Peloton(PTON)

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3 Must-Know Facts About Peloton Before You Buy the Stock
The Motley Fool· 2024-09-01 12:10
This is a high-risk stock, but daring investors might see the potential for rewards.Peloton Interactive (PTON 0.65%) made a splash recently when it reported its financial results for its fiscal 2024 fourth quarter (ended June 30). The market was ecstatic, sending shares 35% higher following the news that the business eked out a tiny revenue gain and continued to lower its net losses.Before you rush to buy this bike stock while it still trades well below its all-time high, here are three things you need to k ...
CEO: Peloton Struggles to Shift Consumer Perception Despite Rebranding
PYMNTS.com· 2024-08-30 21:59
Core Insights - Peloton's rebranding efforts have not yet fully resonated with consumers, as many still perceive the company primarily as a bike and cardio provider rather than a comprehensive fitness platform [1][2] - The company has introduced new app membership tiers, including a free option and two paid tiers, to broaden its appeal and enhance user engagement [2] - Peloton's paid connected fitness subscriptions decreased by 75,000 to 2.98 million in the fourth quarter, alongside a drop in paid app subscriptions by 59,000, ending the quarter with 615,000 [2] Pricing Strategy - Currently, there are no plans to increase subscription prices, although the company is evaluating pricing across its business [3] - Hardware pricing may be adjusted in certain markets where third-party distribution is significant, as margins need to be higher to support those channels [3] - Subscription margins are reported to be strong, while hardware margins face challenges [3] Future Outlook - The company aims to change the perception that it is solely a bike company, emphasizing strength training and running as key components of its offerings [4] - Peloton is focusing on marketing strategies that build demand before promotions, indicating a long-term growth strategy [4] - The company acknowledges that developing new areas of growth will take time, but sees potential in expanding beyond traditional fitness offerings [4]
Where Will Peloton Stock Be in 1 Year?
The Motley Fool· 2024-08-30 11:20
Peloton is trying to find its way after a big demand spike during the peak of the pandemic. It isn't going very well.Peloton Interactive's (PTON 2.21%) stock has had a great month, with the shares gaining around 33%. Most of that came after the company announced fiscal fourth-quarter 2024 earnings. The problem is that the earnings announcement that sparked a roughly 40% rally in the company's shares wasn't really good, it was just less bad. Peloton has a lot to prove over the next year.Peloton is a broken f ...
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- ...