Peloton (PTON) Regains 3.5% on Holiday Pickup

We recently published 10 Stocks Quietly Climbing Toward 2026. Peloton Interactive, Inc. (NASDAQ:PTON) is one of the best performers on Monday.

Peloton Interactive bounced back by 3.47 percent on Monday to finish at $6.27 apiece, as investors loaded portfolios amid an expected pickup in consumer spending during the holiday season, with sentiment supported by an earlier price target boost from an analyst.

Earlier this month, Guggenheim Securities issued a “hold” recommendation on Peloton Interactive, Inc.’s (NASDAQ:PTON) stock alongside a price target of $9.80. The figure marked a 56 percent upside potential from its latest closing price.

Guggenheim said that the coverage reflected its confidence in the overall retail sector amid the holiday cheer, adding that implemented tariffs have been manageable so far.

However, Peloton Interactive, Inc. (NASDAQ:PTON) posted a weak outlook for the holiday quarter, with revenues only targeted at a range of $665 million to $685 million, or an increase of only $1 million or 0.2 percent year-on-year at the midpoint.

For the full year, however, total revenues are targeted to end at $2.4 billion to $2.5 billion, representing a decrease of 2 percent year-on-year at the midpoint.

In the first quarter of fiscal year 2026 ending September 30, Peloton Interactive, Inc. (NASDAQ:PTON) swung to a net income of $13.9 million from a $900,000 net loss in the same period last year.

Revenues, however, dropped by 6 percent to $550.8 million from $586 million year-on-year, dragged by lower product and subscription revenues.

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Disclosure: None. This article is originally published at Insider Monkey.