Friday, June 27, 2025

Peloton Recalls Over 2 Million Bikes In The US, Offers Free Part Replacement

Peloton (NASDAQ: PTON) has issued a voluntary recall for 2.16 million bikes in the US due to the risk of injury after a number of reports of the seat post breaking “unexpectedly” while in use.

The US Consumer Product Safety Commission (CPSC), which on Thursday advised Peloton Bike owners to immediately stop using their bikes, said that there have been 35 reports of the seat post breaking and detaching from the bike while in use, and 13 reports of injuries — including a wrist fracture, lacerations, and bruises — from falling from the bike.

The recall applies to Peloton Bikes Model PL01 that were sold in the US from January 2018 to May 2023. The unit price for each bike is around $1,400. The company said that the recall does not cover bikes sold in other countries, including Canada, the U.K., Germany, and Australia, but they call on international users to keep themselves informed of the US issue.

The company is also offering a free, updated seat post to all US Peloton original Bike owners. The new seat post can be self-installed at home.

Peloton last traded at $6.85 on the Nasdaq. 


Information for this story was found via Peloton, CPSC, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why This “Unknown Metal” Is Suddenly Essential For Defense & Tech | Antimony Resources

Tudor Gold x American Creek: Consolidating A Massive Gold Project

Aura Minerals: The Era Dorada Underground PEA

Recommended

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Emerita Resources Formally Appeals Administrative Ruling On Aznalcóllar Related To 2017 Complaint 

Related News

Anecdotal Evidence Points to Continued Downside Risk for Peloton Interactive

Occasionally, a company is beset by a stream of negative news that never seems to...

Tuesday, December 28, 2021, 09:00:00 AM

Peloton: BMO Remains As The Bear Following Q4 Results

At the tail end of August, Peloton Interactive (NASDAQ: PTON) reported its fiscal fourth quarter...

Saturday, September 4, 2021, 01:10:00 PM

Peloton Replaces CEO With Ex-Spotify CFO, To Cut 2,800 Jobs

Following PR crises and production halts, Peloton Interactive (Nasdaq: PTON) announced today that its CEO...

Tuesday, February 8, 2022, 09:26:00 AM

Peloton: BMO Drops Price Target To US$24

Peloton Interactive, Inc. (NASDAQ: PTON) has had a rough start to the year, being down...

Saturday, January 29, 2022, 01:08:00 PM

Peloton Interactive Plunges 16% in Two Days Due to Mention in U.S. Cable TV Show

Shares of Peloton Interactive, Inc. (NASDAQ: PTON) fell sharply on December 9 and 10 (about...

Monday, December 13, 2021, 04:29:00 PM