Peloton Interactive (NASDAQ:PTON) Trading 8.6% Higher – Here’s What Happened

22 May 2026, 12:23 by Teresa Graham · The Cerbat Gem

Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) shares traded up 8.6% during trading on Friday . The stock traded as high as $5.64 and last traded at $5.6250. 4,693,311 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 13,392,664 shares. The stock had previously closed at $5.18.

Analysts Set New Price Targets

Several analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price target on Peloton Interactive from $9.00 to $6.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Citigroup dropped their price objective on Peloton Interactive from $8.25 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Weiss Ratings raised Peloton Interactive from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. The Goldman Sachs Group raised their price objective on Peloton Interactive from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Argus downgraded Peloton Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Peloton Interactive currently has an average rating of “Hold” and an average price target of $8.25.

Get Our Latest Report on Peloton Interactive

Peloton Interactive Trading Up 10.9%

The company has a market capitalization of $2.49 billion, a P/E ratio of 143.66, a P/E/G ratio of 0.89 and a beta of 2.50. The company’s fifty day moving average is $4.75 and its 200 day moving average is $5.48.

Peloton Interactive (NASDAQ:PTON – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Peloton Interactive had a negative return on equity of 6.95% and a net margin of 0.94%.The business had revenue of $630.90 million during the quarter, compared to analysts’ expectations of $618.25 million. During the same quarter in the previous year, the business earned ($0.12) EPS. Peloton Interactive’s revenue for the quarter was up 1.1% compared to the same quarter last year. Equities research analysts predict that Peloton Interactive, Inc. will post 0.13 EPS for the current year.

Insider Transactions at Peloton Interactive

In related news, CFO Saqib Baig sold 29,075 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $5.27, for a total transaction of $153,225.25. Following the transaction, the chief financial officer owned 250,019 shares in the company, valued at $1,317,600.13. The trade was a 10.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Charles Peter Kirol sold 19,806 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $5.02, for a total transaction of $99,426.12. Following the transaction, the chief operating officer owned 125,112 shares in the company, valued at $628,062.24. This represents a 13.67% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 250,498 shares of company stock valued at $1,218,082. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PTON. Sankala Group LLC purchased a new stake in shares of Peloton Interactive in the fourth quarter worth about $31,000. Advisory Services Network LLC bought a new stake in shares of Peloton Interactive in the 3rd quarter worth about $48,000. Quarry LP bought a new stake in shares of Peloton Interactive in the 3rd quarter worth about $71,000. Cora Capital Advisors LLC bought a new stake in shares of Peloton Interactive in the 1st quarter worth about $43,000. Finally, Evolve Private Wealth LLC bought a new stake in shares of Peloton Interactive in the 4th quarter worth about $62,000. Institutional investors own 77.01% of the company’s stock.

Peloton Interactive Company Profile

(Get Free Report)

Peloton Interactive, Inc operates a digital fitness platform that combines connected exercise equipment with live and on-demand workout classes. The company’s core products include stationary bikes (Peloton Bike and Bike+), treadmills (Peloton Tread and Tread+), and the Peloton Row. Each device integrates a touchscreen display that streams instructor-led cycling, running, strength, yoga, meditation and other fitness classes. Peloton generates recurring revenue through subscription plans, which grant users access to its growing library of workouts, performance tracking tools and community features.