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UBS Upgrade Spurs Peloton Stock Surge Amid Cost-Cutting Progress
UBS Upgrade Spurs Peloton Stock Surge Amid Cost-Cutting Progress
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BTCCSquare news:
Peloton Interactive shares surged 14.6% after UBS analyst Arpine Kocharyan upgraded the stock to 'buy,' citing an $11 price target—nearly double its previous close. The bullish outlook hinges on improved cost management and revenue growth, with fiscal 2026 EBITDA projections potentially exceeding Wall Street expectations by 25%.
While skeptics note EBITDA's limitations as a profitability metric, Peloton's return to positive free cash FLOW bolsters the case. At 11.5 times current-year FCF, the valuation appears undemanding for a company now generating $245 million in cash profit.
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