Peloton (PTON) Stock Falls 12% After Weak Revenue Outlook Overshadows Earnings Beat

TLDR

• Peloton stock dropped 12% to $5.76 after projecting a sixth straight year of revenue declines
• Fiscal Q4 adjusted EPS of $0.13 beat estimates of $0.12; revenue of $607.7M topped the $596.6M forecast
• Fiscal 2027 revenue guidance of $2.3B-$2.4B came in below analyst expectations of $2.44B
• Paid subscribers fell 8.8% year-over-year to 2.55 million, with Q1 guidance pointing to further declines
• CEO Peter Stern pointed to new product launches before year-end as a catalyst for future revenue growth

Peloton stock was down 12% to $5.76 on Thursday, on pace for its biggest single-day drop since February 5, 2026. The sell-off came despite the company beating Wall Street’s earnings and revenue expectations for its fiscal fourth quarter.

Peloton Interactive, Inc., PTON

Adjusted EPS came in at $0.13, a penny ahead of the $0.12 analyst consensus. Total revenue for the quarter ending June 30 was $607.7 million, above the $596.6 million Wall Street had expected. Net income rose to $61.6 million from $21.6 million in the same quarter a year ago.

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