Fitness equipment maker Peloton‘s CEO Peter Stern has said the company is exploring ways to expand its customer base by making its products available for use in gyms, and launching a peer-to-peer marketplace for used equipment.Speaking at Bloomberg Tech Summit on Thursday, Stern said Peloton plans to distribute its machines to commercial gyms via its subsidiary Precor, a gym equipment supplier, and is working to add Peloton workouts to compatible Precor equipment. The company this week also set out to gra ...

Peloton stock soared during the pandemic but its share price has been downhill ever since. (Photo by ... More Michael Loccisano/Getty Images)Getty ImagesPeloton has launched an equipment and accessories resale marketplace called Peloton Repowered, as the company boss also slapped a ‘not for sale’ sign over the business.Speaking at a Bloomberg event today, CEO Peter Stern insisted that he had not been brought in to find a buyer for the company but instead is looking to capitalize on new and existing customer ...

Peloton introduced its own peer-to-peer resale marketplace, Repowered.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The launch aims to capture a segment of the expanding resale market for connected fitness equipm ...

Company Overview - Peloton Interactive, Inc. is actively engaging in new initiatives, including the launch of outdoor runs from Peloton Studios in New York, coinciding with Global Running Day [2]. Leadership and Organizational Changes - The new CEO, Peter C. Stern, has acknowledged the strength of the existing team and expressed gratitude towards previous leadership for their recruitment efforts [4]. - A significant organizational change includes the hiring of a new Chief Operating Officer, Charlie Kirol, aimed at improving supply chain operations [5].

Peloton (PTON) 2025 Conference June 04, 2025 01:00 PM ET Speaker0 For joining. I'm Curt Nagel. I'm the SMidCap Internet analyst here at BofA. Very pleased to welcome Peter Stern, CEO of Peloton. Thanks for joining today, we're really looking forward to the conversation. Thanks for Speaker1 having me, Curt. And I wanna just take a moment to acknowledge that today is global running day. So if you haven't gotten out already, I would encourage you to do it. And we're also launching today for the first time outd ...

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people's homes. The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.Sellers have the final say on how much to list the item for, but the AI tool will suggest a price based on information about the product, such ...

NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) announced its Chief Executive Officer and President, Peter Stern, will participate in a fireside chat at the Bank of America Global Technology Conference on Wednesday, June 4, 2025, at 10 AM PST. The live webcast and replay can be accessed in the Events section of the Company’s Investor Relations website: https://investor.onepeloton.com/news-and-events/events. About Peloton Peloton (NASDAQ: PTON) provides Members with world- ...

There's no denying the ultimate goal of investors: to buy stocks that can help them generate huge wealth over time. In fact, some might even want their investments to get them to a seven-figure net worth. Maybe Peloton Interactive (PTON 5.27%) has a chance to do that. As of this writing, shares of this once-booming consumer-facing enterprise trade 96% below their peak from January 2021 even though they have soared 120% in the past 12 months. If you buy this stock now, could you become a millionaire by 2035? ...

A handful of stocks benefited massively during the pandemic. It was an interesting time to be an investor, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains.A few of those stocks include Shopify (SHOP) , Zoom Video Communications (ZM) , and Peloton Interactive (PTON) . Below is a chart illustrating the performance of each over the last year, with the S&P 500 blended in as a benchmark.Image Source: Zacks Investment ResearchAs we can see above, t ...

Peloton Interactive reported strong results Thursday (May 8) for the third quarter, surpassing guidance on key metrics and showcasing progress on profitability. The company also raised its full-year fiscal 2025 guidance across several key financial measures.CEO Peter Stern highlighted achieving key metrics, improving member outcomes, expanding market reach, and enhancing efficiency during the company’s earnings call on Thursday.Personalized Plans, introduced in January, have been started by nearly 500,000 m ...