Peloton Interactive Inc (PTON) Stock Forecast & Predictions

Peloton Interactive Inc - Class A PTON: $105.085

125 W 25th St Fl 11, New York, New York, US. | Sector: Manufacturing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.onepeloton.com/

  • Market Cap$30.64B
  • Change (52 Weeks)247.00%
  • Low (52 Weeks)$29.33
  • Peloton Interactive Inc (PTON) Forecast Based on Technical Analysis


    Neutral
    Based on 15 Technical Indicators where 20.00% are on Buy, 26.67% on Sell, and 53.33% Neutral.

    According to the market data, Peloton Interactive Inc (PTON) stock price is $105.085 and the 52 weeks low is $29.33, which means the Peloton Interactive Inc stock price is up 247.00% in the last 12 months.

    Peloton Interactive Inc (PTON) Stock Price has been Trending Strongly with an ADX reading of 30.64 as per the Weekly Chart.

    A Upward trend indicates that Peloton Interactive Inc (PTON) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 15 technical indicators, 20.00% are indicating that PTON Stock price might rise further, 26.67% indicating that PTON Stock price might fall, and 53.33% are in a neutral position.

    Based on these technical algorithms, overall PTON stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Peloton Interactive Inc (PTON) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Peloton Interactive Inc (PTON) is based on 33 Institutional Analyst Ratings where 48.48% are on Strong Buy, 36.36% on Moderate Buy, 9.09% remains on Hold, 0.00% are on Moderate Sell and 6.06% are on Strong Sell.

    Out of 33 Institutional Analysts, majority recommended PTON stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Peloton Interactive Inc.

    Peloton Interactive Inc (PTON) Stock Price Prediction By Analysts


    HighLowAverage
    $199.50$45.45$164.69
    $164.6956.72% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PTON set by the institutional analysts is $164.69 where High Estimate is $199.50, Median $178.5 and Low $45.45.

    The average price target for PTON by Institutional Analysts is $164.69, which is 56.72% Upside from the current price. So according to the Institutional Analysts, PTON Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Peloton Interactive Inc (PTON) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with PTON stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PTON and holding their positions hoping for a further rise in the stock price and more profit.

    Peloton Interactive Inc (PTON) Stock Forecast Based on News Sentiment


    Bearish
    Based on 51 articles published Last Week, where 14.28% are Bullish and 85.72% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked negatively about PTON, it shows that Peloton Interactive Inc had a 85.72% negative news coverage.

    Negative news coverage usually affects short-term price of a stock, so this negative coverage provides an indication that PTON stock price may go down in the next few weeks.

    Peloton Interactive Inc (PTON) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    B of A SecuritiesBuyMaintained
    Evercore ISI GroupIn-LineDowngraded
    Credit SuisseOutperformInitiated
    Wolfe ResearchPeer PerformInitiated
    MKM PartnersBuyUpgraded
    Argus ResearchBuyMaintained
    Truist SecuritiesBuyMaintained
    Roth CapitalBuyMaintained
    RosenblattBuyMaintained
    Raymond JamesMarket PerformDowngraded
    NeedhamBuyMaintained
    MKM PartnersNeutralMaintained
    JP MorganOverweightMaintained
    Gordon HaskettBuyMaintained
    Goldman SachsNeutralMaintained
    Cowen & Co.OutperformMaintained
    BMO CapitalUnderperformMaintained
    BarclaysOverweightMaintained
    Cowen & Co.OutperformMaintained
    UBSSellDowngraded
    B of A SecuritiesBuyMaintained
    Gordon HaskettBuyInitiated
    KeyBancOverweightMaintained
    NeedhamBuyMaintained
    Exane BNP ParibasOutperformInitiated
    RosenblattBuyMaintained
    UBSNeutralMaintained
    RosenblattBuyMaintained
    Raymond JamesOutperformMaintained
    Canaccord GenuityBuyMaintained
    RosenblattBuyReiterated
    NeedhamBuyMaintained
    Goldman SachsNeutralDowngraded
    KeyBancOverweightMaintained
    B of A SecuritiesBuyMaintained
    Argus ResearchBuyMaintained
    WedbushOutperformMaintained
    Truist SecuritiesBuyMaintained
    StifelBuyMaintained
    RosenblattBuyMaintained
    Raymond JamesOutperformMaintained
    NeedhamBuyMaintained
    MKM PartnersNeutralMaintained
    KeyBancOverweightMaintained
    Canaccord GenuityBuyMaintained
    B of A SecuritiesBuyMaintained
    WedbushOutperformMaintained
    Goldman SachsBuyMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyMaintained
    KeyBancOverweightMaintained
    UBSNeutralDowngraded
    RosenblattBuyMaintained
    NeedhamBuyMaintained
    Raymond JamesOutperformReiterated
    KeyBancOverweightMaintained
    B of A SecuritiesBuyMaintained
    OppenheimerOutperformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    Argus ResearchBuyMaintained
    UBSBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    RosenblattBuyReiterated
    OppenheimerOutperformMaintained
    NeedhamBuyMaintained
    MKM PartnersNeutralMaintained
    KeyBancOverweightMaintained
    CFRABuyMaintained
    Canaccord GenuityBuyMaintained
    BairdOutperformMaintained
    B of A SecuritiesBuyReiterated
    B of A SecuritiesBuyReiterated
    StifelBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    BMO CapitalUnderperformDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    Roth CapitalBuyInitiated
    RosenblattBuyInitiated
    JP MorganOverweightMaintained
    WedbushOutperformMaintained
    StifelBuyMaintained
    NeedhamBuyMaintained
    MKM PartnersNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalMarket PerformMaintained
    BMO CapitalMarket PerformInitiated
    Raymond JamesOutperformMaintained
    B of A SecuritiesBuyReiterated
    WedbushOutperformInitiated
    Argus ResearchBuyInitiated
    OppenheimerOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    BairdOutperformMaintained
    BernsteinOutperformInitiated
    UBSBuyInitiated
    Telsey Advisory GroupOutperformInitiated
    SunTrust Robinson HumphreyBuyInitiated
    StifelBuyInitiated
    Raymond JamesOutperformInitiated
    OppenheimerOutperformInitiated
    NeedhamBuyInitiated
    KeyBancOverweightInitiated
    JP MorganOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    Goldman SachsBuyInitiated
    Cowen & Co.OutperformInitiated
    Canaccord GenuityBuyInitiated
    BarclaysOverweightInitiated
    Bank of AmericaBuyInitiated
    MKM PartnersNeutralInitiated
    BairdOutperformInitiated

    Peloton Interactive Inc (PTON) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.016
    The average consensus EPS for PTON is $0.016 with a high estimate of $0.105 and Low of $-0.127 for the period 2021-06-30 and based on 26 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.2$0.116065800000000012020-09-30


    The latest average Earning Per Share Estimate for Peloton Interactive Inc is $0.02, which is lower than PTON's last EPS, $0.20. This means that Analysts are expecting Peloton Interactive Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Peloton Interactive Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.2$0.116065800000000012020-09-30
    $0.27$0.09949082020-06-30
    $-0.2$-0.18355922020-03-31
    $-0.2$-0.35262422019-12-31
    $-1.29$-0.45171722019-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).