A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022.Peloton has quietly removed its unlimited free membership tier on its fitness app less than a year after it debuted because the initiative was failing to convert users into paid subscribers, the company said. Peloton dropped the free option for new users, once a key part of the business's growth strategy, within the last few weeks. People who signed up for the company's unlimited free ...

Buying on the dip isn't always an opportunity.Finding bargains in the stock market is the foundation of value investing. As the theory goes, undervalued stocks will rise to their intrinsic value given enough time.But cheap can mean so many things, and it tends to be quite subjective. Bank stocks, for example, generally trade at much lower valuations than other stocks, and growth companies can boast high price tags, even when they're generating steep losses.Then, there's the question of whether or not a "che ...

It's informative to think through potential outcomes with this once-booming fitness business.Warren Buffett, the legendary investor who has a remarkable track record leading Berkshire Hathaway, emphasizes thinking in probabilities. There are varying degrees of certainty with each possible outcome, and this can help inform how investors allocate capital.We can use this mental framework when looking at struggling fitness enterprise Peloton Interactive (PTON 5.35%). Shares of this consumer discretionary stock ...

In this articleBBWIEXPRPTONA person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023.Saul Loeb | AFP | Getty ImagesIn the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some began requiring payment when goods were delivered or refusing ...

Peloton Interactive (PTON -0.90%) has been pedaling in the wrong direction. Customers just aren't as excited about the fitness company's products and services as they were a few years ago, and the stock is taking a major hit as a result.As of this writing, shares trade at a price-to-sales ratio of less than 0.6. That's about as low as the valuation has ever been in Peloton's entire public history. But perhaps some bullish supporters are hoping that things will get better for the company.Can this ridiculousl ...

Peloton Interactive (PTON 3.54%) is attempting to shift its business model from one based around selling physical exercise devices to one built around subscriptions. That's not a bad plan, but the sale of its namesake exercise bikes, treadmills, and other devices is still a vitally important way to build a strong subscriber base. That's why management was so happy to report that sales of these items increased 77% in the fiscal second quarter of 2024. That sounds great, and it is, but it isn't nearly as grea ...

Peloton Interactive, Inc. (NASDAQ:PTON) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2024 12:30 PM ET Company Participants Elizabeth Coddington - CFO Conference Call Participants Nathan Feather - Morgan Stanley Nathan Feather Okay, great. Well, good morning, everyone. Thank you so much for joining us. My name is Nathan Feather and I'm Morgan Stanley's small and mid-cap Internet analyst. I'm excited to be joined today by Liz Coddington, Peloton's CFO. Thank you so much for joining us. ...

Shares of connected fitness giant Peloton Interactive (PTON -1.25%) fell 19% in February, according to data provided by S&P Global Market Intelligence. The company reported its fiscal second-quarter results, and investors weren't too happy about them.The news is getting worse instead of betterIt's hard to believe that not too long ago, Peloton was riding high as a pandemic-era darling. Sales were soaring, and demand was so high the company couldn't meet it.But that came crashing down quickly. Part of the pr ...

There are three tech stocks to sell for February. These companies are in the process of a slow decline via slowing fundamentals and weak business models that are not conducive to the long-term gains that investors hope for.Given the rising S&P 500 and Nasdaq indices, which generally signal robust market conditions, investors might expect all tech stocks to follow suit. This may be true to an extent for the three discussed in this article. However, I feel they also have distinct challenges that may hinder th ...

In the years since its business boomed during the social-distancing phases of the pandemic, Peloton Interactive (PTON -0.23%) has been dealing with ongoing challenges, and it's trying to get back to its winning ways. A new leadership team is implementing changes to get the struggling company on a path to achieving growth and financial soundness.Shareholders have been feeling the pain. As of this writing, the consumer discretionary stock is 97% below the peak price it reached in January 2021.  Maybe there's ...