value of $175,945.00. Following the sale, the insider directly owned 739,085 shares in the company, valued at $5,173,595. This represents a 3.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,107,129 shares of company stock valued at $7,708,694. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Eminence Capital LP acquired a new stake in shares of Peloton Interactive during the 2nd quarter worth approximately $112,681,000. DNB Asset Management AS boosted its holdings in Peloton Interactive by 142.4% during the fourth quarter. DNB Asset Management AS now owns 10,776,627 shares of the company’s stock worth $66,384,000 after buying an additional 6,331,510 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in Peloton Interactive during the fourth quarter valued at $30,533,000. Pacer Advisors Inc. purchased a new position in Peloton Interactive in the third quarter valued at $17,387,000. Finally, Ameriprise Financial Inc. raised its position in shares of Peloton Interactive by 5,654.6% in the third quarter. Ameriprise Financial Inc. now owns 1,705,661 shares of the company’s stock worth $15,351,000 after acquiring an additional 1,676,021 shares during the period. 77.01% of the stock is owned by institutional investors and hedge funds.

Peloton Interactive News Roundup

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.