Yes, but there are differences. The NordicTrack trainer adjusts the tension so the rider doesn’t have to, but can if desired. The bike also has an incline and decline feature that the Peloton doesn’t have. It also comes with a set of hand weights and a swivel screen, also things the Peloton doesn’t have. Plus, membership is free for the first year and the overall cost is less than the Peloton.