Peloton Interactive
2 activist/short documents on this target.
Timeline
2019-12-10
Citron Research · research note
Peloton trades at 2,286% above peers on EV per subscriber; once a cannibalizing app, undifferentiated hardware, and a March lockup wave hit, the stock collapses to $5.
N4 V2
2024-10-23
Greenlight Capital · conference presentation
Peloton's overlooked subscription business — 68% gross margins, 1.5% churn — can deliver $400-500M EBITDA once costs are right-sized, implying a $7.50-$31.50 share price versus $5.48 today.
N5 V4