PTON Stock Recent News

Peloton produced slight revenue growth and cut its losses in the fourth quarter. However, revenue is expected to decline in fiscal 2025 as the company sells less equipment and suffers subscriber declines.

Peloton reported quarterly earnings this week. The stock rose because of improving net losses and a potential short squeeze.

Shares of Peloton Interactive Inc. followed a record rally with another gain on Friday, but one J.P. Morgan analyst recommended investors stop buying because although quarterly results were encouraging, the outlook remains too uncertain.

Peloton Interactive Inc PTON shares rose in trading on Friday, after the company reported upbeat quarterly sales.

Analysts at Bank of America have repeated their ‘Underperform' rating on exercise equipment company Peloton Interactive Inc (NASDAQ:PTON) as they wait for subscriber growth to inflect, despite it reporting a quarterly earnings beat.  Peloton shares surged on Thursday after the company, known primarily for its stationary exercise bikes, reported fiscal fourth quarter earnings above estimates.

In a shareholder letter released Thursday, Peloton outlined its ongoing strategy to regain its financial footing. It highlights the implementation of a new one-time “used equipment fee” of $95 USD / $126 CAD.

In one of the biggest daily gains in 2024, Peloton (NASDAQ: PTON) stock added 35% to its value in a single trading session after the company announced surprise quarterly revenue growth for Q4.

Peloton Interactive Inc (NASDAQ:PTON) is to start charging people who buy bikes second-hand so they can use them. Users will have to hand over a US$95 (£72) “activation fee” for access to its fitness platform.

J.P. Morgan analyst Doug Anmuth downgrades shares of Peloton to Neutral from Overweight.

24/7 Wall St. Insights Peloton Interactive Inc. (NASDAQ: PTON) shares surged after its earnings beat.