We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Peloton Interactive, Inc. (NASDAQ:PTON) is one of the best-performing stocks on Friday.
Peloton Interactive rallied for a second day on Friday, jumping 10.27 percent to close at $7.84 apiece, as investors cheered its earnings beat for the full fiscal year of 2025, alongside higher price targets from investment firms.
In an updated report, Peloton Interactive, Inc. (NASDAQ:PTON) said it exceeded its full-year guidance on all key metrics, including revenue expectations of $2.455 billion to $2.470 billion, having posted actual revenues of $2.49 billion. The figure, however, was 7.8 percent lower than the $2.7 billion registered in the full fiscal year of 2024. Net loss also narrowed by 78 percent to $118.9 million from $551.9 million year-on-year.
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In the fourth quarter period, revenues decreased by 5.7 percent to $606.9 million from $643.6 million year-on-year, while a $21.6 million net income reversed a $30.5 million net loss in the same comparable period.
Following the results, Goldman Sachs gave Peloton Interactive, Inc. (NASDAQ:PTON) increased its price target to $11.5 from $7 prior, while Deutsche Bank raised its target to $8.20 from $7.80 with a “buy” recommendation.
UBS maintained its price at $11 with a “buy” recommendation, while Bernstein reaffirmed its price target of $7.5 with a “market perform” rating.
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finance.yahoo.com
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