Can This Ridiculously Cheap Stock's Price Skyrocket by 2030?
Peloton Interactive (NASDAQ: PTON) has been pedaling in the wrong direction. Customers just aren't as excited about the fitness company's products and services as they were a few years ago, and the stock is taking a major hit as a result.
As of this writing, shares trade at a price-to-sales ratio of less than 0.6. That's about as low as the valuation has ever been in Peloton's entire public history. But perhaps some bullish supporters are hoping that things will get better for the company.
Can this ridiculously cheap consumer discretionary stock see its price skyrocket between now and 2030? Here's what investors need to know.
Source Fool.com
Peloton Interactive Inc. Stock
€4.23
-1.040%
Our community is currently high on Peloton Interactive Inc. with 9 Buy predictions and 3 Sell predictions.
As a result the target price of 5 € shows a slightly positive potential of 18.2% compared to the current price of 4.23 € for Peloton Interactive Inc..
