Wall Street is positive on Peloton Interactive Inc (PTON). On average, analysts give Peloton Interactive Inc a Strong Buy rating. The average price target is $52.863, which means analysts expect the stock to lose by -10.48% over the next twelve months.
That average ranking earns Peloton Interactive Inc an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Peloton Interactive Inc Stock Today?
Peloton Interactive Inc (PTON) stock has fallen -1.99% while the S&P 500 has gained 1.48% as of 3:51 PM on Thursday, Jul 2. PTON is lower by -$1.20 from the previous closing price of $60.25 on volume of 4,587,286 shares. Over the past year the S&P 500 has risen 6.20% while PTON has gained 129.23%. PTON lost -$0.88 per share the over the last 12 months.
