Stock Price Forecast
The 27 analysts offering 12-month price forecasts for Peloton Interactive Inc have a median target of 42.00, with a high estimate of 60.00 and a low estimate of 24.00. The median estimate represents a +76.03% increase from the last price of 23.86.
Similarly Is Pton overvalued? Shares of Peloton are trading 80% below their high of $166 and yet the fitness company is overvalued. The expectation is for Peloton to have revenues of $4.5B in FY 2022. Revenues are expected to grow only 11% in FY 2022, based on market predictions, but I am a lot more pessimistic due to the factors explained above.
Is peloton losing popularity? Peloton stock has been on the wane after having a monster 2020. The fitness platform has seen increased competition as more people return to in-person gyms and workout classes. More companies offering connected-fitness products have entered the market as well.
Additionally, How many shares of Peloton stock are there?
Share Statistics
| Avg Vol (3 month) 3 | 24.54M |
|---|---|
| Avg Vol (10 day) 3 | 9.19M |
| Shares Outstanding 5 | 303M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 291.82M |
How do I buy peloton shares?
If you have an online brokerage account, you have two primary options to buy Peloton stock: Place a market order, which is executed as soon as possible at the current market price, or place a limit order, which lets you specify the maximum price you are willing to pay.
Is PTON undervalued? Wall Street’s analysts’ consensus price target suggests that Peloton’s shares are undervalued, but I disagree. The average sell-side analyst target price for PTON is $47.65, which implies a capital appreciation potential of +78% as compared with the company’s last traded share price of $26.70 as of February 2, 2022.
Why did peloton stock go up? Peloton enjoyed booming demand for its exercise bikes and treadmills during the early stages of the pandemic. Its stock price soared along with its sales.
Who buys peloton? Apple gets floated as a buyer for lots of big-name companies, but this one has some merit. On Thursday afternoon, Apple announced an astounding $123.9 billion revenue for the first quarter of its fiscal year 2022 (the period ending December 31).
Is peloton a publicly traded company?
On September 26, 2019, Peloton became a public company via an initial public offering, raising $1.16 billion.
Can Pton rebound? Is Peloton Stock Expected To Rebound? Peloton Interactive’s stock price is not expected to rebound anytime soon, after assessing the recent launch of the company’s new Connected Strength product, Peloton Guide.
What is peloton in trouble for?
Peloton cited inflation and supply chain issues as reasons for raising prices beginning Jan. 31 (adding $250 per bike and $350 per treadmill) The firm hired management consulting firm McKinsey to help with “cost structure,” a move many expect will result in layoffs.
Why is the peloton so popular? Peloton is often credited with kick-starting the trend of connected fitness: streamed, on-demand home workouts that aim to replicate a traditional studio experience, including live group workouts, the ability to follow a favorite instructor, and a built-in community, but without the stress of scheduling and commuting.
Does peloton stock pay dividends?
PELOTON INTERACTIVE (NASDAQ: PTON) does not pay a dividend.
Is peloton a sell?
Peloton Shares Fall After New CEO Says Company Won’t Be Sold In The ‘Foreseeable Future’
How much do peloton instructors make? How Much Do Peloton Instructors Make? Although Peloton is not officially disclosing salaries, it is believed that the instructors make $500 to $750 per class. With 10 to 15 classes taught in a week, an instructor could rake in up to $585.000 annually (52 weeks/year * 15 classes/week * 750$).
Does Apple ever buy Peloton? Peloton could still be an acquisition target, even as a new CEO takes charge. Amazon and Nike have reportedly mulled an acquisition. Others have speculated Apple would be a good buyer for Peloton. But out of all the interested parties, Apple is the least likely to buy an expensive, money-losing company like Peloton.
Why are Pelotons so popular?
“The way that Peloton has built their instructors into their brand, with many of their instructors achieving a sort of cult status among the Peloton following, I’d say is definitely one of their biggest advantages over alternative at-home fitness equipment and gym and cycling classes,” Marisa Lifschutz, lead industry …
Is Peloton a luxury brand? Peloton bikes are known as a luxury model for a good reason. It goes beyond being simply an exercise bike, which makes them an attractive model for enthusiasts.
Why is Peloton stock so low?
The rapid uptick in demand for Peloton’s products in 2020 pushed the company to increase its supply and production speed, and moved to acquire a massive new production space worth $400 million. However, pandemic fatigue and reopenings have brought about the opposite problem: abundant supply but low demand.
When did Peloton become publicly traded? The company made its public debut on the Nasdaq at $29 a share back in September of 2019, before the coronavirus crisis took hold in earnest.
Is Peloton losing sales?
Peloton reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter. The company slashed its outlook for the full year amid softened demand for its exercise equipment and ongoing supply chain challenges.
Why did Peloton lay off employees? Thanks to the coronavirus, there’s been a lot of business uncertainty. The global pandemic’s effect on consumer demand and supply chains contributed to Peloton’s decision to lay off many of its employees. So Peloton is likely not the only one having to let so many of its workers go due to COVID-19.
Who is Peloton owned by? Peloton Interactive
| Type | Public company |
|---|---|
| Key people | Barry McCarthy , CEO John Foley, Executive Chairman Jill Woodworth, CFO William J. Lynch Jr., Director |
| Products | Stationary bicycles and treadmills |
| Services | Fitness classes and subscriptions |
| Revenue | US$1.825 billion (2020) |
Is Pton a buy?
Despite the warning signs, PTON is a Buy.
