You Searched For "peloton earnings" and got 20 results
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2 mins read
Peloton climbs 6% as tripled quarterly sales outweigh delivery issues, prompting a flurry of stock upgrades
The product shortage is "a good problem to have," JPMorgan analysts said. The bank lifted its price…
Ben Winck
2 mins read
Peloton's earnings shocker just wiped 34% off the stock as home-exercise interest fades - but JPMorgan says a strong holiday season can help propel it back up 60% next year
JPMorgan analysts maintained an 'overweight' rating ahead of the exercise equipment maker's stronge…
Isabelle Lee
3 mins read
Peloton will face investors one day after it recalled thousands of treadmills. Here are the top questions executives will face.
Beyond the financial impact of recalling more than 125,000 products, analysts say the company's lon…
Grace Kay
1 min read
Peloton sinks after issuing downbeat outlook as it slashes $400 off the price of its original exercise bike
The company said Friday it received a federal subpoena stemming from reports about injuries from it…
Carla Mozée
1 min read
Peloton drops 7% after the cycle-maker said it's struggling to keep up with surging demand for its flagship fitness products
Over the past year, Peloton's customers have complained of months-long waits, delivery delays, and …
Shalini Nagarajan
1 min read
Cathie Wood's Ark bought the dip in Peloton as the bike maker tumbled amid a larger than expected drop in its earnings
The Ark Next Generation ETF bought an additional 115,515 shares of PTON on Monday.
Emily Graffeo
2 mins read
Peloton's disastrous month doesn't mean the future of at-home fitness is dead, analysts say
Home fitness equipment sales, excluding Peloton bikes and treadmills, amounted to $3.3 billion betw…
Allana Akhtar
2 mins read
Peloton sheds $8 billion in value after earnings show the reopening is hitting sales hard
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders…
Harry Robertson
2 mins read
Wall Street analysts reveal why they remain 'big believers' in Peloton despite its astonishing 'fall from grace'
Peloton's stock price tumbled on Thursday after the high-tech at-home fitness giant reported weaker…
Mary Hanbury
2 mins read
Peloton is finally launching its long-rumored rowing machine
Peloton instructor Adrian Williams teased the new machine, calling it a "game-changer" for users' f…
Avery Hartmans
2 mins read
Peloton soars 20% to record highs after earnings show people flocking to its bike as gyms are closed across the country
"During the last few weeks of Q3, we saw a significant increase in demand for our bike, which has c…
Matthew Fox
2 mins read
Peloton will soar 43% from current levels as its stock catches up with surging demand, Goldman Sachs says
Peloton sales surged through the pandemic, and that trend will continue as gyms struggle to bring b…
Ben Winck
2 mins read
Peloton says it's facing a big challenge among fitness firms: people exercise more in the fall and winter
The seasonal pattern is most glaring in Peloton's sales of connected-fitness products, which includ…
Theron Mohamed
2 mins read
Black employees are questioning Peloton about their pay, as the fitness giant's CEO pulls in a $17.8 million compensation package
Black employees are questioning Peloton execs about pay, while the CEO earned $17.8 million last fi…
Kylie Robison
2 mins read
Peloton crumbles 20% to a record low after third-quarter earnings miss reveals a 'thinly capitalized' company
"We finished the quarter with $879 million in unrestricted cash and cash equivalents, which leaves …
Matthew Fox
2 mins read
Peloton will rally another 18% as profits trounce expectations over next year, Bank of America says
The bank's analysts raised their price target for Peloton shares to $101, citing healthy holiday de…
Ben Winck
2 mins read
Peloton surges 11% to another record as new biggest bull JPMorgan says the stock can soar 18% from current levels
"Peloton's biggest near-term challenge in our view is keeping up with elevated demand," said JPMorg…
Carmen Reinicke
2 mins read
Outgoing Peloton CEO John Foley takes the blame for Peloton's crash: 'We own this. I own this.'
"We've made missteps along the way," Foley said in his final investor call as Peloton CEO on Tuesda…
Ben Gilbert
1 min read
As Peloton fires over 2,800 employees, it's giving them a free 1-year subscription on the way out
Along with the layoffs, Peloton also announced CEO John Foley is stepping down, and the company is …
Ben Gilbert
2 mins read
Peloton sinks after missing Wall Street's sales forecast for next quarter
The quarterly figures show Peloton was still able to beat expectations after its controversial holi…