Peloton Is Surging. Is the Connected Fitness Stock Finally a Buy?
Peloton Interactive (NASDAQ: PTON) just did something it's never done before. Shares of the connected fitness specialist gained 35% on Thursday, marking its biggest one-day surge since its IPO in 2019.
The gains come as investors have been desperate for any sign of a recovery from the beaten-down pandemic winner. Did investors get what they were looking for? Is it finally time to buy Peloton stock? Let's take a closer look at the latest results.
Image source: Peloton.
Source Fool.com
Peloton Interactive Inc. Stock
€4.21
-0.650%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 4 Sell predictions.
With a target price of 5 € there is a slightly positive potential of 18.72% for Peloton Interactive Inc. compared to the current price of 4.21 €.
