Added to YB: 2026-02-10
Pitch date: 2026-02-07
PTON [neutral]
Peloton Interactive, Inc.
-2.32%
current return
Author Info
Open Insights is a collaboration between Open Square Capital & HFI Research. Sign up for the newsletter.
Company Info
Peloton Interactive, Inc. provides fitness and wellness products and services in North America and internationally.
Market Cap
$2.0B
Pitch Price
$4.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.07
P/E
-37.04
EV/Sales
1.12
Sector
Leisure Products
Category
turnaround
Peloton's Q2: For Want of a Nail . . .
PTON (earnings): Q2 miss of $18M on $657M rev ($30M full-year guidance cut) triggered 30% drop despite strong fundamentals. FCF guidance raised to $275M, adj EBITDA to $475M, gross margins to 53%. Subscriber base declining 71K vs 40K expected. Debt refinance in May should lift restrictive covenants enabling M&A for wellness pivot. Trading 6x FCF, 3.5x EBITDA - asymmetric opportunity if growth returns.
Read full article (6 min)