Peloton Interactive, Inc. Class A Common Stock | PTON

Daily Technical Analysis of Peloton Interactive, Inc. Class A Common Stock

Peloton Interactive is up a bit on the day, funds flowing in kept the price up 1.73% since yesterday.

Currently PTON isn't at a clear support/resistance line that seems tradable. Peloton Interactive has looked pretty good over the last few months. It has definitely cuaght a bid and had a nice run. Over the last 3 months, shareholders are no doubt pleased to see a 83.69 percent return. PTON might find some support at the 4.02 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Peloton Interactive By Price Target And Rating

Overall, the analysts have a more negative view on Peloton Interactive but it's not a very strong negative. The current Analysts Sentiment Score is -37.05. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Sanford C. Bernstein downgraded from Outperform to Market Perform on 2024-05-03 and dropped their 1 year price target to $3.80 which is down from $8.00. Robert W. Baird provided a price target decease of -30% to $3.50 from $5.00 on 2024-05-03. Needham & Company LLC announced that they are reiterating a rating of Hold on 2024-05-03. Roth Mkm dropped their price target by -28.57% to $5.00 on 2024-05-03. BMO Capital Markets provided a price target decease of -13.33% to $6.50 from $7.50 on 2024-05-03. Macquarie dropped their price target by -43.78% to $2.53 on 2024-05-03. On 2024-05-03 The Goldman Sachs Group lowered their price target by -39.13% to $3.50. Telsey Advisory Group reiterated a rating of Market Perform on 2024-04-29 and they lowered their price target by -20% to $4.00 from a previous target of $5.00. Bank of America announced a lowering of their price target to $3.25 from $4.00 on 2024-04-29. On 2024-03-11 Morgan Stanley initiated their coverage and rated as Equal Weight and added a price target of $3.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Peloton Interactive

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Peloton Interactive

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.