Billionaire Investor David Einhorn Just Bought These Beaten-Down Consumer Stocks. Are They Ready to Rally?
Victoria's Secret is starting to turn itself around by going back to its roots. Crocs and Deckers are two undervalued footwear stocks.
Victoria's Secret is starting to turn itself around by going back to its roots. Crocs and Deckers are two undervalued footwear stocks.
Traders are driving up Peloton's stock price ahead of its inclusion in a leading small-cap index. The fitness company is taking steps to strengthen its cash generation.
/PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 27
Peloton stock was a pandemic darling, as demand soared for the company's at-home exercise equipment amid lockdowns and social restrictions. Demand for Peloton's products has since plummeted, sparking a 96% decline in its stock price.
Peloton (PTON +2.12%) is turning things around.
The stock has climbed more than 40% since then, as the market has seemingly begun to buy into the idea that the company's long-running turnaround effort may finally be gaining traction.
Peloton is in the early stages of a turnaround, supported by a strong Q3 earnings print and renewed top-line growth. PTON has raised subscription prices while maintaining churn, leveraging hardware discounts to attract new customers and driving a favorable revenue mix shift. The commercial segment, including Precor and Peloton brands, is delivering double-digit sales growth and expanding the company's reach via hotel and gym partnerships.
Subscriptions are still declining, but Peloton is expecting to turn a profit this year. Management is streamlining the company's cost structure and positioning itself for profitable growth.
Peloton Interactive NASDAQ: PTON executives said the company returned to year-over-year revenue growth in its fiscal third quarter and is moving from a turnaround phase toward what CEO and President Peter Stern described as “strategic optionality,” supported by stronger cash flow, lower net debt and expanding revenue streams beyond at-home connected fitness subscriptions.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Peloton delivered strong Q3 results, with revenue of $631M, gross margin at 51.9%, and significant free cash flow improvement. PTON's subscriber churn normalized to 1.2%, and paid connected fitness subscriptions stabilized, signaling a potential inflection in core metrics. Management plans to refinance high-interest debt and may consider buybacks or M&A, leveraging improved cash flow and a cleaner balance sheet.
The best time to invest in a great consumer business is after the market overreacts negatively to temporary issues.
Peloton Interactive, Inc. (PTON) Q3 2026 Earnings Call Transcript
Lessons from its decline could be useful for those looking at the extraordinary tech sector gains of the past six weeks.
The headline numbers for Peloton (PTON) give insight into how the company performed in the quarter ended March 2026, 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 quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to a loss of $0.12 per share a year ago.
Peloton Interactive, Inc. (NASDAQ:PTON) shares are trading higher Thursday after the company reported better-than-expected third-quarter revenue results.
Stock futures are treading water this morning as investors await the latest news on a potential peace deal with Iran and digest a slew of earnings reports; oil prices are falling again this morning amid optimism that the Strait of Hormuz could reopen soon; Arm Holdings shares are falling after the company cited a lack of supply and declining smartphone demand in its latest earnings report; shares of McDonald's and Shell are gaining ground after their earnings topped Wall Street estimates; and DoorDash shares are soaring after the food delivery platform reported solid results and issued a rosy outlook for orders. Here's what you need to know today.
Shares of Peloton Interactive (NASDAQ:PTON) are climbing 11% to $5.76 in premarket trading on Thursday, May 7, after the connected fitness company posted a swing to GAAP profitability and lifted its full-year outlook.
Peloton raised the low end of its annual sales guidance range after revenue ticked up in the fiscal third quarter.