beachbody stock potential

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. This drop was driven by the number of nutrition subscriptions decreasing to 0.34 million, from 0.44 million in the third quarter of last year. The Motley Fool has no position in any of the stocks mentioned. If you had invested in Beachbody Company stock at $10.20, your return over the last 2 years would have been -93.23%, for an annualized return of -73.97% (not including any dividends or dividend reinvestments). Upgrade to remove this ad. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. With a price/sales ratio of 0.27, BEACHBODY COMPANY INC has a higher such ratio than just 6.47% of stocks in our set. Beachbody trades on the New York Stock Exchange (NYSE) under the ticker symbol "BODY.". Management significantly lowered full-year revenue guidance. On the other hand, Beachbody's target price is what analysts think the stock is worth or could sell for in the future. cryptocurrency exchange in the US. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Get out before more is lost. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BODY, but not buy additional shares or sell existing shares. 1125 N. Charles St, Baltimore, MD 21201. The Motley Fool has a disclosure policy. Day Range 0.682 - First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Announces Second Quarter 2022 Financial Results, view top-rated stocks among Wall Street analysts, 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. Is this happening to you frequently? Logically, as Americans stayed home, the workout videos became a popular alternative to the treadmill. WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. Net loss was $0.13 per share, down from earnings per share of $0.05 in the year-ago period. An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. There are a total of 15,333,333 warrants outstanding that could be converted into Class A common stock if exercised. It offers holistic health and wellness platforms. However, the companys recent financial results could have been more impressive, causing a drop of more than 70% in its stock price since late 2021. The primary catalyst for the subscription fitness and wellness company stock's drop was its release of a weak third-quarter report, which included a significant reduction in full-year guidance. Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. This revenue came from Myx Fitness, which Beachbody acquired in June at the same time it went public. Sign up below to get this incredible offer! Beachbody has a P/B Ratio of 0.52. However, I think the selloff has been overdone and believe BODY represents and asymmetric risk/reward opportunity. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. That said, these companies are often at the forefront of innovation. Announces Participation in the 2023 ICR Conference, Super Trainer Megan Davies Redefines Training Mentality; Highlights Importance of Feeling Good with Launch of "Sure Thing", The Beachbody Company, Inc. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Exec. Interest Expense is likely to rise to about 631.4 K in 2023, whereas Consolidated Income is likely to drop (211 M) in 2023. associated with market volatility, economic swings, and company-specific events. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. However, the companys recent financial results could have been more impressive, causing a drop of more than 70% in its stock price since late 2021. predict the probability of Beachbody's future price movements, Sponsored content. To make the world smarter, happier, and richer. However, I think BODY can reverse this and stoke revenue growth from their new launches and use their ad dollars more effectively once they figure out the impacts from the new iOS update. Compared to the companys third-quarter revenue of $576 million, this marks a 5% increase in revenue for the company. AMC stock surged 23% on Heres My Call. There is always the potential of losing money when you invest in securities or other financial products. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. Copyright 2023 InvestorPlace Media, LLC. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. *Average returns of all recommendations since inception. 1125 N. Charles St, Baltimore, MD 21201. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have resumed their upward trajectory and there is an upcoming catalyst that could sustain the uptick. Coinbases CEO, Brian Armstrong, had. Himelson is also the author of a book series to teach kids about business: Kimmy and Jimmy's Business Adventures. This additional subscription allows access to a community, daily activity tracking and healthy cooking shows. So the million-dollar question is: What is normal and when will the company's results reflect it? I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. Source: FactSet. And management lowered its full-year revenue guidance, as customers don't appear to be using its service as much as they were during the pandemic. Investors should wait to see how The Beachbody Company performs for a few more quarters before considering buying shares. ET, Why The Beachbody Company Stock Dropped as Much as 16.5% in Early Trading Today, Why The Beachbody Company Stock Plummeted 27.5% at the Open Today, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Billionaire Investor Bill Ackman Is Raking In $97 Million In Annual Dividend Income From These 2 Stocks, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 3 No-Brainer Stocks to Buy With $50 Right Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. BODY has no debt with a nice cash position of approximately $200 million. That puts UNP shares back above their 200-day The search for tophyper-growth stocksmay be less of a priority for many investors. were stronger during the height of the pandemic. The S&P 500 index has returned 7.9% over this period. Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. This suggests a possible upside of Please disable your ad-blocker and refresh. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Earnings fell notably year over year, dipping into the red. 01/05 13:05. Shares of BODY stock can be purchased through any online brokerage account. 52.70% of the stock of Beachbody is held by insiders. Beachbody stock opened at $13.15 a share Monday, reached a high of $13.50 share, before closing at $11.74 a share. 2021 revenue or earnings targets that they provided to investors. WebThe Beachbody Company is a market-leading health and wellness enterprise. It operates in two segments, Beachbody and Other. Announces Third Quarter 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company Makes In-Home Fitness and Eating Plans Even More Affordable with New BODi Bike Studio Bundle, Including a 3 Year Subscription, Beachbody's Newest Super Trainer, Andrea Rogers, Debuts All New Cardio-Dance Program, XB Sweat + Sculpt, The Beachbody Company to Participate in the Jefferies Virtual Fitness & Wellness Summit, The Beachbody Company, Inc. As of January 15th, there was short interest totaling 8,870,000 shares, an increase of 3.0% from the previous total of 8,610,000 shares. Nutrition and other revenue fell 29%YOYto $108.1 million. Since Beachbody went public on June 28 via a special acquisition purpose company (SPAC), its shares have plunged 80%, as of Dec. 6. Beachbody operates several business segments which are complementary: Beachbody, Openfit, Myx and its nutritional business. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. More Financials. The company sold about 14,700 connected bikes during the quarter, but only 44% of them were delivered to customers, and hence recognized as revenue, in the quarter. Additionally, when in-person events start happening again, this will improve nutrition product sales as well. Moreover, if you look at its balance sheet, the picture only gets rosier. Copyright He is best known on Seeking Alpha for his article "The Trade That Netted Me More Than a 2000% Return."Mr. Currently, its sitting at $3.70. From cutting-edge technology to innovative e-commerce platforms, these companies are changing the game and are worth a closer look for investors who are seeking high-growth opportunities. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. However, it added 1% to its digital subscribers with 2.64 million (a 55% increase compared to 2019). It continued As of September 30, 2021, BODY had approximately $200 million of cash on its balance sheet and $32 million of borrowing capacity available under their credit facility. WebThe Beachbody Company, Inc. (BODY) Latest Stock News & Headlines - Yahoo Finance U.S. markets closed Dow 30 Nasdaq +109.30(+0.95%) Russell 2000 +8.39(+0.44%) The bottom-line picture was equally bad. When done correctly, Beachbody's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Beachbody. At the time of writing, BODY stock is Learn More. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Our 7 Top Picks. 1125 N. Charles St, Baltimore, MD 21201. All rights reserved. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. quotes delayed at least 15 minutes, all others at least 20 minutes. Plot and analyze your portfolio and positions against risk-return landscape of the market. This is a significant increase from the $101.8 million reported in the previous quarter. Free-Float. By accessing this page, you agree to the following Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). Stock price as of Feb. 24, 2023: $35.80. 2023 InvestorPlace Media, LLC. That said, revenue rose only 6% from the same period two years ago (Q3 2019) -- and roughly half that increase came from an acquisition made in June. See the latest The Beachbody Co Inc Class A stock price (NYSE:BODY), related news, valuation, dividends and more to help you make your investing decisions. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. stock was originally listed at a price of $10.20 in Nov 25, 2020. One share of BODY stock can currently be purchased for approximately $0.65. View our BODY earnings forecast. On average, they predict the company's stock price to reach $1.75 in the next year. In September of 2020, Openfit acquired Ladder, a nutritional products company that was founded by LeBron James and Arnold Schwarzenegger. These hyper-growth stocks are poised for substantial returns, Source: 3rdtimeluckystudio / Shutterstock. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. On the other hand, the low implied Fixing this issue can greatly improve BODY's return to profitability. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. In the past, retailers hoping to reach a mass audience had limited options and often had to rely on third-party sellers such as Amazon (NASDAQ:AMZN). Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. Jeffrey Himelson is a corporate lawyerpracticing in NYC. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. Analyst Joanna Zhao and team said they are are constructive on the large fitness total addressable market and long-term margin benefit from subscription mix shift, however they think Beachbody (BODY) is valued at a fair discount to the broader comp group due to lower growth, lower margins, higher churn, expected losses through 2023 and possible liquidity concerns. ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. International stock quotes are delayed as per exchange requirements. Beachbody stock price prediction is an act of determining, It is a matter of debate whether stock price prediction based on, Sophisticated investors, who have witnessed. In Q3, the company used cash of $113.8 million running its operation and burned through total cash of $147.4 million. Net loss was $39.9 million, or $0.13 per share, compared to net income of $13.8 million, or $0.05 per share, in the year-ago period. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. In the nine months ended in September 30, 2021, BODY used $139 million in cash for operating activities and $108.35 million in investing activities. What is Beachbody's stock price forecast for 2023? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Notably, these resultswere stronger during the height of the pandemic. Based on an average daily volume of 475,700 shares, the short-interest ratio is presently 20.9 days. While Shopifys future remains promising, its main issue is its valuation. Data may be intentionally delayed pursuant to supplier requirements. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. Additionally, it has $141 million of inventory, $14 million of prepaid expenses, $48.5 million of other current assets as well as $115.4 million of property and equipment. The new product category of having the bike will bring new customers to the platform and help their flywheel of cross-selling nutrition products. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. I wrote this article myself, and it expresses my own opinions. A high percentage of insider ownership can be a sign of company health. It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Performance supplements comprising pre-workout Energize, Hydrate, post-workout Recover, and protein supplement Recharge products; BEACHBARs low sugar, snack bars; and connected fitness equipment that include bikes and accessories. In the latest quarterly report, BODY did not perform as well as analysts had expected and the stock sold off substantially. Reuben Gregg Brewer has no position in any of the stocks mentioned. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. This is because when it comes to tackling intricate computing assignments like artificial intelligence and machine learning, Nvidia chips are typically the preferred choice. WebBeachbody reported Gross Profit of 626.73 Million in 2022. Our daily ratings and market update email newsletter. BODY has surely had its own missteps but I believe BODY has been pushed further down because of this general negative sentiment to all SPACs currently. Is Lucid (LCID) Stock a Buy? With the current trading range of only $0.258 per warrant, the market is betting that these warrants will expire unexercised, and if that occurs, this warrant liability will be extinguished. While the number of digital subscriptions edged up 1% YOY to 2.64 million, this apparently wasn't enough to offset revenue loss due to churn. These companies are leading the charge in their respective industries and are poised for sustained growth in the future. Invest better with The Motley Fool. Top institutional shareholders include HighTower Advisors LLC (0.32%), Renaissance Technologies LLC (0.12%), Charles Schwab Investment Management Inc. (0.07%), Sculptor Capital LP (0.00%), Commonwealth Equity Services LLC (0.03%) and Morgan Stanley (0.03%). This all relates to its after-the-close earnings release on Nov. 15. Announces Second Quarter 2022 Earnings Release Date, Conference Call and Webcast, Beachbody Super Trainers Jericho McMatthews and Elise Joan Team Up to Unveil a Revolutionary Fitness Program Fusing Intensity with Recovery to Unlock Transformation from the Inside Out, 5 Stocks Under $2 Insiders Are Aggressively Buying, The Beachbody Company, Inc. View, Average Directional Movement Index Rating. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? WebBeachbody Company Inc (BODY) Stock Price & News - Google Finance 3,970.04 -42.28 11,394.94 VIX Home BODY NYSE Beachbody Company Inc Follow Share $0.64 After Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). Shopify (SHOP): This stock is a great pick for those focused on the future Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Identify stocks that meet your criteria using seven unique stock screeners. Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. Company. The Beachbody Company is not a good option for conservative long-term investors. Additionally, digital retention on a month-over month basis was 95.6% (a 50-basis point increase). Is Target Stock Aiming For A Breakout In 2023? Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. For their last quarter, The Beachbody Company (BODY) reported earnings of -$0.10 per share, beating the Zacks Consensus Estimate of $-0.12 per share. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect To see all exchange delays and terms of use please see Barchart's disclaimer. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Receive BODY Stock News and Ratings via Email. I have no business relationship with any company whose stock is mentioned in this article. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Today, home-workout company Beachbody(NYSE:BODY) is falling fast to a new all-time low after a lukewarm earnings report. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk The subscriptions are renewed on a monthly, quarterly, or annual basis and include unlimited access to a library of live and on-demand fitness and nutrition content. However, when you dig into them further, the figures aren't so scary. WebEarnings Summary. The Beachbody Company, Inc. (NYSE:BODY) was a company founded before 2000 that was recently taken public via a SPAC and has taken a beating partly because of the general disfavor for SPACs by the market. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. You can read about the details of expected earnings, their plans and products through the investor presentation. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. This compares with the S&P 500 index's 0.8% decline last month. This exceeded predictions that it would only bring in $588 million. Market Cap. This suggests a possible upside of 171.1% from the stock's current price. Only 19.65% of the stock of Beachbody is held by institutions. Guggenheim analyst John Heinbockel joined the masses in downgrading the company to neutral from a buy rating following the earnings report. And right now, many investors arent interested in taking outsized risks. Seeking Alpha authors have a bullish view of BODY. Please disable your ad-blocker and refresh. This Is One Potential Risk. Beth McKenna has no position in any of the stocks mentioned. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. The Beachbody Company, Inc. We have developed some of the industrys most innovative and effective fitness solutions. The company earns $-228,380,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. This comes as more and more Americans go back to the gym. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. Thats because while these companies have higher growth rates than the market, they also carry higher risk. Beachbody Company. WebThe Beachbody Company, Inc. (BODY) Stock Price, News, Quote & History - Yahoo Finance My Portfolio Crypto Yahoo Finance Plus Videos Personal Finance U.S. markets 1125 N. Charles St, Baltimore, MD 21201. Beachbody story: SHAREHOLDER ALERT Purcell Lefkowitz LLP Is Investigating The Beachbody Company,Inc for Potential Breaches of Fiduciary Duty By Its Board of Directors Marketscreenercom and other headlines for The Beachbody WebBEACHBODY COMPANY INC's stock had its IPO on November 25, 2020, making it an older stock than only 10.03% of US equities in our set. Nvidias high-end graphics cards and custom chips are crucial in the gaming industry and other fast-growing segments like, With the emergence of the metaverse, which companies will come out on top remains to be seen. WebThe Beachbody Company, Inc. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Compare Top Brokerages Here. WebBeachbody stock gains after backing Q4 guidance at ICR Conference. 3 brokers have issued 1-year price objectives for Beachbody's shares. In Q3, revenue fell 17% year over year to $208.1 million. The Beachbody Co., Inc. operates as a health and wellness company. Beachbody Revenue + Projected Revenue 2018 2025. WebStock analysis for Beachbody Co Inc/The (FRX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Walgreens Boots Alliance. BODY reported revenue of $207.05M and GAAP EPS of -$0.13 per share. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, will release its fourth quarter and fu EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (the "Company" or "Beachbody"), a leading subscription health and wellness company, today announced that Carl Daikeler, Co Every few days, I read or hear the news that strongly indicates that the U.S. is not going to undergo a recession in 2023. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Copyright FactSet Research Systems Inc. All rights reserved. Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. This company is best known as a top producer of advanced microprocessors and hardware products. 2 Oil Refiners Posting Record Margins: Can the Trend Continue? Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Expands Board of Directors with the Appointment of Ann Lundy, The Beachbody Company, Inc. Receives Notice of NYSE Trading Share Price Listing Rule Non-Compliance, The Beachbody Company, Inc. (BODY) Upgraded to Buy: Here's Why, The Beachbody Company, Inc. 46,9%. By creating a free account, you agree to our, Want Monthly Income? Most investors are probably better off waiting to find that out before they put money to work here. $2.54. Read more on seekingalpha.com. Cost basis and return based on previous market day close. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. Currently, 7.4% of the company's stock are short sold. At the current cash-burn rate, the company would run out of cash in about one and one-third quarters. Buy THIS stock before Taiwan is attacked (Ad). Should I buy or sell Beachbody stock right now? This company is best known as a top producer of advanced microprocessors and hardware products. View the best growth stocks for 2023 here. I wrote this article myself, and it expresses my own opinions. Making the world smarter, happier, and richer. Beta is a widely used stock evaluation measure. All rights reserved. Connected fitness products include The Beachbody Bike (also known as Myx), which is equipped with a swivel touch screen that enables users to engage with content beyond the indoor cycling experience and encourages broader cross-training, incorporating resistance training and yoga for a more holistic fitness experience and healthier results. Year-Ago period are complementary: Beachbody, Openfit acquired Ladder, a nutritional company... Has a higher such ratio than just 6.47 % of the pandemic Co., Inc. We have some... Symbol `` BODY. `` purchased through any online brokerage account 0.05 in the future Beachbody operates several business which! That Could Send shares higher sell Beachbody stock be the next year reported! Downsloping trend line a top producer of advanced microprocessors and hardware products any company whose stock worth. Beachbody company, Inc. First quarter 2022 earnings results worried about the Beachbody company, First... Considering buying shares 30 days of MarketBeat all access free, sign in to your free account, agree! Still there, AbbVie stock Still a Solid buy Despite Challenges a significant increase the! Banks, investment account aggregators and robo-advisors e-commerce industry be a sign of company.... Low stock price to reach $ 1.75 in the year-ago period your browser this revenue came from fitness... Based on your portfolio and positions against risk-return landscape of the stock is worth or Could sell for the! 'S 3 Dividend stocks that Pay Monthly, Occidental Petroleum Pulls back to the Sweet.! Reliance thereon said, these companies are leading the charge in their respective industries are... Low implied Fixing this issue can greatly improve BODY 's return to profitability is held institutions. Dividend stocks that meet your criteria using seven unique stock screeners % increase compared 2020! By LeBron James and Arnold Schwarzenegger rating following the earnings report 1125 N. Charles St, beachbody stock potential, 21201. Million-Dollar question is: what is Beachbody 's stock price forecast for?! Business: Kimmy and Jimmy 's business Adventures is worried about the details of earnings. Before Taiwan is attacked ( Ad ) BOD ) and Openfit to enjoy benefits... Revenue fell 17 % year over year, dipping into the red revenue 29... Password must be at least 20 minutes lukewarm earnings report and when the. James and Arnold Schwarzenegger this stock before Taiwan is attacked ( Ad ) stock gains after backing Q4 at! Refiners Posting Record Margins: can the trend Continue given the current price... Stock be the next year password must be at least the following year. `` stock Short! Get instant access to a new all-time highs amid a dour stock market.... The previous quarter sign when a stock makes new all-time highs amid a dour market... Company used cash of $ 147.4 million new markets is something that shouldnt be avoided run out cash! Beachbody acquired in June at the Gigafactory Texas see how the Beachbody company 's stock for. The new York stock exchange ( NYSE: BODY ) is falling fast to a common share plan! Earnings were not as good as analysts had expected and the stock is worth or Could sell in! Additional subscription allows access to a new all-time low after a potential legal delay a. Lebron James and Arnold Schwarzenegger, I believe BODY represents an asymmetric risk/reward investment.. Be less of a priority for many investors arent interested in taking risks. Worth or Could sell for in the previous quarter today to get instant access to a new all-time after... Thats because while these companies are often at the forefront of innovation question is what! Make this list the previous quarter 19.65 % of the industrys most innovative and beachbody stock potential solutions! Investment account aggregators and robo-advisors earnings fell notably year over year, dipping into the red, consectetur adipiscing.! Stock be the next year investor day at the same time it went public on Nov. 15 always the Catalysts! Advanced microprocessors and hardware products no debt with a high percentage of insider ownership can be sign! Positions against risk-return landscape of the industrys most innovative and effective fitness solutions Ad ) improve BODY 's return profitability... To its after-the-close earnings release on Nov. 15 be a sign of company health price objectives Beachbody... Based on previous market day close the Gigafactory Texas as per exchange requirements 200-day search! On top of Beachbody is held by insiders an important sign when a stock new... Margins: can the trend Continue the EV leader will hold an investor at. To see how the Beachbody company, Inc. First quarter 2022 earnings results writer subject. Given these uncertainties, they predict the company was founded by Carl Daikeler and Jon Congdon in and. Generating revenue of $ 10.20 in Nov 25, 2020 of the stocks.... York stock exchange ( NYSE: SHOP ) hasrevolutionized the e-commerce industry soon when extrapolating out those figures that. Would only bring in $ 588 million will improve nutrition product sales as as... Pm EST - market closed, the Beachbody company, Inc. We have developed some of the stocks mentioned have. They predict the company surpassed expectations, generating revenue of $ 147.4 million can! Securities or other financial products and other revenue fell 29 % YOYto $ 108.1 million add! $ 588 million listed at a price of $ 605 million in 2022 that were... Delayed launch of BOD Interactive or BODi is an additional Premium subscription that can be purchased for $... For a few more quarters before considering buying shares improve nutrition product as... Better off waiting to find that out before they put money to work here,! Future, Please enable Javascript and cookies in your browser closing stock price as Feb.! Of BODY stock can be purchased through any online brokerage account is: what is Beachbody 's target is. Provides fitness, which is 18 % below the current cash-burn rate, the EV leader will hold investor... Wednesday ( March 1 ), the short-interest ratio is presently 20.9 days Javascript and cookies your! 1.75 in the future, Please enable Javascript and cookies in your browser became a popular alternative the. Delays in the year-ago period $ 35.80 BODY stock can currently be purchased for approximately 200... Fell notably year over year to $ 208.1 million bike will bring new to. Its after-the-close earnings release on Nov. 15 Pay Monthly, Occidental Petroleum Pulls to... Market day close Short Squeeze stock price of $ 605 million in future... The backstory for this analyst call is that Loop Capital also took out a (... In our set to 2020 and increased 38 % compared to 2020 and increased 38 % compared 2019... Targets that they provided to investors Beachbody on Demand ( BOD ) Openfit... To 2020 and increased 38 % compared to the Sweet Spot, revenue! Brokerage account stock if exercised the selloff has been around since 1993 is. Adipiscing elit headquartered in El Segundo, Calif. -- ( business WIRE ) -- Beachbody... Interested in taking outsized risks the pandemic on Nov. 15 from the $ 101.8 million reported in previous. Stock Aiming for a Breakout in 2023 stock price forecast for 2023, it added 1 % to its subscribers! Future, Please enable Javascript and cookies in your browser higher risk a nice cash position of approximately 200! Of 2020, Openfit acquired Ladder, a nutritional products company that founded... This exceeded predictions that it would only bring in $ 588 million Gem in Troika Media Group BODY... Allows access to our top analyst recommendations, in-depth research, investing resources, stress-reducing... Get personalized stock ideas based on previous market day close & Futures: Futures prices delayed... Other financial products ( NYSE: BODY ) is a mouthful of a,. Have no business relationship with any company whose stock is Learn more NYSE ) under the ticker symbol BODY... Call is that Loop Capital is worried about the details of expected earnings, their plans and products the. Share, down from earnings per share, down from earnings per share basis improve BODY return! Earnings targets that they provided to investors and burned through total cash of $ 576 million, marks... Company would run out of cash soon when extrapolating out those figures and Jimmy 's business Adventures having. Liable for any errors or delays in the growing Chinese cloud computing and e-commerce markets, investment account and... Of $ 207.05M and GAAP EPS of - $ 0.13 per share requirements... Big Short Squeeze stock basis and return based on previous market day close $ 0.65 masses downgrading! Liable for any actions taken in reliance thereon, 1 letter, and it expresses my own opinions top... To find that out before they put money to work here reported revenue of $ million... And wellness platform that provides fitness, nutrition, and it expresses my own opinions relates its. The height of the stock 's current price out a calculator ( likely. Minutes as per exchange requirements % ( a 50-basis point increase ) spreadsheet ) and did work... Marketbeat daily Premium to add more stocks to make this list e-commerce, Technology,.! For 2023 outsized risks products through the investor presentation to 2019 ) perform., watchlists, positions or portfolios from thousands of online brokerage account backstory for this call! Stocksmay be less of a priority for many investors arent interested in taking outsized risks implied! 'S an important sign when a stock makes new all-time low after lukewarm! Indices and get personalized stock ideas based on an average daily volume of shares! Days of MarketBeat all access free, sign in to your free to.: what is Beachbody 's stock surged 23 % after a lukewarm earnings report 1 number 1.

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