WallStreetZenWallStreetZen

How to Buy Peloton Interactive Stock

Peloton Interactive Inc

Peloton Interactive, Inc. provides interactive fitness products in North America and internationally.

Peloton Interactive stock last closed at $3.58, down 1.65% from the previous day, and has decreased 59.91% in one year. It has underperformed other stocks in the Leisure industry by 0.51 percentage points. Peloton Interactive stock is currently +32.59% from its 52-week low of $2.70, and -63.73% from its 52-week high of $9.87.

At the moment, there are 370.81M shares of PTON outstanding. The market value of PTON is $1.33B. In the past 24 hours, 6.85M PTON shares were traded.

How to Buy Peloton Interactive Stock

Wondering how to invest in Peloton Interactive stock? Here's how.
  1. Figure out where to buy Peloton Interactive stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Peloton Interactive stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Research Peloton Interactive stock: The Peloton Interactive ticker symbol is PTON. Is Peloton Interactive stock a good investment? Should you buy shares of PTON? How do PTON's underlying business fundamentals look? Do top analysts think Peloton Interactive is a good buy? Why has PTON's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PTON is a good stock to buy).
  5. Make your PTON purchase: Decide if you will purchase PTON shares at the current market price or use a limit order to buy PTON shares at a specific price.
  6. Watch your PTON investment: Create a watchlist to watch your new investment in Peloton Interactive shares.

Step 1: Figure out where to buy Peloton Interactive stock

You need an online brokerage account in order to access the NASDAQ market and buy PTON stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of stock by creating an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy PTON stock today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to create your new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you have opened your account on the best stock trading app for beginners, you need to deposit funds:

Check out the video below to see the process of transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Peloton Interactive stock

After you have decided on the best place to buy Peloton Interactive stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk and upside.

Peloton Interactive Numbers

PTON Price
$3.58
1w %
-1.1%
1y %
-59.91%
5y %
N/A
P/E
-1.7x
P/B
-2.25x
P/S
0.49x
PEG
N/A
Revenue
$2.70B
Earnings
-$763.30M
Fore. Rev. Growth
1.86%
Fore. Earn. Growth
N/A
Market Cap
$1.33B
Next Earnings
N/A
Next Dividend
N/A

Peloton Interactive Overview

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on PTON's stock page.

How is PTON stock valued?

You can use many financial metrics, analyses, models, and charts to gauge PTON's fair value.

You can access additional valuation analysis on PTON's stock here.

A look at PTON Cashflows and Balance Sheet

Pros:

  • There are more short-term assets than short-term liabilities on the PTON balance sheet.
  • PTON has $848.70M in cash and short term investments. This is sufficient to cover its annual cash burn of $185.80M.
  • PTON has cash burn of 185800000. It has sufficient cash and short-term investments to cover this for at least one year.

Cons:

  • Total PTON debt is still negative.
  • PTON profit margin has gone up by 0.52 percentage points in the past year, but the company is still unprofitable.
  • There are more long-term liabilities than short-term assets on the PTON balance sheet.
  • PTON debt to equity ratio of -5.08 is negative.

Do Wall Street analysts think it's a good time to buy Peloton Interactive stock

Out of 11 Equities analysts who research PTON, the consensus analyst rating on Peloton Interactive is a Hold

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest PTON Analyst Recommendations

Paul Golding, a bottom 10% analyst from Macquarie maintains PTON with a hold rating and lowers their PTON price target from $4.50 to $2.53, on May 3, 2024.

Simeon Siegel, a top 6% analyst from BMO Capital maintains PTON with a hold rating and lowers their PTON price target from $7.50 to $6.50, on May 3, 2024.

George Kelly, a top 16% analyst from Roth MKM maintains PTON with a strong buy rating and lowers their PTON price target from $7.00 to $5.00, on May 3, 2024.

Dana Telsey, a top 9% analyst from Telsey Advisory Group reiterates PTON with a hold rating and maintains their PTON price target from $4.00 to $4.00, on May 3, 2024.

Curtis Nagle, a top 17% analyst from Bank of America maintains PTON with a sell rating and lowers their PTON price target from $4.00 to $3.25, on Apr 29, 2024.

You can dive deeper into what analysts are saying on the Peloton Interactive stock forecast page.

PTON Trading Indicators

SMA10
3.59
SMA20
3.6
SMA50
3.56
SMA100
4.11
SMA200
4.78
MACD
-0.01
MACD Signal
-0.03
MACD Histogram
0.02
RSI
49.15
Stochastic %K
73.11
Stochastic %D
72.1
StochRSI %K
77.84
StochRSI %D
85.31

PTON Performance Numbers

Last year, PTON revenue was $2.70B. In the past four year, PTON's revenue has increased by 16.96% per year. This was faster than the Leisure industry average of 14.92%.

Dig into PTON's earnings and revenue performance here.

What are PTON executives and large shareholders up to?

Over the last year, executives and large shareholders at PTON have sold more shares than they have bought.

Karen Boone, Interim Co-CEO and President of PTON, was the latest PTON insider to sell. They sold $54,129.86 worth of PTON shares on Jun 4, 2024.

Dig into more about who owns PTON stock here.

Can I get consistent income from PTON stock?

No, Peloton Interactive doesn't provide an income stream by paying out dividends.

PTON Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your PTON purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, use a limit order.

Press the Open Trade button and your broker will execute the order.

If you want additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Watch your PTON investment

Now that you own some PTON stock, you'll want to stay up-to-date on your company.

Start a watchlist to monitor your PTON stock.

PTON Feed

How to Buy Stock in Peloton Interactive

To summarize, here are the 6 steps you need to take to buy Peloton Interactive stock right now:

  1. Figure out where to buy Peloton Interactive stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Peloton Interactive stock
  5. Make your PTON purchase
  6. Watch your PTON investment

If you need a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Peloton Interactive, create a watchlist on WallStreetZen today.

NASDAQ: PTON
$3.58-0.06 (-1.65%)
Updated Jun 11, 2024
Open eToro Account
NASDAQ: PTON
$3.58-0.06 (-1.65%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Peloton Interactive share?

As of Jun 11, 2024, it costs $3.58 to buy one share of Peloton Interactive stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.279 shares of PTON.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Peloton Interactive stock?

According to 11 Wall Street analysts who monitor Peloton Interactive, their consensus recommendation is to hold Peloton Interactive stock.

What is the best way to buy Peloton Interactive stock?

One way to place an order for Peloton Interactive stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.