Is Peloton a Perfect Buyout Target?

By Travis Hoium – May 9, 2024 at 5:00AM

NASDAQ: PTON

Peloton Interactive

Market Cap

$1B

Today's Change

(0.77%) $0.03

Current Price

$3.92

Price as of May 17, 2024, 4:00 p.m. ET

A buyout might be the best for everyone at Peloton.

Reports are swirling that private equity buyers are circling Peloton (PTON 0.77%) and the stock reacted positively to the news. In this video, Travis Hoium shows why this may be a good buyout target and being private could be good for the company's turnaround.

*Stock prices used were end-of-day prices of May 7, 2024. The video was published on May 8, 2024.

Travis Hoium has positions in Peloton Interactive. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.