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PTON - Buying Opportunity For Peloton After The Recent Pullback
March, 01 2021 04:39 PM
Peloton Interactive Inc.
With the pullback associated with the tech selloff, Peloton looks apt for an opportunity to buy this dip. Peloton's growth potential and ability to continue growing subscribers and revenues at fast rates remains intact albeit with some obstacles. From FY23 to FY25, Peloton can find leverage within subscriber growth as well as new channel expansion to drive revenues at an estimated 28% CAGR. Supply chain issues and complications are the main major risk to the trade. For further details see:
Buying Opportunity For Peloton After The Recent Pullback
Stock Information
Company Name:
Peloton Interactive Inc.
Stock Symbol:
PTON
Market:
NASDAQ
Website:
onepeloton.com
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