Peloton unveiled three new treadmills and AI-powered features for its Peloton IQ platform to drive growth after years of restructuring. The new lineup ranges from the $2,195 folding Tread Flex to the $6,695 Tread+ Vision, with AI coaching tools for runners and integrations with fitness platforms like Whoop and Garmin. CEO Peter Stern aims to expand Peloton's customer base and revenue sources beyond subscriptions as shares have dropped 43% since he took the role in January 2025.