6 Ways Peloton Will Get to 100 Million Subscribers

6 Ways Peloton Will Get to 100 Million Subscribers

Peloton (NASDAQ: PTON) has been riding higher all year as demand for home exercise and connected fitness solutions has skyrocketed amid the COVID-19 pandemic. Revenue skyrocketed by 172% last quarter, Connected Fitness subscriptions jumped 113% to 1.09 million, paid Digital subscriptions more than tripled to nearly 317,000, and engagement is off the charts. This week, Peloton virtually hosted its first investor and analyst day, laying out an ambitious target of reaching a whopping 100 million subscribers in the years ahead.