Peloton Interactive, Inc. (NASDAQ:PTON) Citi Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Liz Coddington - CFO Conference Call Participants Ron Josey - Citi Ron Josey All right. We got the thumbs up. So welcome, everybody. I'm Ron Josey. I cover [Internet] sector here at Citi. It's always so exciting to have with me, Liz Coddington, Peloton CFO. I think we all know what Peloton is, and show hands if anyone have a Peloton in the room. Yes, it's a good amount of them soon. Maybe we ...

The connected fitness stock showed a hint of turnaround.Shares of Peloton Interactive (PTON -0.11%) were soaring last month after the struggling connected-fitness company posted better-than-expected results in its fiscal fourth-quarter earnings report, showing investors that the business could finally be mounting a turnaround.According to data from S&P Global Market Intelligence, the stock finished last month up 31%. As you can see in the chart, all those gains came from the earnings report. In fact, the st ...

This stock was hot during the pandemic. It's time to rethink its future.Peloton (PTON 2.01%) was a market darling before losses mounted after the pandemic and the company ran into financial problems. But the company's turnaround is nearly complete, and it's time for a fresh look at Peloton. Travis Hoium covers the company's recent financial improvement and new financing in the video below.*Stock prices used were end-of-day prices of Aug. 30, 2024. The video was published on Sept. 3, 2024. ...

This is a high-risk stock, but daring investors might see the potential for rewards.Peloton Interactive (PTON 0.65%) made a splash recently when it reported its financial results for its fiscal 2024 fourth quarter (ended June 30). The market was ecstatic, sending shares 35% higher following the news that the business eked out a tiny revenue gain and continued to lower its net losses.Before you rush to buy this bike stock while it still trades well below its all-time high, here are three things you need to k ...

Core Insights - Peloton's rebranding efforts have not yet fully resonated with consumers, as many still perceive the company primarily as a bike and cardio provider rather than a comprehensive fitness platform [1][2] - The company has introduced new app membership tiers, including a free option and two paid tiers, to broaden its appeal and enhance user engagement [2] - Peloton's paid connected fitness subscriptions decreased by 75,000 to 2.98 million in the fourth quarter, alongside a drop in paid app subscriptions by 59,000, ending the quarter with 615,000 [2] Pricing Strategy - Currently, there are no plans to increase subscription prices, although the company is evaluating pricing across its business [3] - Hardware pricing may be adjusted in certain markets where third-party distribution is significant, as margins need to be higher to support those channels [3] - Subscription margins are reported to be strong, while hardware margins face challenges [3] Future Outlook - The company aims to change the perception that it is solely a bike company, emphasizing strength training and running as key components of its offerings [4] - Peloton is focusing on marketing strategies that build demand before promotions, indicating a long-term growth strategy [4] - The company acknowledges that developing new areas of growth will take time, but sees potential in expanding beyond traditional fitness offerings [4]

Peloton is trying to find its way after a big demand spike during the peak of the pandemic. It isn't going very well.Peloton Interactive's (PTON 2.21%) stock has had a great month, with the shares gaining around 33%. Most of that came after the company announced fiscal fourth-quarter 2024 earnings. The problem is that the earnings announcement that sparked a roughly 40% rally in the company's shares wasn't really good, it was just less bad. Peloton has a lot to prove over the next year.Peloton is a broken f ...

kali9Peloton Fourth Quarter Review Peloton (NASDAQ:PTON) reported a fourth quarter that beat very low expectations. Seeking Alpha did a good job laying out the performance versus expectations for the quarter, as well as Q1 and full-year 2025 guidance. This chart is perhaps the most handy for comparison. Peloton Results versus Expectations (Seeking Alpha)People were definitely happy with an up total revenue quarter (the first in two years), higher subscription revenue (up 2.3% y/y), continued high subsc ...

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 Pelo ...

Another content distribution deal is moving Peloton in the right direction.Peloton's (PTON -1.63%) position as the leader in fitness classes has been established, and now it's expanding distribution of those classes to more platforms. We recently learned that Google will include some Peloton classes with its Fitbit subscriptions. In this video, Travis Hoium shows why this momentum is important to Peloton.*Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024. ...

Peloton delivered a great result for the fourth quarter of fiscal 2024, but it doesn't appear to have changed some of the company's structural issues.Peloton Interactive (PTON 1.24%) makes at-home exercise equipment fitted with digital screens, which can be used to stream everything from virtual classes to music. Its stock soared to an all-time high of $163 near the end of 2020 on the back of surging sales as consumers sought ways to remain active during lockdowns.But demand has plunged since then, and the ...