Peloton Interactive’s (PTON) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Peloton Interactive (NASDAQ:PTON) in a research report sent to investors on Thursday morning,Benzinga reports. Telsey Advisory Group currently has a $8.00 price objective on the stock.

PTON has been the subject of several other research reports. Morgan Stanley upped 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 note on Wednesday, November 19th. Zacks Research raised Peloton Interactive from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a research report on Friday, January 9th. Truist Financial lifted their price target on Peloton Interactive from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Macquarie boosted their price objective on Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Peloton Interactive presently has an average rating of “Moderate Buy” and a consensus price target of $9.72.

Peloton Interactive Stock Down 2.4%

Shares of PTON opened at $5.59 on Thursday. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of -19.96, a price-to-earnings-growth ratio of 1.73 and a beta of 2.40. Peloton Interactive has a 52-week low of $4.63 and a 52-week high of $10.25. The stock has a 50 day moving average price of $6.34 and a 200 day moving average price of $7.12.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $550.80 million for the quarter, compared to analysts’ expectations of $540.61 million. The business’s revenue was down 6.0% on a year-over-year basis. On average, equities analysts anticipate that Peloton Interactive will post -0.36 EPS for the current fiscal year.

Insider Activity at Peloton Interactive

In related news, insider Nick V. Caldwell sold 25,135 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $7.00, for a total transaction of $175,945.00. Following the completion of the sale, the insider directly owned 739,085 shares of the company’s stock, valued at $5,173,595. This trade represents a 3.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Charles Peter Kirol sold 22,520 shares of Peloton Interactive 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 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 disclosure for this sale is available in the SEC filing. Insiders sold 1,107,129 shares of company stock worth $7,708,694 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Peloton Interactive

Several hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. increased its stake in shares of Peloton Interactive by 1,602.6% during the second quarter. Bessemer Group Inc. now owns 5,312 shares of the company’s stock worth $37,000 after acquiring an additional 5,000 shares during the period. Advisory Services Network LLC purchased a new stake in Peloton Interactive in the 3rd quarter valued at approximately $48,000. MAI Capital Management boosted its holdings in Peloton Interactive by 64.6% in the 2nd quarter. MAI Capital Management now owns 5,498 shares of the company’s stock valued at $38,000 after purchasing an additional 2,158 shares in the last quarter. Quarry LP acquired a new position in Peloton Interactive during the 3rd quarter worth approximately $71,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Peloton Interactive by 158.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,986 shares of the company’s stock worth $72,000 after buying an additional 4,894 shares in the last quarter. Institutional investors and hedge funds own 77.01% of the company’s stock.

Peloton Interactive News Roundup

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.