Stifel Nicolaus analyst Scott Devitt maintained a Buy rating on Peloton Interactive (NASDAQ:PTON) on Friday, setting a price target of $120, which is approximately 36.75% above the present share price of $87.75.
Devitt expects Peloton Interactive to post earnings per share (EPS) of -$0.20 for the third quarter of 2020.
The current consensus among 18 TipRanks analysts is for a Strong Buy rating of shares in Peloton Interactive, with an average price target of $87.38.
The analysts price targets range from a high of $120 to a low of $58.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $524.5 million and a net profit of -$58.4 million. The company's market cap is $24.85 billion.
According to TipRanks.com, Stifel Nicolaus analyst Scott Devitt is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.5% and a 71.47% success rate.
Operates at-home fitness platform for live and on-demand indoor cycling classes