Peloton Interactive (PTON) Stock: $14 Price Target And Hold Rating

By Amit Chowdhry ● May 11, 2022
  • The shares of Peloton Interactive (NASDAQ: PTON) have received a $14 price target from CFRA. These are the details.

The shares of Peloton Interactive (NASDAQ: PTON) have received a $14 price target from CFRA. And CFRA is maintaining a “Hold” rating on the shares.

CFRA adjusted the rating following the company’s third-quarter results. Peloton reported a Q3 EPS of ($2.27), which was $1.42 lower than analyst estimates of ($0.85). And the revenue for the quarter was $964.3 million compared to the consensus estimate of $972.88 million.

In terms of guidance, Peloton expects Q4 2022 revenue of between $675 million and $700 million, compared to the consensus of $821.7 million.

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