Peloton has entered the wearable market with the Peloton Pulse, a $349 GPS smartwatch designed to bring the company's coaching experience to outdoor workouts including running, cycling, and hiking.

Peloton Pulse Specs

Can It Compete?

The smartwatch market is dominated by Apple Watch and Garmin, but Peloton is betting that its 3 million active subscribers will adopt the Pulse as a natural extension of their workout ecosystem. Analysts remain skeptical given Peloton's track record with hardware beyond bikes.