Peloton Stock Has 90% Upside, According to 1 Wall Street Analyst
PTONPeloton(PTON) The Motley Fool·2024-05-06 03:00

Peloton is free cash flow positive, and could generate nearly $200 million in annual cash profits in a few years. Peloton Interactive (PTON 9.43%) investors had a crazy week. The stock slipped 22% on Thursday after Peloton reported its CEO is stepping down and it missed on Q3 2024 sales, while reporting positive free cash flow (FCF). However, it rebounded later that day, even as Wall Street weighed in with (mostly negative) comments on the report. Pelton is now down 5% since the report. Multiple analysts cu ...