Peloton Interactive is getting in on the resale market for its bikes and fitness equipment with its own proprietary marketplace.
Peloton launched its own secondary marketplace, Repowered, to get a slice of the burgeoning resale market for connected fitness equipment. Beginning Tuesday, people can list their equipment and gear for sale on Repowered and set their own price with the help of a generative AI tool, the company said.
A handful of stocks benefited massively during the pandemic. It was an interesting time to be an investor, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains.
Peloton Interactive reported strong results Thursday (May 8) for the third quarter, surpassing guidance on key metrics and showcasing progress on profitability. The company also raised its full-year fiscal 2025 guidance across several key financial measures.
Fitness stock Peloton Interactive Inc (NASDAQ:PTON) is down 13.8% at $6.02, after the company's mixed fiscal third-quarter earnings results.
Peloton Interactive, Inc. (NASDAQ:PTON ) Q3 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants James Marsh - Head, Investor Relations Peter Stern - President & Chief Executive Officer Liz Coddington - Chief Financial Officer Conference Call Participants Youssef Squali - Truist Arpine Kocharyan - UBS Doug Anmuth - JPMorgan Simeon Siegel - BMO Capital Markets Operator Thank you for standing by. My name is Celine, and I will be your conference operator today.
The headline numbers for Peloton (PTON) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Peloton (PTON) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.45 per share a year ago.
Wall Street couldn't be convinced by Peloton Interactive Inc (NASDAQ:PTON) upgraded outlook as the fitness-tech stock fell in Thursday's early deals – instead, Peloton's larger-than-expected loss took precedence. At 12 cents, Peloton's loss per share was double the market's consensus forecast of 6 cents.
Besides Wall Street's top -and-bottom-line estimates for Peloton (PTON), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Peloton Interactive's stock NASDAQ: PTON saw a recent increase in its stock price, closing higher on April 29, 2025, after Truist Financial NYSE: TFC upgraded the company's rating.
PTON's focus on enhancing hardware unit economics through strategic pricing adjustments bodes well. However, an uncertain macroeconomic environment is a woe.