Peloton's NBA Deal Is Another Big Step Forward
(NASDAQ: PTON) continues to execute its strategy to provide more streaming services to users. But now it's partnering with the NBA to bring NBA League Pass to the platform.
In this video, Travis Hoium covers why the new entertainment hub on Peloton devices could add more value for very little cost for Peloton. Now, bikes, treadmills, and rowers can be used as entertainment devices for long workouts, an innovative solution that will add more value to the fitness company's products.
*Stock prices used were end-of-day prices of Oct. 18, 2023. The video was published on Oct. 20, 2023.
Source Fool.com
Peloton Interactive Inc. Stock
€3.32
0.200%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 111.0% increase which would mean more than doubling the current price of 3.32 € for Peloton Interactive Inc..
