In yesterday’s Wall Street session, Peloton Interactive Inc (NASDAQ:PTON) shares traded at $7.17, down -5.28% from the previous session.
PTON stock price is now 12.42% away from the 50-day moving average and 4.27% away from the 200-day moving average. The market capitalization of the company currently stands at $2.86B.
With the price target maintained at $10, Macquarie recently Upgraded its rating from Neutral to Outperform for Peloton Interactive Inc (NASDAQ: PTON). On May 09, 2025, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $9 to quote $8, while ‘Truist’ rates the stock as ‘Buy’
In other news, Caldwell Nick V., Chief Product Officer sold 31,337 shares of the company’s stock on May 15 ’25. The stock was sold for $203,490 at an average price of $6.49. Upon completion of the transaction, the Chief Product Officer now directly owns 495,516 shares in the company, valued at $3.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’25, Chief Accounting Officer Baig Saqib sold 15,893 shares of the business’s stock. A total of $104,441 was realized by selling the stock at an average price of $6.57. This leaves the insider owning 153,155 shares of the company worth $1.1 million. A total of 6.43% of the company’s stock is owned by insiders.
The company reported revenue of $624.0 million for the quarter, compared to $717.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.06 percent. For the current quarter, analysts expect PTON to generate $580.13M in revenue.
