Barclays (LON:BARC) analyst Mario Lu maintained a Buy rating on Peloton Interactive (NASDAQ:PTON) on Friday, setting a price target of $130, which is approximately 55.11% above the present share price of $83.81.
Lu expects Peloton Interactive to post earnings per share (EPS) of $0.22 for the second quarter of 2021.
The current consensus among 23 TipRanks analysts is for a Moderate Buy rating of shares in Peloton Interactive, with an average price target of $134.32.
The analysts price targets range from a high of $185 to a low of $74.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.06 billion and a net profit of $58.8 million. The company's market cap is $24.68 billion.
According to TipRanks.com, Barclays analyst Mario Lu is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.6% and a 65.79% success rate.
Founded in 2012, Peloton Interactive Inc . is a New York-based exercise equipment and media company, which provides interactive fitness products such as the Peloton Bike and the Peloton Tread, for live and on-demand classes.