Consumer Tech
Peloton Raises Full-Year Outlook, Signaling Turnaround on Track
Peloton Interactive Inc. raised its guidance for the full year, suggesting that a turnaround fueled by new commercial offerings and upgraded equipment is on track.
The company now expects fiscal-year 2026 revenue to total $2.42 billion to $2.44 billion, up from a previously forecast floor of $2.4 billion. The midpoint of the new range would represent a 2% decline from a year earlier.