Form 4 PELOTON INTERACTIVE, For: Aug 19 Filed by: Cotter Jennifer Cunningham
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BMO Capital Reiterates Market Perform Rating on Peloton Interactive (PTON)
August 22, 2024 8:29 AM EDTBMO Capital analyst Simeon Siegel reiterated a Market Perform rating and $6.50 price target on Peloton Interactive (NASDAQ: PTON)
The analyst comments "4Q showed willingness to do more with less, forgoing topline for EBITDA/cash (this quarter and guidance). We commend focusing on... More
Needham Reiterates Hold Rating on Peloton Interactive (PTON)
August 22, 2024 8:07 AM EDTNeedham analyst Bernie McTernan reiterated a Hold rating on Peloton Interactive (NASDAQ: PTON).
The analyst comments "PTON reported EBITDA results for FY4Q adj. and FY1Q/FY25 guidance well ahead of consensus expectations with better margins more than offsetting lower revenue. While... More
Peloton shares jump on earnings beat, revenue growth
August 22, 2024 7:24 AM EDTPeloton (NASDAQ: PTON) shares surged 16.7% in premarket trading on Thursday after the fitness equipment maker reported better-than-expected fourth-quarter results and returned to revenue growth for the first time in two years.
The company posted a narrower-than-anticipated loss of $0.08 per share, beating analyst estimates of a $0.17 loss. Revenue came in at... More
