Peloton Interactive (NASDAQ:PTON) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Peloton Interactive (NASDAQ:PTONGet Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04), Zacks reports. Peloton Interactive updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Peloton Interactive Price Performance

Shares of Peloton Interactive stock traded up $0.89 during trading on Thursday, hitting $8.47. 46,290,715 shares of the company’s stock traded hands, compared to its average volume of 12,315,382. The firm’s fifty day moving average price is $8.99 and its 200 day moving average price is $6.59. The company has a market cap of $3.23 billion, a PE ratio of -7.93 and a beta of 1.95. Peloton Interactive has a twelve month low of $2.70 and a twelve month high of $10.90.

Insider Activity at Peloton Interactive

In other news, CAO Saqib Baig sold 36,776 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $7.53, for a total transaction of $276,923.28. Following the completion of the sale, the chief accounting officer now owns 137,357 shares in the company, valued at $1,034,298.21. The trade was a 21.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Andrew S. Rendich sold 138,391 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $7.51, for a total transaction of $1,039,316.41. Following the transaction, the insider now owns 287,973 shares in the company, valued at approximately $2,162,677.23. The trade was a 32.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 395,813 shares of company stock valued at $3,041,724 in the last 90 days. 1.34% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PTON has been the subject of a number of research reports. Sanford C. Bernstein boosted their target price on Peloton Interactive from $4.25 to $6.50 and gave the stock a “market perform” rating in a report on Friday, November 1st. Truist Financial upped their price target on shares of Peloton Interactive from $6.00 to $10.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. BMO Capital Markets upped their target price on Peloton Interactive from $6.50 to $8.50 and gave the stock a “market perform” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. upped their target price on Peloton Interactive from $5.00 to $7.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Finally, Bank of America upgraded Peloton Interactive from an “underperform” rating to a “buy” rating and upped their price target for the stock from $3.75 to $9.00 in a report on Monday, November 4th. Sixteen equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Peloton Interactive presently has a consensus rating of “Hold” and a consensus price target of $7.10.

Read Our Latest Stock Report on PTON

Peloton Interactive Company Profile

(Get Free Report)

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.

Further Reading

Earnings History for Peloton Interactive (NASDAQ:PTON)

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