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2021-11-05
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Peloton Stock Is in Free Fall. This Is Where Analysts Say the Shares Are Going.<blockquote>Peloton 股票正在自由落体式下跌。分析师表示,这就是股价的走向。</blockquote>
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This Is Where Analysts Say the Shares Are Going.<blockquote>Peloton 股票正在自由落体式下跌。分析师表示,这就是股价的走向。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176744367","media":"Barrons","summary":"Peloton stock was plunging Friday after its third-quarter earnings disappointed and the company cut ","content":"<p>Peloton stock was plunging Friday after its third-quarter earnings disappointed and the company cut its full-year fiscal outlook.</p><p><blockquote>Peloton 股价周五暴跌,此前其第三季度盈利令人失望,并且该公司下调了全年财政展望。</blockquote></p><p> Analysts have started weighing in with downgrades and price target cuts.</p><p><blockquote>分析师已开始考虑下调评级和下调目标价。</blockquote></p><p> Peloton slipped 4.3% Thursday and the stock collapsed 32% in U.S. premarket trading Friday to $59—heading for its lowest levels since July 2020. It’s the latest “pandemic play” stock to come under pressure.</p><p><blockquote>Peloton 周四下跌 4.3%,周五美国盘前交易中该股暴跌 32%,至 59 美元,跌至 2020 年 7 月以来的最低水平。这是最新一只面临压力的 “大流行病 ”股票。</blockquote></p><p> Investment banks Stifel, Truist Securities, and Cowen, as well as investment advisory firm Evercore ISI and research firm MKM Partners, all lowered their price targets for Peloton stock on the back of the company’s earnings.</p><p><blockquote>投资银行 Stifel、Truist Securities 和 Cowen,以及投资咨询公司 Evercore ISI 和研究公司 MKM Partners 都根据 Peloton 的财报下调了该公司的目标价。</blockquote></p><p> Peloton reported a net loss of $376 million or $1.25 per share in its latest quarter, delivering a worse performance than the $1.10 per share loss expected by Wall Street. The company, which makes exercise equipment paired with monthly subscriptions, also cut its outlook for revenue this fiscal year—which ends June 2022—to a range of $4.4 billion to $4.8 billion, down from prior guidance of $5.4 billion.</p><p><blockquote>Peloton 公布最新季度净亏损 3.76 亿美元,即每股亏损 1.25 美元,业绩逊于华尔街预期的每股亏损 1.10 美元。该公司生产与每月订阅相结合的健身器材,还将本财年(截至 2022 年 6 月)的收入预期从之前的 54 亿美元下调至 44 亿至 48 亿美元。</blockquote></p><p> Truist Securities downgraded Peloton from Buy to Hold and cut its price target on the stock from $130 to $68.</p><p><blockquote>Truist Securities 将 Peloton 的评级从买入下调至持有,并将该股目标价从 130 美元下调至 68 美元。</blockquote></p><p> The Truist team, led by Youssef Squali, said its downgrade was primarily driven by softer-than-expected demand for bikes and treadmills this fiscal year, despite lower prices, as a result of consumers’ increased mobility.</p><p><blockquote>由优素福-斯夸利(Youssef Squali)领导的 Truist 团队表示,尽管由于消费者的流动性增加,自行车和跑步机的价格有所下降,但本财年对自行车和跑步机的需求低于预期,因此其评级下调的主要原因是自行车和跑步机的需求低于预期。</blockquote></p><p> Higher losses as a result of a pinch on margins and a lack of near-term catalysts for investors in the short term added to their view. Beyond June 2022, however, they see favorable trends around home fitness remaining intact, and see Peloton having potential for material growth and margin leverage.</p><p><blockquote>他们认为,由于利润率紧缩以及短期内投资者缺乏近期催化剂而导致的损失增加。然而,2022 年 6 月之后,他们认为家庭健身的有利趋势保持不变,并认为 Peloton 具有实质性增长和利润率杠杆的潜力。</blockquote></p><p> MKM Partners also downgraded Peloton Friday, from Buy to Neutral, similarly slashing its price target on the shares from $130 to $70.</p><p><blockquote>MKM Partners 周五还将 Peloton 的评级从买入下调至中性,同样将其目标股价从 130 美元下调至 70 美元。</blockquote></p><p> Managing director Rohit Kulkarni said they were wrong about how the re-opening and competitive headwinds would impact Peloton’s performance. The research group believes consumer preferences have changed rapidly, and that the company “has as yet seen the entirety of the potential near-term headwind.”</p><p><blockquote>总经理罗希特-库尔卡尼(Rohit Kulkarni)说,他们对重新开业和竞争逆风将如何影响 Peloton 的业绩的看法是错误的。该研究小组认为,消费者的偏好已经迅速变化,该公司 “尚未看到近期潜在的全部阻力”。</blockquote></p><p> “Peloton is going to be in cash-burn mode now.”</p><p><blockquote>“Peloton 现在将进入烧钱模式。”</blockquote></p><p> Another downgrade came from Stifel, which changed its rating on Peloton from Buy to Hold and lowered its price target from $120 to $70.</p><p><blockquote>Stifel 再次下调评级,将 Peloton 的评级从买入改为持有,并将目标价从 120 美元下调至 70 美元。</blockquote></p><p> Analysts led by Scott W. Devitt said that prior guidance had given them confidence that Peloton could grow through the reopening period, with a new product launch and expansion into international markets as potential catalysts. That’s changed.</p><p><blockquote>以 Scott W. Devitt 为首的分析师表示,之前的指导让他们相信 Peloton 可以在重新开业期间实现增长,新产品的推出和进军国际市场是潜在的催化剂。情况已经改变了。</blockquote></p><p> “We expect it will take several quarters to determine a more normalized pace of growth, or more skeptically, whether or not the revised outlook is an indication that the core product may be closer to maturity in existing markets than previously thought,” the analysts said. “We see limited near-term upside as Peloton works through this digestion period.”</p><p><blockquote>“分析师说:”我们预计需要几个季度的时间才能确定一个更正常的增长速度,或者更怀疑的是,修订后的展望是否表明核心产品在现有市场可能比之前想象的更接近成熟。“随着 Peloton 度过这一消化期,我们认为近期上涨空间有限”。</blockquote></p><p> Meanwhile, Evercore ISI maintained its In Line rating of Peloton and also slashed its price target, from $108 to $72.</p><p><blockquote>与此同时,Evercore ISI 维持对 Peloton 的一致评级,并将目标价从 108 美元下调至 72 美元。</blockquote></p><p> “Essentially, the company mis-forecasted the magnitude of the impact from reopening economies (and the resulting reduction in consumer demand), ongoing supply chain constraints, cost inflation, and logistics challenges when they initially provided FY’22 guidance last quarter,” the team at Evercore, led by Shweta Khajuria, said Thursday. “We remain on the sidelines.”</p><p><blockquote>“Evercore 由 Shweta Khajuria 领导的团队周四表示:”从本质上讲,该公司在上季度最初提供 22 财年指导时,错误地预测了经济重新开放(以及由此导致的消费者需求减少)、持续的供应链限制、成本上涨和物流挑战的影响程度。“我们仍在观望。”</blockquote></p><p> For its part, Cowen kept its Outperform rating on Peloton but lowered its price target from $130 to $100.</p><p><blockquote>Cowen 则维持 Peloton 跑赢大盘评级,但将目标价从 130 美元下调至 100 美元。</blockquote></p><p> The analysts at Cowen, led by John Blackledge, called Peloton’s results solid but noted the downbeat outlook for earnings. That said, they remain firm in their bullish view on the stock.</p><p><blockquote>以约翰-布莱克利奇(John Blackledge)为首的 Cowen 分析师称 Peloton 的业绩稳健,但也指出盈利前景悲观。尽管如此,他们仍然坚定地看好该股。</blockquote></p><p> “Peloton is the clear leader in the emerging connected fitness segment and is poised to expand its addressable market as awareness rises amid its expansion into new hardware & content verticals and international markets,” they wrote Friday.</p><p><blockquote>“他们周五写道:”Peloton 是新兴互联健身领域的明显领导者,随着其向新的硬件和内容垂直领域以及国际市场的扩张,人们的知名度不断提高,Peloton 准备扩大其潜在市场。</blockquote></p><p> Cowen sees demand for convenient fitness options, as well as favorable health and wellness trends, driving multiyear tailwinds.</p><p><blockquote>考恩认为,对方便的健身选择的需求,以及有利的健康和保健趋势,推动了多年的顺风。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peloton Stock Is in Free Fall. 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This Is Where Analysts Say the Shares Are Going.<blockquote>Peloton 股票正在自由落体式下跌。分析师表示,这就是股价的走向。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-05 20:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Peloton stock was plunging Friday after its third-quarter earnings disappointed and the company cut its full-year fiscal outlook.</p><p><blockquote>Peloton 股价周五暴跌,此前其第三季度盈利令人失望,并且该公司下调了全年财政展望。</blockquote></p><p> Analysts have started weighing in with downgrades and price target cuts.</p><p><blockquote>分析师已开始考虑下调评级和下调目标价。</blockquote></p><p> Peloton slipped 4.3% Thursday and the stock collapsed 32% in U.S. premarket trading Friday to $59—heading for its lowest levels since July 2020. It’s the latest “pandemic play” stock to come under pressure.</p><p><blockquote>Peloton 周四下跌 4.3%,周五美国盘前交易中该股暴跌 32%,至 59 美元,跌至 2020 年 7 月以来的最低水平。这是最新一只面临压力的 “大流行病 ”股票。</blockquote></p><p> Investment banks Stifel, Truist Securities, and Cowen, as well as investment advisory firm Evercore ISI and research firm MKM Partners, all lowered their price targets for Peloton stock on the back of the company’s earnings.</p><p><blockquote>投资银行 Stifel、Truist Securities 和 Cowen,以及投资咨询公司 Evercore ISI 和研究公司 MKM Partners 都根据 Peloton 的财报下调了该公司的目标价。</blockquote></p><p> Peloton reported a net loss of $376 million or $1.25 per share in its latest quarter, delivering a worse performance than the $1.10 per share loss expected by Wall Street. The company, which makes exercise equipment paired with monthly subscriptions, also cut its outlook for revenue this fiscal year—which ends June 2022—to a range of $4.4 billion to $4.8 billion, down from prior guidance of $5.4 billion.</p><p><blockquote>Peloton 公布最新季度净亏损 3.76 亿美元,即每股亏损 1.25 美元,业绩逊于华尔街预期的每股亏损 1.10 美元。该公司生产与每月订阅相结合的健身器材,还将本财年(截至 2022 年 6 月)的收入预期从之前的 54 亿美元下调至 44 亿至 48 亿美元。</blockquote></p><p> Truist Securities downgraded Peloton from Buy to Hold and cut its price target on the stock from $130 to $68.</p><p><blockquote>Truist Securities 将 Peloton 的评级从买入下调至持有,并将该股目标价从 130 美元下调至 68 美元。</blockquote></p><p> The Truist team, led by Youssef Squali, said its downgrade was primarily driven by softer-than-expected demand for bikes and treadmills this fiscal year, despite lower prices, as a result of consumers’ increased mobility.</p><p><blockquote>由优素福-斯夸利(Youssef Squali)领导的 Truist 团队表示,尽管由于消费者的流动性增加,自行车和跑步机的价格有所下降,但本财年对自行车和跑步机的需求低于预期,因此其评级下调的主要原因是自行车和跑步机的需求低于预期。</blockquote></p><p> Higher losses as a result of a pinch on margins and a lack of near-term catalysts for investors in the short term added to their view. Beyond June 2022, however, they see favorable trends around home fitness remaining intact, and see Peloton having potential for material growth and margin leverage.</p><p><blockquote>他们认为,由于利润率紧缩以及短期内投资者缺乏近期催化剂而导致的损失增加。然而,2022 年 6 月之后,他们认为家庭健身的有利趋势保持不变,并认为 Peloton 具有实质性增长和利润率杠杆的潜力。</blockquote></p><p> MKM Partners also downgraded Peloton Friday, from Buy to Neutral, similarly slashing its price target on the shares from $130 to $70.</p><p><blockquote>MKM Partners 周五还将 Peloton 的评级从买入下调至中性,同样将其目标股价从 130 美元下调至 70 美元。</blockquote></p><p> Managing director Rohit Kulkarni said they were wrong about how the re-opening and competitive headwinds would impact Peloton’s performance. The research group believes consumer preferences have changed rapidly, and that the company “has as yet seen the entirety of the potential near-term headwind.”</p><p><blockquote>总经理罗希特-库尔卡尼(Rohit Kulkarni)说,他们对重新开业和竞争逆风将如何影响 Peloton 的业绩的看法是错误的。该研究小组认为,消费者的偏好已经迅速变化,该公司 “尚未看到近期潜在的全部阻力”。</blockquote></p><p> “Peloton is going to be in cash-burn mode now.”</p><p><blockquote>“Peloton 现在将进入烧钱模式。”</blockquote></p><p> Another downgrade came from Stifel, which changed its rating on Peloton from Buy to Hold and lowered its price target from $120 to $70.</p><p><blockquote>Stifel 再次下调评级,将 Peloton 的评级从买入改为持有,并将目标价从 120 美元下调至 70 美元。</blockquote></p><p> Analysts led by Scott W. Devitt said that prior guidance had given them confidence that Peloton could grow through the reopening period, with a new product launch and expansion into international markets as potential catalysts. That’s changed.</p><p><blockquote>以 Scott W. Devitt 为首的分析师表示,之前的指导让他们相信 Peloton 可以在重新开业期间实现增长,新产品的推出和进军国际市场是潜在的催化剂。情况已经改变了。</blockquote></p><p> “We expect it will take several quarters to determine a more normalized pace of growth, or more skeptically, whether or not the revised outlook is an indication that the core product may be closer to maturity in existing markets than previously thought,” the analysts said. “We see limited near-term upside as Peloton works through this digestion period.”</p><p><blockquote>“分析师说:”我们预计需要几个季度的时间才能确定一个更正常的增长速度,或者更怀疑的是,修订后的展望是否表明核心产品在现有市场可能比之前想象的更接近成熟。“随着 Peloton 度过这一消化期,我们认为近期上涨空间有限”。</blockquote></p><p> Meanwhile, Evercore ISI maintained its In Line rating of Peloton and also slashed its price target, from $108 to $72.</p><p><blockquote>与此同时,Evercore ISI 维持对 Peloton 的一致评级,并将目标价从 108 美元下调至 72 美元。</blockquote></p><p> “Essentially, the company mis-forecasted the magnitude of the impact from reopening economies (and the resulting reduction in consumer demand), ongoing supply chain constraints, cost inflation, and logistics challenges when they initially provided FY’22 guidance last quarter,” the team at Evercore, led by Shweta Khajuria, said Thursday. “We remain on the sidelines.”</p><p><blockquote>“Evercore 由 Shweta Khajuria 领导的团队周四表示:”从本质上讲,该公司在上季度最初提供 22 财年指导时,错误地预测了经济重新开放(以及由此导致的消费者需求减少)、持续的供应链限制、成本上涨和物流挑战的影响程度。“我们仍在观望。”</blockquote></p><p> For its part, Cowen kept its Outperform rating on Peloton but lowered its price target from $130 to $100.</p><p><blockquote>Cowen 则维持 Peloton 跑赢大盘评级,但将目标价从 130 美元下调至 100 美元。</blockquote></p><p> The analysts at Cowen, led by John Blackledge, called Peloton’s results solid but noted the downbeat outlook for earnings. That said, they remain firm in their bullish view on the stock.</p><p><blockquote>以约翰-布莱克利奇(John Blackledge)为首的 Cowen 分析师称 Peloton 的业绩稳健,但也指出盈利前景悲观。尽管如此,他们仍然坚定地看好该股。</blockquote></p><p> “Peloton is the clear leader in the emerging connected fitness segment and is poised to expand its addressable market as awareness rises amid its expansion into new hardware & content verticals and international markets,” they wrote Friday.</p><p><blockquote>“他们周五写道:”Peloton 是新兴互联健身领域的明显领导者,随着其向新的硬件和内容垂直领域以及国际市场的扩张,人们的知名度不断提高,Peloton 准备扩大其潜在市场。</blockquote></p><p> Cowen sees demand for convenient fitness options, as well as favorable health and wellness trends, driving multiyear tailwinds.</p><p><blockquote>考恩认为,对方便的健身选择的需求,以及有利的健康和保健趋势,推动了多年的顺风。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/peloton-stock-is-in-free-fall-heres-where-analysts-say-the-shares-are-going-51636112051?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.barrons.com/articles/peloton-stock-is-in-free-fall-heres-where-analysts-say-the-shares-are-going-51636112051?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176744367","content_text":"Peloton stock was plunging Friday after its third-quarter earnings disappointed and the company cut its full-year fiscal outlook.\nAnalysts have started weighing in with downgrades and price target cuts.\nPeloton slipped 4.3% Thursday and the stock collapsed 32% in U.S. premarket trading Friday to $59—heading for its lowest levels since July 2020. It’s the latest “pandemic play” stock to come under pressure.\nInvestment banks Stifel, Truist Securities, and Cowen, as well as investment advisory firm Evercore ISI and research firm MKM Partners, all lowered their price targets for Peloton stock on the back of the company’s earnings.\nPeloton reported a net loss of $376 million or $1.25 per share in its latest quarter, delivering a worse performance than the $1.10 per share loss expected by Wall Street. The company, which makes exercise equipment paired with monthly subscriptions, also cut its outlook for revenue this fiscal year—which ends June 2022—to a range of $4.4 billion to $4.8 billion, down from prior guidance of $5.4 billion.\nTruist Securities downgraded Peloton from Buy to Hold and cut its price target on the stock from $130 to $68.\nThe Truist team, led by Youssef Squali, said its downgrade was primarily driven by softer-than-expected demand for bikes and treadmills this fiscal year, despite lower prices, as a result of consumers’ increased mobility.\nHigher losses as a result of a pinch on margins and a lack of near-term catalysts for investors in the short term added to their view. Beyond June 2022, however, they see favorable trends around home fitness remaining intact, and see Peloton having potential for material growth and margin leverage.\nMKM Partners also downgraded Peloton Friday, from Buy to Neutral, similarly slashing its price target on the shares from $130 to $70.\nManaging director Rohit Kulkarni said they were wrong about how the re-opening and competitive headwinds would impact Peloton’s performance. The research group believes consumer preferences have changed rapidly, and that the company “has as yet seen the entirety of the potential near-term headwind.”\n“Peloton is going to be in cash-burn mode now.”\nAnother downgrade came from Stifel, which changed its rating on Peloton from Buy to Hold and lowered its price target from $120 to $70.\nAnalysts led by Scott W. Devitt said that prior guidance had given them confidence that Peloton could grow through the reopening period, with a new product launch and expansion into international markets as potential catalysts. That’s changed.\n“We expect it will take several quarters to determine a more normalized pace of growth, or more skeptically, whether or not the revised outlook is an indication that the core product may be closer to maturity in existing markets than previously thought,” the analysts said. “We see limited near-term upside as Peloton works through this digestion period.”\nMeanwhile, Evercore ISI maintained its In Line rating of Peloton and also slashed its price target, from $108 to $72.\n“Essentially, the company mis-forecasted the magnitude of the impact from reopening economies (and the resulting reduction in consumer demand), ongoing supply chain constraints, cost inflation, and logistics challenges when they initially provided FY’22 guidance last quarter,” the team at Evercore, led by Shweta Khajuria, said Thursday. “We remain on the sidelines.”\nFor its part, Cowen kept its Outperform rating on Peloton but lowered its price target from $130 to $100.\nThe analysts at Cowen, led by John Blackledge, called Peloton’s results solid but noted the downbeat outlook for earnings. That said, they remain firm in their bullish view on the stock.\n“Peloton is the clear leader in the emerging connected fitness segment and is poised to expand its addressable market as awareness rises amid its expansion into new hardware & content verticals and international markets,” they wrote Friday.\nCowen sees demand for convenient fitness options, as well as favorable health and wellness trends, driving multiyear tailwinds.","news_type":1,"symbols_score_info":{"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":3036,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/842002040"}
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