Despite Near-Term Headwinds, Peloton Stock Looks Like A Buy At $82

We worth Peloton inventory at about $130 per share, about 10% forward of the present market worth. See our evaluation on Peloton Valuation: Is PTON Inventory Costly Or Low cost? for extra particulars.

[8/7/2021]

Peloton (NASDAQ: PTON) inventory has had a comparatively powerful yr, declining by about 20% since early January and stays down by nearly 33% from its all-time highs, as buyers count on that larger vaccination charges and a continued re-opening of the gyms and in-person health courses would harm demand for the corporate’s health tools and subscriptions. Nonetheless, there have been a few constructive developments for the corporate during the last a number of weeks.

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