Truist Financial analyst Youssef Squali maintains $Peloton Interactive (PTON.US)$ with a hold rating, and sets the target price at $10.
According to TipRanks data, the analyst has a success rate of 53.0% and a total average return of 10.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Peloton Interactive (PTON.US)$'s main analysts recently are as follows:
Peloton's fiscal Q1 outcomes surpassed expectations, with Connected Fitness subscriptions, revenue, and adjusted EBITDA all exceeding the company's projected range. Despite these positive results, the unchanged fiscal 2025 revenue forecasts indicate ongoing challenges within the subscriber base and an uncertain trajectory towards growth.
Peloton's fiscal Q1 results surpassed expectations with a significant EBITDA that was higher than anticipated. The company's updated guidance for FY25 suggests EBITDA could reach between $240M-$290M, which is above the current Street consensus of $232M. It's believed that Peloton has the potential to surpass $300M in EBITDA this year and could possibly achieve over $400M in the coming years.
The emphasis on profitability over growth by Peloton has been a point of focus, with the latest quarterly results reinforcing this strategic pivot. Continued dedication to this profitability-centric approach is perceived to hold significant potential for EBITDA improvement, though concerns remain regarding possible risks if the company shifts back to prioritizing growth.
Note:
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