Telsey Advisory analyst Joe Feldman maintains $Peloton Interactive (PTON.US)$ with a hold rating, and maintains the target price at $9.
According to TipRanks data, the analyst has a success rate of 58.3% and a total average return of 8.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Peloton Interactive (PTON.US)$'s main analysts recently are as follows:
Peloton's recent fiscal Q1 results exceeded expectations, with Connected Fitness subscriptions, revenue, and adjusted EBITDA surpassing the upper limits of its forecasts. Despite these positive outcomes, the unchanged fiscal 2025 revenue guidance hints at sustained pressure on the subscriber base and a nebulous trajectory toward renewed growth for the business.
Following a fiscal Q1 that delivered EBITDA figures surpassing expectations, and an uptick in FY25 guidance to a range of $240M-$290M compared to the consensus estimate of $232M, there is an anticipation that Peloton could surpass $300M in EBITDA for the current year. The potential to achieve over $400M in EBITDA in the coming years is also seen as possible.
The company is on a path to achieve profitability quicker than initially expected, and there appears to be potential for additional cost efficiencies in the near term. Despite these improvements, the challenge of how the company will sustain profitable growth over the long term persists in light of a diminishing subscriber base.
Note:
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