10 Stocks Lead Friday’s Charge

4. Peloton Interactive Inc. (NASDAQ:PTON)

Peloton Interactive rose by 6.75 percent on Friday to end at $6.96 apiece as investors repositioned portfolios amid a mostly muted trading week for the company.

Despite the sideways trading, PTON finished in the green territory, helped by an optimistic outlook from Canaccord, which gave the company a “buy” rating from “hold” previously, citing progress in rebounding to profitability coupled with its strong position in the fitness industry.

It also gave the company a $10 price target, representing a 43.7-percent upside from its latest stock price.

According to Canaccord, PTON is well-positioned for future growth, supported by a loyal member base of 6 million.

For the full year 2025, Canaccord expects PTON to achieve between $300 million and $350 million in adjusted EBITDA, a significant jump from the $3.5 million in the full year 2024.

Additionally, it sees revenues to inflect next year with new initiatives to be supported by subscriber growth by 2027.