Peloton Interactive Stock News

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.

Peloton 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.

Peloton introduced its own peer-to-peer resale marketplace, Repowered. [contact-form-7] The launch aims to capture a segment of the expanding resale market for connected fitness equipment and monetize devices no longer in active use in customers' homes, CNBC reported Tuesday (June 3).

Peloton Interactive, Inc. (NASDAQ:PTON ) Bank of America Global Technology Conference Call June 4, 2025 1:00 PM ET Company Participants Peter C. Stern - CEO, President & Director Conference Call Participants Curtis Smyser Nagle - BofA Securities, Research Division Curtis Smyser Nagle Peloton.

Peloton Interactive (PTON 0.91%) stock peaked at $163 in 2021, which represented an eye-popping return of 460% for investors who bought it at the time of its initial public offering (IPO) the year before. But the stock has since lost 95% of its peak value, and a recovery appears uncertain.

Peloton Interactive is getting in on the resale market for its bikes and fitness equipment with its own proprietary marketplace.

Peloton launched its own secondary marketplace, Repowered, to get a slice of the burgeoning resale market for connected fitness equipment. Beginning Tuesday, people can list their equipment and gear for sale on Repowered and set their own price with the help of a generative AI tool, the company said.

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.