Peloton and Nautilus: The Long and Short in Fiscal Fitness

The SumZero community is watching exercise tech companies - Peloton and Nautilus - ahead of two near-term catalysts for the interactive cycling products: Peloton's IPO lock-up expires next Monday, Feb 24 and Nautilus reports earnings on the same day. PTON has sparked healthy debate among analysts with bulls touting its upside potential with strong monthly downloads and less competitive risk from fitness industry old guards like Nautilus - the parent company behind household brands, Bowflex and Schwinn. The PTON shorts, however, make a strong case around Peloton's business model limitations and prohibitive price point. With over 112% short interest of float (as of 2/4/2020), bears are confident that next week's IPO lock-up expiration will spark a mass sell-off. Read SumZero's special report on PTON and NLS below.