Reported 1 day ago
Peloton Interactive, Inc. (NASDAQ:PTON) saw its stock surge by 10.27% to close at $7.84 after exceeding earnings expectations for the fiscal year 2025, with revenues reaching $2.49 billion. Despite a year-over-year decline in revenue, the company significantly narrowed its net loss. Following these results, analysts from Goldman Sachs and Deutsche Bank raised their price targets for the stock, reflecting positive investor sentiment.
Source: YAHOO