Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. The company also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2021, it had approximately 5.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
IPO Year: 2019
Exchange: NASDAQ
Website: onepeloton.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/4/2024 | $3.75 → $9.00 | Underperform → Buy | BofA Securities |
11/1/2024 | $5.00 → $9.00 | Market Perform | Telsey Advisory Group |
8/23/2024 | $4.00 → $5.00 | Market Perform | Telsey Advisory Group |
8/23/2024 | $7.00 → $5.00 | Overweight → Neutral | JP Morgan |
7/16/2024 | Peer Perform | Wolfe Research | |
5/6/2024 | $8.00 → $4.00 | Buy → Neutral | Citigroup |
5/3/2024 | $8.00 → $3.80 | Outperform → Mkt Perform | Bernstein |
4/29/2024 | $5.00 → $4.00 | Market Perform | Telsey Advisory Group |
3/11/2024 | $3.00 | Equal-Weight | Morgan Stanley |
2/2/2024 | $6.00 → $5.00 | Market Perform | Telsey Advisory Group |
The first phase of the Find your push. Find your power. campaign features football player brothers T.J. and J.J. Watt NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Peloton (NASDAQ:PTON) today announced the launch of its new multi-phase creative campaign: Find your push. Find your power. The campaign acknowledges how motivation looks differently for everyone and celebrates Peloton's role in helping people find what pushes them to show up and reach their goals in fitness. In the first North America-based phase of Find your push. Find your power., Peloton targets millennial males by leveraging the 'friendly', real-life sibling rivalry between US football player brothers T.J. and J.J. Watt. Experience
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) has announced its financial results for first quarter fiscal 2025. Please visit the Peloton investor relations website to view the shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Call Details:Event: Peloton First Quarter Fiscal 2025 Earnings Conference CallDate: Thursday, October 31, 2024Time: 8:30 a.m. ET Live Call Registration (link) Live Audio Webcast (link) For those unable to participate in the conference call, a replay will be available on the investor relations page of the company's website for 30 days. About Peloto
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that Peter Stern, who currently serves as President of Ford Integrated Services and before that held leadership roles at Apple and Time Warner Cable, has been appointed to serve as Peloton's CEO and President effective January 1, 2025. The Company expects to appoint Mr. Stern to the Peloton Board. Jay Hoag, Chairperson of the Peloton Board, made the following statement on behalf of his fellow directors: Peter is a seasoned strategist with a track record of driving sustainable growth through innovation, and we have every confidence in his ability to lead Peloton during this important time.
Peloton Interactive, Inc. (NASDAQ:PTON) and Costco (NASDAQ:COST) today announced a partnership where Costco will sell the Peloton Bike+ in 300 of its US stores and on Costco.com this holiday season. Starting November 1, Costco members will be able to purchase an exclusive Bike+ bundle through February 15, 2025, or while supplies last. This partnership marks Peloton's first seasonal retail collaboration in the United States, partnering with a company dedicated to bringing its 136 million loyal members the best possible value on quality, brand-name merchandise. As Peloton continues to expand its third-party retail relationships, Costco allows the company to create additional exposure for its
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its first quarter fiscal 2025 results before the U.S. stock market opens on Thursday, October 31, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website at ht
World of Hyatt becomes first loyalty program to reward its members for completing Peloton workouts on property World of Hyatt in collaboration with Peloton (NASDAQ:PTON) announces that beginning today, World of Hyatt members can earn points for Peloton workouts completed on a Peloton Bike or Peloton Row at 700+ participating Hyatt hotels around the world. Grounded in listening and care, the collaboration provides World of Hyatt members more opportunities to earn points to apply towards future bookings, upgrades and experiences as they practice their wellbeing while traveling. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016
Qualified customers can now purchase Peloton equipment using tax-free HSA/FSA dollars with a few quick steps Truemed, the payment solution for merchants at the forefront of treating and preventing chronic disease, today announced a partnership with Peloton (NASDAQ:PTON). The partnership will make it easier for qualified US-based Peloton customers to use pre-tax Health Savings Account (HSA)/Flexible Spending Account (FSA) dollars to purchase applicable Peloton products, saving customers up to 40% off their purchase. Applicable products include the Peloton Bike, Bike+, Tread, Tread+ and Row. This partnership enables unprecedented access to fitness as a way to address chronic health condition
Harmonic Growth Partners, a leading expansion-stage investment firm that uniquely combines experienced investors with world-class technology CEOs, is excited to announce the addition of Daniel Vernic to its investment team as a Principal. Daniel's addition underscores Harmonic's commitment to offering market-leading, rapidly scaling technology companies a highly differentiated and valuable investment partner. Based in San Francisco, Daniel spent the first five years of his career at Goldman Sachs, where he worked in both equity and fixed income financial markets. Daniel holds a Bachelor of Arts from Bucknell University and an M.B.A. from the University of Virginia Darden School of Busines
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that the company will be participating in the Goldman Sachs Communacopia & Technology Conference on Wednesday, September 11, 2024, at 10:10 AM PDT (1:10 PM EDT). Attending for Peloton will be Liz Coddington, Chief Financial Officer. The live webcast and replay can be accessed in the Events section of the Company's Investor Relations website: https://investor.onepeloton.com/news-and-events/events. About Peloton Peloton (NASDAQ:PTON), provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any st
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that the company will be participating in the Citi Global TMT Conference on Thursday, September 5, 2024, at 10:00 AM EDT. Attending for Peloton will be Liz Coddington, Chief Financial Officer. The live webcast and replay can be accessed in the Events section of the Company's Investor Relations website: https://investor.onepeloton.com/news-and-events/events. About Peloton Peloton (NASDAQ:PTON), provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, o
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NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) has announced its financial results for first quarter fiscal 2025. Please visit the Peloton investor relations website to view the shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Call Details:Event: Peloton First Quarter Fiscal 2025 Earnings Conference CallDate: Thursday, October 31, 2024Time: 8:30 a.m. ET Live Call Registration (link) Live Audio Webcast (link) For those unable to participate in the conference call, a replay will be available on the investor relations page of the company's website for 30 days. About Peloto
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its first quarter fiscal 2025 results before the U.S. stock market opens on Thursday, October 31, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website at ht
NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) has announced its financial results for fourth quarter and full year fiscal 2024. Please visit the Peloton investor relations website to view the shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Call Details:Event: Peloton Fourth Quarter and Full Year Fiscal 2024 Earnings Conference CallDate: Thursday, August 22, 2024Time: 8:30 a.m. ET Live Call Registration (link) Live Audio Webcast (link) For those unable to participate in the conference call, a replay will be available on the investor relations page of the company's websi
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its fourth quarter fiscal 2024 results before the U.S. stock market opens on Thursday, August 22, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website at ht
Company to Continue Investment in Hardware, Software and Content Innovation, Improvements to Member Support Experience, and Marketing Optimization to Scale the Business Expects to Reduce Annual Run-Rate Expenses by More than $200 Million by End of Fiscal 2025 Q3 Fiscal Year 2024 Earnings Call Today at 8:30 am ET NEW YORK, May 2, 2024 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced comprehensive restructuring efforts to align the company's cost structure with the current size of its business. This restructuring will position Peloton for sustained, positive free cash flow, while enabling the company to continue to invest in software, hardware and content innovation, imp
NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its third quarter fiscal 2024 results before the U.S. stock market opens on Thursday, May 2, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website a
NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) has announced its financial results for second quarter fiscal 2024. Please visit the Peloton investor relations website to view the second quarter fiscal 2024 shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Additional Call Details:Event: Peloton Second Quarter Fiscal Year 2024 Earnings Conference CallDate: Thursday, February 1, 2024Time: 8:30 a.m. ET Live Call registration link: https://register.vevent.com/register/BIed5eab1b7bdf47fe9302e2e185ce38ae Live Audio Webcast: https://investor.onepeloton.com/news-and-events/ev
NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its second quarter fiscal 2024 results before the U.S. stock market opens on Thursday, February 1, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website at h
NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) has announced its financial results for first quarter fiscal 2024. Please visit the Peloton investor relations website https://investor.onepeloton.com/financial-information/quarterly-results to view the first quarter fiscal 2024 shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Additional Call Details: What: Peloton First Quarter Fiscal Year 2024 Earnings Conference Call When: Thursday, November 2, 2023 Time: 8:30 a.m. ET Live Call registration link: https://register.vevent.com/register/BI86001a8ba57e41d2afa35c1ab34a0e75 Li
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its first quarter fiscal 2024 results before the U.S. stock market opens on Thursday, November 2, 2023. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please go to this link to register (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register a day in advance or at a minimum 15 minutes before the start of the call. A live webcast of the conference call will also be available on the company's investor relations website at https:/
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that Peter Stern, who currently serves as President of Ford Integrated Services and before that held leadership roles at Apple and Time Warner Cable, has been appointed to serve as Peloton's CEO and President effective January 1, 2025. The Company expects to appoint Mr. Stern to the Peloton Board. Jay Hoag, Chairperson of the Peloton Board, made the following statement on behalf of his fellow directors: Peter is a seasoned strategist with a track record of driving sustainable growth through innovation, and we have every confidence in his ability to lead Peloton during this important time.
Barry McCarthy Stepping Down as CEO, President and Board Director Peloton Board Members Karen Boone and Chris Bruzzo will Serve as Interim Co-CEOs; Jay Hoag Becomes Chairperson of Board of Directors Board Commences CEO Search Process NEW YORK, May 2, 2024 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced Barry McCarthy is stepping down as President, CEO and a Peloton Board Director, and will become a strategic advisor to Peloton through the end of the year. The Board has initiated a comprehensive search process to identify Peloton's next CEO. Karen Boone, current Peloton Chairperson, and Chris Bruzzo, a Peloton Director, will serve as Interim Co-CEOs. In addition, Jay H
Jonathan Mildenhall to Step Down NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Peloton (NASDAQ:PTON) today announced the appointment of Chris Bruzzo as a member of the Board of Directors, effective today. Bruzzo, a proven leader with more than two decades of experience working for global consumer brands, brings extensive knowledge in marketing, brand management, digital strategy, communications, retail, and interactive entertainment. Current Board member Jonathan Mildenhall will simultaneously step down from his role to focus on his expanding professional responsibilities. "Chris is
Industry Leader to Build on Refreshed Brand Momentum to Drive Growth NEW YORK, Dec. 14, 2023 /PRNewswire/ -- Peloton (NASDAQ:PTON), the leading connected fitness platform, today announced the appointment of Lauren Weinberg as Peloton's new Chief Marketing Officer (CMO). She will replace Leslie Berland. Weinberg brings over 20 years of expertise as an insights-driven marketing leader. She will serve as a member of Peloton's leadership team, reporting directly to CEO Barry McCarthy. Weinberg will oversee brand and product marketing, growth marketing, creative, consumer insights, membership, and global communications.
Succeeding Peloton Co-Founder Tom Cortese, Technology Executive Joins Company's Lead Team NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Today Peloton (NASDAQ:PTON) announced the appointment of Nick Caldwell as Chief Product Officer (CPO), effective November 1, 2023. A Silicon Valley veteran with more than 20 years of global leadership experience, Caldwell joins the team with a proven track record of building and scaling products and services that excite customers, drive business growth, and deliver impact. Caldwell succeeds Peloton Co-Founder, Tom Cortese, and will report to CEO Barry McCarthy, leading global product development.
People Leader Completes Company's Lead Team NEW YORK, March 1, 2023 /PRNewswire/ -- Peloton (NASDAQ:PTON), the leading connected fitness platform, today announced the appointment of Dalana Brand as Peloton's Chief People Officer (CPO), effective March 13, 2023. As a seasoned executive with significant global leadership experience in multiple industries, Brand joins the team with a strong reputation for organizational transformation. She will report to CEO Barry McCarthy and serve as a member of the leadership team, leading the company's Global People Team. "Talent density has
Industry Veteran Brings More Than 20 Years of Transformative Marketing Experience to the Company NEW YORK, Jan. 17, 2023 /PRNewswire/ -- Peloton (NASDAQ:PTON), the leading connected fitness platform, today announced the appointment of Leslie Berland as Peloton's Chief Marketing Officer (CMO), effective January 18, 2023. Berland brings more than two decades of strategic and creative marketing expertise for iconic brands. She will report to CEO Barry McCarthy and serve as a member of the leadership team, overseeing brand and product marketing, creative, consumer insights, membership, and global communications.
NEW YORK, June 6, 2022 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced it has appointed Liz Coddington as the company's Chief Financial Officer, effective June 13, 2022. Ms. Coddington brings more than 20 years of experience in financial planning and analysis and operational finance, and has a proven track record of driving growth and building high-performance finance teams. She succeeds Jill Woodworth, who has decided to step down as Peloton's Chief Financial Officer after serving the company since 2018. Ms. Woodworth will serve as a consultant for Pel
NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced the appointment of two new directors to its Board: Angel L. Mendez, a proven supply chain leader at the intersection of software, technology, and industrial operations; and Jonathan Mildenhall, a globally recognized creative leader in marketing and advertising. Erik Blachford, who has served as a director since 2015, will step down from his role on the Board. In addition, Barry McCarthy, Peloton's newly named CEO and President, will join the Board as a director, and John Foley has b
NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced the following leadership transitions: Barry McCarthy, who has held senior leadership roles at Spotify and Netflix and is a longtime advisor and board member at public and private technology companies, has been appointed CEO and President of Peloton, effective on February 9, 2022. He will also join Peloton's Board of Directors. Peloton Co-Founder John Foley will become Executive Chair. William Lynch transitions from President of Peloton to a non-executive director on the Board.Karen B
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BofA Securities upgraded Peloton from Underperform to Buy and set a new price target of $9.00 from $3.75 previously
Telsey Advisory Group reiterated coverage of Peloton with a rating of Market Perform and set a new price target of $9.00 from $5.00 previously
Telsey Advisory Group reiterated coverage of Peloton with a rating of Market Perform and set a new price target of $5.00 from $4.00 previously
JP Morgan downgraded Peloton from Overweight to Neutral and set a new price target of $5.00 from $7.00 previously
Wolfe Research initiated coverage of Peloton with a rating of Peer Perform
Citigroup downgraded Peloton from Buy to Neutral and set a new price target of $4.00 from $8.00 previously
Bernstein downgraded Peloton from Outperform to Mkt Perform and set a new price target of $3.80 from $8.00 previously
Telsey Advisory Group reiterated coverage of Peloton with a rating of Market Perform and set a new price target of $4.00 from $5.00 previously
Morgan Stanley resumed coverage of Peloton with a rating of Equal-Weight and set a new price target of $3.00
Telsey Advisory Group reiterated coverage of Peloton with a rating of Market Perform and set a new price target of $5.00 from $6.00 previously
Wolfe Research analyst Shweta Khajuria initiates coverage on Peloton Interactive (NASDAQ:PTON) with a Peer Perform rating.
Amazon.com Inc‘s (NASDAQ:AMZN) 10th annual Prime Day is set to take place on July 16-17. It spans 24 countries, with India holding its Prime event later this summer. The 48-hour event will feature millions of deals across 35-plus product categories. JPMorgan analyst Doug Anmuth projects total GMV of $12.4 billion (+12% Y/Y) and total Retail Net Sales of $7.9 billion (+11% Y/Y), with $5.8 billion of those Net Sales being incremental, representing +13% growth Y/Y. Read Also: Amazon Prime Day 2024: Innovations Set To Overcome Economic Challenges, Ramp Up Sales Amazon Prime Day’s Ripple Effect According to Anmuth, Prime Day promotions have a significant impact beyond the Seattle-base
JMP Securities analyst Andrew Boone reiterates Peloton Interactive (NASDAQ:PTON) with a Market Perform.
Peloton Interactive's (NYSE:PTON) short percent of float has risen 52.01% since its last report. The company recently reported that it has 68.75 million shares sold short, which is 21.89% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.03 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
- Reuters
Peloton intends to use the net proceeds of the offering of the notes and the new credit facilities, together with cash on hand, to repurchase approximately $800.0 million of its 0.00% convertible senior notes due 2026 (the "Existing Notes"), to refinance its existing term loan and revolving credit facilities and to pay fees and expenses related thereto. The closing of the offering, the entry into the new credit facilities and the repurchase of the Existing Notes are not cross-conditioned upon each other, except the entry into the new credit facilities is conditioned upon the repurchase of at least $800.0 million aggregate principal amount of the Existing Notes.
Shares of James Hardie Industries plc (NYSE:JHX) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results. James Hardie Industries posted adjusted earnings of 40 cents per share, missing market expectations of 42 cents per share. The company's quarterly sales came in at $1.005 billion versus estimates of $1.009 billion, according to data from Benzinga Pro. JP Morgan analyst Al Harvey downgraded James Hardie Industries from Overweight to Neutral. James Hardie Industries shares dipped 14.3% to $31.36 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers MGO Global, Inc. (NASDAQ:MGOL) shares j
Peloton Interactive Inc (NASDAQ:PTON) shares are tumbling Tuesday after the company announced a global refinancing initiative. What To Know: Late Monday, Peloton said it intends to offer $275 million worth of convertible senior notes due 2029 in a private offering to institutional investors. The company noted that it will grant the initial purchasers a 13-day option to purchase up to an additional $41.3 million aggregate principal amount of the notes. Peloton also plans to enter into a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility. Peloton will use the net proceeds of the offering and the new credit facilities to repurchase approximat