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$PTON
· Down 97%, Here's What Peloton Should Do Next
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travis hoium
Peloton down 97%: not sustainable standalone, needs buyer
Peloton's subscriber base is shrinking 7% YoY to 2.66M, revenue declining, gross profit doesn't cover opex, net loss $38.8M; product is good but business model unsustainable witho…
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travis hoium
Garmin natural buyer for Peloton at $4B with strong synergies
Garmin has $40B market cap, $2.5B cash, growing 12% annually, already moving into subscription services; acquiring Peloton's content and hardware would expand ecosystem to tens of…