PTON stock price rose to $4.91 after reports of strategic partnerships in Europe. Market watchers believe international expansion may provide incremental revenue streams, bolstering Peloton’s competitive positioning. The narrative’s fair value estimate stands at $9.84, notably above Peloton's last closing price of $8.67. This positions the current market value as a potential discount relative to future expectations and centers the conversation around Peloton’s ambitious turnaround and profit prospects. The gains that Peloton has made in improving its profits are expected to continue, but will be hampered by new 50% tariffs imposed by the Trump administration on products made with aluminum, as well as other duties that touch parts of the company's supply chain. Peloton is expecting tariffs to impact free cash flow by $65 million in the year ahead and as a result, is expecting to generate $200 million in free cash flow in fiscal 2026, below what it achieved in fiscal 2025. PTON stock price eased to $4.82 after market digested cautious retail sales data. Analysts argue that Peloton’s pivot toward diversified content offerings may offset cyclical weakness in equipment sales.