Peloton stock price has suffered a harsh reversal in the past few months as concerns about its growth continued. PTON was trading at $6.95 on Friday, down by 36% from its highest level in January last year.
With the Nasdaq Composite (^IXIC 0.52%) down 9% year to date at this writing, some Wall Street analysts are seeing value among leading consumer brands. Shares of Chewy (CHWY 4.83%) and Peloton Interactive (PTON 6.59%) have fallen well off their highs the past few years.
Fitness stock Peloton Interactive Inc (NASDAQ:PTON) is surging today, up 10.2% at $6.69 at last glance, following an upgrade from Canaccord Genuity to "buy" from "hold" with a $10 price target.
Peloton Interactive, Inc. (NASDAQ:PTON ) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2025 2:30 PM ET Company Participants Liz Coddington - Chief Financial Officer Conference Call Participants Nathaniel Feather - Morgan Stanley Nathaniel Feather Okay. Great. We'll get started.
Peloton Interactive (PTON -3.54%) is falling back into the good graces of the investment community. The company is steadily improving its finances, which is reducing risk.
NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) announced today that Liz Coddington, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025, at 11:30 AM PST. The live webcast and replay can be accessed in the Events section of the Company's Investor Relations website...
Peloton's initial pandemic-driven success led to overexpansion under CEO John Foley, resulting in a stock crash and his eventual ousting. Post-Foley, Peloton implemented restructuring programs, including job cuts and operational wind-downs, to stabilize the business and improve margins. These measures have been effective, with Peloton raising its FY 2025 Adjusted EBITDA guidance to $300 - $350 ...
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