PTON Stock Forecast: Sell the Stock of the Company with Negative Profitability and Poor Reputation

Yuwei ZhouThis PTON Stock Forecast article was written by Yuwei Zhou – Financial Analyst at I Know First.

Summary

  • PTON’s revenue total revenue for Q3 FY22 dropped by 23.6% compared to that one year ago
  • Peloton drops price on the original bike to record low
  • Customers are pulled underneath the treadmill, causing injuries
  • Z-Score is in the distress zone and implies bankruptcy possibility in the next two years

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