:max_bytes(150000):strip_icc()/GettyImages-2238075706-ad1fbb8673684bb98882a90c3e1645aa.jpg "Wall Street Thinks Peloton Stock Can Recover. That’s Not Happening Today")
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- Losses and sliding revenue dragged on shares of Peloton today, with the stock dropping some 20% in recent trading.
- Wall Street analysts think the stock can more than double. That would mean a return to prices it hasn’t seen in about a year.
Peloton’s downhill ride continues.
Shares of the connected fitness company dropped—they were recently off more than 20% to just a bit above $4.50 apiece—after it reported weaker-than-estimated results for its holiday quarter. Its current-quarter and full-year projections weren’t so hot, either.
Peloton Interactive (PTON) posted less revenue and a wider loss than analysts were expecting to close out 2025. The New York-based firm reported a fiscal 2026 second-quarter loss of 9 cents per shares on revenue that slipped 3% year-over-year to $656.5 million. Analysts surveyed by Visible Alpha had expected a loss of 6 cents per share on revenue of $677.2 million.
Why This Matters to Investors
At their pandemic-driven highs, shares of Peloton traded above $150 apiece. Now they change hands for less than $5. The company now seeks to control spending and rebuild its business—but despite some Wall Street enthusiasm, the shares haven’t touched double-digits in about a year.
The outlook didn’t impress investors either. For the current quarter and full year, Peloton sees revenue of $624 million and a range of $2.40 billion to $2.44 billion, respectively. Visible Alpha consensus is for $637 million and $2.48 billion, respectively.
Today’s move is the latest stumble for Peloton’s stock, which finished Wednesday at near $6; at its pandemic-era highs, it changed hands at prices well clear of $150. Now, according to Visible Alpha, its market capitalization is under $2.5 billon.
The company has been trying to revive its fortunes. In October, Peloton announced a relaunched product line and higher subscription and hardware prices; it’s also sought to restrain spending.
“Our focus remains on executing our strategy to increase our share of the growing global wellness economy while continuing to enhance our magic formula of premium hardware, intuitive software, and unmatched human coaching,” CEO Peter Stern said in a statement.
Wall Street analysts, as tracked by Visible Alpha, believe the stock can turn around; their mean price target is in the double-digits, where the shares haven’t been in about a year.
