Peloton Interactive, Inc. (PTON)

NASDAQ: PTON · IEX Real-Time Price · USD
3.390
+0.140 (4.31%)
Jul 2, 2024, 4:00 PM EDT - Market closed
4.31%
Market Cap 1.20B
Revenue (ttm) 2.70B
Net Income (ttm) -763.30M
Shares Out 352.80M
EPS (ttm) -2.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,169,880
Open 3.260
Previous Close 3.250
Day's Range 3.200 - 3.400
52-Week Range 2.700 - 9.870
Beta 2.04
Analysts Hold
Price Target 8.51 (+151.03%)
Earnings Date Aug 21, 2024

About PTON

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. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York. [Read more]

Industry Leisure
IPO Date Sep 26, 2019
Employees 2,765
Stock Exchange NASDAQ
Ticker Symbol PTON
Full Company Profile

Financial Performance

In 2023, PTON's revenue was $2.80 billion, a decrease of -21.83% compared to the previous year's $3.58 billion. Losses were -$1.26 billion, -55.38% less than in 2022.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PTON stock is "Hold." The 12-month stock price forecast is $8.51, which is an increase of 151.03% from the latest price.

Price Target
$8.51
(151.03% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The Portnoy Law Firm Announces Investigation of Peloton Interactive Inc. (NASDAQ: PTON)

Investors can contact the law firm at no cost to learn more about recovering their losses.

3 hours ago - GlobeNewsWire

Peloton staved off the cash crunch that threatened its business. Where does it go now?

Peloton was staring down hundreds of millions in loan payments by November 2025 that could've pushed the company into bankruptcy if it hadn't refinanced. Now that the connected fitness company has ref...

9 hours ago - CNBC

Peloton stock price is risky but technicals point to a rebound

Peloton Interactive (NASDAQ: PTON) stock price has dived hard this year even amid optimism that it will become a takeover target by private equity companies. It has crashed by over 54% in the past 12 ...

13 days ago - Invezz

YMCA of Metropolitan Chicago and Peloton Team Up to Empower Members' Health and Wellbeing Journeys

First-of-its-kind program debuts this week in Chicagoland market CHICAGO , June 10, 2024 /PRNewswire/ -- The YMCA of Metropolitan Chicago and Peloton (NADSAQ: PTON) today announced a first-of-its-kind...

22 days ago - PRNewsWire

Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit aw...

Other symbols: CCLJBLUMANUW
25 days ago - Market Watch

Peloton Announces Successful Completion of $1.35 Billion Holistic Refinancing

Refinancing Reduces Debt and Extends Maturities to Support Peloton's Future Growth NEW YORK , May 30, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (NASDAQ: PTON) today announced it has s...

4 weeks ago - PRNewsWire

CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum

Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%.  All pillars posted declines for the week that ended May 24.

5 weeks ago - PYMNTS

PELOTON INTERACTIVE, INC. ANNOUNCES PRICING OF OFFERING OF $300.0 MILLION 5.50% CONVERTIBLE SENIOR NOTES DUE 2029

NEW YORK , May 21, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced the pricing of $300.0 million aggregate principal amount of Convertible Senior Notes due 20...

5 weeks ago - PRNewsWire

Peloton Interactive Stock Tumbles As Company Takes Steps to Rework Debt

Peloton Interactive (PTON) shares plunged Tuesday after the struggling fitness equipment maker and exercise program provider announced what it called a “global refinancing” plan to rework its debt.

6 weeks ago - Investopedia

Xpeng (XPEV) Rallies After Big Earnings Beat & Peloton's (PTON) Global Refinancing Effort

XPeng (XPEV) rallies after the biggest earnings beat in two years. Renita Young discusses this, along with how Peloton (PTON) announces convertible bonds as part of ‘a global refinancing' effort.

Other symbols: XPEV
6 weeks ago - Schwab Network

Peloton Stock Is Falling. Company Announces ‘Global Refinancing.

Peloton plans on using the proceeds from the offering of the notes and the new credit facilities to repurchase about $800 million of its convertible senior notes due 2026.

6 weeks ago - Barrons

Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring

Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in a private offering an...

6 weeks ago - PYMNTS

Peloton shares drop after it announces refinancing to stave off cash crunch

Peloton has launched a “global refinancing” so it can buy back its debt and extend its loan maturities.

6 weeks ago - CNBC

Peloton to sell $275 mln of convertible notes to refinance debt

Peloton Interactive said on Monday it will sell $275 million of convertible notes due 2029 as the fitness equipment maker looks to refinance its debt and return to growth after 13 straight quarters of...

6 weeks ago - Reuters

Peloton unveils convertible-debt refinancing, and its stock falls 8%

Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company's stock 8% lower in the after-hours session.

6 weeks ago - Market Watch

PELOTON INTERACTIVE, INC. ANNOUNCES LAUNCH OF GLOBAL REFINANCING

NEW YORK , May 20, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced that it intends to launch a global refinancing, pursuant to which it will offer $275.0 mill...

6 weeks ago - PRNewsWire

Peloton's debt is a major concern. How are they managing it?

Peloton Interactive (PTON) has reportedly hired JPMorgan to help it raise $850 million in a new loan sale to settle its debts. The fitness equipment brand was once considered to be a "pandemic darling...

6 weeks ago - Yahoo Finance

Levi & Korsinsky, LLP Notifies Shareholders of Peloton Interactive, Inc. (PTON) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / May 16, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Peloton Interactive, Inc. (NASDAQ:PTON)....

6 weeks ago - Accesswire

Fitness startup that Peloton once tried to buy is growing as the pandemic darling shrinks

Connected rowing company Hydrow is growing and Peloton is shrinking as fitness buffs move away from cardio in favor of weights.

7 weeks ago - CNBC

Private Equity Firms Considering Buyout of Peloton

Private equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number of other firms have considered an acquisition but...

2 months ago - PYMNTS

Peloton Stock Races Higher After Reports Of Potential Private Equity Buyout

Shares in Peloton (PTON) kicked into a high gear Tuesday after news reports that a number of private equity firms may be considering a buyout.

2 months ago - Investopedia

Developing Story Renita Young Reports On Peloton PTON News

Peloton (PTON) shares are trading higher on a potential buyout. Renita Young discusses this as the company had talks with at least on firm about going private.

2 months ago - Schwab Network

Peloton could be poached by private equity firms: report

Peloton is in talks with at least one private equity firm about a potential buyout, according to a new report. The level of interest in the beleaguered company is unclear.

2 months ago - Fox Business

Embattled Peloton shares soar as private equity firms reportedly consider buyout

Last week, Peloton CEO Barry McCarthy quit and the company announced job cuts to reduce costs after posting weak results.

2 months ago - New York Post

Peloton Shares Surge Over Private Equity Buyout Rumors—After Years-Long Slump

Shares of at-home spin class company Peloton spiked 15% Tuesday morning, the company's best day on Wall Street in over four months, following a report that a group of private equity firms are mulling ...

2 months ago - Forbes