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Added to YB: 2024-02-22

Pitch date: 2024-02-21

PTON [bearish]

Peloton Interactive, Inc.

-51.39%

current return

Author Info

No bio for this author

Company Info

Peloton Interactive, Inc. provides fitness and wellness products and services in North America and internationally.

Market Cap

$3.0B

Pitch Price

$4.32

Price Target

N/A

Dividend

N/A

EV/EBITDA

17.39

P/E

-23.82

EV/Sales

1.56

Sector

Leisure Products

Category

turnaround

Show full summary:
Peloton: Not Joining This Ride

$PTON: Peloton shifts from pandemic success to strategic transition under new CEO. Cost cuts, outsourcing, new tiers, partnerships aim to expand reach. Q2 shows stable margins but 6% YoY sales dip, high OpEx. Debt ratio up to 1.2, service costs +24% YoY. Wait for measurable results given risks.

Read full article (4 min)