Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Greenlight Capital's David Einhorn told investors that Peloton's stock is significantly undervalued. The hedge fund boss made the pitch while riding a Peloton, a source familiar with the comments told CNBC.
Peloton Interactive Stock: Sell Before Q1 Earnings (Rating Downgrade)
I'm downgrading Peloton Interactive, Inc. stock to a sell rating ahead of its expected Q1 earnings release (due on October 31). Key ongoing concerns include declining subscriber numbers, near-zero hardware margins, and the potential negative impact of a new $95 initiation fee on secondary market sales. The company recently struck a deal to sell discounted Bike+ products through Costco, but this may hurt margins further and fail to bring in incremental buyers.
Peloton stock mixed after Costco deal, here's what the market is overlooking
Peloton stock has received a mixed reaction from investors after announced a deal with Costco.
Peloton (PTON) Surges 10.8%: Is This an Indication of Further Gains?
Peloton (PTON) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Peloton stock more than doubles in 2 months: is the growth sustainable?
Peloton Interactive Inc (NASDAQ: PTON) has had a difficult time adjusting to the post-pandemic world – but it looks like things are finally starting to change for the better. Shares of the connected fitness company have more than doubled over the past two months as financials improved on the back of its turnaround efforts.
Peloton's Golden Cross: A Short-Term Sprint Or Long-Term Ride?
Peloton Interactive Inc PTON stock just hit a major technical milestone — the Golden Cross.
David Einhorn's #1 New Buy That Is Paying Off Big: PTON vs. CPRI
Noted short-seller David Einhorn rose to prominence betting against Allied Capital, a private equity firm that offered debt and equity capital to finance leveraged buyouts, acquisitions, and corporate restructurings.
Here's Why Investors Should Retain Peloton Stock Now
PTON focuses on strategic partnerships and cost optimization efforts to drive growth. However, the discontinued Bike Rental Program poses concerns.
Is It Too Late to Buy Peloton Interactive Stock?
Peloton's stock soared to $167 per share during the 2020 home gym boom, but has plummeted 97% from that COVID-era peak. Cost-cutting measures and debt refinancing are part of Peloton's turnaround strategy.
Peloton's New Marketing Campaign to Promote Breadth of Fitness Offerings
Peloton's upcoming marketing campaign will reportedly promote the company's full range of services and target audiences the firm hasn't been reaching.
Peloton: I'm Buying This Stock, You Should Too
I'm confident that Peloton's current valuation at 9x this year's free cash flow is a rare opportunity. The company's debt maturity in 2029 allows ample time for restructuring and securing better terms. Subscriber churn is stabilizing, meaning Peloton can focus on growth and retention moving forward.
