Peloton Edges Closer to Bankruptcy, REP x PÉPIN Adjustable Dumbbell | This Week in Fitness
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- เผยแพร่เมื่อ 18 มิ.ย. 2024
- Today we cover everything revealed about the new REP x PÉPIN FAST Series Adjustable Dumbbell, News regarding Peloton's late payments to vendors and their stock dropping to new all time lows, iFITs new membership Policy, Pre Orders for The Ice Barrel Chiller, and MORE
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Everytime Peloton stock drops I buy. It's like the stock is on "sale". With 7 million active users and nearly 4 million monthy paid subscriptions they are too big to fail. No one is going to let this many customers disappear. It's a long term hold as they rebuild over 2024 or are bought out.
I hope so, though there are also some who think the stock is still very overpriced (at ~30x forward free cash flow and high-interest rates on debt).
I don’t think Peloton will actually disappear, but I’m not sure about their prospects for growth outside of a company with lots of cash flow and new ideas taking over.
When people say something is too big to fail, it usually refers to something necessary for society, like a bank. A Peleton subscription isn’t a necessity and there are a lot of easy options for those subscribers to switch to. I don’t think Peleton would classify as a too big to fail company.
It’s a bit of a stretch to say Peloton is edging toward failure based on some limited metric - which they deny. That said they don’t make a profit and Wall Street does, these days, want companies to. Not unreasonable.
The signs are that they are OK - bringing back two instructors, no instructor is leaving, sponsorship of running groups like the New York Marathon, they’re at the Berlin Half and London too, investment into their studios recently, continued investment in their private label apparel, their software and apps continue to evolve and improve, and their subscribers are steady with very low churn.
Signs they are in trouble - lack of profit, growth is flat, giving away the Guide, and a move away from their own hardware.
I hope they don’t fail, and if bought up bought by someone who actually cares about who they are and their excellent hardware.
Safe travels! Looking forward to new reviews. 👍🏻
Great update. See you next week
Those DBs look good.
Right?!
Something is definitely funny with the Guide. Now, its free with purchase. This plays into my paranoia. 😢