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Is Peloton Stock a Buy Right Now? This Is What You Need to Know

TipRanks2022-02-09

Peloton (PTON) snuck out its FQ2 earnings before the market opened on Tuesday and once again slashed its outlook for the fiscal year.While the prior forecast had revenue coming in between $4.4 billion...

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  • zzann
    ·2022-02-09
    Peloton's brand appeal to a niche market that is in need of convenient access to fitness. It's business model is working well. As the company's subscriber base continues to grow at a rapid pace, Peloton's stock price has been increasing quickly. This trend should continue as the company expands the reach of its streamable classes and racks up more licensing deals. While investors in Peloton stock will have to endure frequent volatility, the company's unique business model and recurring revenue stream should lead to long-term growth.
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  • Victorhc88
    ·2022-02-09
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  • Bobopo
    ·2022-02-09
    Yes
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