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Is the Sell-Off in Peloton Overblown?

TheMotleyFool 
0 0 14.03.26
Is the Sell-Off in Peloton Overblown?
 

Peloton Interactive (NASDAQ: PTON) was once on top of the world. Incredible demand pushed the shares to new heights. More than five years ago in January 2021, the company's market cap approached $50 billion.

The fundamentals drastically weakened following the depths of the COVID-19 pandemic. And Peloton now trades 98% below its peak (as of March 11). Is the sell-off in this bike stock overblown?

Image source: The Motley Fool.

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Source Fool.com

Peloton Interactive Inc. Stock

€4.80
-1.030%
A loss of -1.030% shows a downward development for Peloton Interactive Inc..
Peloton Interactive Inc. is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
As a result the target price of 9 € shows a very positive potential of 87.5% compared to the current price of 4.8 € for Peloton Interactive Inc..
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