SGX:F34.SI News 1 February 2026

February 1, 2026, 5:27 AM EST. Peloton Interactive (PTON) shares have plummeted 96% from their all-time high as the company battles declining demand and multiple CEO changes. New CEO Peter Stern aims to revive Peloton through a focus on health and wellness, cost-cutting, enhanced member engagement, and operational efficiency. Recent quarterly results showed progress with two straight quarters of positive net income and $67 million in free cash flow. Peloton is also investing heavily in artificial intelligence to personalize workouts and enhance user experience. Although the average Wall Street price target expects a 70% gain over 12 to 18 months, one analyst forecasts a 236% rally this year, betting on Peloton's turnaround strategy. This stock remains a high-risk, high-reward play for growth investors willing to back a recovery.