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NEW YORK - Peloton Interactive, Inc. (NASDAQ:PTON), the fitness technology company with a market capitalization of $3.1 billion, and Hospital for Special Surgery (HSS) announced a collaboration to develop specialized fitness content focused on injury prevention and recovery, according to a press release statement. According to InvestingPro data, Peloton’s stock has shown strong momentum with a 39% gain over the past six months, despite broader market challenges.
Starting Monday, Peloton members can access new classes addressing specific musculoskeletal concerns across Peloton devices and the Peloton App. The initial offerings include instructor-led classes targeting common issues such as runner’s knee, tennis elbow, postpartum movement, bone health, and desk worker mobility. This expansion comes as the company maintains a healthy liquidity position, with InvestingPro analysis showing liquid assets exceeding short-term obligations with a current ratio of 1.79.
The partnership also introduces an exclusive HSS Member Concierge service, allowing Peloton members to connect with orthopedic care specialists at HSS locations in New York, New Jersey, Connecticut, and Florida. Members can use this service for sports injuries, physical therapy, or consultations with orthopedic specialists.
"Prevention and recovery from injury are both critical and inevitable when you live an active life," said Peloton CEO Peter Stern in the statement.
Additionally, Peloton has partnered with The Recovery Shop to create a Peloton Original Bike+ Rental package for HSS patients recovering from injury or surgery.
HSS, ranked No. 1 in orthopedics by U.S. News & World Report for 16 consecutive years, brings over 160 years of musculoskeletal expertise to the collaboration.
"This collaboration extends our expertise to a national community famously committed to personal wellness and performance," said HSS President, CEO and Surgeon-in-Chief Emeritus Bryan Kelly.
The companies plan to release additional recovery-focused content in the coming months. With a gross profit margin of nearly 51% and revenue of $2.49 billion in the last twelve months, Peloton continues to focus on strategic partnerships to drive growth. For deeper insights into Peloton’s financial health and growth prospects, including 8 additional exclusive ProTips, visit InvestingPro.
In other recent news, Peloton Interactive has announced several key developments. The company has partnered with Twin Health to integrate Peloton’s workout content into Twin’s AI Digital Twin program, offering members access to a range of fitness classes and options for reduced-cost equipment rentals. Additionally, Peloton has teamed up with Respin Health to study the impact of exercise on menopause, with a research initiative involving 500 participants set to run through December.
On the financial front, Truist Securities reiterated its Buy rating on Peloton stock, maintaining an $11 price target, citing optimism about recent product launches and pricing changes. Canaccord Genuity also maintained a Buy rating and a $10 price target, highlighting Peloton’s new AI-powered personal coaching platform, Peloton IQ, and other product offerings. Meanwhile, Telsey Advisory Group raised its price target for Peloton to $9, following enhancements to the company’s product lineup, now known as the "cross training series." These developments reflect Peloton’s ongoing efforts to innovate and expand its offerings in the fitness technology sector.
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