Zhitong Financial APP learned that Ram Parameswaran, an analyst at, Octahedron Capital, said that, Peloton (PTON.US) "has a similar subscription model to Netflix (NFLX.US). The steady growth of subscribers gives the company's share price room to quadruple in four years to $300. the number of users is also expected to increase eightfold by 2025.
With regard to the recent recalls faced by the company, analyst Ram said that concerns about the recall were overestimated by the market and estimated that the recalled treadmill accounted for only 5% of the total number of products. The loss of sales in the current quarter is expected to be made up for in the next quarter, and the current pullback of the stock price is an excellent opportunity to build positions.