Workflow
Peloton(PTON)
icon
Search documents
Don't Let Peloton Take You For a Ride: What You Need to Know
MarketBeat· 2024-08-27 11:16
Peloton Interactive TodayPTONPeloton Interactive$4.90 +0.06 (+1.24%) 52-Week Range$2.70▼$7.24Price Target$4.57Add to WatchlistPeloton NASDAQ: PTON wowed the market with its FQ4 results, sending its shares up nearly 50% in two days. This indicates a dynamic shift that could increase its price over the coming quarters and years. However, details within the report also point to headwinds that may cap gains today; a sustained rally is unlikely this year. The takeaway is that investors wanting to initiate or add ...
A Peloton Turnaround? Should Investors Take a Ride with the Stock?
The Motley Fool· 2024-08-27 09:35
The connected fitness company's efforts to get back in shape are paying off.Share prices of Peloton Interactive (PTON 1.24%) skyrocketed after the embattled company reported that it grew its revenue marginally in its fiscal 2024 fourth quarter and moved closer to profitability. The stock rose more than 35% during the trading session that followed its Q4 report's release, but the stock is still trading down more than 25% on the year.Could this be the right time for investors to hop on the stock and take a ri ...
Peloton slammed over $95 activation fee for used bikes — on top of monthly fee: ‘egregious money grab'
New York Post· 2024-08-26 21:07
Peloton was accused of an “egregious money grab” over its controversial decision to tack on a $95 “equipment activation fee” for those who purchased a used bike. The one-time fee, which was revealed in a shareholders letter and blog post when the company announced its earnings last week, comes on top of the $44 monthly subscription for Peloton’s online classes. Those who purchase new bikes, which cost significantly more than the used models, don’t have to pay the activation fee. The added fee left many die- ...
Peloton Is Surging. Is the Connected Fitness Stock Finally a Buy?
The Motley Fool· 2024-08-26 08:12
Peloton stock soared on its latest earnings report. Can it keep gaining?Peloton Interactive (PTON 6.37%) just did something it's never done before. Shares of the connected fitness specialist gained 35% on Thursday, marking its biggest one-day surge since its IPO in 2019.The gains come as investors have been desperate for any sign of a recovery from the beaten-down pandemic winner. Did investors get what they were looking for? Is it finally time to buy Peloton stock? Let's take a closer look at the latest re ...
Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump
PYMNTS.com· 2024-08-26 08:00
The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23 up 2.6%, led by the “Live” pillar up 3.7% and “Bank” at 2.7%. Many companies posted positive gains for the week, but none more than Peloton, which overcame a drop in subscription revenue announced in its quarterly earnings to go up more than 50% for the week. The companies who posted losses for the week were less dramatic, with Snowflake dropping 9.5%.Peloton was the story of the week. T ...
Peloton Produced Positive Free Cash Flow, but the Devil Is in the Details
The Motley Fool· 2024-08-25 10:30
Positive free cash flow, with some important caveats.Along with slight revenue growth and a greatly reduced net loss, troubled connected fitness company Peloton (PTON 6.37%) managed to produce positive free cash flow in the fourth quarter of fiscal 2024. Free cash flow came in at $26 million, a $100 million swing from the prior-year period.While having a balance sheet that's no longer bleeding cash is inarguably a good thing, free cash flow is a metric that often comes with some dirty secrets.Picking apart ...
Peloton Stock Soars! Is It Too Late to Buy?
The Motley Fool· 2024-08-24 20:15
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Don't Be Fooled by Peloton's "Turnaround"
The Motley Fool· 2024-08-24 09:30
The company's fourth quarter was less of a disaster than expected.If you wanted to know what rock-bottom expectations look like, take a gander at Peloton's (PTON 6.37%) most recent quarterly report. The connected fitness company, rudderless after former CEO Barry McCarthy left in May, managed to break its streak of revenue declines and slash its net loss. Analysts were expecting a significant slump in sales and a much larger loss, and the stock responded by surging as much as 30% on Thursday.The story, thou ...
Peloton Pedals Back To Profit: Analysts Weigh In On Company's Growth Plan
Benzinga· 2024-08-23 16:43
Peloton Interactive Inc PTON shares rose in trading on Friday, after the company reported upbeat quarterly sales.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Macquarie Equity Research On Peloton InteractiveAnalyst Paul Golding maintained a Neutral rating while raising the price target from $2.53 to $4.90."The company beat across most major metrics, delivering top-line growth for the first time in years," Golding said in a note. He added, however, tha ...
Peloton's subscriber weakness keeps analysts cautious despite earnings beat
Proactiveinvestors NA· 2024-08-23 15:42
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...