Subscription Growth news and trends

UBS Lowers Peloton Price Target Amid Uncertainty Around Subscription Growth

September 25, 2023
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UBS Lowers Peloton Price Target Amid Uncertainty Around Subscription Growth

September 25, 2023
Peloton Interactive is reportedly grappling with a decline in revenue and growth forecasts. UBS analysts, led by Arpine Kocharyan, have revised the fitness equipment and digital media company’s price target from $8 to $4 due to mounting uncertainty surrounding Peloton’s subscription growth, Seeking Alpha reported Monday (Sept. 25). Data from July revealed a negative trend in total interactive visits […]