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Telsey Advisory Maintains Peloton Interactive(PTON.US) With Hold Rating, Maintains Target Price $9

Futu News ·  Nov 6 22:33  · Ratings

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.

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Furthermore, according to the comprehensive report, the opinions of $Peloton Interactive (PTON.US)$'s main analysts recently are as follows:

  • Peloton's fiscal Q1 outcomes exceeded expectations, with Connected Fitness subscriptions, revenue, and adjusted EBITDA surpassing the upper range of its guidance. Despite these results, the unchanged fiscal 2025 revenue forecasts imply ongoing challenges for the subscriber base and an uncertain trajectory towards growth for the company.

  • Peloton's recent fiscal Q1 results 'surprised' with EBITDA significantly above projections, and the updated FY25 guidance suggests a potential outperformance against the consensus forecast. The company is on track to potentially surpass $300M in EBITDA this year, with the prospects of reaching in excess of $400M in the coming years.

  • The company's emphasis on profitability over growth has been noted, with its Q1 results serving as further evidence of this strategy. Continued attention to profitability could lead to substantial EBITDA benefits for the company, although a shift back towards prioritizing growth could pose risks.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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