AI Stocks Dominate Friday’s Top 10 Performers

7. Peloton Interactive Inc. (NASDAQ:PTON)

Peloton Interactive rallied by 16.6 percent on Friday before a slight pullback to end just up by 16.14 percent at $7.05 apiece as investors cheered the company’s upgraded rating from an investment firm.

In a report on Friday, Canaccord raised its outlook for PTON to “buy” from “hold” previously, citing the company’s progress in rebounding to profitability and its strong position in the fitness industry. It also gave the company a $10 price target, representing a 42-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.