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 fiscal Q1 results exceeded expectations with Connected Fitness subscriptions, revenue, and adjusted EBITDA surpassing the upper end of its guidance. Nonetheless, the company's fiscal 2025 revenue outlook remains unaltered, indicating ongoing stress on the subscriber base and an ambiguous trajectory towards growth.
The firm's more optimistic view on Peloton follows fiscal Q1 results that exceeded expectations with a significant EBITDA and an increase in FY25 guidance, surpassing the consensus forecast. The firm holds a conviction that Peloton's EBITDA could surpass $300M in the current year and potentially exceed $400M in the coming years.
The company is achieving a quicker profitability increase than anticipated, and there appears to be potential for additional cost efficiencies in the near future. Despite these improvements, the sustainability of Peloton's return to profitable growth over the long term is uncertain due to a diminishing subscriber base.
Note:
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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.
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