Peloton Interactive Inc (NASDAQ:PTON) price on Thursday, April 10, fall -6.30% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $5.50.
A look at the stock’s price movement, the close in the last trading session was $5.87, moving within a range at $5.28 and $5.66. The beta value (5-Year monthly) was 2.22. Turning to its 52-week performance, $10.90 and $2.70 were the 52-week high and 52-week low respectively. Overall, PTON moved -9.84% over the past month.
Peloton Interactive Inc’s market cap currently stands at around $2.14 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 621.02M for the company’s revenue for the quarter, with a low and high estimate of 613.2M and 636.67M respectively. The average forecast suggests down to a -13.47% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.46B, representing a -8.93% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PTON is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
21 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 7 analyst(s) rate the stock as a Hold, 13 recommend PTON as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PTON’s current price about -12.37% and -23.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.99, while 7-day volatility ratio is 16.69% and 9.69% in the 30-day chart. Further, Peloton Interactive Inc (PTON) has a beta value of 2.28, and an average true range (ATR) of 0.65. Analysts have given the company’s stock an average 52-week price target of $8.1, forecast between a low of $6.2 and high of $10. Looking at the price targets, the low is -12.73% off current price level while to achieve the yearly target high, price needs to move -81.82%. Nonetheless, investors will most likely welcome a -47.27% jump to $8.1 which is the analysts’ median price.
If we refocus on Peloton Interactive Inc (NASDAQ:PTON), historical trading data shows that trading volumes averaged 14.05 over the past 10 days and 15.30 million over the past 3 months. The company’s latest data on shares outstanding shows there are 373.79 million shares.
The 6.51% of Peloton Interactive Inc’s shares are in the hands of company insiders while institutional holders own 80.66% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 54.71 million on 2025-03-14, giving us a short ratio of 3.29. The data shows that as of 2025-03-14 short interest in Peloton Interactive Inc (PTON) stood at 1664.0 of shares outstanding, with shares short falling to 55.3 million registered in 2025-02-14. Current price change has pushed the stock -36.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PTON stock continues to rise going into the next quarter.
