Peloton (PTON) Guides Q2 Revenue of $580M-$600M vs $648M Guidance
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Peloton Interactive (PTON) PT Lowered to $9 at Roth/MKM, 'Another Messy Quarter; NT Demand Outlook Remains Unclear'
August 24, 2023 5:57 AM EDTRoth/MKM analyst George Kelly lowered the price target on Peloton Interactive (NASDAQ: PTON) to $9.00 (from $11.00) while maintaining a Buy rating.
The analyst comments "PTON's 4Q23 report showed continued consumer demand challenges and one-time issues that negatively impacted revenue growth and... More
Peloton Interactive (PTON) PT Lowered to $8 at BMO Capital
August 23, 2023 5:13 PM EDTBMO Capital analyst Simeon Siegel lowered the price target on Peloton Interactive (NASDAQ: PTON) to $8.00 (from $9.50) while maintaining a Market Perform rating.
The analyst commented, "4Q was yet another disappointing quarter. As weve highlighted for some time, we fear growing churn, slipping engagement, and... More
Peloton Interactive (PTON) PT Lowered to $9 at Barclays
August 23, 2023 4:35 PM EDTBarclays analyst Mario Lu lowered the price target on Peloton Interactive (NASDAQ: PTON) to $9.00 (from $17.00) while maintaining a Overweight rating.
The analyst commented, "Despite a large pullback in PTON shares today, FCF and Connected Fitness gross margin excluding one-time charges... More
Peloton (PTON) Misses Q4 EPS by 28c, Q1 Guidance Misses
August 23, 2023 7:08 AM EDTPeloton (NASDAQ: PTON) reported Q4 EPS of ($0.68), $0.28 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $642.1 million versus the consensus estimate of $641.01 million.
GUIDANCE:
Peloton sees Q1 2024 revenue of $580-600 million, versus the consensus of $647.8... More
