Peloton Stock Is Soaring as Takeover Reports Heat Up. Here’s How Much It Might Be Worth.

Peloton Interactive stock was soaring on reports that multiple companies, including Nike and Amazon.com, were looking at acquiring the beleaguered stationary-bike maker.

Peloton stock (ticker: PTON) was up 32% to $32.40 amid reports that it had become a takeover target. The stock was down 31% in 2022 and 84% over the past year as of Friday’s close amid slowing sales of the company’s connected bikes, treadmill recalls, and other issues.

The…