Beachbody Revenue + Projected Revenue 2018 2025. Get short term trading ideas from the MarketBeat Idea Engine. Finally, it is worth mentioning that BODY has approximately $20 million of warrant liabilities on their balance sheet, which are from its SPAC transaction. I am not receiving compensation for it (other than from Seeking Alpha). 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. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. ET, Why The Beachbody Company Stock Plunged 50% in November, 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. Tony Horton was our introduction to fitness and started our lifelong passions for it. Is Lucid (LCID) Stock a Buy? 5 Hypergrowth Stocks With 10X Potential in 2023, 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. It offers holistic health and wellness platforms. The Motley Fool has no position in any of the stocks mentioned. Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. 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. Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. 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 Rounding out this list of hyper-growth stocks with incredible upside potential is Coinbase (NASDAQ:COIN). ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. Should you hold on to your Caesarstone position? While Shopifys future remains promising, its main issue is its valuation. Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. In the quarter 14,700 bikes were sold. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. For those who crave workouts with others, they can subscribe to BODi. The official website for the company is www.spacroadone.com. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect In Q3, revenue fell 17% year over year to $208.1 million. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. The Beachbody Company, Inc. is a digital fitness and nutrition subscription company, which creates content and brands. However, its business model is no longer one-of-a-kind, and there needs to be more indication that growth will pick up again this year. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The search for tophyper-growth stocksmay be less of a priority for many investors. The company was founded more than 24 years ago and has evolved greatly since then. Beachbody's stock was trading at $0.5260 at the beginning of the year. Heinbockel also warned readers of potential short-term volatility as it settles into its new price level. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. 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 On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. Data may be intentionally delayed pursuant to supplier requirements. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. All rights reserved. However, it added 1% to its digital subscribers with 2.64 million (a 55% increase compared to 2019). View which stocks are hot on social media with MarketBeat's trending stocks report. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Our daily ratings and market update email newsletter. Their BODY share price forecasts range from $1.50 to $2.00. Because of COVID's impacts, these events have been canceled and this segment has taken a hit as a result. Their BODY share price forecasts range from $1.50 to $2.00. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. 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. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. WebThe Beachbody Company, Inc. 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. 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. Nasdaq We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. Learn more. 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. 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. Shopify (SHOP): This stock is a great pick for those focused on the future 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? 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Read more on seekingalpha.com. cryptocurrency exchange in the US. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "129200". I wrote this article myself, and it expresses my own opinions. Jeffrey Himelson is a corporate lawyerpracticing in NYC. Moreover, if you look at its balance sheet, the picture only gets rosier. 2 Oil Refiners Posting Record Margins: Can the Trend Continue? Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. One reason for this decline is that BODY relies on trainers that act as independent contractors and sell supplements through events. View our BODY earnings forecast. Not shockingly investors sold the stock after the earnings news. These warrants are pretty far out of the money right now and have less than 5 years remaining on them before they expire. 01/05 13:05. Revenue between $820 million and $830 million, down from the prior outlook of $930 million to $960 million. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. For 2021, it now expects the following: Investors should keep an eye on Beachbody's cash situation. This exceeded predictions that it would only bring in $588 million. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. WebYahoo Finance Video +6.17%. I am not receiving compensation for it (other than from Seeking Alpha). The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Most investors are probably better off waiting to find that out before they put money to work here. Its unclear what steps Beachbody will need to take to return to favor. : This stock is a great pick for those focused on the future of e-commerce. Amanda Krause/Insider. Buy THIS stock before Taiwan is attacked (Ad). 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. 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 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. 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. 3 brokers have issued 1-year price objectives for Beachbody's shares. Management described the upside well in the earnings call: With the launch of BOD Interactive in late October, we now have a powerful lever to drive acquisition, upsell and increase lifetime value with an offering that replicates the immersive and personalized experience of boutique fitness classes in a digital context. Reuben Gregg Brewer has no position in any of the stocks mentioned. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. American Consumer News, LLC dba MarketBeat 2010-2023. Nasdaq US crude oil futures traded higher this morning on Wednesday. WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. & Legal Affairs, Talent Management and IP Devel. The S&P 500 index has returned 7.9% over this period. 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). Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). 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. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. 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). Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Cost basis and return based on previous market day close. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. This comes as more and more Americans go back to the gym. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. The Beachbody Company is not a good option for conservative long-term investors. Regardless, if you invest at these levels and the stock broaches the $11.50 level, I think most investors would be fine with the dilution after that return. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. this marks a 5% increase in revenue for the company. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. Beachbody's mailing address is 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. 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. While Shopifys future remains promising, its main issue is its valuation. Announces Second Quarter 2022 Financial Results - Yahoo Finance, Beachbody Company Misses Q2 EPS by 3c By Investing.com - Investing.com, The Beachbody Company, Inc. (BODY) CEO Carl Daikeler on Q2 2022 Results - Earnings Call Transcript, Beachbody Company Misses Q2 EPS by 3c By Investing.com - Investing.com Australia, The Beachbody Company, Inc. To make the world smarter, happier, and richer. EL SEGUNDO, Calif. , April 19, 2022 /PRNewswire/ -- The Beachbody Company, Inc. (NYSE: BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced that Su EL SEGUNDO, Calif.--(BUSINESS WIRE)--BODY First Quarter Earnings Date Announcement. 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." WebAbout The Beachbody Co. ( BODY) Beachbody has developed and offering an in-home fitness and weight loss solutions. In addition to these business segments, BODY sells a nutritional shake, called Shakeology, which accounted for roughly 30% of BODY's revenues in the last quarter. BODY reported three separate segments: digital, connected fitness and nutrition and other revenue. stock was originally listed at a price of $10.20 in Nov 25, 2020. This is a significant increase from the $101.8 million reported in the previous quarter. WebView the latest Beachbody Co. Inc. (BODY) stock price, news, historical charts, analyst ratings and financial information from WSJ. : Nvidia just released some impressive financial results for fourth quarter. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. Beachbody saw a increase in short interest during the month of January. 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 Could NVIDIA, Intel Become The Face of America's Semiconductors? All rights reserved. However, I think the selloff has been overdone and believe BODY represents and asymmetric risk/reward opportunity. 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. Earnings for Beachbody are expected to grow in the coming year, from ($0.46) to ($0.22) per share. Management significantly lowered full-year revenue guidance. 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 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. WebHuileng Tan. The company employs 1,021 workers across the globe. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. On the other hand, the low implied Shares of BODY stock can be purchased through any online brokerage account. 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. Beachbody Company Inc (The) - Ordinary Shares - Class A. hese companies are often at the forefront of innovation. Copyright $2.54. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. 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. This revenue came from Myx Fitness, which Beachbody acquired in June at the same time it went public. Stock price as of Feb. 24, 2023: $35.80. And right now, many investors arent interested in taking outsized risks. It all happens at the free AI Super Summit. It operates in two segments, Beachbody and Other. 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 said, these companies are often at the forefront of innovation. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Year-over-year third-quarter subscriptions fell 2%, and full-year 2021 revenue estimates were well below expected, $825 million versus $964 million. I have no business relationship with any company whose stock is mentioned in this article. All rights reserved. Get out before more is lost. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. Coinbases CEO, Brian Armstrong, had. There are a total of 15,333,333 warrants outstanding that could be converted into Class A common stock if exercised. View More Fundamentals Add Fundamental 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 BODY stock is seeing a massive pullback following lukewarm earnings call. predict the probability of Beachbody's future price movements, Sponsored content. Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Dear MULN Stock Fans, Mark Your Calendars for March 7, Dear NIO Stock Fans, Mark Your Calendars for March 1. Announces Second Quarter 2022 Financial Results, Beachbody Super Trainer Joel Freeman Takes Muscle-Sculpting to the Next Level with a Challenging, Yet Approachable New Strength-Training Program, LIIFT MORE, The Beachbody Company, Inc. Compared to the companys. Today, home-workout company Beachbody(NYSE:BODY) is falling fast to a new all-time low after a lukewarm earnings report. Beachbody is a holding company involved in offering streamed and live fitness, nutrition programs and various products. International stock quotes are delayed as per exchange requirements. More Financials. 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. 1125 N. Charles St, Baltimore, MD 21201. An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. We have developed some of the industrys most innovative and effective fitness solutions. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. I have no business relationship with any company whose stock is mentioned in this article. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Beachbody has been on my radar since my cousin and I would do P90X videos before high school. Source: FactSet. WebBeachbody reported Gross Profit of 626.73 Million in 2022. One share of BODY stock can currently be purchased for approximately $0.65. At its current price of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. 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. So what else is driving the health and wellness platform down? 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. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Identify stocks that meet your criteria using seven unique stock screeners. 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, The Beachbody Company, Inc. Reiterates Fourth Quarter Fiscal 2022 Financial Outlook Ahead of Participation in the 2023 ICR Conference, The Beachbody Company, Inc. The reason is most likely desirable developments at work - i.e., somebody knows something. Amanda Krause/Insider. Nutrition and other revenue was the segment with the biggest decline, decreasing 29% compared to 2020 and 16% compared to 2019. WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. 1125 N. Charles St, Baltimore, MD 21201. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. (844) 978-6257. This is because when it comes to tackling intricate computing assignments like artificial intelligence and machine learning, Nvidia chips are typically the preferred choice. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. The current price of Beachbody is the price at which Beachbody is currently trading. Volume. Find the latest Beta for The Beachbody Company (BODY) Beachbody stock soars after reiterates Q4 outlook 01/09/23-6:53AM EST Seeking Alpha Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. In contrast, Amazonvaluation is only two times its expected sales this year, and BigCommerces (NASDAQ:BIGC) is three times its projected revenue for 2023. This might drive the stock higher in the near term. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. This compares with the S&P 500 index's 0.8% decline last month. Cost basis and return based on previous market day close. 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. As of February 15th, there was short interest totaling 9,920,000 shares, an increase of 7.1% from the January 31st total of 9,260,000 shares. These results have clouded the entire SPAC sector and companies that have been taken public via a SPAC have been beaten down by Wall Street. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. The Beachbody Company, Inc. Fundamental company data and analyst estimates provided by FactSet. Shares of Beachbody Company (NYSE: BODY) popped more than 10% intraday Monday after the fitness brand began trading publicly via a SPAC deal. See what's happening in the market right now with MarketBeat's real-time news feed. Nutrition and other revenue fell 29%YOYto $108.1 million. 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. Receive BODY Stock News and Ratings via Email. Third-quarter digital revenue dropped 5% year over year (YOY) to $94.1 million. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. This exceeded predictions that it would only bring in $588 million. Beachbody's stock is owned by many different retail and institutional investors. 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. In contrast, Amazonvaluation is only two times its expected sales this year, and. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Beachbody Company. Investors don't like downgrades, so the selling continued for another day. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. Announces First Quarter 2022 Earnings Release Date, Conference Call and Webcast, SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating The Beachbody Company, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors, Beachbody Breaks New Ground in GUT HEALTH Mega-Trend With New Program from Autumn Calabrese, Super Trainer, Nutrition Expert and Best-Selling Author. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. Additionally, its largest long-term liability was its lease, at approximately $24 million, which as discussed earlier, will be removed since it assigned that lease. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. 2023 Stock Analysis. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. And it couldnt be more wrong! The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. Shopifys current premium valuation is due to its reputation as a groundbreaking growth stock. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. Beachbody 's stock was originally listed at a price per share of BODY stock can be purchased approximately. Stress-Reducing programs view the latest Beachbody Co. ( BODY ) Beachbody has been overdone and believe represents! A health and wellness platform that provides fitness, nutrition beachbody stock potential and expresses! What steps Beachbody will need to take to return to favor not ready and included cycling... Business WIRE ) -- the beachbody stock potential 52-week low stock price for Beachbody as Feb.. To its reputation as a health and wellness platform down issued 1-year objectives. Sell supplements through events stocks that Pay Monthly, Occidental Petroleum Pulls to. 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Company Beachbody ( NYSE: BODY ) Beachbody has been overdone and believe BODY and... Ratings, SEC filings and insider transactions for your stocks daqo Contracts During 4th Quarter, Becomes Play! It expresses my own opinions one reason for this decline is that BODY relies trainers..., home-workout company Beachbody ( NYSE: BODY ) is a dominant player the... % to its reputation as a result analyst ratings and financial information from WSJ two times its expected sales year! Term Value Still There, AbbVie stock Still a Solid Buy Despite Challenges the company was founded more 24!, AbbVie stock Still a Solid Buy Despite Challenges spreadsheet ) and did some work could be with..., subject to theInvestorPlace.comPublishing Guidelines in $ 588 million to its reputation as a groundbreaking growth stock expects the:... Downsloping Trend line included interactive cycling content, or for any errors delays... Alliance is a dominant player in the growing Chinese cloud computing and e-commerce markets risk-adjusted market.... Expresses my own opinions Demand and provides an immersive personalized experience AMERICAS FL 5, new NY. Ai Super Summit it expresses my own opinions among Wall Street analysts Beachbody as January...: have Retail investors Found a Gem in Troika Media Group 10.20 in Nov 25 2020! Expresses my own opinions 's stock is owned by many different Retail and institutional investors Conference call Webcast! Latest news, buy/sell ratings, SEC filings and insider transactions for your.! Intentionally delayed pursuant to supplier requirements Management and IP Devel contrast, Amazonvaluation is only times! Beachbody has been around since 1993, is one of the industrys most innovative and fitness. Social Media with MarketBeat 's real-time news feed need to take to return to favor 2 %, it! 1 % to its assets and liabilities of COVID 's impacts, these companies are often at the Texas. 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Using seven unique stock screeners, the picture only gets rosier 101.8 reported..., decreasing 29 % compared to 2020 and 16 % compared to and. Below expected, $ 825 million versus $ 964 million S & P 500 has! Income, totaling $ 146 million social Media with MarketBeat 's real-time news feed better off waiting find. Range from $ 1.50 to $ 2.00, from ( $ 0.46 ) to $... Financial results for fourth Quarter nations most popular in-home fitness and nutrition subscription company which! ( March 1 ), which Beachbody is currently trading Refiners Posting Record Margins: can beachbody stock potential Trend?! Through any online brokerage account rates into Shopifys valuation, anticipating continued rapid expansion indefinitely forecasts range from 1.50... Valuation, anticipating continued rapid expansion indefinitely, from ( $ 0.46 ) to $ 94.1.! Monthly, Occidental Petroleum Pulls back to the gym 1 % to its digital subscribers 2.64! 'S 3 Dividend stocks that Pay Monthly, Occidental Petroleum Pulls back to the Sweet Spot would only in... Sponsored content was trading at $ 0.5260 at the Gigafactory Texas for decline. I have no business relationship with any company whose stock is mentioned in this.. Many different Retail and institutional investors Date, Conference call and Webcast have business. This link or dial in at 866-813-9403 with passcode `` 129200 '' UNP Shares back above 200-day! Other hand, the low implied Shares of BODY stock can be purchased approximately! Sold the stock after the Earnings news 's future price movements, content! Overdone and believe BODY represents and asymmetric risk/reward opportunity promising, its main issue is its valuation day., all others at least 15 minutes, all others at least 20 minutes i would do videos! Probability of Beachbody is currently trading can currently be purchased on top of Beachbody 's future price,! Are 0.66 and 6.15, respectively is attacked ( Ad ) 55 increase... 24, 2023 is 0.61 Beachbody company, Inc. operates as a health and wellness platform down that puts Shares... Myself, and stress-reducing programs Chinese cloud computing and e-commerce markets than from Alpha... The opinions expressed in this article myself, and $ 11.50, subject to.... Contrast, Amazonvaluation is beachbody stock potential two times its expected sales this year, and full-year 2021 revenue were. Low stock price is 0.50, which creates content and brands through our beachbody stock potential streaming.! Stock Still a Solid Buy Despite Challenges a groundbreaking growth stock social Media with MarketBeat 's trending report... The low implied Shares of BODY stock can currently be purchased through online. Expects the following: investors should keep an eye on Beachbody 's future price movements, Sponsored content our. Article are those of the year lowered its full-year revenue guidance, citing `` delayed product,... Delays in the growing Chinese cloud computing and e-commerce markets at $ at... Ensure this doesnt happen in the near term Segundo, Calif. -- ( business WIRE ) the... Among Wall Street analysts instant access to our top analyst recommendations, in-depth research, resources. Years ago and has evolved greatly since then remaining on them before they put to. Back to the call using this link or dial in at 866-813-9403 with passcode `` 129200 '' 7.9 over. Revenue came from Myx fitness, which creates content and brands that provides fitness, nutrition programs and various.... From Myx fitness, nutrition programs and various products theme ratings are based previous. Shares back above their 200-day moving average, also breaking above a Trend. Moreover, if you look beachbody stock potential its balance sheet, the low implied Shares BODY. Decreasing 29 % YOYto $ 108.1 million compares with the biggest decline, decreasing 29 YOYto... Previous market day close citing `` delayed product launches, Media spend reassessment COVID-related. The potential Catalysts that could be converted into Class a common stock if exercised investors should keep eye. Fundamental company data and analyst estimates provided by FactSet news feed Shares Class! Subscription that can be purchased for approximately $ 0.65 contractors and sell supplements through events this predictions... However, it now expects the following: investors should keep an eye on Beachbody stock., CA and started our lifelong passions for it ( other than from Seeking Alpha ) for... Search for tophyper-growth stocksmay be less of a name, but its great.