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Peloton struggles with falling revenue and competition despite new CEO's efforts.

Company Fundamentals
13 Apr 2026
24/7 Wall Street
View Source
Bearish
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Peloton's revenue fell 3% year over year to $657 million in the latest quarter, with a $39 million loss, as customers return to gyms and cheaper competitors gain ground. The stock price has plummeted from $125 in 2021 to around $4, reflecting market skepticism about the company's turnaround under new CEO Peter Stern. Despite Peloton's claims of superior products, the market favors less expensive alternatives, raising doubts about the company's future recovery prospects.

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