Peloton Interactive Inc (NASDAQ:PTON), the connected fitness company, is keeping its 'Buy' rating from UBS with a price target of $10, after the company unveiled three new treadmills. The broker said Peloton's new Tread Flex model, priced at $2,195, was around 33% cheaper than the company's current treadmill, which costs $3,295.
NEW YORK--(BUSINESS WIRE)--Peloton (NASDAQ: PTON) today announced the launch of "Let Yourself Run," the next chapter of its "Let Yourself Go" brand platform, partnering with Grammy® Award-winning, multi-platinum global superstar Miley to debut the Peloton Tread Flex. The campaign spotlights Miley's new single "Bass Persuades" from her recently released tenth studio album, Bass Persuades, levera...
Peloton is launching three new treadmills, including its first folding model, as it looks to broaden appeal from casual walkers and hikers to professional athletes. The company is expanding Peloton IQ, an AI-powered training assistant, to provide running analysis and feedback.
NEW YORK--(BUSINESS WIRE)--Today, Peloton Interactive, Inc. (NASDAQ: PTON) is deepening its commitment to running, walking, and hiking while strengthening its position in the treadmill market with the launch of a new, accessibly priced, space-saving model and exciting new features for runners through its AI-powered coaching platform, Peloton IQ. Three new treadmills — Peloton Tread Flex, its fi...
Peloton Interactive issued a muted revenue outlook for fiscal 2027 as subscriber losses continue to deepen, overshadowing fourth-quarter profit gains and virtually flat revenue.
Peloton posted its first annual profit ever in fiscal 2026 under CEO Peter Stern, capping off years of efforts to get costs in line with sales. The connected fitness company is expecting gross margin and adjusted EBITDA to grow in fiscal 2027, but said it anticipates sales will slide as it laps price increases it implemented last fall.
Peloton Interactive Inc (NASDAQ:PTON) is expected to deliver a slightly better-than-expected fourth quarter but provide conservative fiscal 2027 guidance when it reports results, according to UBS analysts. UBS, which rates the stock ‘Buy' with an $11 price target, expects fourth quarter revenue of $595 million, slightly above the midpoint of the company's guidance range of $582 million to $602 ...
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