The company is the healthiest it's ever been, says Peloton CEO Peter Stern
CNBC’s Brandon Gomez and Peter Stern, Peloton CEO, join 'The Exchange' to discuss the company's new line of products, the company's stock performance, and more.
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Search every verified Peter Stern interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Peter Stern, CEO of Peloton, discussed the company's recent product launches and financial performance in a September 2026 CNBC interview. He stated that Peloton is "the healthiest it has ever been," citing record adjusted EBITDA, the first full year of positive net income in company history, and several consecutive quarters of revenue growth. Stern described the company's strategy as a "magic formula" combining hardware, AI-powered software, instructors, and community, and highlighted a new three-tier treadmill lineup and the first commercial-series bike, set to go on sale October 1. He also noted a cultural shift toward running and said Peloton is pursuing that demand while remaining committed to its bike business. In a September 2026 podcast interview, Stern reflected on his first year as CEO, calling the role a "dream job." He said the biggest misunderstanding about Peloton is that it is only an in-home cycling company, emphasizing its broader range of disciplines and products. Stern discussed the company's investment in gyms alongside home offerings, and addressed the rise of GLP-1 drugs, stating that while they appear to be "miracle drugs," they do not replace exercise and may require users to be more deliberate about physical activity. He also shared a piece of advice from an early mentor: "You're the fastest gunslinger this side of the Mississippi, so you should stay out of gun fights," which he said guides him to slow down and avoid rushing decisions.
CNBC’s Brandon Gomez and Peter Stern, Peloton CEO, join 'The Exchange' to discuss the company's new line of products, the company's stock performance, and more.
This episode is brought to you by Long Angle: https://www.longangle.com/business This week’s guest is Peloton CEO & President Peter Stern. He takes us inside the company’s push to reinvent itself after its post-pandemic struggles — including its latest move into gyms. Peloton became one of the biggest winners in business during the pandemic, but as consumers returned to gyms and life moved on, the company faced a very different reality. Stern, a former Apple executive who helped create Apple Fitness+, calls the Peloton job a “dream” opportunity. In his first year as CEO, Stern has set out…
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