Peloton(PTON)
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Peloton: Just Sell It
Seeking Alpha· 2024-08-29 16:11
kali9Peloton Fourth Quarter Review Peloton (NASDAQ:PTON) reported a fourth quarter that beat very low expectations. Seeking Alpha did a good job laying out the performance versus expectations for the quarter, as well as Q1 and full-year 2025 guidance. This chart is perhaps the most handy for comparison. Peloton Results versus Expectations (Seeking Alpha)People were definitely happy with an up total revenue quarter (the first in two years), higher subscription revenue (up 2.3% y/y), continued high subsc ...
Peloton Interactive, Inc. Announces Participation in the Goldman Sachs Communacopia & Technology Conference
GlobeNewswire News Room· 2024-08-28 20:40
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the company will be participating in the Goldman Sachs Communacopia & Technology Conference on Wednesday, September 11, 2024, at 10:10 AM PDT (1:10 PM EDT). Attending for Peloton will be Liz Coddington, Chief Financial Officer. 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 Pelo ...
Peloton Gets a Google-Size Boost
The Motley Fool· 2024-08-28 12:00
Another content distribution deal is moving Peloton in the right direction.Peloton's (PTON -1.63%) position as the leader in fitness classes has been established, and now it's expanding distribution of those classes to more platforms. We recently learned that Google will include some Peloton classes with its Fitbit subscriptions. In this video, Travis Hoium shows why this momentum is important to Peloton.*Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024. ...
Peloton Stock Soared 44% Last Week, but Here's Why the Rally Might Fade
The Motley Fool· 2024-08-27 11:57
Peloton delivered a great result for the fourth quarter of fiscal 2024, but it doesn't appear to have changed some of the company's structural issues.Peloton Interactive (PTON 1.24%) makes at-home exercise equipment fitted with digital screens, which can be used to stream everything from virtual classes to music. Its stock soared to an all-time high of $163 near the end of 2020 on the back of surging sales as consumers sought ways to remain active during lockdowns.But demand has plunged since then, and the ...
Don't Let Peloton Take You For a Ride: What You Need to Know
MarketBeat· 2024-08-27 11:16
Peloton Interactive TodayPTONPeloton Interactive$4.90 +0.06 (+1.24%) 52-Week Range$2.70▼$7.24Price Target$4.57Add to WatchlistPeloton NASDAQ: PTON wowed the market with its FQ4 results, sending its shares up nearly 50% in two days. This indicates a dynamic shift that could increase its price over the coming quarters and years. However, details within the report also point to headwinds that may cap gains today; a sustained rally is unlikely this year. The takeaway is that investors wanting to initiate or add ...
A Peloton Turnaround? Should Investors Take a Ride with the Stock?
The Motley Fool· 2024-08-27 09:35
The connected fitness company's efforts to get back in shape are paying off.Share prices of Peloton Interactive (PTON 1.24%) skyrocketed after the embattled company reported that it grew its revenue marginally in its fiscal 2024 fourth quarter and moved closer to profitability. The stock rose more than 35% during the trading session that followed its Q4 report's release, but the stock is still trading down more than 25% on the year.Could this be the right time for investors to hop on the stock and take a ri ...
Peloton slammed over $95 activation fee for used bikes — on top of monthly fee: ‘egregious money grab'
New York Post· 2024-08-26 21:07
Peloton was accused of an “egregious money grab” over its controversial decision to tack on a $95 “equipment activation fee” for those who purchased a used bike. The one-time fee, which was revealed in a shareholders letter and blog post when the company announced its earnings last week, comes on top of the $44 monthly subscription for Peloton’s online classes. Those who purchase new bikes, which cost significantly more than the used models, don’t have to pay the activation fee. The added fee left many die- ...
Peloton Is Surging. Is the Connected Fitness Stock Finally a Buy?
The Motley Fool· 2024-08-26 08:12
Peloton stock soared on its latest earnings report. Can it keep gaining?Peloton Interactive (PTON 6.37%) just did something it's never done before. Shares of the connected fitness specialist gained 35% on Thursday, marking its biggest one-day surge since its IPO in 2019.The gains come as investors have been desperate for any sign of a recovery from the beaten-down pandemic winner. Did investors get what they were looking for? Is it finally time to buy Peloton stock? Let's take a closer look at the latest re ...
Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump
PYMNTS.com· 2024-08-26 08:00
The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23 up 2.6%, led by the “Live” pillar up 3.7% and “Bank” at 2.7%. Many companies posted positive gains for the week, but none more than Peloton, which overcame a drop in subscription revenue announced in its quarterly earnings to go up more than 50% for the week. The companies who posted losses for the week were less dramatic, with Snowflake dropping 9.5%.Peloton was the story of the week. T ...
Peloton Produced Positive Free Cash Flow, but the Devil Is in the Details
The Motley Fool· 2024-08-25 10:30
Positive free cash flow, with some important caveats.Along with slight revenue growth and a greatly reduced net loss, troubled connected fitness company Peloton (PTON 6.37%) managed to produce positive free cash flow in the fourth quarter of fiscal 2024. Free cash flow came in at $26 million, a $100 million swing from the prior-year period.While having a balance sheet that's no longer bleeding cash is inarguably a good thing, free cash flow is a metric that often comes with some dirty secrets.Picking apart ...