Peloton slides after Q4 report

Peloton Interactive

06/08/2026 14:09

** Fitness products maker Peloton Interactive PTON.O shares down 8% before the bell to $6 after Q4 results
** Co posted Q4 rev of $607.7 mln, up $1 mln from yr-ago, beating LSEG estimate of $597.7 mln, pointing to outperformance in equipment sales across both Peloton and Precor brands
** Adj EPS in qtr of 13 cents surpasses analysts' expectations by a penny
** Co says paid subscriptions fell 8.8% yr/yr to ~2.6 mln, within its guidance range
** It sees Q1 FY27 rev of $545-$565 mln and full-yr rev of $2.3-$2.4 bln
** Of 21 analysts covering the stock, recommendation breakdown is 9 "strong buy" or "buy", 11 "hold" and 1 "sell": median PT $8
** At Weds close, stock had rallied 25% over the past three months, putting it up 6% YTD. Nasdaq .IXIC has risen 13% in 2026

(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))