Reading the tape
NASDAQ: PTON
Peloton Interactive, Inc.
Consumer Cyclical · Leisure
Market Cap
$2.14B
52w High
$9.20
52w Low
$3.65
P/E
-42.75
Volume
368.32K
Outstanding Shares
409.65M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -25.4%Revenue (TTM): -6.98%FCF (TTM): 128.29%P/FCF: 0th pct
What changed
The stock fell 25.4% over the last year. Revenue declined 6.98% over the trailing twelve months. Operating margin moved from -9.27% to 2.04%. Free cash flow grew 128.29% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 2.04%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally.
CEOPeter C. Stern
SectorConsumer Cyclical
IndustryLeisure
Employees2,853
IPO dateSep 26, 2019
Valuation
Forward P/E—
EV/EBITDA33.55
Enterprise value$3.64B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-2.6%
Gross margin51.73%▲13.88%vs FY2024
Operating margin2.04%▲92.58%vs FY2024
ROE28.74%▼72.96%vs FY2024
Analyst consensus
RatingBuy
Target price$7.10▲36.15%
20
Buy
18
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.06 · Revenue est $618.26M
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