Peloton surges after David Einhorn says the stock is undervalued
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This stock is likely to deliver a beat and raise, according to Morgan Stanley strategists
October 28, 2024 8:30 PM EDTMorgan Stanley analysts are optimistic about Peloton's (NASDAQ: PTON) upcoming earnings, predicting the company will outperform expectations.
"We are optimistic heading into the print," Morgan Stanley stated, noting that their proprietary SWEAT tracker points to subscriber metrics surpassing guidance.
The SWEAT tracker is said to reveal that Pelotons net subscriber adds for the first fiscal quarter of 2025 (F1Q25) are... More
