Morgan Stanley Cuts Peloton to Underweight as New Subscribers Plunge
Peloton’s new subscriber adds are down 78% from peak.
Peloton’s new subscriber adds are down 78% from peak.
Peloton reports its first-ever annual net profit but shares fall as FY2027 revenue is set to decline amid ongoing subscriber losses.
Peloton Q3 shows profit, higher revenue, strong cash flow, less debt, but subscribers still falling; outlook improved.
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Peloton unveils its Commercial Series for gyms – tough new bikes and treadmills combining Precor durability with Peloton's digital classes. Part of the company's push to expand and turnaround its business.
Hedge fund legend David Einhorn revealed on CNBC that he's buying shares of Acadia Healthcare, sending the stock up 12% in a day.