The company just posted falling year-over-year revenue for the third straight quarter. During this time period, you may experience temporary unavailability and degradation of tagging feature on the Peloton Bike / Tread / Row / Digital apps. By offering high-quality home fitness equipment combined with live classes presented by top instructors, Peloton created a cult-like following. Common problems with Peloton Bikes include having no power, making noises, or issues with the touchscreen. It's safe to say the market has completely soured on this once high-flying Wall Street darling. What's also alarming is that Peloton is selling its equipment at a loss right now, as the negative 27.2%, With Peloton's shares down 94% since hitting an all-time high price of $167.42 in January 2021, the stock currently trades at a. multiple of just over 0.8. Peloton software got freezed. Most people that wanted a Peloton bike or treadmill already had bought one. After a series of fumbles led to subpar earnings in Q4 2021, Pelotons outlook has grown increasingly dire as the company has seen its valuation shed $40B in the past year, per CNBC. If you run into trouble connecting to your wireless network, we recommend restarting both your Peloton and your router. Thank you for your understanding. However, theres a quick fix for this.