The company could succeed even if the bikes aren't flying off the shelves.
News & Analysis: Peloton Interactive
Peloton just went corporate -- and that's a good thing.
People are returning to gyms as the pandemic fades away.
This fitness stock has been a big winner of the pandemic, but what happens now?
The company expects slower growth this year, but Peloton is continuing to expand its offering and expand internationally.
The growth stock is now up nearly 30% over the last 30 days.
Investors now have clarity as to what the future holds.
It's a sign of confidence for the at-home fitness market's prospects going forward.
Loop Capital started its coverage of the connected exercise equipment company with a buy rating and a $140 price target.
Investors are worried about the economy reopening and a major product recall.