BMO Capital analyst Simeon Siegel maintains $Peloton Interactive (PTON.US)$ with a hold rating, and adjusts the target price from $6.5 to $8.5.
According to TipRanks data, the analyst has a success rate of 53.5% and a total average return of 4.8% 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 fiscal Q1 results exceeded expectations, with Connected Fitness subscriptions, revenue, and adjusted EBITDA surpassing the upper end of their guidance. Despite these results, the company's fiscal 2025 revenue guidance remained consistent, indicating ongoing challenges in expanding the subscriber base and an uncertain trajectory towards growth.
Peloton's fiscal Q1 results surpassed expectations with an EBITDA significantly above forecasts. Furthermore, with an outlook now set higher for FY25, expectations stand between $240M-$290M, surpassing the consensus of $232M. The potential for Peloton to exceed $300M in EBITDA this year is strong, with prospects of reaching over $400M in the ensuing years.
The company is exhibiting a swifter profitability ascent than initially projected, and there appears to be potential for additional cost savings shortly. Nonetheless, given the diminishing number of subscribers, the path to sustainable profitable growth for Peloton remains uncertain.
Note:
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