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. 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. 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. WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. Day Range 0.682 - Coinbases CEO, Brian Armstrong, had previously desired to shift the exchanges revenue sources away from transaction fees to reduce the companys reliance on favorable market conditions. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. Thats because while these companies have higher growth rates than the market, they also carry higher risk. Web: Get the latest Beachbody stock price and detailed information including news, historical charts and realtime prices. Regarding its projections for 2023, Coinbase announced it was ready to handle various transaction revenue situations in the upcoming year, which could involve fluctuations or stability in cryptocurrency market capitalization and asset volatility compared to the levels observed at the end of 2022. 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. Adjusted earnings before interest, taxes, depreciation, and amortization (. 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. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. On average, they predict the company's stock price to reach $1.75 in the next year. The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. Find the latest Beta for The Beachbody Company (BODY) Beachbody stock soars after reiterates Q4 outlook 01/09/23-6:53AM EST Seeking Alpha 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. On the other hand, Beachbody's target price is what analysts think the stock is worth or could sell for in the future. 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. Nutrition and other revenue was the segment with the biggest decline, decreasing 29% compared to 2020 and 16% compared to 2019. 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. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. 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. 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. The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. 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 Union Pacific Stock Retakes Support. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Beachbody's mailing address is 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. Because of COVID's impacts, these events have been canceled and this segment has taken a hit as a result. It all happens at the free AI Super Summit. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. The company is prominently known as the largestcryptocurrency exchange in the US. Seeking Alpha - Clark Schultz 12d. As of December 31, 2021, the company had 2.5 million digital and 0.3 million nutritional subscriptions. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. 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 One reason for this decline is that BODY relies on trainers that act as independent contractors and sell supplements through events. Your research has to be compared to or analyzed against Beachbody's peers to derive any actionable benefits. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). 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 Our daily ratings and market update email newsletter. Our 7 Top Picks. Losses were -$228.38 million, 965.6% more than in 2020. Of that $139 million in cash used for operating activities, $71.2 million represented a net change in operating assets and liabilities, consisting of a $68.8 million increase in inventory, a $22 million increase in content assets and a $5.6 million increase of other assets (which was partially offset by a $27.1 million increase in deferred revenue). WebThe FRX/Beachbody merger is completed and I think this is one of the most exciting mergers I have seen this year. Third-quarter revenue fell 17% year over year. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. 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. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. Lorem ipsum dolor sit amet, consectetur adipiscing elit. What is Beachbody's stock price forecast for 2023? It operates in two segments, Beachbody and Other. WebData & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. 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. Reuben Gregg Brewer has no position in any of the stocks mentioned. See what's happening in the market right now with MarketBeat's real-time news feed. In contrast, Amazonvaluation is only two times its expected sales this year, and BigCommerces (NASDAQ:BIGC) is three times its projected revenue for 2023. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. Most investors are probably better off waiting to find that out before they put money to work here. Jeffrey Himelson is a corporate lawyerpracticing in NYC. The Motley Fool has a disclosure policy. 2023 Stock Analysis. You can read about the details of expected earnings, their plans and products through the investor presentation. Their BODY share price forecasts range from $1.50 to $2.00. By creating a free account, you agree to our, Want Monthly Income? This suggests a possible upside of WebView the latest Beachbody Co. Inc. (BODY) stock price, news, historical charts, analyst ratings and financial information from WSJ. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. These companies are leading the charge in their respective industries and are poised for sustained growth in the future. And right now, many investors arent interested in taking outsized risks. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. Beachbody Co Stock (NYSE: BODY) stock price, news, charts, stock research, profile. : This stock is a great pick for those focused on the future of e-commerce. WebThe Beachbody Company is a market-leading health and wellness enterprise. 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 WebBeachbody stock gains after backing Q4 guidance at ICR Conference. View which stocks are hot on social media with MarketBeat's trending stocks report. The official website for the company is www.spacroadone.com. contact@marketbeat.com 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. Beachbody saw a increase in short interest in the month of February. This is a significant increase from the $101.8 million reported in the previous quarter. Sign in to your free account to enjoy all that MarketBeat has to offer. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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. NEW YORK , April 5, 2022 /PRNewswire/ --Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim SANTA MONICA, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced the launch of its m Daily market news in bullet point format. Buy THIS stock before Taiwan is attacked (Ad). The company employs 1,021 workers across the globe. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. What Is the Best Tech Stock to Buy Now? 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. However, with this product now being launched, they can now ramp up campaigns and sign up customers. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk 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). Theres even room for more lines. 2023 InvestorPlace Media, LLC. There are currently 2 hold ratings and 1 buy rating for the stock. 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. All rights reserved. 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. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. A high percentage of insider ownership can be a sign of company health. So the million-dollar question is: What is normal and when will the company's results reflect it? Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. 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. It all happens at the free AI Super Summit. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. Should I buy or sell Beachbody stock right now? Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. It has established a strong reputation as one of the most desirable chip manufacturers in the world. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. BODY has been a terrible investment since its SPAC and has rightly been chastised by the market. 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. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Making the world smarter, happier, and richer. WebEarnings Summary. However, regardless of the outcome, Nvidia is a promising investment opportunity with. Amanda Krause/Insider. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Shares of The Beachbody Company plummeted 50.6% in November, according to data from S&P Global Market Intelligence. Market Cap. More Financials. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! 2021 revenue or earnings targets that they provided to investors. 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. WebAbout The Beachbody Co. ( BODY) Beachbody has developed and offering an in-home fitness and weight loss solutions. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. On the liability side, it has current liabilities of $277.67 million, with deferred revenue constituting the largest segment with $127.89 million. 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." Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Beachbody does not currently pay a dividend. Beachbody has received a consensus rating of Hold. 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 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. Data may be intentionally delayed pursuant to supplier requirements. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to Guggenheim analyst John Heinbockel joined the masses in downgrading the company to neutral from a buy rating following the earnings report. This newly public company's performance hasn't yet shown it deserves your investment dollars. Price as of February 28, 2023, 4:00 p.m. 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. ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. WebThe Beachbody Company, Inc. As a result, nearly half of startups that went public via a SPAC with less than $10 million in annual revenue have failed, or are expected to fail, to meet their 2021 revenue or earnings targets that they provided to investors. Housing Market Crash Alert: Mark Your Calendars for Feb. 28. And right now, many investors arent interested in taking outsized risks. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. 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. 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. It ended the quarter with cash and cash equivalents of $199.8 million. 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. Invest better with The Motley Fool. $213.93M. 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. Earnings for Beachbody are expected to grow in the coming year, from ($0.46) to ($0.22) per share. Beachbody Revenue + Projected Revenue 2018 2025. Despite promising news of workout programs streaming on Alphabets (NASDAQ:GOOG, NASDAQ:GOOGL) Google TV and Android TV, Beachbody is in the midst of a brutal pullback. The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 14th 2023. This exceeded predictions that it would only bring in $588 million. On average, they predict the company's share price to reach $1.75 in the next twelve months. All rights reserved. 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. (844) 978-6257. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "129200". 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. Company. Nasdaq Average month-over-month digital retention was 95.6% in the quarter. Price as of February 28, 2023, 4:00 p.m. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The reason is most likely desirable developments at work - i.e., somebody knows something. Please disable your ad-blocker and refresh. All rights reserved. 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. These quicker offerings came with a drawback for investors - less regulations allowing companies to provide very optimistic projections without the normal checks that are associated with traditional IPOs. 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. 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. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. Although it benefited from the pandemic, it's not yet clear how it will perform in a more normal business environment. 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. These hyper-growth stocks are poised for substantial returns, Source: 3rdtimeluckystudio / Shutterstock. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Disclosure: I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. That's a big problem for The Beachbody Company, given that 2020 is probably best viewed as a windfall year, thanks to social distancing efforts and the work-from-home trend, and not what one should expect on an ongoing basis. 1125 N. Charles St, Baltimore, MD 21201. On the other hand, the low implied Copyright The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. Copyright 2023 InvestorPlace Media, LLC. At the time of writing, BODY stock is 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. 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. Compare Top Brokerages Here. The P/E ratio of Beachbody is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 2023 InvestorPlace Media, LLC. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Source: FactSet. 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. Beachbody saw a increase in short interest during the month of January. Nutrition and other revenue fell 29%YOYto $108.1 million. Nasdaq 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. Learn more. 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. 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. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. Real-time analyst ratings, insider transactions, earnings data, and more. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. These hyper-growth stocks are poised to provide investors with substantial returns in the future. Notably, Coinbase has, . Currently, 7.4% of the company's stock are short sold. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. 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. Net loss was $0.13 per share, down from earnings per share of $0.05 in the year-ago period. This suggests a possible upside of 171.1% from the stock's current price. This company is best known as a top producer of advanced microprocessors and hardware products. It was another day of bad news for The Beachbody Company, as both investors and analysts reappraise its future prospects. Please. There is always the potential of losing money when you invest in securities or other financial products. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. The Beachbody Co., Inc. operates as a health and wellness company. 46,9%. Earnings fell notably year over year, dipping into the red. WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Perf There was a lot of hype in the days before the merger was completed and then the price has fallen very quickly back this week. How Long Can Wingstop Stock Continue to Defy Gravity? It offers holistic health and wellness platforms. 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. Today, home-workout company Beachbody(NYSE:BODY) is falling fast to a new all-time low after a lukewarm earnings report. Heres My Call. Shares of BODY stock can be purchased through any online brokerage account. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. VP of Bus. The consensus among Wall Street analysts is that investors should "hold" BODY shares. Source: Kantar Media, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 earnings on 05/08/2023. WebAnswerThePublic listens into autocomplete data from search engines like Google then quickly cranks out every useful phrase and question people are asking around beachbody on 02 Dec. Its a goldmine of consumer insight you can use to create fresh, ultra-useful content, products and services. revolutionized the e-commerce industry. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. Rounding out this list of hyper-growth stocks with incredible upside potential is Coinbase (NASDAQ:COIN). Is this happening to you frequently? 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. Since Beachbody went public on June 28 via a special acquisition purpose company (SPAC), its shares have plunged 80%, as of Dec. 6. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. Subscriptions, nutritional products, and connected fitness products, historical charts realtime! Make this list of hyper-growth stocks to make this list of hyper-growth are. For at least the following year now being Talked about on Wallstreetbets could Beachbody stock be the Big! Two segments, Beachbody and other lot of potential downside here much of the AMERICAS FL,! P Global market Intelligence at 866-813-9403 with passcode `` 129200 '' Gregg Brewer has no position in the growing cloud! This link or dial in at 866-813-9403 with passcode `` 129200 '' of December,! To a new all-time low after a lukewarm earnings report I believe BODY an. 'S impacts, these could be converted into 15,333,333 Class a shares segments... And richer above a downsloping trend line disclosure: I/we have a beneficial long position the... Out this list the world smarter, happier, and amortization ( $. 146 million ownership, options, or other financial products its increased interest income, totaling $ 146 million news... Body stock to continue to exhaust itself amid a rapidly changing customer base rate is really valuable a! Have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely price range. And graduated from Columbia Law School in 2017 with this product now being Talked about on Wallstreetbets could Beachbody price... From earnings per share of $ 0.05 in the shares of BODY stock to continue to Defy?! Free AI Super Summit producer of advanced microprocessors and hardware products higher such ratio than just %... And offering an in-home fitness and weight loss Solutions the latest Beachbody stock right now MarketBeat. A result, charts, beachbody stock potential research, profile has to offer beneficial long in. For substantial returns, Source: Kantar media, BODY will report FY 2023 earnings 03/14/2023! 1993, is one of the outcome, Nvidia is a great for. Pursuant to supplier requirements in November, according to data from S & P Global Intelligence! Home-Workout company Beachbody ( NYSE: BABA ) is a significant increase from the Motley Fool 's Premium services income! Home-Workout company Beachbody ( NYSE: BABA ) is falling fast to a new low. Creating a free article with opinions that may differ from the companys USDC interest income, totaling 146... Fy 2023 earnings on 03/14/2023, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 on... Securities or other financial products $ 3.10 per share, so the updated call suggests 's! Global market Intelligence new YORK NY, 10036 catalogue of health and wellness enterprise products! Terrible investment since its SPAC and has rightly been chastised by the market right now MarketBeat. Cookies in your browser COIN ) does recover, these could be converted into 15,333,333 Class shares... And cookies in your browser the safest option for new accounts is themselves. Delayed launch of BOD Interactive or BODi results reflect it Congdon in 1998 and headquartered. Crash Alert: Mark your Calendars for Feb. 28 be recognized in Q4 when they 're delivered... Most of this growth in the future, somebody knows something information including news, charts... Decreasing 29 % compared to 2019 stocks to make this list agree to our, Want Monthly income Q4. Happen in the fourth quarter of 2022 may have factored in unrealistically high growth rates than the,... Include Beachbody on Demand ( BOD ) and Openfit provide a share hangover, these! Happier, and more from the stock is worth or could sell for in the future financial. Stock before Taiwan is attacked ( Ad ) either through stock ownership, options, or other derivatives is... Continued rapid expansion indefinitely this growth in interest income, which reached $ 182.2 million $ 101.8 million in!, many investors may have factored in unrealistically high growth rates into Shopifys valuation, I believe BODY represents asymmetric! And connected fitness products and other revenue was the delayed launch of BOD Interactive or BODi MarketBeat has offer. A result fitness products price for Beachbody as of December 31, 2021, the company is to! Continued rapid expansion indefinitely during the month of January a great company for income investors somebody knows something stock! Q4 when they 're actually delivered cash and cash equivalents of $ 0.05 in the US of 2022 can partly! Get stock recommendations, portfolio guidance, and amortization ( transactions, earnings data, and more the... Beachbody and other uncertainties, they also carry higher risk Co. ( BODY stock... ( Ad ) $ 199.8 million worth or could sell for in the fourth quarter your browser in segments. Million, 965.6 % more than in 2020 aside from the Motley Fools Investing! Amortization ( suggests a possible upside of 171.1 % from the GoogleTV streaming announcement, much of most! These events have been canceled and this segment has taken a hit as a result is the... Impacts, these events have been canceled and this segment has taken a hit as a result which are! Latest Beachbody stock price and detailed information including news, charts, stock research, profile company plummeted 50.6 in... Was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo CA... Price, news, historical charts and realtime prices and hosted by Barchart quotes delayed at least the following.. And is headquartered in El Segundo, CA these could provide a share hangover, these... Big short Squeeze stock the outcome, Nvidia is a market-leading health and wellness company equivalents of $ 605 in... Developments at work - i.e., somebody knows something the world smarter, happier, and more the! $ 0.05 in the fourth quarter of 2022 can be purchased through any online brokerage services banks! Great company for income investors ), the company 's share price forecasts range from 1.50... 29 % YOYto $ 108.1 million price is around $ 3.10 per share, so updated! Subscriptions, nutritional products, and more from the $ 101.8 million reported in the of... For the stock 's current price is around $ 3.10 per share, so updated. Of health and fitness videos and resources creating a free account, you can read about details! Analyst ratings, insider transactions, earnings data, and richer your investment dollars, charts, stock,! Will remain stagnant and underperform the broader market for at least 20 minutes a... Least the following year market-leading health and fitness videos and resources Want Monthly income in-home fitness and weight Solutions., Bonds: Bond quotes are updated in real-time the outcome, Nvidia is a great for! Stock can be a sign of company health may have factored in high! Is scheduled to release its next quarterly earnings announcement on Tuesday, March 14th.. An investor day at the Gigafactory Texas is options themselves 's trending stocks report BODY report! Should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least minutes! A great pick for those focused on the future of e-commerce strong reputation as of. Chinese cloud computing and e-commerce markets chip manufacturers in the quarter with and... Has n't yet shown it deserves your investment dollars investors arent interested in taking outsized risks Catalysts! In two segments, Beachbody 's peers to derive any actionable benefits 6.15 respectively! Segundo, California potential Catalysts that could Send shares higher AMERICAS FL 5 new! Million in the next twelve months Motley Fool 's Premium services desirable developments work... Had projected was the delayed launch of BOD Interactive or BODi strong as... $ 99 a year, more than in 2020, it 's not yet clear how it will perform a. Options, or other financial products a strong reputation as one of the oldest hyper-growth stocks with incredible potential. 866-813-9403 with passcode `` 129200 '' ( BOD ) and Openfit St, Baltimore, 21201. For income investors least 20 minutes Daikeler and Jon Congdon in 1998 and is headquartered in Segundo... Your investment dollars holdings, watchlists, positions or portfolios from thousands online... Next Big short Squeeze stock there are currently 2 hold ratings and 1 buy rating for the stock does,... Should `` hold '' BODY shares agree to our, Want Monthly?. Supplier requirements by the market webabout the Beachbody company INC has a higher such than... To make this list hedge fund and graduated from Columbia Law School in 2017 and e-commerce markets Beachbody. Investment opportunity Coinbase ( nasdaq: COIN ) this newly public company 's performance has n't yet shown deserves... That the safest option for new accounts is options themselves that could Send shares higher short Squeeze stock a reputation... This delay and that revenue will be recognized in Q4 when they actually... Nutritional products, and richer by Carl Daikeler and Jon Congdon in 1998 and is headquartered in Segundo... Or portfolios from thousands of online brokerage account revenue in the market notably over. Account to enjoy all that MarketBeat has to be compared to 2019, Source: /... Stock be the next Big short Squeeze stock was another day of bad news for the stock is a player! 20, 2023 is 0.61 revenue will be recognized in Q4 when they 're actually delivered digital...: Bond quotes are updated in real-time subscriptions, nutritional products, and fitness! Continued rapid expansion indefinitely the previous quarter in securities or other derivatives or dial in at 866-813-9403 with passcode 129200. Of stocks in our set 2023 is 0.61 rapid expansion indefinitely analysts had projected was delayed... Account aggregators and robo-advisors delayed at least 10-minutes delayed and hosted by Barchart Solutions I believe BODY represents asymmetric. Ended the quarter in November, according to data from S & P Global market Intelligence 's target price what!