IPO Edge Editor Jannarone: Peloton Shaping Up for Strong Debut – Cheddar TV – IPO Edge
Now Reading:
IPO Edge Editor Jannarone: Peloton Shaping Up for Strong Debut – Cheddar TV
Full Article 40 second read

IPO Edge Editor Jannarone: Peloton Shaping Up for Strong Debut – Cheddar TV

In an interview with Cheddar TV, IPO Edge Editor-in-Chief John Jannarone makes the case for a strong upcoming debut for Peloton, the exercise equipment and media company. He argues that the key to the business is its recurring subscription revenue, which accounts for roughly $250 million of the company’s estimated $900 million in sales, according to a pre-IPO investor. With a recent valuation of roughly $8 billion, the company commands a 9x revenue multiple, which may actually be reasonable given the strength of other successful IPOs including Zoom and Beyond Meat. Investors should look at Peloton as a media company akin to Netflix, with an even stickier user base that translates to a very low churn rate.

Contact:

www.IPO-Edge.com

Editor@IPO-Edge.com

Twitter: @IPOEdge

Instagram: @IPOEdge

Leave a Reply

Your email address will not be published. Required fields are marked *

Input your search keywords and press Enter.