Peloton (PTON) Sees FY Revenue of $3.7 to $3.8 Billion
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Peloton Interactive (PTON) PT Raised to $46 at Baird
February 8, 2022 1:55 PM ESTBaird analyst Jonathan Komp raised the price target on Peloton Interactive (NASDAQ: PTON) to $46.00 while maintaining an Outperform rating following results, a business update, and management changes.
The analyst commented, "We are highly encouraged to see PTON initiate the steps needed to bolster... More
Peloton (PTON) Pares Decline After Releasing Guidance, Announcing Cost Reductions and Management Changes
February 8, 2022 7:45 AM ESTPeloton (NASDAQ: PTON) Pares Decline After Releasing Guidance, Announcing Cost Reductions and Management Changes
Shares are still down 1.5% after earlier trading down 14%... More
Peloton (PTON) Releases Shareholder Letter
February 8, 2022 7:15 AM ESTPeloton (NASDAQ: PTON) updated its guidance in a letter to shareholders.
From the letter:
Q2 ending Connected Fitness Subscriptions grew 66% to 2.77 million and paid Digital Subscriptions grew 38% to 862 thousand; total Members grew to over 6.6 millionQ2 total revenue grew 6% to $1,133.9 millionQ2 Connected Fitness... More