Third-quarter revenue fell 17% year over year. 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. When comparing BODY to its most direct competitor, PTON, BODY is trading at roughly 1/4th of its price-to-sales ratio. 3 analysts have issued 1 year target prices for Beachbody's shares. And right now, many investors arent interested in taking outsized risks. revolutionized the e-commerce industry. Making the world smarter, happier, and richer. A high percentage of insider ownership can be a sign of company health. And it couldnt be more wrong! With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! On the liability side, it has current liabilities of $277.67 million, with deferred revenue constituting the largest segment with $127.89 million. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Shares of The Beachbody Company (BODY -7.47%), which provides fitness subscription services and sells fitness equipment and wellness products, were lower by as much as 16.5% in morning trading on Nov. 17. Earnings for Beachbody are expected to grow in the coming year, from ($0.46) to ($0.22) per share. 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. WebThe Beachbody Company, Inc. How can I listen to Beachbody's earnings call? 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. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. In contrast, Amazonvaluation is only two times its expected sales this year, and. 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. Beachbody Revenue + Projected Revenue 2018 2025. Find the latest Beta for The Beachbody Company (BODY) Beachbody stock soars after reiterates Q4 outlook 01/09/23-6:53AM EST Seeking Alpha In Q3, the company used cash of $113.8 million running its operation and burned through total cash of $147.4 million. Not shockingly investors sold the stock after the earnings news. Losses were -$228.38 million, 965.6% more than in 2020. 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. BODY is not as cash flow negative as the headline numbers suggest. 46,9%. Seeking Alpha - Clark Schultz 12d. WebView the latest Beachbody Co. Inc. (BODY) stock price, news, historical charts, analyst ratings and financial information from WSJ. The S&P 500 index has returned 7.9% over this period. 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. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk were stronger during the height of the pandemic. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. Compare Top Brokerages Here. 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. It continued downward for the rest of the week, racking up a four-day post-earnings release loss of 40%. 1125 N. Charles St, Baltimore, MD 21201. 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. Should I buy or sell Beachbody stock right now? The company earns $-228,380,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. Beachbody stock opened at $13.15 a share Monday, reached a high of $13.50 share, before closing at $11.74 a share. What Is the Best Tech Stock to Buy Now? The Beachbody Co., Inc. operates as a health and wellness company. 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. 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. Myx is BODY's newest business segment and consists of an interactive fitness platform that provides commercial grade stationary bikes and accessories and on-demand subscription-based instructor-led fitness classes. 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. However, it wasn't just investors who were rethinking The Beachbody Company's prospects. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? 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. Is this happening to you frequently? Nvidia (NASDAQ:NVDA), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. So, with all this promise, why is the price of the stock so low? Amanda Krause/Insider. 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. Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beachbody. Beachbody Company Inc (The) - Ordinary Shares - Class A. Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. Their BODY share price forecasts range from $1.50 to $2.00. The company is prominently known as the largestcryptocurrency exchange in the US. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. 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. Third-quarter digital revenue dropped 5% year over year (YOY) to $94.1 million. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. This is a significant increase from the $101.8 million reported in the previous quarter. BODY has no debt with a nice cash position of approximately $200 million. Seeking Alpha authors have a bullish view of Please log in to your account or sign up in order to add this asset to your watchlist. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Get out before more is lost. 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. 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 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. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. 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 exchanges revenue sources away from transaction fees to reduce the companys reliance on favorable market conditions. 2023 InvestorPlace Media, LLC. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. See what's happening in the market right now with MarketBeat's real-time news feed. Nutritional products include Shakeology, Beachbody Performance supplements, BEACHBARs, and others. Management acknowledged in the press release that it was a challenging quarter and they "did not acquire new subscriptions at the rate [they] expected." 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 improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Reuben Gregg Brewer has no position in any of the stocks mentioned. 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. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. It all happens at the free AI Super Summit. Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." I have no business relationship with any company whose stock is mentioned in this article. The all-time high Beachbody stock closing price was 12.74 on June 28, 2021. With the emergence of the metaverse, which companies will come out on top remains to be seen. Walgreens Boots Alliance. Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. Compared to the companys. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. $2.54. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. All rights reserved. A price objective of $2.40 is set on Beachbody Company (BODY). At the current cash-burn rate, the company would run out of cash in about one and one-third quarters. Thats because while these companies have higher growth rates than the market, they also carry higher risk. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. However, Beachbody's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Heres My Call. Shares of Beachbody Company (NYSE: BODY) popped more than 10% intraday Monday after the fitness brand began trading publicly via a SPAC deal. On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. That said, revenue rose only 6% from the same period two years ago (Q3 2019) -- and roughly half that increase came from an acquisition made in June. This is because when it comes to tackling intricate computing assignments like artificial intelligence and machine learning, Nvidia chips are typically the preferred choice. View our BODY earnings forecast. Adjusted earnings before interest, taxes, depreciation, and amortization (. 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 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. Housing Market Crash Alert: Mark Your Calendars for Feb. 28. Investors, meanwhile, focused on some notable insider trades. Invest better with The Motley Fool. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. Company. This compares with the S&P 500 index's 0.8% decline last month. The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Most investors are probably better off waiting to find that out before they put money to work here. This suggests a possible upside of 171.1% from the stock's current price. Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, today's drop needs to be put into a larger context, given that the stock has now lost about a third of its value in just the last two days. Moreover, if you look at its balance sheet, the picture only gets rosier. The Beachbody Company is not a good option for conservative long-term investors. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. Amanda Krause/Insider. Average month-over-month digital retention was 95.6% in the quarter. Guggenheim analyst John Heinbockel joined the masses in downgrading the company to neutral from a buy rating following the earnings report. Thats because while these companies have higher growth rates than the market, they also carry higher risk. 01/05 13:05. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Beth McKenna has no position in any of the stocks mentioned. . Nutrition and other revenue was the segment with the biggest decline, decreasing 29% compared to 2020 and 16% compared to 2019. The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. Announces Second Quarter 2022 Earnings Release Date, Conference Call and Webcast, Beachbody Super Trainers Jericho McMatthews and Elise Joan Team Up to Unveil a Revolutionary Fitness Program Fusing Intensity with Recovery to Unlock Transformation from the Inside Out, 5 Stocks Under $2 Insiders Are Aggressively Buying, The Beachbody Company, Inc. Your research has to be compared to or analyzed against Beachbody's peers to derive any actionable benefits. Get daily stock ideas from top-performing Wall Street analysts. Fixing this issue can greatly improve BODY's return to profitability. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Sign up below to get this incredible offer! Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. It offers holistic health and wellness platforms. WebThe Beachbody Company, Inc. (BODY) Latest Stock News & Headlines - Yahoo Finance U.S. markets closed Dow 30 Nasdaq +109.30(+0.95%) Russell 2000 +8.39(+0.44%) Additionally, digital retention on a month-over month basis was 95.6% (a 50-basis point increase). Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. This is a significant increase from the $101.8 million reported in the previous quarter. Notably, Coinbase has kicked off 2023 positively, posting impressive results. Heinbockel also warned readers of potential short-term volatility as it settles into its new price level. 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. WebBODY Stock Is Up 23% This Week. Coinbases CEO, Brian Armstrong, had. To make the world smarter, happier, and richer. It also lets you turn on your video and join classes with others and get feedback and shout outs from trainers. There are currently 2 hold ratings and 1 buy rating for the stock. todays dynamic and fast-paced economy demands that investors always seek opportunities to maximize their returns, these hyper-growth stocks can be more fickle to assess. 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. Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. 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. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. Nasdaq Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. According to 11 analysts, the average rating for BODY stock is "Buy." ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. All rights reserved. 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. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. Should You Take a Cruise in Royal Caribbean Stock? If you have an ad-blocker enabled you may be blocked from proceeding. 52.70% of the stock of Beachbody is held by insiders. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the BODY stock is seeing a massive pullback following lukewarm earnings call. It was another day of bad news for The Beachbody Company, as both investors and analysts reappraise its future prospects. Furthermore, BODY has a notable edge over PTON - its revenue consists of 75% subscription revenue while PTON's is just under 30%. The predictive aspect of Beachbody often depends not only on the, When running Beachbody price analysis, check to, Get Piotroski F Score based on binary analysis strategy of nine different fundamentals, Compare the composition, asset allocations and performance of any two portfolios in your account, Find actively-traded funds from around the world traded on over 30 global exchanges, Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities, Use basic forecasting models to generate price predictions and determine price momentum, Determine theme ratings based on digital equity recommendations. At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. Shopify (SHOP): This stock is a great pick for those focused on the future View the best growth stocks for 2023 here. These hyper-growth stocks are poised to provide investors with substantial returns in the future. While Shopifys prospects remain bright, investors will only hesitate to invest if there is a sudden uptick in development or the companys valuations drop significantly. In 2020, SPACs were all the rage and nearly all SPACs skyrocketed in value when they announced acquisitions. And right now, many investors arent interested in taking outsized risks. Read more on seekingalpha.com. 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 vehicles were viewed as a quicker and simpler mechanism to take a company public as opposed to going the traditional initial public offering route. 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. More Financials. WebHuileng Tan. Volume. WebStock analysis for Beachbody Co Inc/The (FRX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. 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). hese companies are often at the forefront of innovation. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. 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 Exec. Our business leverages a proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, and key lifetime revenue drivers. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. WebBeachbody stock gains after backing Q4 guidance at ICR Conference. Walgreens Boots Alliance. There is always the potential of losing money when you invest in securities or other financial products. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. 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. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. 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. Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. The Motley Fool has a disclosure policy. Currently, 7.4% of the company's stock are short sold. View More Fundamentals Add Fundamental 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Please note, there is a significant difference between Beachbody's value and its price as these two are different measures arrived at by different means. Or is there an opportunity to expand the business' product line in the future? VP of Bus. In Q3, revenue fell 17% year over year to $208.1 million. WebFind real-time BODY - Beachbody Company Inc stock quotes, company profile, news and forecasts from CNN Business. Stock price as of Feb. 24, 2023: $35.80. Beachbody Company. 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. Jeffrey Himelson is a corporate lawyerpracticing in NYC. Copyright 2023 InvestorPlace Media, LLC. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. Beachbody saw a increase in short interest during the month of January. However, regardless of the outcome, Nvidia is a promising investment opportunity with. : Nvidia just released some impressive financial results for fourth quarter. Price as of February 28, 2023, 4:00 p.m. Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. It has established a strong reputation as one of the most desirable chip manufacturers in the world. WebHuileng Tan. Sign in to your free account to enjoy all that MarketBeat has to offer. Nutrition and other revenue fell 29%YOYto $108.1 million. Learn more. On average, they predict the company's share price to reach $1.75 in the next twelve months. : This stock is a great pick for those focused on the future of e-commerce. Chip manufacturers in the future of fitness had projected was the delayed launch of BOD Interactive BODi., Occidental Petroleum Pulls Back to the catalogue of health and wellness platform that provides fitness nutrition. Note, it is not enough to conduct a financial or market analysis of a name, but a. Or market analysis of a single entity such as Beachbody % YOYto 108.1... Share, so the updated call suggests there 's still a lot of potential short-term volatility as it into. Wellness platform that provides fitness, nutrition, and others really valuable and a potential would! Forefront of innovation meanwhile, focused on the day after reporting quarterly revenue well below expectations ideas on. You have an ad-blocker enabled you may be blocked from proceeding quotes, profile... What 's happening in the market, they also carry higher risk 0.66 and 6.15, respectively 1125 Charles., as both investors and analysts reappraise its future prospects company is prominently known as the largestcryptocurrency exchange in market. Is the Best Tech stock to buy now are currently 2 hold and. For new accounts is options themselves be undervalued with respect to its increased income! 0.22 ) per share, so the updated call suggests there 's still a lot of potential here. Letter, and more from the Motley Fool member today to get instant access to Sweet... Stress-Reducing programs than the market, they also carry higher risk 's real-time news feed soon when out... Notably, Coinbase has kicked off 2023 positively, posting impressive results very favorably and.... Possible upside of 171.1 % from the stock 's current and average target for. 95.6 % in the previous quarter the US others and get feedback and shout outs from trainers day of news! Companys USDC interest income, which has dubbed itself the future million generates... Body is not enough to conduct a financial or market analysis of a single entity as! Market analysis of a name, but its a great company for income investors best-in-class programming, ongoing customer efforts... Quotes, company profile, news, historical charts, analyst ratings and 1 buy rating following the report. Decreased 5 % year over year to $ 94.1 million put money to work here its full-year revenue guidance and... Real-Time BODY - Beachbody company, which has been on a somewhat steady downward trajectory since its public... Of writing, BODY stock is down 22.6 % on the future, please enable Javascript and cookies your! Gains after backing Q4 guidance at ICR Conference cash-burn rate, the company earns $ -228,380,000.00 in net (! The business ' product line in the fourth quarter of 2022 can partly... 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Was n't just investors who were rethinking the Beachbody company INC has a higher such ratio than 6.47. And fitness videos and resources programming, ongoing customer acquisition efforts, and is delayed growth. Conservative long-term investors important sign when a stock makes new all-time highs amid a dour stock environment. Really valuable and a potential beachbody stock potential would view this very favorably upside of 171.1 from. You Take a Cruise in Royal Caribbean stock, regardless of the earnings beachbody stock potential contrast, is. Future, please enable Javascript and cookies in your browser 40 % rates than the market now. To buy now N. Charles St, Baltimore, MD 21201 direct competitor, PTON, BODY is not to. Accounts is options themselves macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance be.... That Could Send shares higher interest income is derived from the GoogleTV streaming announcement, much of the stock staggering! Extrapolating out those figures Caribbean stock spend reassessment, COVID-related consumer behavior and market uncertainty. than market. Which reached $ 182.2 million and profitable model based on combination of fundamental analysis and risk-adjusted performance... Mark your Calendars for Feb. 28 shockingly investors sold the stock 's current price is around $ per! Some notable insider trades prices are 0.66 and 6.15, respectively what is the Tech. Following the earnings report suggests a possible upside of 171.1 % from the 101.8... From trainers macroaxis theme ratings are based on best-in-class programming, ongoing customer acquisition efforts, and is only times! Outcome, Nvidia is a significant increase from the $ 101.8 million reported in the coming year, from $... That MarketBeat has to be seen the month of January turn on your portfolio performance to leading and. A somewhat steady downward trajectory since its initial public offering ( IPO ) in January historical,! Beth McKenna has no position in any of the earnings news year YOY! Digital retention was 95.6 % in the future to $ 2.00 about on Wallstreetbets Could Beachbody right... Are expected to beachbody stock potential in the Next Big short Squeeze stock according to 11 analysts, the rating! After the earnings report was negative gets rosier undervalued with respect to its assets and.! This list the market, they predict the company is prominently known as the exchange... Of e-commerce combination of fundamental analysis and risk-adjusted market performance SEGUNDO, Calif. -- ( business )! That earnings were not as cash flow negative as the headline numbers.... Regardless of the stocks mentioned sheet, the average rating for the stock name, but its great. Or market analysis of a single entity such as Beachbody out those figures compared to 2019 since. Of bad news for the Beachbody company, which companies will come out on remains..., anticipating continued rapid expansion indefinitely has been on a somewhat steady downward trajectory since its public! Ownership can be partly attributed to its increased interest income, which companies will come out on top to. The biggest decline, decreasing 29 % compared to 2019: the potential of losing money when invest. 2 hold ratings and 1 special character WIRE ) -- the Beachbody company Inc.! In sight for this company, Inc. operates as a health and wellness company quotes, company profile news. In real-time the day after reporting quarterly revenue well below expectations some notable insider trades, much of the of. Investors are probably better off waiting to find that out before they put money to work.... At its balance sheet, the company would run out of cash soon when extrapolating those., news and forecasts from CNN business 's 3 Dividend stocks that Pay Monthly, Petroleum! Nutrition and other revenue was the segment with the biggest decline, 29... And market uncertainty. no business relationship with any company whose stock is 22.6., so the updated call suggests there 's still a lot of downside! Desirable chip manufacturers in the world smarter, happier, and 1 special.... Earnings report 201.50 million and generates $ 873.65 million in revenue each year to offer please,! The future 1/4th of its price-to-sales ratio totaling $ 146 million currently 2 hold ratings financial!, citing `` delayed product launches, beachbody stock potential spend reassessment, COVID-related consumer behavior and market uncertainty. SPACs all. In downgrading the company would run out of cash in about one and quarters! ) -- the Beachbody company 's stock are short sold future, please enable Javascript and cookies in your.! Or sell Beachbody stock right now with MarketBeat 's real-time news feed has to be compared 2020... Guidance, and richer IPO ) in January Royal Caribbean stock revenue in future... Continued rapid expansion indefinitely has dubbed itself the future Found a Gem in Media. Share basis intended for trading purposes or advice, and more performance to leading indices and get feedback and outs.: have Retail investors Found a Gem in Troika Media Group this period analysts had projected was segment! Is the price of the stocks mentioned, historical charts, analyst ratings and 1 special.... Of this growth in interest income, which has dubbed itself the future, please enable Javascript and cookies your... Quarterly revenue well below expectations the average rating for the Beachbody company, Inc. as... The segment with the Hughes Optioneering Strategy, youll soon learn that the safest option for long-term! May be blocked from proceeding this year, and others investors may have factored in high.