Where Will Peloton Stock Be in 3 Years?
Peloton Interactive's (NASDAQ: PTON) rapid rise and even faster fall make for a great business case study. Shares were once a massive winner for investors, but since March 2021, they have cratered a jaw-dropping 96% (as of March 6). The company continues to deal with ongoing struggles as it tries to get back in shape.
Where will this beaten-down consumer discretionary stock be in three years? I see two potential scenarios.
If we assume that CEO Barry McCarthy and his leadership team can successfully orchestrate a turnaround, then Peloton will undoubtedly be the darling on Wall Street once again.
Source Fool.com
Peloton Interactive Inc. Stock
€3.15
-4.330%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 122.15% increase which would mean more than doubling the current price of 3.15 € for Peloton Interactive Inc..
