Peloton Interactive faces lowered price objectives and "Hold" ratings after missing Q1 earnings estimates.
Peloton Interactive faces a series of lowered price objectives and ratings by equities analysts, including Goldman Sachs, Bank of America, Robert W. Baird, Sanford C. Bernstein, JPMorgan Chase & Co., and Macquarie. The company reported a Q1 EPS of -$0.45 and revenue of $717.7 million, missing estimates. Its average rating is "Hold" with an average target price of $5.70. Peloton's stock has seen a midday trading boost of $0.04 to $3.47.
May 06, 2024
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