Peloton Interactive, Inc. (PTON)
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]
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 StatementsAnalyst 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.
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.
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...
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 ...
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...
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...
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...
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.
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...
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.
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.
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.
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...
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.
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...
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.
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...
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...
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)....
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.
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...
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.
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.
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.
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.
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 ...