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Peloton Stock Falls After 800,000 Bikes Recalled Over Seat Issue
Forbes· 2025-11-06 21:20
ToplinePeloton’s stock price stumbled 6% on Thursday shortly after the company announced it would voluntarily recall some 833,000 exercise bikes due to an issue that could cause seats to break during use.A seat post issue could cause injuries or falls, the Consumer Product Safety Commission said.Getty ImagesKey FactsThe recall applies to Peloton Original Series Bike+ model PL02 sold between December 2019 and July 2022, according to the company, and impacted bikes will have a serial number beginning with the ...
Peloton’s (NASDAQ:PTON) Q3 Sales Top Estimates, Stock Soars
Yahoo Finance· 2025-11-06 21:10
Exercise equipment company Peloton (NASDAQ:PTON) announced better-than-expected revenue in Q3 CY2025, but sales fell by 6% year on year to $550.8 million. Guidance for next quarter’s revenue was optimistic at $675 million at the midpoint, 2.2% above analysts’ estimates. Its GAAP profit of $0.03 per share was $0.03 above analysts’ consensus estimates. Is now the time to buy Peloton? Find out in our full research report. Peloton (PTON) Q3 CY2025 Highlights: Revenue: $550.8 million vs analyst estimates of ...
Peloton(PTON) - 2026 Q1 - Quarterly Results
2025-11-06 21:01
Peloton Announces Q1 2026 Financial Results, Raises Full Year 2026 Adjusted EBITDA Guidance Cash Provided by Operating Activities was $72 million; Free Cash Flow* was $67 million, an increase of $57 million year-over-year NEW YORK, NY – November 6, 2025 – Peloton Interactive, Inc. today reported financial results for the quarter ended September 30, 2025. Q1 FY2026 Financial Highlights "In this quarter leading up to the launch of our new equipment lineup and Peloton IQ, our team once again demonstrated the p ...
Peloton recalls more than 800,000 US exercise bikes over faulty seat post
The Guardian· 2025-11-06 19:53
The US Consumer Product Safety Commission said on Thursday that Peloton Interactive was recalling about 833,000 units of its Original Bike+ Model PL02 after reports that the seat post assembly could break during use, posing a risk of falls and injuries.The consumer safety regulator said the fitness products maker had received three reports of the seat post breaking and detaching during use, including two incidents that resulted in injuries from falls.Consumers have been urged to stop using the recalled bike ...
Peloton recalls 833K bikes after seat flaw causes injuries to riders
New York Post· 2025-11-06 17:16
The Consumer Product Safety Commission said Thursday Peloton Interactive is recalling about 833,000 units of its Original Bike+ Model PL02 after reports that the seat post assembly could break during use, posing a risk of falls and injuries.The consumer safety regulator said the fitness products maker has received three reports of the seat post breaking and detaching during use, including two incidents that resulted in injuries from falls.Consumers have been urged to stop using the recalled bikes immediatel ...
Peloton recalls 833,000 bikes after reports of injuries
TechCrunch· 2025-11-06 15:35
Peloton is recalling around 833,000 of its original Bike+ machines following reports that some seat posts broke during use, according to the U.S. Consumer Product Safety Commission (CPSC). The CPSC reports that Peloton has received three complaints related to the issue, including two incidents in which users were injured. The affected Bike+ units were sold between January 2020 and April 2025. The CPSC is warning Peloton users to “immediately stop using the recalled exercise bikes.” “The integrity of our pr ...
Peloton issues new recall tied to seat post defect, affecting 833,000 bikes
Yahoo Finance· 2025-11-06 14:44
(Reuters) -The U.S. Consumer Product Safety Commission said on Thursday Peloton Interactive is recalling about 833,000 units of its Original Bike+ Model PL02 after reports that the seat post assembly could break during use, posing a risk of falls and injuries. The consumer safety regulator said the fitness products maker has received three reports of the seat post breaking and detaching during use, including two incidents that resulted in injuries from falls. Consumers have been urged to stop using the r ...
Peloton Interactive Inc. (NASDAQ: PTON) Earnings Preview: A Closer Look at Financial Metrics and Growth Prospects
Financial Modeling Prep· 2025-11-06 14:00
Peloton is expected to report a break-even EPS of $0.01 for Q1 fiscal 2026, with a projected revenue decline of 7.7% year-over-year.The company faces challenges such as a negative P/E ratio of approximately -24.11 and potential liquidity concerns with a current ratio of about 0.24.Despite revenue decline, Peloton's long-term growth may benefit from cost-saving measures and AI-driven innovation, alongside its integration with Precor.Peloton Interactive Inc. (NASDAQ: PTON) is a well-known fitness company that ...
Peloton recalls 833,000 more bikes over seat post issue, two injuries reported
CNBC· 2025-11-06 12:46
Core Points - Peloton is recalling its original Bike+ due to reports of seat post breakage leading to injuries, affecting 833,000 units sold between January 2020 and April 2025 [1][2] - The recall follows two injury reports related to falls caused by the seat post detaching, with a total of three reports received by the Consumer Product Safety Commission (CPSC) [2] - Peloton is offering a free seat post replacement for users to install at home and has emphasized the importance of product integrity and member well-being [3] - This is the second recall for Peloton related to seat post issues, with a previous recall in May 2023 affecting 2.2 million base Bike models due to similar problems [4] - The May 2023 recall resulted in higher membership churn, with 15,000 to 20,000 users pausing subscriptions, and incurred costs of at least $40 million for part replacements [5] - The current recall is the fifth since Peloton's founding, occurring as CEO Peter Stern aims to restore growth amid ongoing challenges [5] - The company has faced changing consumer dynamics post-COVID-19 and previous recalls, including a significant one for the Tread+ treadmill in 2021 [6] - Recently, Peloton relaunched its product lineup, raised prices, and introduced new features ahead of the holiday shopping season, with the current quarter being crucial for hardware sales [6] - Peloton is expected to report its first quarter fiscal 2026 earnings soon [6]