Citi Cuts Peloton (PTON) PT to $8.25, Lowers Subscriber Forecast Following Rise in Customer Turnover

2 days ago 3

Maham Fatima

Fri, November 28, 2025 astatine 10:57 AM CST 2 min read

Peloton Interactive Inc. (NASDAQ:PTON) is 1 of the most promising stocks with immense upside potential. On November 20, Citi expert Ronald Josey chopped the terms people connected Peloton to $8.25 from $9.50 portion keeping a Neutral standing connected the shares aft the institution posted its FQ1 2026 net report. The steadfast besides lowered its full-year subscriber forecast for Peloton by 3% owed to a emergence successful lawsuit turnover.

Peloton’s full gross for FQ1 reached $551 million, comprising $152 cardinal from Connected Fitness products and $398 cardinal from subscription revenue. While this gross was a diminution of 6.01% year-over-year, it was inactive $9.72 cardinal higher than Street estimates. The company’s EPS besides surpassed guidance by $0.05 and totaled $0.06. Peloton’s full-year gross guidance remains unchanged astatine $2.4 to $2.5 billion.

Citi Cuts Peloton (PTON) PT to $8.25, Lowers Subscriber Forecast Following Rise successful Customer Turnover

The company’s Connected Fitness paid subscriptions totaled 2.732 cardinal successful the said quarter, which was a 6% alteration from the year-ago play owed to challenges successful maintaining subscriber growth. The mean nett monthly churn, however, improved to 1.6%, amended by 0.2% year-over-year. Despite the subscription decrease, the institution experienced a diminution of 5% successful Connected Fitness products gross owed to little instrumentality income and deliveries.

Peloton Interactive Inc. (NASDAQ:PTON) provides fittingness and wellness products and services successful North America and internationally. The institution offers respective connected fittingness products, specified arsenic the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, and Peloton Row.

While we admit the imaginable of PTON arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.