Peloton (PTON) shares are down 95% from their peak in 2020, but up 66% from April low, attracting investors. The company is revamping equipment, introducing new products, and raising prices to boost sales. Despite declining membership numbers, Peloton posted positive financial results, aiming for a turnaround. Cost-cutting measures are also in place to reduce expenses by $100 million in fiscal 2026. CEO Peter Stern acknowledges high operating expenses and plans to reallocate resources. Peloton remains a speculative bet on management’s ability to improve its financials. Analysts have a “Moderate Buy” rating with a $10.55 average price target, indicating a potential 38% increase.

Read more at Yahoo Finance: Peloton Stock Is Down 95% Since 2020. Are Higher Prices Enough to Save PTON Here?