Peloton shares jump on earnings beat, revenue growth

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

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

The analyst comments "Maintaining Neutral rating, raising adjusted EBITDA and price target to $4.75 (12X NTM EV/EBITDA) amid improved profitability. FQ4 revenue/adjusted... More

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 posts small rise in sales as turnaround takes root, shares jump

By Kannaki Deka

(Reuters) -Peloton Interactive reported its first sales increase in nine quarters and beat estimates, indicating that the fitness equipment maker's years-long turnaround efforts were paying off, sending its shares surging 28% on Thursday.

The restructuring aims to stanch a slump in sales of its high-end, at-home equipment following a boom during the pandemic as customers cut back on discretionary spending in the face of elevated interest rates and sticky inflation.

Peloton reported a 0.2% rise in sales for the fourth quarter, the... 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

Peloton (PTON) call put ratio 7 calls to 1 put into quarter results

Peloton (NASDAQ: PTON) August 23 weekly call option implied volatility is at 360, September is at 141; compared to its 52-week range of 67 to 134 into the expected release of quarter results before the bell on August 22. Call put ratio 7 calls to 1 put with focus on August 23 weekly 3.5 and 4 calls.

Peloton's earnings to draw focus on CEO search, efforts to grow subscribers

By Kannaki Deka

(Reuters) - Peloton Interactive's investors will look for updates on its CEO appointment and efforts to grow subscribers in fiscal 2025 when the fitness equipment maker reports results on Thursday.

The fitness equipment maker has struggled to bounce back from a sales slump after a pandemic-led boom and has aggressively implemented a turnaround plan, including job cuts, to revive growth and break its loss-making streak.

Some analysts expect a softer subscriber growth for fiscal 2025 as the company, which offers exclusive workout content subscriptions that can be synchronized with... More

Peloton (PTON) September 3.5 and 4.5 calls active into quarter results

Peloton (NASDAQ: PTON) August 23 weekly 3 straddle priced for a move of 22% into the expected release of quarter results before the bell on August 22. Call put ratio 16.5 calls to 1 put with a focus on September 3.5 and 4.5 calls.