Just In: $PTON 3 Tech Stocks That Are Thriving Despite the Coronavirus
It's no secret we're in a highly uncertain economy created by the efforts to control the spread of the coronavirus pandemic. The U.S. unemployment rate, while showing some improvement recently, is still hovering around 8% and is significantly higher than the 3.5% it was in February just pri...
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News; $PTON Why Peloton Stock Soared 29% in September
Peloton Interactive (NASDAQ: PTON) stock rocketed 29.4% in September, according to data from S&P Global Market Intelligence . For context, the S&P 500 and Nasdaq indexes fell 3.8% and 5.2%, respectively, last month. In 2020, shares of the connected fitness specialist...
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NEWS: $PTON 1 Question Peloton Has to Answer
There's no question that Peloton (NASDAQ: PTON) has been one of the top "coronavirus stocks" of the year. The connected fitness specialist has gone from a controversial, unprofitable, and hyped-up IPO to a booming star during the pandemic. Its stock has jumped 270% so far this year,...
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JUST IN: $PTON Should You Buy These High-Flying Nasdaq Stocks?
It's a conundrum, to be sure. The Nasdaq Composite is struggling, touching its lowest lows since July this past week and acting as if it could keep edging lower. Yet, Nasdaq-listed names Peloton Interactive (NASDAQ: PTON) , Zoom Video Communications (NASDAQ: ZM) , and ...
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BREAKING NEWS: $PTON How Peloton Is About to Suck the Air Out of the Interactive Home Fitness Industry
Peloton Interactive (NASDAQ: PTON) is making big moves that are likely to significantly change the interactive home fitness industry. By offering much lower price points for its popular bikes and treadmills, the company is making it more affordable to join the Peloton ecosystem. Tha...
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BREAKING NEWS: $PTON Why Peloton Interactive Stock Is Running Higher Today
Shares of Peloton Interactive (NASDAQ: PTON) were running 7% higher in morning trading Friday on no company-specific news, though there continues to be confusion surrounding the development of the Prime Bike by connected fitness-equipment maker Echelon and Amazon (NASDAQ: AMZN...
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Breaking News: $PTON Is Peloton Interactive Ready to Grow Even More?
Peloton Interactive (NASDAQ: PTON) has enjoyed surging demand as the coronavirus pandemic has prompted a boom for in-home exercise equipment. In the quarter that ended June 30, revenue soared 172% year over year to reach $607.1 million, and the company closed out the period with...
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News; $PTON Peloton Stock Notches All-Time High
Peloton Interactive (NASDAQ: PTON) on Monday notched its new record for all-time high share price, closing at $94.80 per share, well above its previous record of $91.17 (reached on Sept. 9). This marks the third time the company has shattered the ceiling this month. Peloton has ...
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JUST IN: $PTON 2 Stocks That Have Tripled and Still Have Room to Grow
Peloton Interactive (NASDAQ: PTON) and Take-Two Interactive (NASDAQ: TTWO) have delivered big returns to investors, but these two companies are swimming in a big ocean of opportunity in their respective markets. Here's why it's not too late to buy these two top growth stocks...
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Breaking News: $PTON This Key Metric Should Get Peloton Investors Excited
Few companies can credit the COVID-19 pandemic for boosting their businesses quite like Peloton (NASDAQ: PTON) can. Shares of the high-end fitness equipment maker have more than tripled since its IPO 12 months ago, catapulting the company to a $25.9 billion valuation. As consume...
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BREAKING NEWS: $PTON 3 Ways Peloton Is Expanding the Appeal of Its Product
Peloton Interactive (NASDAQ: PTON) is making great progress in capturing its addressable market. Connected fitness subscribers more than doubled to 1.09 million last quarter. Peloton has estimated its serviceable addressable market to be 14 million, but management discussed three t...
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News; $PTON What to Look for When Nike Reports Q1 Earnings on Tuesday
Nike (NYSE: NKE) was battered as a result of the COVID-19 outbreak. The company had to close nearly all its stores at one point, and many of its wholesale partners had to do the same. Meanwhile, many sports leagues suspended or paused their seasons, which removed a critical opportunity ...
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Breaking News: $PTON Why Peloton Stock Jumped to a Record High Today
Shares of Peloton Interactive (NASDAQ: PTON) climbed 8.8% to a new closing high of $91.06 on Wednesday after a respected investment bank named it one of their top stock picks. JPMorgan analyst Doug Anmuth reiterated his firm's overweight rating on Peloton's stock and boosted ...
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Just In: $PTON 5 Top Stocks for September
Some investors may have heard of the September Effect, which is a phenomenon in which stocks tend to drop slightly in September in markets around the world. Since World War II, the S&P 500 has dropped by an average of 0.5% in September. The Dow Jones Industrial Average , for its part, d...
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Breaking News: $PTON Why Peloton Stock Surged to a New All-Time Today
Shares of Peloton Interactive (NASDAQ: PTON) leaped 8% to a closing high of $75.96 on Friday, furthering their recent gains. More investors appear to be embracing a bull thesis laid out by Goldman Sachs ' analysts earlier in the week. On Wednesday, analyst Heath Terry argued that Wa...
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BREAKING NEWS: $PTON 3 Surprising Stock Upticks
In this episode of MarketFoolery , host Chris Hill chats with analyst Emily Flippen about the latest headlines and earnings reports from Wall Street. They discuss three companies: a customer relationship management specialist, a sporting goods retailer, and a multinational lifestyle corporati...
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News: $PTON Here's What to Look for When Peloton Reports Q4 Results
As the coronavirus pandemic is creating increasing uncertainty around the world, Peloton (NASDAQ: PTON) is experiencing a surge in orders as states across the U.S. issued stay-at-home mandates. Thousands of gyms had to close their doors, forcing people to find other options for their wo...
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News: $PTON 3 Stay-at-Home Stocks to Buy in August
We're nearly five months into the new normal, and it's pretty clear that we're going to be spending a lot more time at home in the near future. Some of the market's biggest winners have been the stocks making life at home easier, and the real rock stars have been the ones that make staying at ho...
In case you are interested PTON - 3 Stay-at-Home Stocks to Buy in August
I’ll let this baby rise and become overvalued. Then I’ll short and make a killing once their revenues start dropping.
Yea okay, if you really believe people are not compulsive shoppers and will stay with this product on a monthly subscription for the rest of their lives... then you’re crazy. Likely a lot of these people will go back to the gym and end the monthly subscription. MARK MY WORD. Pin this to the chat or something.
Yeah but the stock is outrageously expensive already. You're paying "a ton for Peloton."
Yeah ok. Reaccurring subscription. You obviously don’t exercise. This is the future. Nobody returning to gyms for a long long time
Once this pandemic is under control and there is a vaccine. PTON will see huge revenue drops. There will be a big short opportunity in the future. Also, you’ll see a huge surge in used bikes for sale, further killing their revenues. Personal ownership Prlton bikes is mostly a substitute to fitness.
Let your stop determine.
Hope so. Trying to determine exit point
Green today and staying that way.
It was last Monday... Could be any minute
Riding higher for 2020
Dan Caplinger (Peloton Interactive): Health and wellness have been big trends in recent years, and keeping fit is an important part of many people's lifestyles. Peloton Interactive aims to make exercise more accessible and interactive to higher-end customers by introducing home fitness equipment that includes access to professional fitness classes. With the technology that Peloton includes in its stationary bikes and treadmills, you can enjoy an interactive exercise experience in which you're directly competing against other users wherever they are.
Peloton just went public a few months ago, but it's already growing at a solid pace. The company now counts about 563,000 subscribers among its paying customer base, with users of its app bringing its total membership count to more than 1.6 million people. Peloton managed to double its quarterly revenue in just the past 12 months, and it's doing a good job of holding onto the customers it brings in, with retention rates of 94% on a 12-month basis.
Moreover, Peloton users are finding more ways to get value from the service. The number of workouts per subscriber has been on the rise, with year-over-year gains from 8.9 to 11.7 per month in the company's most recent quarterly results.
A controversial ad brought Peloton some grief during the holiday season, but many dismissed the incident as having little impact on its core user base. Meanwhile, Peloton is offering customers the chance to use Peloton equipment on a free 30-day trial basis, giving them an introduction to the service and its benefits. Once people get to use the Peloton interactive platform, it's hard to go back to regular fitness equipment -- and Peloton is banking on that leading to increased customer growth.
Peloton is also aiming to expand its product line. Facing some criticism because of the high price tags for its products -- $2,245 for stationary bikes and $4,295 for treadmills -- Peloton is looking to offer a lower-cost treadmill option as well as a rowing machine alternative. Doing so could help the company break out of the reputation it has for serving only rich customers, and introducing a broader set of exercising users would help support the key interactive workout part of the business, which benefits from having more people on the service. Also, plans to introduce apps for those who have wearable devices could drive more users onto the Peloton platform.
In many investors' eyes, Peloton hasn't been a successful stock, as the share price has had trouble staying above the $29 per share at which it priced its initial public offering. Plenty of skeptics believe that Peloton is doomed to failure, and they're betting aggressively against the stock at its current price. Yet there are a lot of high-end customers who can afford to buy Peloton equipment, and the company's growth shows that many of them see the benefits of the company's interactive experience. As network effects build, it's likely that Peloton will see continued growth heading into 2020 -- and shareholders hope the stock will follow suit.
90 percent shares become unlocked - about 300 million Monday morning. Early investors will obviously start selling given socioeconomic issues with the virus and recession fears. They’re in the money at $7.
All these unicorn ipos tank when lock up expiry is over.
short burn is starting here....