Originally Posted by CliffordK

The company apparently had a pretty severe COVID boom and bust. With everyone wanting one at the beginning of the COVID lockdown, and now people cancelling orders and subscriptions right and left.

Likely also impacting the decision to sell scratch and ding bikes (for full price).

Many of their current financial woes likely have more to do with how COVID impacted the home fitness market than anything the company has been doing.

The best time to buy your Peloton will be to cruise Craigslist ads over the next year or two.

And, thus, Peloton stocks are right back down to pre-COVID levels. This would be a good time for a buyout.

To keep afloat, the company really needs to determine how to market a new generation of fitness apps.