Peloton reported a surprise profit for Q4 and plans to cut 6% of its workforce, reducing expenses by $50 million in fiscal 2026. Stock is down over 30% from its YTD high. Company aims to lower another $50 million in expenses this quarter, signaling commitment to cost discipline and turnaround strategy.

UBS analyst recommends owning Peloton shares for the long term, citing stabilizing subscriber base and improving data trends. Price target raised to $11, offering potential upside of 55%. Focus on cost-cutting could unlock further upside in second half of 2025. Consensus rating on PTON is “Moderate Buy” with mean target of $10, indicating over 40% potential upside.

Read more at Yahoo Finance: Peloton Is Cutting Jobs. How Should You Play Beaten-Down PTON Stock Here?