- Netflix shocked the market this week with its poor subscriber numbers.
- Given that Netflix is struggling with rising customer churn, it will be hard for other subscription plays like Peloton to ride out current conditions.
- Peloton is trying to raise prices during this difficult period for tech subscription businesses. This could backfire.
- Peloton's cost base is way too high relative to its gross profits, putting management in a difficult position as it navigates industry headwinds.
For further details see:
Peloton: Netflix's Earnings Plunge Is A Big Warning