Peloton Interactive (NASDAQ:PTON) Announces Quarterly Earnings Results

by · The Cerbat Gem

Peloton Interactive (NASDAQ:PTON – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02, Zacks reports. The business had revenue of $550.80 million during the quarter, compared to analysts’ expectations of $540.61 million. The company’s revenue for the quarter was down 6.0% compared to the same quarter last year. Peloton Interactive updated its Q2 2026 guidance to EPS and its FY 2026 guidance to EPS.

Peloton Interactive Price Performance

Peloton Interactive stock traded down $0.42 during trading hours on Thursday, hitting $6.71. The stock had a trading volume of 20,539,158 shares, compared to its average volume of 10,189,689. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -21.64, a PEG ratio of 2.44 and a beta of 2.33. Peloton Interactive has a 1-year low of $4.63 and a 1-year high of $10.90. The stock’s fifty day moving average is $7.80 and its two-hundred day moving average is $7.22.

Insider Buying and Selling at Peloton Interactive

In related news, insider Dion C. Sanders sold 110,753 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $8.05, for a total transaction of $891,561.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Elizabeth F. Coddington sold 238,664 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.85, for a total value of $1,873,512.40. Following the sale, the chief financial officer directly owned 346,535 shares in the company, valued at approximately $2,720,299.75. The trade was a 40.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,834,177 shares of company stock valued at $14,655,695. 1.30% of the stock is owned by company insiders.

Institutional Trading of Peloton Interactive

A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its stake in shares of Peloton Interactive by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,056,642 shares of the company’s stock valued at $44,598,000 after acquiring an additional 1,503,680 shares during the last quarter. Scopia Capital Management LP boosted its stake in shares of Peloton Interactive by 19.1% during the second quarter. Scopia Capital Management LP now owns 4,358,181 shares of the company’s stock valued at $30,246,000 after acquiring an additional 697,865 shares during the last quarter. PDT Partners LLC boosted its stake in shares of Peloton Interactive by 23.5% during the second quarter. PDT Partners LLC now owns 1,319,724 shares of the company’s stock valued at $9,159,000 after acquiring an additional 250,779 shares during the last quarter. Shellback Capital LP boosted its stake in shares of Peloton Interactive by 90.0% during the second quarter. Shellback Capital LP now owns 950,000 shares of the company’s stock valued at $6,593,000 after acquiring an additional 450,000 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of Peloton Interactive by 6,414.4% during the second quarter. Orion Porfolio Solutions LLC now owns 789,415 shares of the company’s stock valued at $5,479,000 after acquiring an additional 777,297 shares during the last quarter. Institutional investors and hedge funds own 77.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PTON. Morgan Stanley increased their price objective on Peloton Interactive from $4.00 to $5.75 and gave the stock an “equal weight” rating in a research report on Monday, August 4th. Canaccord Genuity Group reiterated a “buy” rating and issued a $10.00 price objective on shares of Peloton Interactive in a research report on Thursday, October 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Peloton Interactive in a report on Tuesday, October 14th. Needham & Company LLC reissued a “hold” rating on shares of Peloton Interactive in a report on Thursday, August 7th. Finally, Macquarie upped their target price on Peloton Interactive from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.78.

Read Our Latest Analysis on Peloton Interactive

Peloton Interactive Company Profile

(Get Free Report)

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.

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