The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
peloton's potential turnaround hinges on new leadership and cost-cutting strategies
David Einhorn of Greenlight Capital believes Peloton's stock could rise to $31.50 per share if the company successfully implements cost-cutting measures, potentially doubling its adjusted EBITDA. Despite challenges, Peloton's high-margin subscription model and loyal customer base position it for recovery, with projected EBITDA of $400-$500 million if management aligns costs with industry benchmarks. Einhorn emphasizes the need for new leadership to achieve these goals.
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