Where Will Peloton Stock Be in 3 Years?
Peloton Interactive's (NASDAQ: PTON) rapid rise and even faster fall make for a great business case study. Shares were once a massive winner for investors, but since March 2021, they have cratered a jaw-dropping 96% (as of March 6). The company continues to deal with ongoing struggles as it tries to get back in shape.
Where will this beaten-down consumer discretionary stock be in three years? I see two potential scenarios.
If we assume that CEO Barry McCarthy and his leadership team can successfully orchestrate a turnaround, then Peloton will undoubtedly be the darling on Wall Street once again.
Source Fool.com
Peloton Interactive Inc. Stock
Our community is currently high on Peloton Interactive Inc. with 11 Buy predictions and 4 Sell predictions.
As a result the target price of 6 € shows a positive potential of 49.44% compared to the current price of 4.02 € for Peloton Interactive Inc..