Hello, Thanks for signing up for MarketBeat Daily Ratings—we’re excited to have you on board. Every weekday, you’ll get a curated summary of new “Buy” and “Sell” ratings from Wall Street’s top-rated analysts, the latest stock news, and bonus investing content—all delivered straight to your inbox. You’re just two quick steps away from completing your sign-up: 1. Make sure our emails go to your inboxGmail users:
Mobile: Tap the three dots (…) in the top right and select Move to Inbox or Move to Primary
Desktop: Click the folder icon at the top and select Move to Inbox or Primary Apple Mail users:
Tap our email address at the top (next to From: on mobile), then select Add to VIP Other providers:
Reply to this message and add newsletters@analystratings.net to your contacts 2. Confirm your subscriptionClick this link to confirm your subscription. This verifies your account and ensures you receive your newsletters without interruption instead of getting stuck in your spam filter. Confirm your subscription here. After you confirm, feel free to download our popular free report, "7 Stocks to Buy and Hold Forever" with this link. Thanks again for subscribing—we look forward to being part of your investing journey. 
Matthew Paulson
Founder and CEO, MarketBeat. P.S. If you didn’t mean to subscribe, no problem—you can unsubscribe here.
Just For You
Peloton Stock Is Rallying, But Can It Deliver Another 70% Upside?Submitted by Jennifer Ryan Woods. Publication Date: 4/18/2026. 
Key Points
- Peloton shares have already jumped more than 30% over the past month, and based on analyst estimates, the stock could climb another 70% over the next year.
- The company’s latest quarter showed continued pressure, with revenue of about $657 million missing estimates and falling nearly 3% YOY, while subscribers declined roughly 7%.
- Despite revenue and subscriber challenges, Peloton trades at a discount, with a price-to-sales ratio of 0.83, well below the leisure industry and broader consumer discretionary sector.
- Special Report: Elon’s “Hidden” Company
Peloton Interactive Inc. (NASDAQ: PTON) was hit hard after the COVID peak and has struggled since. Recently, however, the fitness-tech company has begun to rally. While challenges remain, if analyst estimates hold, investors could see significant upside over the next year. PTON went public in 2019 and then experienced a windfall when the COVID-19 pandemic hit in 2020 and people suddenly found themselves confined to their homes. With gyms closed or less accessible, many consumers bought Peloton equipment as a way to stay active and connect with instructors and other users.
When the SpaceX IPO launches, most investors will already be too late. The real opportunity isn't the IPO itself - it's the infrastructure behind it.
One small-cap company supplies a mission-critical component to Musk's xAI Colossus site that can't be built around. While retail waits for a ticker that doesn't exist yet, early money is moving into this supplier at a fraction of its potential value. See the small-cap stock powering the SpaceX buildout today
Demand sent the stock soaring. After debuting at $29 per share, it climbed above $170 by January 2021. But the boom proved short-lived. As pandemic tailwinds faded, the stock had retraced to the $30s by the end of 2021 and continued sliding in subsequent years, at one point falling below $3. Since April 2021, shares have fallen more than 95%. Peloton is not alone: other pandemic-era winners like Roku Inc. (NASDAQ: ROKU) and Teladoc Health Inc. (NYSE: TDOC) also saw their shares tumble as demand normalized. Stock Rally Sparks Renewed Investor InterestPeloton shares have regained some momentum. The stock remains far below its pandemic peak and below its 52-week high of roughly $9 reached last fall, but it has rallied recently, rising about 30% over the past month. Analyst estimates suggest the shares may have additional upside. The 12-month consensus price target for PTON is $8.60, based on 14 analyst ratings, implying significant upside from current levels. Three analysts see shares climbing above $10, and none of the price targets issued over the past year project the stock falling below $5. Most analysts rate the stock a Hold (eight), while five rate it a Buy and one rates it a Sell. Sentiment weakened after the company’s Q2 2026 earnings report on Feb. 5, which prompted two downgrades and four price-target cuts. Revenue Miss and Subscriber Declines Weighed on ResultsRevenue was a major issue in the quarter. Peloton reported roughly $657 million in revenue, down nearly 3% year over year and below analyst estimates of about $675 million. The shortfall was mainly due to weaker-than-expected equipment sales to existing members and longer-than-expected delivery times. The company also reported a decline of about 7% in its subscriber base compared with the prior year. The drop in equipment sales led Peloton to lower its full-year revenue outlook by $30 million, implying a year-over-year decline of roughly 3% at the midpoint. On the bottom line, Peloton posted a loss of 9 cents per share, an improvement from a 24-cent loss a year earlier but short of expectations for a 7-cent loss. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was a bright spot: Peloton reported $81 million in adjusted EBITDA, up 39% year over year and at the high end of its guidance. Gross margins also improved year over year, topping 50% and beating expectations. The company raised its fiscal-year 2026 (FY2026) total gross-margin guidance by 100 basis points to about 53% and increased its adjusted EBITDA outlook by $25 million to a range of $450 million to $500 million. PTON Sinks After Earnings But Rebounds SharplyOn the day of the earnings release, Peloton also announced that Chief Financial Officer Liz Coddington would leave the company the following month. The leadership change, along with softer-than-expected revenue, a decline in paid subscribers, and reduced revenue guidance, triggered a sharp sell-off, with shares dropping more than 25% after the news. The stock has remained volatile, falling as low as $3.65 in mid-March before rebounding above $5 a month later. Over the last month, Peloton’s 30% gain has outpaced the leisure and recreational products industry, which is up less than 2%. For the year, however, Peloton is down more than 10%, compared with the industry, which is up more than 8%. Current Valuation May Mean Room for UpsideAt today's prices, Peloton shares may appear undervalued. The stock trades at a price-to-sales (P/S) ratio of 0.83, meaning investors are paying less than 1x revenue to own PTON. That's below the leisure and recreation industry P/S of 1.17 and well below the broader consumer discretionary sector, which trades at a P/S of 3.32. The key question is whether Peloton can execute well enough to justify a higher valuation. Success will depend on how effectively the company manages its transition from a predominantly fitness-focused business to a broader wellness platform. If Peloton can stabilize and grow revenue consistently, it could push the stock higher and deliver meaningful upside for investors that helps meet analyst expectations. |
