Peloton’s improving profitability offsets questions around subscriber growth, UBS says

Peloton’s improving profitability offsets questions around subscriber growth, UBS says Proactive uses images sourced from Shutterstock Peloton Interactive Inc (NASDAQ:PTON)’s improving profitability and cash flow profile is helping strengthen its financial position, though questions around subscriber growth and demand trends continue to weigh on sentiment, according to UBS. The firm noted that Peloton is trading at below 4x EV/EBITDA as it approaches a run-rate EBITDA of more than $500 million. UBS said t ...