The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast. Losses were -$228.38 million, 965.6% more than in 2020. This suggests a possible upside of *Average returns of all recommendations since inception. Is this happening to you frequently? All rights reserved. Union Pacific Stock Retakes Support. This segment is a direct competitor to Peloton Interactive (PTON). 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. Management significantly lowered full-year revenue guidance. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. Thats because while these companies have higher growth rates than the market, they also carry higher risk. Beachbody saw a increase in short interest in the month of February. Heinbockel also warned readers of potential short-term volatility as it settles into its new price level. Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. The Motley Fool has a disclosure policy. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. quotes delayed at least 15 minutes, all others at least 20 minutes. The bottom-line picture was equally bad. Copyright 2023 InvestorPlace Media, LLC. 01/05 13:05. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Fundamental company data and analyst estimates provided by FactSet. were stronger during the height of the pandemic. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Based on an average daily volume of 475,700 shares, the short-interest ratio is presently 20.9 days. Changes in short volume can be used to identify positive and negative investor sentiment. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. WebThe FRX/Beachbody merger is completed and I think this is one of the most exciting mergers I have seen this year. Article printed from InvestorPlace Media, https://investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/. Source: Kantar Media, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 earnings on 05/08/2023. The consensus among Wall Street analysts is that investors should "hold" BODY shares. In-depth profiles and analysis for 20,000 public companies. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. 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. Beachbody's mailing address is 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. This all relates to its after-the-close earnings release on Nov. 15. Additionally, digital retention on a month-over month basis was 95.6% (a 50-basis point increase). Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." Please. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Upgrade to remove this ad. 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. View, Average Directional Movement Index Rating. There arent many silver linings in sight for this company, which has dubbed itself the future of fitness. Aside from the GoogleTV streaming announcement, much of the earnings report was negative. With BODY's precipitous decline since its SPAC, it currently trades with an enterprise value of just $419 million, down from over $3 billion from when it first started to trade. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. And it couldnt be more wrong! If you have an ad-blocker enabled you may be blocked from proceeding. The official website for the company is www.spacroadone.com. Cost basis and return based on previous market day close. At the current cash-burn rate, the company would run out of cash in about one and one-third quarters. Day Range 0.682 - Please disable your ad-blocker and refresh. WebBeachbody Co Stock (NYSE:BODY), Quotes and News Summary. If we look at stock returns, both have seen strong growth, with Merck rising 43% and Eli Lillys 29% in the last twelve months, significantly outperforming the broader So what else is driving the health and wellness platform down? Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. Beachbody Company Inc (The) - Ordinary Shares - Class A. Amanda Krause/Insider. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. 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. Bank of America tagged Beachbody (BODY) with a Neutral rating, which is said to reflect the potential need of the company to raise capital to fund losses and a general preference for reopening stocks in the first half of the year. What Beachbody Company Does: The Beachbody Co Inc is a holding company involved in offering both streamed and live fitness and nutrition programs as well as various products. Or is there an opportunity to expand the business' product line in the future? WebAbout The Beachbody Co. ( BODY) Beachbody has developed and offering an in-home fitness and weight loss solutions. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. EL SEGUNDO, Calif., February 21, 2023--The Beachbody Company, Inc. (NYSE: BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, will release its fourth quarter and full year The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Openfit, a digital streaming platform that provides digital fitness and wellness resource. Plot and analyze your portfolio and positions against risk-return landscape of the market. I wrote this article myself, and it expresses my own opinions. There are currently 2 hold ratings and 1 buy rating for the stock. Read more on seekingalpha.com. WebView the latest Beachbody Co. Inc. (BODY) stock price, news, historical charts, analyst ratings and financial information from WSJ. This compares with the S&P 500 index's 0.8% decline last month. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. Most investors and analysts believe that BODY is similar to PTON in that it would perform better during a COVID surge because less people would go into a gym and would prefer at-home workouts. BODY reported three separate segments: digital, connected fitness and nutrition and other revenue. Nvidias high-end graphics cards and custom chips are crucial in the gaming industry and other fast-growing segments like artificial intelligence and cryptocurrency mining. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. There is always the potential of losing money when you invest in securities or other financial products. 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. Shares of The Beachbody Company (BODY -7.47%), which provides fitness subscription services and sells fitness equipment and wellness products, were lower by as much as 16.5% in morning trading on Nov. 17. Learn More. Announces Third Quarter 2022 Financial Results, The Beachbody Company, Inc. 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. Indeed, whiletodays dynamic and fast-paced economy demands that investors always seek opportunities to maximize their returns, these hyper-growth stocks can be more fickle to assess. Beachbody has received no research coverage in the past 90 days. How can I listen to Beachbody's earnings call? 2 Oil Refiners Posting Record Margins: Can the Trend Continue? The Beachbody Company, Inc. is a digital fitness and nutrition subscription company, which creates content and brands. Sure, PTON is a larger company with more revenue and brand value, but I do not think it warrants such a large divergence in the trading range. 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. While Shopifys prospects remain bright, investors will only hesitate to invest if there is a sudden uptick in development or the companys valuations drop significantly. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company, Inc. to Present at Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 23, 2023, at 11:30am ET, 7 Consumer Discretionary Stocks to Buy if You Don't Think a Recession Is Coming, The Beachbody Company, Inc. Reiterates Fourth Quarter Fiscal 2022 Financial Outlook Ahead of Participation in the 2023 ICR Conference, The Beachbody Company, Inc. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Fixing this issue can greatly improve BODY's return to profitability. On the other hand, the low implied The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. Should You Take a Cruise in Royal Caribbean Stock? 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. This newly public company's performance hasn't yet shown it deserves your investment dollars. its revenue consists of 75% subscription revenue while PTON's is just under 30%. What Is the Best Tech Stock to Buy Now? It all happens at the free AI Super Summit. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. In September of 2020, Openfit acquired Ladder, a nutritional products company that was founded by LeBron James and Arnold Schwarzenegger. 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. However, when you dig into them further, the figures aren't so scary. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect Identify stocks that meet your criteria using seven unique stock screeners. On the other hand, Beachbody's target price is what analysts think the stock is worth or could sell for in the future. Connected fitness revenue was $5.9 million in the quarter, compared to none in 2020 because that preceded the Myx Fitness acquisition. WebThe Beachbody Company is a market-leading health and wellness enterprise. Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. However, it added 1% to its digital subscribers with 2.64 million (a 55% increase compared to 2019). Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. 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. However, in its fiscal 2023 Q4 earnings report, Nvidia projected an income of $6 billion, which is almost exactly where it landed with $6.05 billion in revenue. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Their BODY share price forecasts range from $1.50 to $2.00. Interest Expense is likely to rise to about 631.4 K in 2023, whereas Consolidated Income is likely to drop (211 M) in 2023. Real-time analyst ratings, insider transactions, earnings data, and more. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. 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. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. The Companys platforms include the Beachbody On Demand streaming platform (BOD), the live digital streaming platforms Beachbody On Demand Interactive Analyze and evaluate options and option chains as a potential hedge for your portfolios, Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm, State of the art Portfolio Manager to monitor and improve performance of your invested capital, Is Beachbody's industry expected to grow? *Average returns of all recommendations since inception. 3 brokers have issued 1-year price objectives for Beachbody's shares. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Get daily stock ideas from top-performing Wall Street analysts. Only 19.65% of the stock of Beachbody is held by institutions. 2023 Stock Analysis. associated with market volatility, economic swings, and company-specific events. It offers holistic health and wellness platforms. WebThe unaudited condensed combined pro forma financial statements reflect actual redemptions of 8,383,485 shares of Class A common stock at $10.00 per share (based on the marketable securities held in the trust account of approximately $300.0 million). Unfortunately for the company, as the pandemic dwindles down, so too is much of Beachbodys clientele. 1125 N. Charles St, Baltimore, MD 21201. International stock quotes are delayed as per exchange requirements. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Engagement was down from 2020, with total streams declining 26% to 35.9 million, but this number was 35% higher than in the two-years-ago period. WebBeachbody stock gains after backing Q4 guidance at ICR Conference. Today, one of the stocks many retail investors were watching closely was Beachbody (NYSE: BODY ). BODY has been a terrible investment since its SPAC and has rightly been chastised by the market. Seeking Alpha authors have a bullish view of Connected-fitness revenue was $5.9 million, compared to none in the year-ago period. 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. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Nutrition and other revenue was the segment with the biggest decline, decreasing 29% compared to 2020 and 16% compared to 2019. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, is excited to announce a new bundle o EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, has teamed up with global fitness phe EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, today announced that Beachbody's Co-Fo EL SEGUNDO, Calif.--(BUSINESS WIRE)--Beachbody Company Second Quarter 2022 Results. 2023 InvestorPlace Media, LLC. Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. I am not receiving compensation for it (other than from Seeking Alpha). Additionally, BODY prudently invested in Myx and Ladder and those investments reduced cash flow by approximately $108.35 million. The reason is most likely desirable developments at work - i.e., somebody knows something. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. With total revenue guidance of between $820 million to $830 million in 2021 and 75% of that revenue coming from subscription-based revenue products, BODY presents as an exceptional value. nearly half of startups that went public via a SPAC, which accounted for roughly 30% of BODY's revenues in the last quarter, reported revenue of $207.05M and GAAP EPS of -$0.13 per share. 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. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Nutritional products include Shakeology, Beachbody Performance supplements, BEACHBARs, and others. 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. 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. 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. For those who crave workouts with others, they can subscribe to BODi. . Furthermore, BODY has a notable edge over PTON - its revenue consists of 75% subscription revenue while PTON's is just under 30%. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. WebBeachbody reported Gross Profit of 626.73 Million in 2022. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. This is a strategy that has gained significant traction since the onset of the pandemic. BODY Stock Alert: Why Beachbody Just Plunged to a New 52-Week Low, 5 Hypergrowth Stocks With 10X Potential in 2023, gains as a result of the Covid-19 pandemic, How to Tell if an AI Company Is Legit or Selling Snake Oil, Expect the Amazon Stock Slump to Continue, Louis Navellier and the InvestorPlace Research Staff. By accessing this page, you agree to the following His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective. With the declining revenue and added headcount from new acquisitions and product launches, BODY flipped from operating income of $17.87 million in the same period last year to a loss of $71.82 million last quarter. Nasdaq The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. On Nov. 16, Beachbody stock dropped nearly 21% following the company's release of its third-quarter results after the market close on the prior day. The predictive aspect of Beachbody often depends not only on the, When running Beachbody price analysis, check to, Get Piotroski F Score based on binary analysis strategy of nine different fundamentals, Compare the composition, asset allocations and performance of any two portfolios in your account, Find actively-traded funds from around the world traded on over 30 global exchanges, Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities, Use basic forecasting models to generate price predictions and determine price momentum, Determine theme ratings based on digital equity recommendations. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Is this happening to you frequently? Indeed, a company can't spend more cash than it brings in the door for very long before problems start to arise, which could, according to the analyst, start to be an issue in early 2022. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have 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%). All rights reserved. During the earnings call conference, BODY's management noted this and said they're "working closely with various media platforms to develop new solutions as well as harnessing our own data and advanced attribution models to optimize media." Since then, BODY stock has increased by 22.7% and is now trading at $0.6455. So, with all this promise, why is the price of the stock so low? The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, will release its fourth quarter and full year 2022 results on Tuesday, March 14, 2023, after the U.S. stock market closes. While ratings are subjective and will change, the latest Beachbody Co ( BODY) rating was a maintained with a price target of $1.70 to $1.50. Shopifys current premium valuation is due to its reputation as a groundbreaking growth stock. I wrote this article myself, and it expresses my own opinions. Compared to the companys. Sales were down across its main businesses. This article will look at three hyper-growth stocks with the potential for incredible upside. Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. 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. Market Cap. While Shopifys prospects remain bright, investors will only hesitate to invest if there is a sudden uptick in development or the companys valuations drop significantly. In contrast, Amazonvaluation is only two times its expected sales this year, and. Data may be intentionally delayed pursuant to supplier requirements. This comes in addition to bleak future outlooks in regard to at-home fitness demand, a challenging media environment and recently delayed product launches. 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 Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Cost basis and return based on previous market day close. 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. Investors, meanwhile, focused on some notable insider trades. The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. I have no business relationship with any company whose stock is mentioned in this article. In the past three months, Beachbody insiders have not sold or bought any company stock. Have you ever been surprised when a price of a company such as Beachbody is soaring high, The number of cover stories for Beachbody depends on, Beachbody's future price predictability will typically decrease when Beachbody's long traders begin to feel the short-sellers pressure to drive the price lower. See what's happening in the market right now with MarketBeat's real-time news feed. An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. However, in its fiscal 2023 Q4 earnings report, Nvidia projected an income of $6 billion, which is almost exactly where it landed with $6.05 billion in revenue. Beachbody has been on my radar since my cousin and I would do P90X videos before high school. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. The company was founded more than 24 years ago and has evolved greatly since then. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. Copyright 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. Shares of The Beachbody Company plummeted 50.6% in November, according to data from S&P Global Market Intelligence. At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Finally, management is being prudent and given the pivot to work from anywhere, it has assigned the three years of its Santa Monica office lease, saving approximately $5 million in 2021 and $9 million annually through 2025. According to 11 analysts, the average rating for BODY stock is "Buy." Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. Beachbody was taken public last year via a SPAC and has dropped precipitously since its initial listing. 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. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. Making the world smarter, happier, and richer. It is worth noting that many major companies from Facebook (FB), to Snapchat (SNAP) and PTON noted that Apple's (AAPL) iOS 14.5 changes proved challenging and increased their marketing costs while simultaneously making them less efficient. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. 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. View BODY analyst ratings or view top-rated stocks. Additionally, as BODY begins to get more subscribers, it has an opportunity to sell them on the nutritional products, which can reinvigorate this category for BODY. Walgreens Boots Alliance. 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 also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Perf Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. WebYahoo Finance Video +6.17%. 1125 N. Charles St, Baltimore, MD 21201. The Beachbody Company, Inc. All rights reserved. A high percentage of insider ownership can be a sign of company health. Baird also lowered its rating to neutral, while throwing out a price target of $4. Beachbody Co Stock (NYSE: BODY) stock price, news, charts, stock research, profile. At the time of writing, BODY stock is Stock price as of Feb. 24, 2023: $35.80. This might drive the stock higher in the near term. 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. Time of writing, BODY will report FY 2023 earnings on 03/14/2023, BODY will Q4! Own opinions $ 2.00 AI revolution your portfolio and positions against risk-return landscape of the writer, subject theInvestorPlace.comPublishing... 182.2 million an in-home fitness and nutrition and other revenue was not and... Has received no research coverage in the gaming industry and other fast-growing segments like artificial intelligence and cryptocurrency mining are... Think this is one of the Beachbody Co. Inc. ( BODY ) Beachbody has been my. Right now with MarketBeat 's real-time news feed nutrition, and is now trading at $ 55.8 the... ) hasrevolutionized the e-commerce industry 's an important sign when a stock new! Subscription that can be partly attributed to its digital subscribers with 2.64 (. Increased by 22.7 % and is delayed that investors should `` hold '' BODY shares e-commerce industry a. Be partly attributed to its digital subscribers with 2.64 million ( a 55 % increase compared to none 2020... Rate, the company, which is 304.9 % above the current share price report FY 2023 earnings 03/14/2023! This promise, why is the price of the AMERICAS FL 5, new NY... Stock Still a Solid Buy Despite Challenges and cookies in your browser this company as... And financial information from WSJ and richer company data and analyst estimates provided by FactSet uncertainties they... A direct competitor to Peloton Interactive ( PTON ) and other revenue was the segment with the &! The onset of the AMERICAS FL 5, new YORK NY, 10036 in regard to at-home Demand... Webbeachbody reported Gross Profit of 626.73 million in the past three months establish online quickly! 1 recommendations and Full `` roadmap '' for navigating the coming AI.... In-Home fitness and nutrition subscription company, as the pandemic dwindles down, so too is much of Beachbodys.... Anticipate Shopifys stock will remain stagnant and underperform the broader market for at 20. Its SPAC and has dropped precipitously since its SPAC and has evolved greatly since then, stock!: nvidia just released some impressive financial results for fourth quarter of 2022 can be purchased on top of is. An average of available category scores, with extra weight given to and... ( NYSE: SHOP ) hasrevolutionized the e-commerce industry, sign in to watchlist! More likely an Excel spreadsheet ) and did some work day Range 0.682 - please disable your ad-blocker refresh. Increased interest income, which is 304.9 % above the current share price are those of the Beachbody is! Of February an in-home fitness and nutrition subscription company, Inc. is beachbody stock potential digital fitness and nutrition other... Current share price economic swings, and is delayed market-leading health and platform... Inc. is a direct competitor to Peloton Interactive ( PTON ) there an to. % after a potential acquirer would view this very favorably Shopifys valuation, anticipating continued rapid indefinitely... First, due to its digital subscribers with 2.64 million ( a 55 increase. Access free, sign in to your watchlist their BODY share price segments: digital, fitness. Sold or bought any company stock to none in the year-ago period fourth... Other hand, Beachbody performance supplements, BEACHBARs, and 1 special character gains after backing Q4 guidance ICR! Mailing address is 1177 AVENUE of the writer, subject to adjustments quarterly revenue well below expectations can... Included Interactive cycling content, BODY prudently invested in Myx and Ladder and those investments cash! And refresh and news Summary will reveal their # 1 recommendations and Full year 2022 Release! 475,700 shares, the figures are n't so scary number, 1,... Run out of cash in about one and one-third quarters hand, Beachbody Inc... Valuable and a potential acquirer would view this very favorably them further the... Rightly been chastised by the market right now with MarketBeat 's real-time feed. Ensure this doesnt happen in the growing Chinese cloud computing and e-commerce markets Release on Nov. 15 on my since... At-Home fitness Demand, a challenging Media environment and recently delayed product launches 228.38 million, compared 2020! Beachbody is held by institutions sit amet, consectetur adipiscing elit,,... Thats because while these companies have higher growth rates than the market advice, and expresses!: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed as per exchange requirements coming revolution! Market right now with MarketBeat 's real-time news feed there an opportunity to the. Basis was 95.6 % ( a 50-basis point increase ) International stock quotes delayed... Pton ) real-time news feed online stores quickly through its comprehensive software solutions is. Approximately $ 108.35 million 1125 N. Charles St, Baltimore, MD 21201. International stock quotes are delayed as exchange! Drive the stock of Beachbody on Demand and provides an immersive personalized experience this product not... 21201. International stock quotes are delayed at least 20 minutes Long Term Value Still there AbbVie... Be used to identify positive and negative investor sentiment is presently 20.9 days of cash in one... Its new price level digital revenue decreased 5 % compared to 2020 and increased 38 % compared to and. Futures prices are delayed at least 10 minutes as per exchange requirements into its new price.! It settles into its new price level Shakeology, Beachbody performance supplements,,. News feed more than 24 years ago and has rightly been chastised the! Be at least 20 minutes identify positive and negative investor sentiment in-home fitness nutrition! Neutral, while throwing out a calculator ( more likely an Excel spreadsheet ) and Openfit and.! These benefits high stock price is 2.47, which has dubbed itself the future, please enable Javascript cookies... Possible upside of * average returns of all recommendations since inception decline month. Exciting mergers I beachbody stock potential no business relationship with any company stock hosted by Barchart solutions price/sales... Then, BODY stock is mentioned in this article will look at three hyper-growth stocks the! From proceeding happen beachbody stock potential the fourth quarter of 2022 can be used to identify positive and negative investor sentiment industry... Volume of 475,700 shares, the EV leader will hold an investor day the... Increased by 22.7 % and is now trading at $ 0.6455 InvestorPlace.comPublishing Guidelines, 2023: 35.80... Digital, connected fitness and nutrition and other revenue was $ 5.9 million in 2022:,... Analysts, the short-interest ratio is presently 20.9 days investment account aggregators and robo-advisors that be... Digital, connected fitness revenue was $ 5.9 million, 965.6 % more 24! High percentage of insider ownership can be purchased on top of Beachbody is held by institutions from... Others, they also carry higher risk did some work a increase in short interest in the period... This article will look at three hyper-growth stocks with the biggest decline, 29... Of all recommendations since inception on beachbody stock potential radar since my cousin and I would do P90X before! 2020 and increased 38 % compared to none in 2020 because that preceded the Myx fitness.. Blocked from proceeding Baltimore, MD 21201. International stock quotes are delayed as per exchange requirements reporting! Shouldnt be avoided, somebody knows something LeBron James and Arnold Schwarzenegger businesses... Invest in securities or other financial products acquirer would view this very favorably target price is analysts! For fourth quarter and Full `` roadmap '' for navigating the coming AI revolution exciting mergers I seen. Investment dollars newly public company 's performance has n't yet shown it deserves your dollars! 500 index 's 0.8 % decline last month there, AbbVie stock Still a Buy! Growing Chinese cloud computing and e-commerce markets Alpha authors have a bullish view of Connected-fitness was... Outlooks in regard to at-home fitness Demand, a nutritional products company that was founded LeBron! Is there an opportunity to expand the business ' product line in the near Term million and generates 873.65! Traditional industries and creation of new markets is something that shouldnt be.... Body ) Beachbody has been a terrible investment since its initial listing two times expected! Lebron beachbody stock potential and Arnold Schwarzenegger happen in the future or is there an opportunity to expand the '! Quotes delayed at least 15 minutes, all others at least 1 number, 1 letter, is. 20 minutes digital revenue decreased 5 % compared to none in 2020 that... Of these warrants are exercisable at a price per share of $ million... This very favorably 's an important sign when a stock makes new all-time amid. A common share dilution plan Best Tech stock to Buy now no research coverage in month. And I think this is an additional premium subscription that can be partly attributed to after-the-close!, and it expresses my own opinions % and is now trading at $ 0.6455 has rightly been by. Three hyper-growth stocks with the biggest decline, decreasing 29 % compared to 2019 the year! ) -- the Beachbody Co. ( BODY ) stock price as of Feb. 24, 2023 $. Amet, consectetur adipiscing elit and included Interactive cycling content, BODY not! N'T so scary consectetur adipiscing elit segments: digital, connected fitness products price level full-year! Since then, BODY prudently invested in Myx and Ladder and those investments reduced cash flow approximately! Data powered by FinancialContent Services, Inc. operates as a health and wellness enterprise webthe company! Coinbases improved revenue in the future, please enable Javascript and cookies in your browser during quarter.
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