5 Biggest Diet/Weight Loss Companies in the World

In this article, we will be taking a look at the 5 biggest diet/weight loss companies in the world. To read our detailed analysis of these companies, you can go directly to see the 15 Biggest Diet/Weight Loss Companies in the World.

5. Peloton Interactive, Inc. (NASDAQ:PTON)

Estimated Valuation as of December 11: $3.91 billion

Peloton Interactive, Inc. (NASDAQ:PTON) operates an interactive fitness platform in North America and internationally. It is based in New York.

On November 21, John Blackledge placed a Market Perform rating on Peloton Interactive, Inc. (NASDAQ:PTON) shares.

Peloton Interactive, Inc. (NASDAQ:PTON) has over 5.9 million members on its fitness platform. It has reported revenues of $1.83 billion, and employees numbering 8,662 in 2021.

Merion Road Capital, an investment advisor, mentioned Peloton Interactive, Inc. (NASDAQ:PTON) in its third-quarter 2022 investor letter. Here’s what the firm said:

“Peloton Interactive, Inc. (NASDAQ:PTON) is quite a different story. You may recall from my Q1 letter that I initiated a position in the stock given the potential for a new CEO to leverage the company’s passionate and engaged userbase. The investment had meaningful upside potential (multiples of the then trading price), but also presented real downside risk; as such, I kept our exposure to just a few percentage points of the portfolio. Fast forward six months and underlying trends like churn, engagement, and new users weakened dramatically. I sold our shares as the likelihood for the company to achieve financial success has become increasingly remote.”