Are you interested in PTON stocks and want to buy them, or are PTON stocks already in your portfolio?
If yes, then this article will provide you with useful informational guide about the prospect of your investment and the strategy to realize greater rewards. This article will also show you expert analysis of PTON price forecast covering 12 years.
What is PTON Stock?
PTON Stock is a capital raising financial instrument of a company called Peloton Interactive Inc., through which it sells shares of stock in the NASDAQ exchange under the ticker symbol ‘PTON.’
Peloton Interactive Inc. operates an at-home technology-driven indoors fitness platform for physical health improvement and on-demand indoor cycling classes with live-operating streaming of instructor-led workshops.
The company was founded in 2012 with headquarters in New York, United states and regarded as pioneering technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members.
As of August 2022 Peloton Interactive Inc. has a market cap of $4.36 Billion. This makes Peloton the world’s 2559th most valuable company by market cap.
Is PTON Stock Publicly Traded?
The answer is yes. Peloton launched its initial public offering (IPO) in 2019 at $27 a share in the NASDAQ exchange under the ticker symbol ‘PTON’.
Soon after its IPO, PTON price quickly skyrocketed and in 2020 pushed further upwards more than 430%. Today, it has declined to about $11.58.
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Is PTON Stock Undervalued?
PTON stock is now in a decline of 88% and trades at a market cap of $6.7 billion. There is a lot of uncertainty around the future of this indoors fitness business.
However, over the last year, the stock’s price-to-sales ratio has fallen from around 20 times trailing sales to just 1.7 and the average stock that comprises the S&P 500 index trades at 2.9 times sales. This is an indication that Peloton stock is somewhat undervalued.
Is PTON Stock a Good Buy Now?
Before 2022, PTON stock has received a consensus rating of Buy from analysts. The company’s average rating score is 2.52, and is based on 11 buy ratings, 3 hold ratings, and 1 sell ratings.
Now, the long-term outlook for PTON remains potentially intriguing while the current picture is weak. And in the face of crashing prices there should be no buy. Peloton stock is not a buy right now.
Investors would do well to hold and see if Peloton can sustain an upward move and build a proper base before thinking about buying.
PTON Stock price Forecast
The 29 analysts offering 12-month price forecasts for PTON stock price have a median target of 20.00, with a high estimate of 35.00 and a low estimate of 8.00.
The median estimate represents a +70.94% increase from the last price of 11.70.
According to 12 Wall Street analysts offering 12-month price targets for PTON stock over the last 3 months. The average price target is $17.58 with a high forecast of $28.00 and a low forecast of $11.00.
The average price target represents a 51.81% change from the last price of $11.58.
How you can Buy PTON Stock
To buy the PTON Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -PTON- and research it before deciding if it is a good investment for you now.
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Step 5: Purchase Now or Later
Buy your preferred quantity of PTON stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained.
PTON Stock price Prediction 2022, 2023-2034
This prediction used Moving Average model on PTON historical price data, consideration of technical factors and supported by stock fundamental analysis.
PTON Stock Price Prediction 2022
PTON Stock price is estimated to peak at $11.86 by the end of 2022. The price will drop to as low as $11.09. Given that it is expected to be held for long-term, its average price is projected to $11.47. Volatility is about 8.00%.
PTON Stock Price Prediction 2023
Due to the prevailing market dynamics, PTON Stock is expected to move slowly upwards in 2023.
The price of PTON Stock is projected to attain a maximum value of $13.94. The minimum price is expected to reach $12.16. The average price is estimated as $13.05 with about 7.50% volatility.
PTON Stock Price Prediction 2024
In 2024, analysts predict that the PTON Stock will reach a maximum trading price is $13.58 and the minimum price is projected to hit $12.40.
There is a significant drop in the average price to $12.99. Average price volatility is estimated at 6.78%.
PTON Stock Price Prediction 2025
The year 2025 is expected to end with a maximum price of $17.79 and a minimum price value of $13.61. The average price is projected to $15.7 given a stable sectorial market condition.
The target price of PTON per share is expected to reach or exceed $15 in 2025. Volatility is estimated at 8.10%.
PTON Stock Price Prediction 2026
A technical analysis conducted by our stock experts’ shows that the price of PTON Stock in 2026 is expected to attain $14.05 minimum and $21.86 maximum.
The average expected trading value is $17.96, with volatility measured as 7.50% during the year.
PTON Stock Price Prediction 2027
The PTON stock’s prevailing price range is moving upwards slightly making investors to be optimistic about further rise in price in the long-term.
Experts predict that PTON Stock will attain $25.30 by the year 2027 with the minimum price value expected to hit $15.76. The average price of $20.53 is projected for the year with volatility measured at 7.51%.
Our conclusion is that PTON Stock will attain about $20 per share in 2027.
PTON Stock Price Prediction 2028
The year 2028 is expected to put the maximum PTON Stock price at $31.28 and a minimum of $18.49. The expected average trading price is around $24.88 with about 8.10% volatility estimated.
PTON Stock Price Prediction 2029
The price looks stable through this year. It is estimated that in 2029 there will be $19.08 minimum price and $34.62 maximum price.
On the average, the trading price will be around $26.85 as the PTON Stock moves upwards slightly at about 8.31% volatility.
PTON Stock Price Prediction 2030
Based on the aggregate point predictions of stock analysts, the estimated average price of PTON Stock will be around $26.05 which shows a slight decline in average price compared to the preceding year.
There is 8.57% average volatility in 2027. It is predicted to go up to a minimum of $19. 21 and reached a peak at $32.89.
PTON Stock Price Prediction 2031
By this year, analysts consider PTON Stock very unpredictable by both short term and long term investors. But the price is projected to go up further. It is expected that by the end of 2031 the stock will trade between $23.42 and $38.50.
On the average the PTON Stock will trade at $30.96 per share in 2029. Average Price volatility is estimated at 8.34% during the year. Our conclusion is that PTON stock price will reach $30 per share this year.
PTON Stock Price Prediction 2032
By this year, experts are optimistic about high price. Minimum projection is $25.73 with the possible peak reaching $47.86.
On the average, the target price is about $36.79 in 2032 with average volatility measured at 21%.
PTON Stock Price Prediction 2033
A combination of fundamental and technical analyses by our stock experts reveals a prospect of rising price in the year.
The price of PTON Stock in 2033 is expected to attain $33.57 minimum and $56.60 maximum.
The average expected trading price of PTON Stock is estimated at $45.08 with average price volatility measured at 8.63%. It is concluded that the price of PTON stock will reach $45 per share in 2033.
PTON Stock Price Prediction 2034
By this year, analysts expect a bullish rise in price based on the stock’s long term growth potential. Minimum projection is $39.83 with the possible peak reaching $61.15
On the average, the target price is about $50.49 in 2034 with average volatility measured at 9.03%. It is concluded that the price of PTON stock per share will reach $50 in the year 3034.
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Bottom Line
Due to the emerging competition in the Peloton fitness business, there is likelihood of a sustained decrease in its revenue and this trend will affect Peloton stock growth mechanism.
The price of PTON will rise slowly, not significantly in the long-term to entice aggressive investors. However, the PTON stock may become a long-term-buy given its low volatility.
