Earnings Report: Here’s what to expect from Peloton (NASDAQ:PTON)

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Earnings results for Peloton (NASDAQ:PTON)

Peloton Interactive, Inc. is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.1.

Analyst Opinion on Peloton (NASDAQ:PTON)

30 Wall Street analysts have issued ratings and price targets for Peloton in the last 12 months. Their average twelve-month price target is $68.96, predicting that the stock has a possible downside of 24.36%. The high price target for PTON is $110.00 and the low price target for PTON is $26.00. There are currently 1 sell rating, 5 hold ratings and 24 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Peloton has received a consensus rating of Buy. The company’s average rating score is 2.77, and is based on 24 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $68.96, Peloton has a forecasted downside of 24.4% from its current price of $91.17. Peloton has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Peloton (NASDAQ:PTON)

Peloton does not currently pay a dividend. Peloton does not have a long track record of dividend growth.

Insiders buying/selling: Peloton (NASDAQ:PTON)

In the past three months, Peloton insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,912,083.00 in company stock. 59.54% of the stock of Peloton is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Peloton (NASDAQ:PTON

Earnings for Peloton are expected to grow in the coming year, from ($0.57) to ($0.17) per share.

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