peloton stock Archives

Peloton (PTON) Shares Jump 15% on Content and Apparel Partnership with Athletic Clothing Retailer Lululemon

Both Peloton and Lululemon will partner for 5 years as they hope to exchange benefits to help support the exercise and athletics businesses.

Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023

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By Tolu Ajiboye Aug 23, 2023

Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes.

Peloton (PTON) Shares Fall 11% as Morgan Stanley Points to Diminishing Web Traffic

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By Ibukun Ogundare Apr 13, 2023

Peloton is one of the few companies that massively benefitted from the unprecedented global health crisis that forced many to stay home.

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Peloton Made Sales in Subscriptions and Beats Revenue Expectations in Q2 FY2023

By Ibukun Ogundare Feb 2, 2023

The investor letter came as the Peloton CEO celebrated his first-year anniversary at the company.

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Peloton Reports Losses in Fiscal Q4 2022

By Ibukun Ogundare Aug 26, 2022

Without stating its expectations for the upcoming fiscal 2023, Peloton sees its subscribers staying flat in fiscal Q1 2023.

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PTON Stock Up 1.36% in Pre-Market as Peloton Prepares to Welcome New CFO

By Godfrey Benjamin Jun 7, 2022

Peloton has adopted a number of strategies to beat its current bearish business outlook, a move that involves proactive cost-cutting measures and leadership change.

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PTON Stock Slumps 26% as Peloton Reports Huge Loss in Fiscal Q3 2022

By Ibukun Ogundare May 10, 2022

According to Peloton, the fiscal Q3 losses were fueled by a sharp reduction in consumer demand.

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Peloton (PTON) Stock Down 8% amid Dull Future Outlook and Lower Analysts’ Ratings

By Steve Muchoki Nov 9, 2021

Peloton stock has dropped by approximately 51%, 66%, 54%, 40%, and 42% in the past year, YTD, three months, one month, and five days respectively.

By Godfrey Benjamin Sep 10, 2021

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PTON Shares Up 10% As Peloton Launches Its Own Apparel Line

By Godfrey Benjamin Sep 10, 2021

The design, production, and perfection of the Peloton Apparel brand were borne out of active feedback from the company’s instructors and members.

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PTON Stock Goes Down in Pre-market, Peloton Reports Disappointing Q4 2021 Earnings

By Steve Muchoki Aug 27, 2021

Peloton reported a net loss of $313.2 million compared to a net income of $89.1 million reported at the same time last year.

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PTON Shares Up 5% After Hours, Peloton Releases Q3 2021 Earnings with 141% Sales Growth

By Godfrey Benjamin May 7, 2021

The increased Peloton sales were fueled by the company’s targeted investments in its shipping line, a venture that has helped it reduce the hassles surrounding the delivery of its product.

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PTON Stock Down 2% Now Despite News on Peloton Partnership with Adidas

By Steve Muchoki Mar 18, 2021

Peloton stock investors remain vigilant to observe how the vaccine development affects the company’s future growth prospects.

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PTON Stock Tanks 5% After UBS Downgrade, Peloton Confident of Business Growth Ahead

By Bhushan Akolkar Jan 20, 2021

The stock downgrade comes amid the unprecedented run-up over the last year as the COVID-19 pandemic fueled the fitness-from-home business. Peloton also faces a major challenge ahead of delivering fitness equipment to its customers.

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Peloton (PTON) Shares Lose More than 5% After Goldman Sachs Downgrading

By Godfrey Benjamin Oct 22, 2020

While Goldman Sachs is neutral on Peloton shares, KeyBanc Capital Markets analyst Edward Yruma raised his price target for the shares in anticipation of imminent bullish price moves.

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Peloton Set to Launch New Bike and Cheaper Treadmill to Meet Customer Demand

By Tolu Ajiboye Sep 4, 2020

At the moment, Peloton has not made an official announcement regarding the launch. However, one of the sources added that the company may announce the launch before the 10th of September.