In its upcoming report, Peloton (PTON) is predicted by Wall Street analysts to post quarterly loss of $0.18 per share, reflecting an increase of 73.5% compared to the same period last year. Revenues are forecasted to be $626.29 million, representing a year-over-year decrease of 2.5%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this p ...

Peloton (PTON) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 22, 2024, might help the stock move higher if these key numbers are better than expectat ...

Peloton (NASDAQ:PTON) stock is making a rather surprising move lower today. At the time of this writing, PTON stock is down more than 4% despite the company announcing a rather intriguing partnership with Google and Fitbit parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) to bring Peloton classes to Fitbit smartwatches.This partnership is aimed at improving the utility that Fitbit watches provide users. In addition to a number of other upgrades Alphabet announced during its Google event this week, providing users ...

ab 13 August 2024 Global Research and Evidence Lab Powered by YES UBS Evidence Lab Peloton Interactive Inc July Web Traffic for Interactive Visits down -12% YOY; Q4 Preview July is down less than June-May declines of -17-19% Our analysis of total interactive visits to the Peloton website, with interactive visits defined as total visits excluding bounced visits (those that enter a site, take no action and then leave), shows July web traffic is down -12%, improving from steeper declines in May down -19% and J ...

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ: PTON) will release its fourth quarter fiscal 2024 results before the U.S. stock market opens on Thursday, August 22, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Both of these stocks are trading in the red this year, but one appears to have far more long-term potential than the other.The Nasdaq Composite index is up 20% this year, and it's trading near a record high. But some technology stocks are yet to join in on the rally.SentinelOne (S -3.56%) is down 23% year to date, although it's comfortably off its worst levels. The company develops cybersecurity software powered by artificial intelligence (AI), which is likely to experience significant demand, so I'll argue ...

The connected fitness company is struggling to survive.Peloton (PTON 4.75%) is one of the worst-performing, hyped-up stocks in recent memory. The connected fitness provider that sells exercise bikes, treadmills, and workout subscriptions is off 98% from all-time highs, meaning every $100 invested at the peak is worth just $2 today. After seeing a boom in demand during the pandemic's height, Peloton has struggled to retain subscribers, generate a profit, and manage its balance sheet.In 2024 alone, the stock ...

Investors can contact the law firm at no cost to learn more about recovering their losses. LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm is investigating potential claims against the board of directors of Peloton Interactive Inc. (“Peloton” or the “Company”) (NASDAQ: PTON) concerning whether the board of directors breached its fiduciary duties to shareholders. If you purchased Peloton in 2021, still hold shares in the company, and wish to discuss this matter with us, or have any questi ...

Following the smart money can tip you off about good investment ideas and positions that you should trim from your portfolio. These investors have more time to research their investments and often have large teams doing their research. A lot of thought goes into each decision made by smart money. Emotions less easily sway this group; they have many years of Wall Street experience. Investors shouldn’t make decisions solely based on what someone else does. It is important to conduct your research while consid ...