This morning, before the markets opened, it reported Q2 2026 results that missed the mark. It dropped its fiscal 2026 (June year-end) revenue guidance by 3% from Q1 2026, to $2.42 billion at the midpoint, with $475 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization).I’ve never been bullish about Peloton. Regardless of what bells and whistles you attach to its bikes and treadmills -- AI being the prime one -- it’s still a hardware business that will constantly face pro ...