Why Peloton Stock Isn't as Outrageously Pricey as It Might Seem

Why Peloton Stock Isn't as Outrageously Pricey as It Might Seem
Beth McKenna, The Motley Fool

Earlier this month, Peloton Interactive (NASDAQ: PTON), the connected home-fitness leader, reported strong fiscal first-quarter 2021 results (for the period ended Sept. 30). Peloton's results have gotten a huge boost from the COVID-19 pandemic, which has driven more people to exercise in the safety of their homes. In 2020, Peloton stock is up 284% through Nov. 27, compared with the S&P 500 index's 14.5% return.