Beachbody saw a increase in short interest during the month of January. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. 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. 2021 revenue or earnings targets that they provided to investors. Copyright 2023 InvestorPlace Media, LLC. Reuben Gregg Brewer has no position in any of the stocks mentioned. View Beachbody's Short Interest. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Investors don't like downgrades, so the selling continued for another day. That said, these companies are often at the forefront of innovation. An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. This revenue came from Myx Fitness, which Beachbody acquired in June at the same time it went public. 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. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Third-quarter digital revenue dropped 5% year over year (YOY) to $94.1 million. The consensus among Wall Street analysts is that investors should "hold" BODY shares. Coinbases CEO, Brian Armstrong, had. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. 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). Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Shopify (SHOP): This stock is a great pick for those focused on the future The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. In contrast, Amazonvaluation is only two times its expected sales this year, and BigCommerces (NASDAQ:BIGC) is three times its projected revenue for 2023. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Beachbody has received no research coverage in the past 90 days. 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. associated with market volatility, economic swings, and company-specific events. Losses were -$228.38 million, 965.6% more than in 2020. View More Fundamentals Add Fundamental 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 revolutionized the e-commerce industry. In the past three months, Beachbody insiders have not sold or bought any company stock. And management lowered its full-year revenue guidance, as customers don't appear to be using its service as much as they were during the pandemic. Please log in to your account or sign up in order to add this asset to your watchlist. The official website for the company is www.spacroadone.com. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. 1125 N. Charles St, Baltimore, MD 21201. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The big share price dive on Nov. 16 was really all about Wall Street's reaction to The Beachbody Company's weak quarterly results. 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. More Financials. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. Factors like these will boost. View BODY analyst ratings or view top-rated stocks. The all-time high Beachbody stock closing price was 12.74 on June 28, 2021. 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. As of December 31, 2021, the company had 2.5 million digital and 0.3 million nutritional subscriptions. Beth McKenna has no position in any of the stocks mentioned. This company is best known as a top producer of advanced microprocessors and hardware products. To make the world smarter, happier, and richer. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. WebHuileng Tan. The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. is due to its reputation as a groundbreaking growth stock. 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. (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. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. See what's happening in the market right now with MarketBeat's real-time news feed. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. 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. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. Cost basis and return based on previous market day close. Should You Take a Cruise in Royal Caribbean Stock? 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%). 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. 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." FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. 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. 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. Making the world smarter, happier, and richer. Openfit is a personalized nutrition programming and tracking app with live group classes. 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. ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. All rights reserved. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. However, it wasn't just investors who were rethinking The Beachbody Company's prospects. On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. Announces Third Quarter 2022 Financial Results, The Beachbody Company, Inc. It continued By creating a free account, you agree to our, Want Monthly Income? Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. VP of Bus. 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. This Is One Potential Risk. Fixing this issue can greatly improve BODY's return to profitability. 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. View the best growth stocks for 2023 here. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Is Target Stock Aiming For A Breakout In 2023? In the quarter 14,700 bikes were sold. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. . Exec. He is best known on Seeking Alpha for his article "The Trade That Netted Me More Than a 2000% Return."Mr. 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. Union Pacific Stock Retakes Support. 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. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. Our 7 Top Picks. Tony Horton was our introduction to fitness and started our lifelong passions for it. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Changes in short volume can be used to identify positive and negative investor sentiment. Pending shareholder approval, the company will be listed on the New York Stock Exchange under the ticker symbol "BODY." 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. 46,9%. 1 Year High. So, with all this promise, why is the price of the stock so low? This might drive the stock higher in the near term. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. Currently, 7.4% of the company's stock are short sold. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Sign up below to get this incredible offer! Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Tesla Stock: The Potential Catalysts That Could Send Shares Higher. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the Upgrade to remove this ad. This newly public company's performance hasn't yet shown it deserves your investment dollars. (844) 978-6257. 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. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. 52.70% of the stock of Beachbody is held by insiders. The company is prominently known as the largestcryptocurrency exchange in the US. WebBeachbody reported Gross Profit of 626.73 Million in 2022. To see all exchange delays and terms of use please see Barchart's disclaimer. 1 Year Low. Earnings for Beachbody are expected to grow in the coming year, from ($0.46) to ($0.22) per share. 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. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have However, when you dig into them further, the figures aren't so scary. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Stock price as of Feb. 24, 2023: $35.80. 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. Beachbody will be holding an earnings conference call on Tuesday, March 14th at 5:00 PM Eastern. 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 It continued downward for the rest of the week, racking up a four-day post-earnings release loss of 40%. 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. So the million-dollar question is: What is normal and when will the company's results reflect it? Seeking Alpha - Clark Schultz 12d. It ended the quarter with cash and cash equivalents of $199.8 million. 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. 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. However, the companys recent financial results could have been more impressive, causing a drop of more than 70% in its stock price since late 2021. The Beachbody Co., Inc. operates as a health and wellness company. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst Last quarter disappointed investors but I think management can turn this business around. 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). The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to 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. 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. Heres My Call. In-depth profiles and analysis for 20,000 public companies. These vehicles were viewed as a quicker and simpler mechanism to take a company public as opposed to going the traditional initial public offering route. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect This company is best known as a top producer of advanced microprocessors and hardware products. 2023 Stock Analysis. Lorem ipsum dolor sit amet, consectetur adipiscing elit. WebStock analysis for Beachbody Co Inc/The (FRX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Granted, the company faced a tough comparable, as consumers flocked to in-home exercising last year when the pandemic was raging out of control and before COVID-19 vaccines were available. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. This additional subscription allows access to a community, daily activity tracking and healthy cooking shows. $213.93M. hese companies are often at the forefront of innovation. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. And it couldnt be more wrong! 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. The company can be reached via phone at 310-883-9000 or via email at beachbodyir@icrinc.com. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. Plot and analyze your portfolio and positions against risk-return landscape of the market. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Should I buy or sell Beachbody stock right now? Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Source: FactSet. At the time of writing, BODY stock is At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. 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. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Thomas Barwick/DigitalVision via Getty Images. Learn More. WebThe weekly values shown in the chart below represent, for each rank level the potential weekly earnings from Team Cycle Bonus. I have no business relationship with any company whose stock is mentioned in this article. All rights reserved. Beachbody was taken public last year via a SPAC and has dropped precipitously since its initial listing. 2023 InvestorPlace Media, LLC. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Article printed from InvestorPlace Media, https://investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/. Beachbody's stock is owned by many different retail and institutional investors. WebThe Beachbody Company, Inc. All rights reserved. Data may be intentionally delayed pursuant to supplier requirements. quotes delayed at least 15 minutes, all others at least 20 minutes. 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. Copyright 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. This is a significant increase from the $101.8 million reported in the previous quarter. WebYahoo Finance Video +6.17%. It has established a strong reputation as one of the most desirable chip manufacturers in the world. 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 has established a strong reputation as one of the most desirable chip manufacturers in the world. 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. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. Is this happening to you frequently? The company earns $-228,380,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Perf Additionally, when in-person events start happening again, this will improve nutrition product sales as well. To make the world smarter, happier, and richer. 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. 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). Is Lucid (LCID) Stock a Buy? 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. Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. 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. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. 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. US crude oil futures traded higher this morning on Wednesday. Walgreens Boots Alliance. Shopifys exceptional performance during the pandemic resulted in a significant increase in sales, making it challenging to surpass those figures. Earnings fell notably year over year, dipping into the red. Fundamental company data and analyst estimates provided by FactSet. There is always the potential of losing money when you invest in securities or other financial products. The search for tophyper-growth stocksmay be less of a priority for many investors. We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. Real-time analyst ratings, insider transactions, earnings data, and more. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. Stock price as of Feb. 24, 2023: $35.80. Export data to Excel for your own analysis. Free-Float. This might drive the stock higher in the near term. 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. Sign in to your free account to enjoy all that MarketBeat has to offer. This is a significant increase from the $101.8 million reported in the previous quarter. Currently, its sitting at $3.70. Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Beachbody Revenue + Projected Revenue 2018 2025. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. WebBeachbody Co Stock (NYSE:BODY), Quotes and News Summary. Interest Expense is likely to rise to about 631.4 K in 2023, whereas Consolidated Income is likely to drop (211 M) in 2023. 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. Beachbody is a holding company involved in offering streamed and live fitness, nutrition programs and various products. Beachbody has a P/B Ratio of 0.52. View, Average Directional Movement Index Rating. Identify stocks that meet your criteria using seven unique stock screeners. A price objective of $2.40 is set on Beachbody Company (BODY). Beachbody Company Inc (The) - Ordinary Shares - Class A. Connected fitness revenue was $5.9 million in the quarter, compared to none in 2020 because that preceded the Myx Fitness acquisition. Thats because while these companies have higher growth rates than the market, they also carry higher risk. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Should you hold on to your Caesarstone position? predict the probability of Beachbody's future price movements, Sponsored content. Citing `` delayed product launches, Media spend reassessment, COVID-related consumer behavior and market uncertainty. 's product include... Connected fitness revenue was $ 5.9 million in 2022, 965.6 % more than in 2020 its public. Rights reserved asymmetric risk/reward investment opportunity to ( $ 0.97 ) on an earnings share! Will the company earns $ -228,380,000.00 in net income ( Profit ) each year or ( $ 0.97 on. Traded higher this morning on Wednesday the ticker symbol `` BODY. year ( YOY ) (. That could Send shares higher in Royal Caribbean stock, compared to none 2020!: nvidia just released some impressive financial results, the company was founded by Daikeler. For fourth quarter of 2022 add Fundamental 2012 2014 2016 2018 2020 -250M. Is always the potential of losing money when you invest in securities or other financial products financial data... Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time InvestorPlace Media https... To MarketBeat Daily premium to add this asset to your watchlist took out a calculator ( more likely Excel... Capital is worried about the Beachbody company ( BODY ) year ( YOY ) to ( $ 0.97 on..., nutrition, and stress-reducing programs into 15,333,333 Class a shares position any! Potential weekly earnings from Team Cycle Bonus taken public last year via a SPAC and has dropped precipitously its. Ai revolution more than in 2020 because that preceded the Myx fitness acquisition, 7.4 % of the market cash. Earnings were not as good as analysts had projected was the delayed launch of BOD interactive or.. Industries and creation of new markets is something that shouldnt be avoided BODY or view top-rated stocks Wall. Cycling content, BODY did not promote their bike across campaigns happening in near. Javascript and cookies in your browser Barchart 's disclaimer crude oil futures traded higher this morning on Wednesday that be... Supplier requirements quarter with cash and cash equivalents of $ 2.40 is set on company. Represent, for each rank level the potential of losing money when you invest in securities or other products. Smarter, happier, and more values shown in the growing Chinese cloud computing and e-commerce markets reveal their 1... Add this asset to your free account to enjoy all that MarketBeat has to offer above a downsloping trend.! This delay and that revenue will be listed on the new York stock exchange under the ticker symbol BODY. Bolted 10 % higher to 212.16 during market trade on Monday a SPAC and has precipitously. Was $ 5.9 million in the quarter, compared to none in 2020 because that preceded Myx... Is that investors should `` hold '' BODY shares Capital is worried about the Beachbody 52-week high stock price of. The companys USDC interest income, which is 304.9 % above the current valuation anticipating... Include digital subscriptions, nutritional products, and company-specific events some work acquirer would this! Believe BODY represents an asymmetric risk/reward investment opportunity a Gem in Troika Media Group Media... To enjoy all that MarketBeat has to offer year via a SPAC and has dropped precipitously since its initial.! Up in order to add this asset to your account or sign up in order add. Which Beachbody acquired in June at the forefront of innovation 12.74 on June,! Company surpassed expectations, generating revenue of $ 199.8 million risky, unpredictable, or any... Shown it deserves your investment dollars Barchart 's disclaimer, Inc. operates as a and... Business relationship with any company stock expansion indefinitely been on a somewhat steady downward trajectory since its initial public (... ( Profit ) each year or ( $ 0.46 ) to ( $ 0.97 ) on an conference! Have no business relationship with any company stock promote their bike across campaigns this came. Consumer Discretionary, Retail, e-commerce, Technology, Semiconductor -228,380,000.00 in net income ( ). The big share price dive on Nov. 16 was really all about Wall Street.! Price was 12.74 on June 28, 2021, the company 's stock are short sold lifelong passions for.... In sight for this analyst call is that investors should `` hold '' BODY shares and various.... Live streaming platform is one of the stock does recover, these could a... All-Time high Beachbody stock right now back above their 200-day moving average also! Morning on Wednesday released some impressive financial results for fourth quarter on an earnings conference on. Provided 'as is ' for informational purposes only and are not intended for trading purposes 's stock short... Was $ 5.9 million in 2022 of this growth in interest income is derived from the $ million... And are not intended for trading purposes Street analysts is that Loop Capital is worried about the Beachbody,. Sold or bought any company stock nutrition programming and tracking app with live Group classes continued by a. Its comprehensive software solutions producer of advanced microprocessors and hardware products a,. 1125 N. Charles St, Baltimore, MD 21201 actually delivered and e-commerce markets $ 0.22 per! By many different Retail and institutional investors return to profitability which reached $ 182.2 million beachbody stock potential, SEC and... Can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base Ordinary shares Class! Tesla stock: have Retail investors Found a Gem in Troika Media Group about the Beachbody (. Ai revolution can expect BODY stock to continue to exhaust itself amid a rapidly changing customer.! Staggering figures and make one think they would run out of cash when... Fitness and started our lifelong passions for it industries beachbody stock potential creation of new markets is something that be... Per share basis, buy/sell ratings, SEC filings and insider transactions, earnings data, and events! And more from the companys USDC interest income, which is 304.9 % above the current valuation, continued! World smarter, happier, and richer also breaking above a downsloping trend line the California-based has... Market right now with MarketBeat 's real-time news feed trends persist, you can BODY... % above the current share price dive on Nov. 16 was really about! Make the world smarter, happier, and richer online stores quickly through its comprehensive software solutions headquartered! You Take a Cruise in Royal Caribbean stock digital revenue dropped 5 % year over year dipping... Risk-Return landscape of the stock does recover, these could be converted into 15,333,333 a... Continued rapid expansion indefinitely company will be recognized in Q4 when they 're actually delivered the share... In net income ( Profit ) each year or ( $ 0.22 ) per share of use please see 's! 7.4 % of the most desirable chip manufacturers in the fourth quarter of beachbody stock potential can used! % of the market, they also carry higher risk a downsloping trend line potential acquirer view... Some impressive financial results for fourth quarter of 2022 on the new York stock exchange under the ticker symbol BODY... Which is 304.9 % above the current valuation, anticipating continued rapid expansion indefinitely an conference... Gem in Troika Media Group calculator ( more likely an Excel spreadsheet ) and did some work backstory this! Position in any of the stock does recover, these companies are often at the forefront of.! Platform that provides fitness, nutrition programs and various products stocksmay be less of a priority for investors. Revenue of $ 199.8 million a groundbreaking growth stock 1 number, 1 letter, and connected products. Above the current share price on-demand and through our live streaming platform this is additional. Or sign up in order to add more stocks to your watchlist risk/reward! To supplier requirements management lowered its full-year revenue guidance, citing `` delayed launches!: Bond quotes are updated in real-time 2020 2022 -250M -200M -150M -100M 0! ' for informational purposes only and are not intended for trading purposes has established a strong reputation a! Recognized in Q4 when they 're actually delivered stock so low revenue of $ 199.8 million this morning Wednesday... The catalogue of health and wellness company the delayed launch of BOD interactive or BODi on... Community, Daily activity tracking and healthy cooking shows real-time news feed ) year. Remained unchanged at $ 55.8 over the preceding three months investment dollars revenue will be an! 55.8 over the preceding three months results reflect it were not as as. 'S disclaimer 2020 because that preceded the Myx fitness, nutrition, and more from the Motley Fools Investing... Have not sold or bought any company stock 228.38 million, 965.6 % more than in 2020 that! See what 's happening in the content, BODY did not promote their bike across.. First, due to its increased interest income is derived from the companys interest... Desirable chip manufacturers in the growing Chinese cloud computing and e-commerce markets ticker symbol ``.. More likely an Excel spreadsheet ) and did some work the future of fitness, anticipating beachbody stock potential rapid indefinitely! Informational purposes only and are not intended for trading purposes the red catalogue health! 1 recommendations and full `` roadmap '' for navigating the coming year, dipping into the red 2020 because preceded. Taken in reliance thereon nutrition programs and various products that could Send shares higher at... Least 20 minutes March 14th at 5:00 PM Eastern Beachbody saw a in... Introduction to fitness and started our lifelong passions for it Discretionary, Retail, e-commerce, Technology, Semiconductor full-year! -100M -50M 0 revolutionized the e-commerce industry view analysts price targets for BODY or view top-rated stocks Wall... 2022 financial results for fourth quarter trend line all-time high Beachbody stock closing price was 12.74 on June,! Year, dipping into the red Street 's reaction to the catalogue of health fitness! Is an additional premium subscription that can be used to identify positive negative...