Brokerages Set Peloton Interactive, Inc. (NASDAQ:PTON) Price Target at $9.86

Peloton Interactive, Inc. (NASDAQ:PTON) has been assigned a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $9.9458.

PTON has been the topic of a number of research reports. UBS Group upgraded shares of Peloton Interactive from a “neutral” rating to a “buy” rating and upped their target price for the company from $7.50 to $11.00 in a research report on Wednesday, July 30th. Morgan Stanley increased their price objective on shares of Peloton Interactive from $4.00 to $5.75 and gave the company an “equal weight” rating in a report on Monday, August 4th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Peloton Interactive in a research note on Thursday, October 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Finally, Macquarie upped their target price on shares of Peloton Interactive from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Tuesday.

Insiders Place Their Bets

In related news, CFO Elizabeth F. Coddington sold 238,664 shares of Peloton Interactive stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.85, for a total transaction of $1,873,512.40. Following the transaction, the chief financial officer owned 346,535 shares of the company’s stock, valued at $2,720,299.75. This trade represents a 40.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer Cunningham Cotter sold 110,235 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $8.05, for a total transaction of $887,391.75. Following the completion of the sale, the insider directly owned 100,269 shares of the company’s stock, valued at $807,165.45. The trade was a 52.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,834,177 shares of company stock worth $14,655,695 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Peloton Interactive

Hedge funds have recently added to or reduced their stakes in the business. Eminence Capital LP acquired a new position in Peloton Interactive in the second quarter valued at about $112,681,000. T. Rowe Price Investment Management Inc. raised its position in shares of Peloton Interactive by 29.4% during the first quarter. T. Rowe Price Investment Management Inc. now owns 21,760,678 shares of the company’s stock worth $137,528,000 after purchasing an additional 4,940,422 shares during the period. Nuveen LLC bought a new position in shares of Peloton Interactive during the 1st quarter valued at about $23,239,000. DNB Asset Management AS grew its position in shares of Peloton Interactive by 592.6% in the 2nd quarter. DNB Asset Management AS now owns 3,711,752 shares of the company’s stock valued at $25,760,000 after purchasing an additional 3,175,861 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Peloton Interactive by 6.2% in the 1st quarter. Vanguard Group Inc. now owns 37,246,652 shares of the company’s stock valued at $235,399,000 after purchasing an additional 2,186,862 shares during the period. Institutional investors and hedge funds own 77.01% of the company’s stock.

Peloton Interactive Price Performance

PTON stock opened at $7.46 on Monday. The firm has a market capitalization of $3.04 billion, a P/E ratio of -26.64, a P/E/G ratio of 2.31 and a beta of 2.33. Peloton Interactive has a 52-week low of $4.63 and a 52-week high of $10.90. The company’s 50 day simple moving average is $7.80 and its 200-day simple moving average is $7.27.

Peloton Interactive (NASDAQ:PTON) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $550.80 million during the quarter, compared to analyst estimates of $540.61 million. Peloton Interactive’s quarterly revenue was down 6.0% compared to the same quarter last year. Peloton Interactive has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts predict that Peloton Interactive will post -0.36 EPS for the current fiscal year.

Peloton Interactive Company Profile

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.