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Peloton is getting rid of Apple Watch GymKit support
You’ll need to use Peloton’s Apple Watch app to track workouts.
GymKit integration was once marketed by Peloton as an exclusive perk of its more expensive Bike Plus, but it’s become less of a draw in recent years. As Victoria Song explains here, metrics like calorie burn can vary widely depending on the user and the type of exercise, so changes to the accuracy of the data provided may not be significant. Even though users can input their weight, gender, activity level, and other variables that affect the number of calories burned, wearables like the Apple Watch are providing an educated guess, at best.
Or read this on The Verge