Telsey Advisory analyst Dana Telsey maintains $Peloton Interactive (PTON.US)$ with a hold rating, and adjusts the target price from $5 to $9.
According to TipRanks data, the analyst has a success rate of 37.9% and a total average return of -1.8% 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 reported fiscal Q1 results that surpassed expectations, with Connected Fitness subscriptions, revenue, and adjusted EBITDA all exceeding the upper bounds of its guidance. Nevertheless, the company's fiscal 2025 revenue forecasts remain unaltered, hinting at ongoing stress on the subscriber base and an ambiguous trajectory towards renewed growth.
Peloton's fiscal Q1 earnings surpassed expectations with a significant EBITDA beat, prompting a more optimistic view on the company's financial performance. The recent increase in FY25 guidance to a range notably higher than current consensus estimates suggests potential for the company to surpass $300M in EBITDA this year, with the possibility of reaching over $400M in the ensuing years.
The company is exhibiting a swifter profitability ramp-up than previously expected, with potential for additional cost efficiencies in the short term. Nonetheless, given the diminishing subscriber numbers, the pathway to sustained profitable growth for Peloton remains uncertain.
Note:
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