Merrill Lynch analyst Justin Post maintained a Buy rating on Peloton Interactive (NASDAQ:PTON) on Tuesday, setting a price target of $150, which is approximately 42.57% above the present share price of $105.21.
Post expects Peloton Interactive to post earnings per share (EPS) of $0.24 for the fourth quarter of 2020.
The current consensus among 25 TipRanks analysts is for a Strong Buy rating of shares in Peloton Interactive, with an average price target of $133.17.
The analysts price targets range from a high of $160 to a low of $33.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $757.9 million and a net profit of $68.9 million. The company's market cap is $30.63 billion.
According to TipRanks.com, Merrill Lynch analyst Justin Post is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.5% and a 75.23% success rate.
Operates at-home fitness platform for live and on-demand indoor cycling classes