Why is everyone talking about peloton stock?
Peloton (NASDAQ:PTON) has been in the news quite a bit lately -- and often for less-than-ideal reasons. From staff layoffs and a CEO change to lowered guidance, supply chain issues, and insider ...
Should investors be worried about peloton stock?
That's a stellar growth rate, but investors are worried about a slowdown in monthly workouts. Peloton's subscribers pay the same monthly fee regardless of how many times they use their equipment. Therefore, investors should be more focused on customer retention than average workouts, because that's how the financials work.
Who would buy peloton?
Peloton Interactive (NASDAQ: PTON) has been making headlines in recent months as its struggling business is giving rise to conversations about a potential takeover. Some of the companies being suggested as possible suitors for Peloton include Nike, Apple, Amazon, and Sony. Another that has people talking is Walt Disney (NYSE: DIS).
Is it time to sell peloton stock?
This adds up to a cash crunch for Peloton sometime in the near future if this trend continues. And that is not going to fare well for PTON stock. However, the stock has been a favorite of analysts. The problem is that PTON stock has been falling this year. It ended last year at $151.72. As of Sept. 23, it was down $57.34 to just $94.38 per share.
Is Peloton Interactive a buy right now?
30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peloton Interactive in the last year. There are currently 14 hol...
When is Peloton Interactive's next earnings date?
Peloton Interactive is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022. View our earnings forecast for...
How were Peloton Interactive's earnings last quarter?
Peloton Interactive, Inc. (NASDAQ:PTON) announced its quarterly earnings data on Tuesday, May, 10th. The company reported ($2.27) EPS for the quart...
What guidance has Peloton Interactive issued on next quarter's earnings?
Peloton Interactive updated its fourth quarter 2022 earnings guidance on Tuesday, May, 24th. The company provided earnings per share (EPS) guidance...
What price target have analysts set for PTON?
30 brokerages have issued 12 month target prices for Peloton Interactive's shares. Their forecasts range from $11.00 to $120.00. On average, they a...
Who are Peloton Interactive's key executives?
Peloton Interactive's management team includes the following people: Mr. John Paul Foley , Co-Founder & Exec. Chairman (Age 50, Pay $1M) ( Linke...
What is John Foley's approval rating as Peloton Interactive's CEO?
125 employees have rated Peloton Interactive CEO John Foley on Glassdoor.com . John Foley has an approval rating of 92% among Peloton Interactive'...
Who are some of Peloton Interactive's key competitors?
Some companies that are related to Peloton Interactive include Callaway Golf (ELY) , YETI (YETI) , Acushnet (GOLF) , SPORTS DIRECT I/ADR (SDISY...
What other stocks do shareholders of Peloton Interactive own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Peloton Interactive investors own include NVIDIA (NVDA) ,...
Is Peloton Interactive stock a Buy, Sell or Hold?
Peloton Interactive stock has received a consensus rating of buy. The average rating score is and is based on 69 buy ratings, 22 hold ratings, and...
What was the 52-week low for Peloton Interactive stock?
The low in the last 52 weeks of Peloton Interactive stock was 11.25. According to the current price, Peloton Interactive is 128.98% away from the 5...
What was the 52-week high for Peloton Interactive stock?
The high in the last 52 weeks of Peloton Interactive stock was 129.70. According to the current price, Peloton Interactive is 11.19% away from the...
What are analysts forecasts for Peloton Interactive stock?
The 96 analysts offering price forecasts for Peloton Interactive have a median target of 94.27, with a high estimate of 200.00 and a low estimate o...
About Peloton Interactive
Headlines
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes.
Peloton Interactive (NASDAQ:PTON) Frequently Asked Questions
New Peloton Lanebreak Similar To Video Game: Is It More Than Meets The Eye?
Description
29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peloton Interactive in the last twelve months. There are currently 1 sell rating, 14 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Peloton Interactive stock.
Corporate Governance
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names.
No. 1 Demand Was Pulled Forward
Peloton Interactive, Inc.’s ISS Governance QualityScore as of February 1, 2022 is 10. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 10; Compensation: 10.
No. 2 Peloton Stock Botched Crisis Management
Peloton was most definitely a pandemic winner. As I said, it was in a perfect position in 2020. Gyms were closed and people were stuck at home. This created the perfect storm for Peloton to crush sales of its stationary bike. Along with its sales, Peloton’s stock price surged.
No. 4 Management Cashing Out
In March 2021, a child died in an accident involving a Peloton product. This caused the US Consumer Product Safety Commission to come out and advise people with children or small pets against using Peloton products. Obviously, a child dying due to one of your products is never considered good PR.
No. 5 Rapidly Changing Direction
A new report shows that Peloton’s management team cashed out major positions a few months back. By “major positions” I mean they sold about $500 million worth of stock. Hmm… yikes.
No. 6 Halting Production Of Bikes
To help stop the bleeding, Peloton hired McKinsey, a major consulting firm. It basically brought in McKinsey to help review its cost structure. After “reviewing its cost structure” the verdict was to lay off about 40% of its staff. So, just to clarify.
Is Peloton Stock A Buy?
Cutting the price of your product is already not a great sign. Do you know what’s even worse? Halting the production of new products. Peloton stock announced that it is halting the production of new bikes. This is mainly due to soft demand and an attempt to cut costs.
1. Research Peloton stock (aka, know your ride)
So, Peloton stock is down big. Does this create a perfect opportunity to buy the dip?
2. See how Peloton stock fits in your portfolio
Ready to race to the starting line — that is, buy shares of Peloton? Before you buy any stock, it’s important to understand the company you’re supporting with your hard-earned dollars. You don’t want your ride with Peloton to be spoiled by major potholes.
3. Decide how much you want to invest
Balance is important on a bike (even a stationary one), and so it is as well in your portfolio. If you’ve decided you like Peloton as a company, next assess how the stock would slot in alongside your other investments.
Peloton Stock Earnings
If you like Peloton, and the stock fits alongside your other investments, it's time to think about how many shares to buy. But there's more to such a decision than the simple math of the amount of money you have divided by the share price.
Amazon, Nike To Buy Peloton?
Peloton reported wider-than-expected losses for fiscal Q2 and slashed full-year revenue targets. The connected fitness platform reported a net loss $1.39 per share, or $439.4 million. Total revenue grew roughly 6% year over year to $1.13 billion.
PTON Stock Skids After Production Pause
Peloton's recent stock slump drew calls for a potential sale from an activist investor. The connected-fitness platform had interest from a number of potential suitors, according to an exclusive from The Wall Street Journal.
Peloton Stock Fundamental Analysis
Peloton stock crashed on Jan. 20 after reports that the exercise equipment maker would temporarily halt production of bikes and treadmills. Peloton has struggled to keep up with slowing demand as gyms and in-person fitness classes reopen.
PTON Stock Technical Analysis
To determine whether Peloton stock is a buy now, fundamental and technical analysis is key.
Peloton Stock: A Buy Right Now?
After a huge run in 2020, Peloton stock sold off throughout 2021, especially since September. PTON stock surged this week on buyout buzz to move above its 50-day line for the first time since October. However, shares still remain near 22-month lows. PTON stock is roughly 79% below its January 2021 all-time high of 171.09.
What happened
The long-term outlook for Peloton remains intriguing, but the technical picture is weak.
So what
The news at Peloton Interactive ( PTON -5.64% ), a one-time darling of the pandemic trade, went from bad to worse on Thursday, as media reports described first a planned layoff of 41% of the company's sales and marketing staff -- and then a shutdown of production.
Premium Investing Services
Yesterday, reports from Business Insider of a Peloton plan to lay off 41% of its sales and marketing staff had no immediate impact on Peloton's stock price -- to the contrary, the shares gained more than 5%, presumably on hopes that layoffs would cut costs and boost profits at the exercise bike maker.
I love Peloton, but there is a limit on how many Peloton bikes I will buy, which is one
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Planning in a pandemic: Hard (but high-paid executives are supposed to be good at it)
I bought my Peloton bike in June 2020. Things were not good for me in the sense that I barely left my home, which is why they were so good for Peloton. I spent upward of $2,000 on it and waited two months for it to be delivered.