Peloton Stock Has Soared 195% From Its 52-Week Low. Is It Too Late to Buy?
The connected fitness company's incoming CEO has an impressive resume that includes a seven-year stint at Apple.
Peloton stock could explode higher by 135% if this happens
Peloton (PTON) stock price has staged a strong comeback in the past few months after it reported better-than-expected financial results and announced management changes. It rebounded to a high of $8.92 last week, its highest swing since July 2023, and 220% higher than the year-to-date low.
Peloton Stock Pushes Higher After BofA Issues Double Upgrade on CEO Change, Q1 Results
Peloton Interactive (PTON) shares raced higher Monday after its strong first-quarter results drew a double upgrade from analysts at Bank of America Securities.
Peloton is no passing fad, says Bank of America
Peloton Interactive Inc (NASDAQ:PTON) shares were given a boost after Bank of America upgraded its rating and said the recent earnings strength and appointment of new CEO Peter Stern indicated the company "is no passing fad". The bank upgraded to a 'buy' stance and raised its share price objective to $9 from $3.75 on the perceived potential for "substantial earnings upside" on continued cost efficiencies, which have resulted in higher estimates.
This Peloton Interactive Analyst Gives A Double Upgrade, Raises Forecast By More Than 100%
Shares of Peloton Interactive Inc PTON have been climbing after the company smashed first-quarter sales estimates last week.
Cramer's Stop Trading: Peloton
CNBC's Jim Cramer explains why he is keeping an eye on shares of Peloton.
Peloton Stock Soars Following Huge Inflection Point in Profitability
Investors wonder if the company's results justified this stock price increase.
Peloton Stock Price Levels to Watch After Upbeat Earnings, Naming of New CEO
Shares in Peloton Interactive (PTON) were down sharply Friday, giving back a chunk of the near-30% gain recorded yesterday after the fitness equipment maker announced a new chief executive officer and reported better-than-expected quarterly results.
A New CEO Cannot Save Peloton
24/7 Wall St. Insights Peloton Interactive Inc. (NASDAQ: PTON) shares surged after it named a new CEO.
Peloton Stock Exploded Thursday: Here's Why
Peloton reported earnings Thursday, but it was the new CEO that had the market excited.
Peloton's new CEO has a chance to turn things around. Here's what he needs to do.
Peloton announced that Ford executive Peter Stern will join the company as its new CEO. The fitness company is betting Stern can help turn things around.
Peloton shares rally on earnings beat, raise full-year profit guidance
Peloton's fiscal first-quarter result beat the Street's expectations and announced a new CEO after a months-long search. Brandon Gomez unpacks how investors are reacting.
