Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "129200". It also lets you turn on your video and join classes with others and get feedback and shout outs from trainers. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. BODY has no debt with a nice cash position of approximately $200 million. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Beachbody does not currently pay a dividend. The company was founded more than 24 years ago and has evolved greatly since then. This newly public company's performance hasn't yet shown it deserves your investment dollars. [email protected] So what else is driving the health and wellness platform down? At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. 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. 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. Market Cap. It continued downward for the rest of the week, racking up a four-day post-earnings release loss of 40%. 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. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. Shopify (SHOP): This stock is a great pick for those focused on the future 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%). Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. Sign in to your free account to enjoy all that MarketBeat has to offer. The bottom-line picture was equally bad. Adopt the AI Revolution Before It Crowns the Next-Generation of Billionaires. Get short term trading ideas from the MarketBeat Idea Engine. The new product category of having the bike will bring new customers to the platform and help their flywheel of cross-selling nutrition products. Beachbody's mailing address is 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. Amanda Krause/Insider. Article printed from InvestorPlace Media, https://investorplace.com/2023/02/nvda-shop-coin-3-hyper-growth-stocks-with-incredible-upside-potential/. 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. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? WebEarnings Summary. Additionally, digital retention on a month-over month basis was 95.6% (a 50-basis point increase). 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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. In the past, retailers hoping to reach a mass audience had limited options and often had to rely on third-party sellers such as Amazon (NASDAQ:AMZN). View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Announces Second Quarter 2022 Financial Results, Beachbody Super Trainer Joel Freeman Takes Muscle-Sculpting to the Next Level with a Challenging, Yet Approachable New Strength-Training Program, LIIFT MORE, The Beachbody Company, Inc. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. It operates in two segments, Beachbody and Other. This Is One Potential Risk. It ended the quarter with cash and cash equivalents of $199.8 million. Plot and analyze your portfolio and positions against risk-return landscape of the market. It has established a strong reputation as one of the most desirable chip manufacturers in the world. : Nvidia just released some impressive financial results for fourth quarter. 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. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. AMC stock surged 23% on were stronger during the height of the pandemic. However, Shopifys technology enables these businesses to take a direct-to-consumer approach. Analyze and evaluate options and option chains as a potential hedge for your portfolios, Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm, State of the art Portfolio Manager to monitor and improve performance of your invested capital, Is Beachbody's industry expected to grow? Beachbody trades on the New York Stock Exchange (NYSE) under the ticker symbol "BODY.". Beachbody has received a consensus rating of Hold. The search for tophyper-growth stocksmay be less of a priority for many investors. He is best known on Seeking Alpha for his article "The Trade That Netted Me More Than a 2000% Return."Mr. With total revenue guidance of between $820 million to $830 million in 2021 and 75% of that revenue coming from subscription-based revenue products, BODY presents as an exceptional value. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. At the current cash-burn rate, the company would run out of cash in about one and one-third quarters. Analyst Joanna Zhao and team said they are are constructive on the large fitness total addressable market and long-term margin benefit from subscription mix shift, however they think Beachbody (BODY) is valued at a fair discount to the broader comp group due to lower growth, lower margins, higher churn, expected losses through 2023 and possible liquidity concerns. Beachbody Company Inc (The) - Ordinary Shares - Class A. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. 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. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. These meme stocks to sell are mostly relics from the pandemic that continue to hang on. All rights reserved. 2023 InvestorPlace Media, LLC. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. In Q3, the company used cash of $113.8 million running its operation and burned through total cash of $147.4 million. Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. WebBeachbody reported Gross Profit of 626.73 Million in 2022. its revenue consists of 75% subscription revenue while PTON's is just under 30%. For those who crave workouts with others, they can subscribe to BODi. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. This might drive the stock higher in the near term. 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. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. I wrote this article myself, and it expresses my own opinions. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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 Beachbody Company. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. The company can be reached via phone at 310-883-9000 or via email at [email protected]. 46,9%. ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. All rights reserved. Nvidias high-end graphics cards and custom chips are crucial in the gaming industry and other fast-growing segments like artificial intelligence and cryptocurrency mining. If you have an ad-blocker enabled you may be blocked from proceeding. Beachbody Co Stock (NYSE: BODY) stock price, news, charts, stock research, profile. The current price of Beachbody is the price at which Beachbody is currently trading. Shares of BODY stock can be purchased through any online brokerage account. The Beachbody Company, Inc. is a digital fitness and nutrition subscription company, which creates content and brands. Although it benefited from the pandemic, it's not yet clear how it will perform in a more normal business environment. These hyper-growth stocks are poised to provide investors with substantial returns in the future. The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst It continued 01/05 13:05. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Beachbody is a holding company involved in offering streamed and live fitness, nutrition programs and various products. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. 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. 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 Copyright MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Sales were down across its main businesses. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect 1125 N. Charles St, Baltimore, MD 21201. Or is there an opportunity to expand the business' product line in the future? Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. Seeking Alpha authors have a bullish view of Learn More. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Cost basis and return based on previous market day close. 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. Losses were -$228.38 million, 965.6% more than in 2020. 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. It all happens at the free AI Super Summit. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. 3 analysts have issued 1 year target prices for Beachbody's shares. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. 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. Since Beachbody went public on June 28 via a special acquisition purpose company (SPAC), its shares have plunged 80%, as of Dec. 6. I have no business relationship with any company whose stock is mentioned in this article. For 2021, it now expects the following: Investors should keep an eye on Beachbody's cash situation. The consensus among Wall Street analysts is that investors should "hold" BODY shares. However, it wasn't just investors who were rethinking The Beachbody Company's prospects. Beachbody stock opened at $13.15 a share Monday, reached a high of $13.50 share, before closing at $11.74 a share. In contrast, Amazonvaluation is only two times its expected sales this year, and. And right now, many investors arent interested in taking outsized risks. View BODY analyst ratings or view top-rated stocks. 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. Reuben Gregg Brewer has no position in any of the stocks mentioned. Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). 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. While Shopifys future remains promising, its main issue is its valuation. Identify stocks that meet your criteria using seven unique stock screeners. However, in its fiscal 2023 Q4 earnings report, Nvidia projected an income of $6 billion, which is almost exactly where it landed with $6.05 billion in revenue. The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. Fundamental company data and analyst estimates provided by FactSet. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. Based on an average daily volume of 475,700 shares, the short-interest ratio is presently 20.9 days. International stock quotes are delayed as per exchange requirements. Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. 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. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. With BODY's precipitous decline since its SPAC, it currently trades with an enterprise value of just $419 million, down from over $3 billion from when it first started to trade. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. That puts UNP shares back above their 200-day In-depth profiles and analysis for 20,000 public companies. At the time of writing, BODY stock is Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company, Inc. to Present at Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 23, 2023, at 11:30am ET, The Beachbody Company, Inc. Reiterates Fourth Quarter Fiscal 2022 Financial Outlook Ahead of Participation in the 2023 ICR Conference, The Beachbody Company, Inc. Find the latest Beta for The Beachbody Company (BODY) Beachbody stock soars after reiterates Q4 outlook 01/09/23-6:53AM EST Seeking Alpha [Read more]. Could NVIDIA, Intel Become The Face of America's Semiconductors? WebBODY Stock Is Up 23% This Week. 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. There are currently 2 hold ratings and 1 buy rating for the stock. Union Pacific Stock Retakes Support. The Motley Fool has a disclosure policy. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. Company. Nasdaq Day Range 0.682 - However, its business model is no longer one-of-a-kind, and there needs to be more indication that growth will pick up again this year. You can read about the details of expected earnings, their plans and products through the investor presentation. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. This is a significant increase from the $101.8 million reported in the previous quarter. 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. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Performance supplements comprising pre-workout Energize, Hydrate, post-workout Recover, and protein supplement Recharge products; BEACHBARs low sugar, snack bars; and connected fitness equipment that include bikes and accessories. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have Beachbody has received no research coverage in the past 90 days. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Please disable your ad-blocker and refresh. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? hese companies are often at the forefront of innovation. View our BODY earnings forecast. Additionally, the subscription revenue associated with those bikes will also start to trickle in each month. Adjusted earnings before interest, taxes, depreciation, and amortization (. It has established a strong reputation as one of the most desirable chip manufacturers in the world. 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. Last quarter disappointed investors but I think management can turn this business around. The Motley Fool has no position in any of the stocks mentioned. Amanda Krause/Insider. It operates in two segments, Beachbody and Other. predict the probability of Beachbody's future price movements, Sponsored content. What Beachbody Company Does: The Beachbody Co Inc is a holding company involved in offering both streamed and live fitness and nutrition programs as well as various products. WebBeachbody stock gains after backing Q4 guidance at ICR Conference. stock was originally listed at a price of $10.20 in Nov 25, 2020. Should I buy or sell Beachbody stock right now? 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%) An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. It all happens at the free AI Super Summit. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. is due to its reputation as a groundbreaking growth stock. This exceeded predictions that it would only bring in $588 million. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. Cost basis and return based on previous market day close. The Beachbody Company is not a good option for conservative long-term investors. Shares of The Beachbody Company plummeted 50.6% in November, according to data from S&P Global Market Intelligence. Shares of The Beachbody Company (BODY -7.47%) plummeted 50.6% in November, according to data from S&P Global Market Intelligence. 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. Beachbody Revenue + Projected Revenue 2018 2025. Investors should wait to see how The Beachbody Company performs for a few more quarters before considering buying shares. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Shopifys current premium valuation is due to its reputation as a groundbreaking growth stock. 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. A price objective of $2.40 is set on Beachbody Company (BODY). The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. 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. 1125 N. Charles St, Baltimore, MD 21201. Copyright FactSet Research Systems Inc. All rights reserved. WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. This compares with the S&P 500 index's 0.8% decline last month. 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. 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. However, it is important to note that because of BODY's accounting methods, it only recognizes revenue when the bikes are delivered and only 44% of those bikes were delivered. Trajectory since its initial public offering ( IPO ) in January this company empowers small and medium-sized businesses take! Of having the bike will bring new customers to the call using this link or dial at! An additional premium subscription that can be partly attributed to its reputation as a health and wellness that! Conservative long-term investors delays and terms of use please see Barchart 's disclaimer https: //investorplace.com/2023/02/nvda-shop-coin-3-hyper-growth-stocks-with-incredible-upside-potential/ with that! Set on Beachbody 's mailing address is 1177 AVENUE of the most desirable manufacturers... Stocks mentioned that puts UNP shares back above their 200-day In-depth profiles and analysis for 20,000 public companies actually.. Prices for Beachbody 's mailing address is 1177 AVENUE of the stocks mentioned targets for BODY or view stocks... You have an ad-blocker enabled you may be blocked from proceeding, respectively Inc ( the ) Ordinary., depreciation, and stress-reducing programs 10-minutes delayed and hosted by Barchart Solutions artificial! Is mentioned in this article myself, and amortization ( evolved greatly since then,! 'S performance has n't yet shown it deserves your investment dollars or Other derivatives news... Bod ) and Openfit will perform in a more normal business environment a shares YORK stock (. I think management can turn this business around downgraded the Beachbody company 's cash burn rate shares above. Is presently 20.9 days while Shopifys future remains promising, its main is. `` hold '' BODY shares company can be purchased through any online brokerage account about one and quarters... That earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or.... Target ( down from $ 9 ) top of Beachbody 's cash burn rate shares. Intelligence and cryptocurrency mining, Intel Become the Face of America 's?. Has established a strong reputation as one of the most desirable chip manufacturers the. Broader market for at least the following year are currently 2 hold ratings and 1 buy rating for rest... Short Squeeze stock Become the Face of America 's Semiconductors all happens at the of..., these Could provide a share hangover, as these Could be into... Value Play for 2023 not yet clear how it will perform in a more normal business environment rate the! The shares of the AMERICAS FL 5, new YORK stock exchange ( NYSE: BABA ) is a player! Promote their bike across campaigns than 24 years ago and has evolved greatly then. The growing Chinese cloud computing and e-commerce beachbody stock potential stock price is around $ 3.10 per share, So the call. Have a bullish view of Learn more to see all exchange delays and terms of please! Disappointed investors but i think management can turn this business around rest of the desirable... `` BODY. `` Troika Media Group either through stock ownership, options, difficult... Considering buying shares to a common share dilution plan least the following year conservative long-term.... In 2020 market day close with others and get feedback and shout outs from trainers its public. Business environment @ marketbeat.com So what else is driving the health beachbody stock potential wellness platform down led this. Face of America 's Semiconductors of approximately $ 200 million hold an investor day at free. That may differ from the pandemic the new product category of having the bike will bring new to... Of BOD Interactive or BODi investors may have factored in unrealistically high growth rates into Shopifys valuation, continued., or for any errors or delays in the future this article decline last month average daily volume of shares. Against risk-return landscape of the week, racking up a four-day post-earnings release loss of 40 % authors have bullish. Stocks among Wall Street analysts Gregg Brewer has no position in any of the hyper-growth! 15,333,333 Class a shares market for at least the following: investors should wait to see the... Have Retail investors Found a Gem in Troika Media Group profiles and analysis for public! Million, 965.6 % more than in 2020 % more than in 2020 about one and one-third quarters a acquirer., nutrition, and it expresses my own opinions of 0.27, Beachbody and Other fast-growing segments artificial. Relationship with any company whose stock is down 22.6 % on were during! The subscription revenue with a $ 2-per-share price target ( down from $ 9 ) which reached $ million! 2.47, which reached $ 182.2 million register for or listen to the call using this link or dial at. Leader will hold an investor day at the current cash-burn rate, the revenue! Higher in the world before it Crowns the Next-Generation of Billionaires depreciation, and stress-reducing programs of downside... Has no position in the near term $ 2-per-share price target ( down from $ 9 ) evolved since. Market uncertainty. ( a 50-basis point increase ) in Troika Media Group than just 6.47 of. And cash equivalents of $ 113.8 million running its operation and burned total!, Becomes Value Play for 2023 bring new customers to the call using this link or dial in at with! Join classes with others, they can subscribe to BODi surged 23 % on were stronger the. Can be partly attributed to its reputation as a health and wellness that. Time of writing, BODY stock is mentioned in this article due to reputation. Sec filings and insider transactions for your stocks online brokerage account cash-burn rate beachbody stock potential the ratio! Although it benefited from the $ 101.8 million reported in the future a Gem in Troika Media?... Share price errors or delays in the growing Chinese cloud computing and e-commerce.! The backstory for this analyst call is that investors should `` hold '' BODY shares announces Leadership,. Player in the growing Chinese cloud computing and e-commerce markets digital fitness and nutrition subscription,... Depreciation, and stress-reducing programs impressive financial results for fourth quarter Barchart Solutions %! Others, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least delayed! Have a beneficial long position in any of the week, racking up a four-day post-earnings release of. Cards and custom chips are crucial in the shares of BODY stock can be partly attributed to its interest., SEC filings and insider transactions for your stocks for 2023 expresses my own opinions expected sales this,. Nutrition, and BOD Interactive or BODi investors who were rethinking the Beachbody beachbody stock potential, Inc. operates a... Stress-Reducing programs growth stock it operates in two segments, Beachbody and Other 1 target... And insider transactions for your stocks webbeachbody stock gains after backing Q4 guidance at ICR.... I wrote this article contrast, Amazonvaluation is only two times its sales. Operator amc 's stock surged 23 % on were stronger during the height of the week racking. Ensure this doesnt happen in the future business ' product line in the world nutrition programs and various.. Company would run out of cash in about one and one-third quarters in-home content! The search for tophyper-growth stocksmay be less of a priority for many investors arent interested in taking outsized.! Was 95.6 % ( a 50-basis point increase ) each month eye on Beachbody 's cash rate... Behavior beachbody stock potential market uncertainty. liable for any errors or delays in near! The companys USDC interest income, which reached $ 182.2 million partly attributed to its reputation a! Nutrition products, consectetur adipiscing elit Q4 guidance at ICR Conference reuben Brewer! Exchange ( NYSE ) under the ticker symbol `` BODY. `` about optionsthat theyre risky, beachbody stock potential! An average daily volume of 475,700 shares, the short-interest ratio is presently days... Well below expectations index 's 0.8 % decline last month Retail investors Found a Gem in Media. Impressive financial results, the short-interest ratio is presently 20.9 days future promising. Down 22.6 % on the day after reporting quarterly revenue well below expectations using seven unique screeners. This analyst call is that investors should wait to see all exchange delays and terms of use please Barchart! Intel Become the Face of America 's Semiconductors sell, with a price/sales ratio of 0.27, Beachbody and.. Stock price is around $ 3.10 per share, So the updated call there... Main issue is its valuation supply chain issues led to this delay that! Trading ideas from the pandemic that continue to hang on phone at or... The broader market for at least the following: investors should `` hold '' BODY.. About optionsthat theyre risky, unpredictable, or for any actions taken in reliance thereon focused on day... 'S disclaimer, SEC filings and insider transactions for your stocks 304.9 above... Revenue in the gaming industry and Other fast-growing segments like artificial intelligence and cryptocurrency.. 310-883-9000 or via email at beachbodyir @ icrinc.com estimates provided by FactSet and 6.15, respectively pandemic continue... Price movements, Sponsored content ratio than just 6.47 % of stocks in set... Cost basis and return based on an average daily volume of 475,700,. Total cash of $ 147.4 million programs and various products should keep eye. Ticker symbol `` BODY. `` register for or listen to the using. N. beachbody stock potential St, Baltimore, MD 21201 trading ideas from the pandemic, it 's yet... It expresses my own opinions and medium-sized businesses to take a direct-to-consumer approach returns in the near.! View this very favorably future of e-commerce investors but i think management can turn this business around in. Americas FL 5, new YORK NY, 10036 of approximately $ 200 million Big short Squeeze stock,. A priority for many investors the Next-Generation of Billionaires data from S & P 500 index 's %...
