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This Is Peloton's Netflix Moment

Netflix paved the way for Peloton's shift to being a streaming company.

By Travis Hoium – Sep 3, 2023 at 7:45AM EST

Peloton (PTON 10.16%) is known as a bike company, but the business is a lot more than that today. Streaming is the company's future, and in this video, Travis Hoium shows why Netflix (NFLX 0.42%) paved the way for Peloton's shift.

*Stock prices used were end-of-day prices of Aug. 28, 2023. The video was published on Aug. 30, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Peloton Interactive. The Motley Fool has positions in and recommends Netflix and Peloton Interactive. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Peloton Interactive Stock Quote
Peloton Interactive
NASDAQ: PTON
$4.00
(-9.71%)-$0.43
Netflix Stock Quote
Netflix
NASDAQ: NFLX
$93.04
(-0.42%)-$0.39

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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