Peloton Interactive, Inc. Reports First Quarter Fiscal 2022 Financial Results

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Stifel Downgrades Peloton Interactive (PTON) to Hold

November 5, 2021 4:21 AM EDT

Stifel analyst Scott Devitt downgraded Peloton Interactive (NASDAQ: PTON) from Buy to Hold with a price target of $70.00 (from $120.00).

The analyst comments "We are lowering our rating to Hold following the rapid deterioration in the companys full year outlook, which was initially provided last... More

Peloton (PTON) Misses Q1 EPS by 18c, Cuts Q2 and FY Guidance

November 4, 2021 4:06 PM EDT

Peloton (NASDAQ: PTON) reported Q1 EPS of ($1.25), $0.18 worse than the analyst estimate of ($1.07). Revenue for the quarter came in at $805.2 million versus the consensus estimate of $810.76 million.

GUIDANCE:

Peloton sees Q2 2022 revenue of $1.1-1.2 billion, versus the consensus of $1.51... More