Peloton Interactive, Inc. Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results

Peloton Interactive (PTON) PT Raised to $6 at Roth/MKM

Roth/MKM analyst George Kelly raised the price target on Peloton Interactive (NASDAQ: PTON) to $6.00 (from $5.00) while maintaining a Buy rating.

The analyst comments "PTON's fiscal 4Q report and FY25 guide showed significant cost improvement, and its recent refi reduces financing risk. Additionally, management's... More

Peloton Interactive (PTON) PT Raised to $4.50 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the price target on Peloton Interactive (NASDAQ: PTON) to $4.50 (from $3.50) while maintaining a Neutral rating.

The analyst comments "Pelotons (PTON) 4FQ24 earnings report reflected a few key themes: a) a continued muted demand environment for the category and dynamics around the companys go-to-market strategy driving near-term subscriber headwinds, with limited visibility around a return to growth; b) despite the muted topline growth, the... More

Peloton Interactive (PTON) PT Raised to $4.75 at Citi

Citi analyst Ronald Josey raised the price target on Peloton Interactive (NASDAQ: PTON) to $4.75 (from $4.00) while maintaining a Neutral rating.

The analyst comments "Following FY4Q24 results, we are encouraged with Pelotons progress around improving profitability and delivering positive FCF as subscriber metrics... More

Peloton Interactive (PTON) PT Raised to $3.90 at Deutsche Bank

Deutsche Bank analyst Lee Horowitz raised the price target on Peloton Interactive (NASDAQ: PTON) to $3.90 (from $3.00) while maintaining a Hold rating.

The analyst comments "Peloton delivered better than expected 4Q results with Connected Fitness (CF) subs coming in at the... More

Peloton Interactive (PTON) PT Raised to $5 at Telsey

Telsey analyst Dana Telsey raised the price target on Peloton Interactive (NASDAQ: PTON) to $5.00 (from $4.00) while maintaining a Market Perform rating.

The analyst comments "TAG View: Peloton reported better-than-expected earnings in 4QF24 and guided to adjusted EBITDA for FY25 of $200MM-$250MM, much higher than the FactSet (FS) consensus estimate of $110MM and near the $253MM it generated at the peak in FY21... More

BMO Capital Reiterates Market Perform Rating on Peloton Interactive (PTON)

BMO Capital analyst Simeon Siegel reiterated a Market Perform rating and $6.50 price target on Peloton Interactive (NASDAQ: PTON)

The analyst comments "4Q showed willingness to do more with less, forgoing topline for EBITDA/cash (this quarter and guidance). We commend focusing on... More

Needham Reiterates Hold Rating on Peloton Interactive (PTON)

Needham analyst Bernie McTernan reiterated a Hold rating on Peloton Interactive (NASDAQ: PTON).

The analyst comments "PTON reported EBITDA results for FY4Q adj. and FY1Q/FY25 guidance well ahead of consensus expectations with better margins more than offsetting lower revenue. While... More

Peloton shares jump on earnings beat, revenue growth

Peloton (NASDAQ: PTON) shares surged 16.7% in premarket trading on Thursday after the fitness equipment maker reported better-than-expected fourth-quarter results and returned to revenue growth for the first time in two years.

The company posted a narrower-than-anticipated loss of $0.08 per share, beating analyst estimates of a $0.17 loss. Revenue came in at... More

Peloton (PTON) Tops Q4 EPS by 9c, Offers Guidance

Peloton (NASDAQ: PTON) reported Q4 EPS of ($0.08), $0.09 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $643.6 million versus the consensus estimate of $628.47 million.

GUIDANCE:

Peloton sees FY2025 revenue of $2.4-2.5 billion, versus the consensus of $2.69... More