Peloton Interactive (NASDAQ:PTON) Posts Earnings Results, Misses Estimates By $0.04 EPS

Peloton Interactive (NASDAQ:PTON) released its quarterly earnings results on Thursday. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.04), Zacks reports. Peloton Interactive updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Peloton Interactive Trading Up 11.9 %

NASDAQ PTON traded up $0.90 on Thursday, hitting $8.48. The company’s stock had a trading volume of 44,558,970 shares, compared to its average volume of 12,280,441. The firm has a market cap of $3.23 billion, a P/E ratio of -7.92 and a beta of 1.95. Peloton Interactive has a 52-week low of $2.70 and a 52-week high of $10.90. The company’s 50-day simple moving average is $8.99 and its 200 day simple moving average is $6.59.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on PTON shares. UBS Group raised shares of Peloton Interactive from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $2.50 to $10.00 in a report on Friday, December 6th. Sanford C. Bernstein boosted their price objective on shares of Peloton Interactive from $4.25 to $6.50 and gave the company a “market perform” rating in a research note on Friday, November 1st. Truist Financial increased their price objective on Peloton Interactive from $6.00 to $10.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Telsey Advisory Group restated a “market perform” rating and set a $11.00 target price on shares of Peloton Interactive in a research report on Monday. Finally, BMO Capital Markets boosted their price objective on Peloton Interactive from $6.50 to $8.50 and gave the stock a “market perform” rating in a report on Monday, November 4th. Sixteen research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $7.10.

Insider Activity

In related news, insider Andrew S. Rendich sold 138,391 shares of Peloton Interactive stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $7.51, for a total transaction of $1,039,316.41. Following the completion of the transaction, the insider now directly owns 287,973 shares of the company’s stock, valued at $2,162,677.23. This trade represents a 32.46 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Karen Boone sold 16,925 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $9.64, for a total transaction of $163,157.00. Following the completion of the sale, the chief executive officer now owns 228,217 shares in the company, valued at approximately $2,200,011.88. This trade represents a 6.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 395,813 shares of company stock valued at $3,041,724. Company insiders own 1.34% of the company’s stock.

Peloton Interactive Company Profile

Peloton Interactive, Inc operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.