Peloton boosts 2025 profit forecast to $300-350M, focusing on subscription growth and cost cuts.

Peloton raised its 2025 profit forecast due to successful cost cuts and growth in subscription services, now expecting an adjusted EBITDA of $300-350 million. The company, led by new CEO Peter Stern, is shifting focus from hardware to software, launching bike rentals and partnering with retailers like Costco. Despite a wider loss per share, Peloton reported better-than-expected holiday sales and expects a potential revenue recovery by year-end.

2 months ago
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