Is Peloton a Smart Buy in 2022?

After advancing 434% in 2020 thanks to surging pandemic-fueled demand, Peloton (NASDAQ: PTON) shares fell precipitously last year, losing 76% of their value. In 2021, the business dealt with delivery delays, treadmill safety issues, and two straight quarters of dramatically slowing revenue growth. Plus, there's no shortage of competition from other at-home fitness equipment makers, as well as from traditional brick-and-mortar gyms.

With all the negativity surrounding the stock right now, does Peloton make for a worthy investment in 2022?

Image source: Peloton.

Source Fool.com