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

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

Peloton Interactive (PTON) PT Lowered to $105 at Needham & Company

November 5, 2021 7:35 AM EDT

Needham & Company analyst Bernie McTernan lowered the price target on Peloton Interactive (NASDAQ: PTON) to $105.00 (from $130.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating and lower our target to $105 primarily driven by a lower target multiple... More

Peloton Interactive (PTON) PT Lowered to $100 at Cowen

November 5, 2021 6:48 AM EDT

Cowen analyst John Blackledge lowered the price target on Peloton Interactive (NASDAQ: PTON) to $100.00 (from $130.00) while maintaining an Outperform rating.

The analyst commented, "PTON reported solid F1Q22 results, as net adds beat while rev was in line & EBITDA was a... More

Peloton Interactive (PTON) PT Lowered to $64 at Goldman Sachs

November 5, 2021 6:31 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Peloton Interactive (NASDAQ: PTON) to $64.00 (from $110.00) while maintaining a Neutral rating.

The analyst commented, "The dominant theme of PTONs 1FQ22 earnings report was the downtick in its forward guidance as a mix of demand... More

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) Stock Plummets 27% Following Q1 Miss and Lowered Outlook

November 4, 2021 5:48 PM EDT

Peloton (NASDAQ: PTON) shares were trading more than 27% lower after-hours following the companys reported Q1 results, with EPS coming in at ($1.25), worse than the consensus estimate of ($1.07). Quarterly revenue grew just 6% to $805.2 million, compared to the consensus estimate of $810.76 million.

The... More