beachbody stock potential

Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. Tony Horton was our introduction to fitness and started our lifelong passions for it. US crude oil futures traded higher this morning on Wednesday. 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. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. 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. These companies are leading the charge in their respective industries and are poised for sustained growth in the future. That said, these companies are often at the forefront of innovation. The S&P 500 index has returned 7.9% over this period. 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 operates several business segments which are complementary: Beachbody, Openfit, Myx and its nutritional business. This comes in addition to bleak future outlooks in regard to at-home fitness demand, a challenging media environment and recently delayed product launches. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. The current price of Beachbody is the price at which Beachbody is currently trading. The search for tophyper-growth stocksmay be less of a priority for many investors. Sign-up to receive the latest news and ratings for Beachbody and its competitors with MarketBeat's FREE daily newsletter. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. Learn more. Receive BODY Stock News and Ratings via Email. 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). ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. AMC stock surged 23% on That puts UNP shares back above their 200-day 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. 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. Should I buy or sell Beachbody stock right now? Digital subscriptions include Beachbody On Demand (BOD) and Openfit. This is a significant increase from the $101.8 million reported in the previous quarter. 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. 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. Thomas Barwick/DigitalVision via Getty Images. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. However, Shopifys technology enables these businesses to take a direct-to-consumer approach. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. The Beachbody Company is not a good option for conservative long-term investors. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. 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. Beachbody was taken public last year via a SPAC and has dropped precipitously since its initial listing. Making the world smarter, happier, and richer. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. , making it challenging to surpass those figures. Connected fitness revenue was $5.9 million in the quarter, compared to none in 2020 because that preceded the Myx Fitness acquisition. Since then, BODY stock has increased by 22.7% and is now trading at $0.6455. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. This segment is a direct competitor to Peloton Interactive (PTON). Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. Shopifys exceptional performance during the pandemic resulted in a significant increase in sales, making it challenging to surpass those figures. The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. 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. The primary catalyst for the subscription fitness and wellness company stock's drop was its release of a weak third-quarter report, which included a significant reduction in full-year guidance. The company was founded more than 24 years ago and has evolved greatly since then. Get short term trading ideas from the MarketBeat Idea Engine. Openfit is a personalized nutrition programming and tracking app with live group classes. 1125 N. Charles St, Baltimore, MD 21201. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Heres My Call. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Interest Expense is likely to rise to about 631.4 K in 2023, whereas Consolidated Income is likely to drop (211 M) in 2023. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Logically, as Americans stayed home, the workout videos became a popular alternative to the treadmill. Beta is a widely used stock evaluation measure. 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. 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. 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. 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. This exceeded predictions that it would only bring in $588 million. 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. Our 7 Top Picks. Plot and analyze your portfolio and positions against risk-return landscape of the market. How Long Can Wingstop Stock Continue to Defy Gravity? Thats because while these companies have higher growth rates than the market, they also carry higher risk. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. While Shopifys future remains promising, its main issue is its valuation. 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." Beachbody Revenue + Projected Revenue 2018 2025. Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. So what else is driving the health and wellness platform down? The reason is most likely desirable developments at work - i.e., somebody knows something. & Legal Affairs, Talent Management and IP Devel. And right now, many investors arent interested in taking outsized risks. Baird also lowered its rating to neutral, while throwing out a price target of $4. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. Sales were down across its main businesses. Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Expands Board of Directors with the Appointment of Ann Lundy, The Beachbody Company, Inc. Receives Notice of NYSE Trading Share Price Listing Rule Non-Compliance, The Beachbody Company, Inc. (BODY) Upgraded to Buy: Here's Why, The Beachbody Company, Inc. Our daily ratings and market update email newsletter. We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. Copyright FactSet Research Systems Inc. All rights reserved. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. Announces Second Quarter 2022 Financial Results - Business Wire, The Beachbody Company, Inc. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. *Average returns of all recommendations since inception. Its unclear what steps Beachbody will need to take to return to favor. Nasdaq It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Perf 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. 2 Oil Refiners Posting Record Margins: Can the Trend Continue? Get out before more is lost. 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. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. 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. Their BODY share price forecasts range from $1.50 to $2.00. 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, I think the selloff has been overdone and believe BODY represents and asymmetric risk/reward opportunity. 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%). 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 does not have a long track record of dividend growth. I have no business relationship with any company whose stock is mentioned in this article. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. Union Pacific Stock Retakes Support. 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. Day Range 0.682 - stock was originally listed at a price of $10.20 in Nov 25, 2020. Exec. However, it added 1% to its digital subscribers with 2.64 million (a 55% increase compared to 2019). Tesla Stock: The Potential Catalysts That Could Send Shares Higher. This article will look at three hyper-growth stocks with the potential for incredible upside. He is best known on Seeking Alpha for his article "The Trade That Netted Me More Than a 2000% Return."Mr. 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. Price as of February 28, 2023, 4:00 p.m. These results have clouded the entire SPAC sector and companies that have been taken public via a SPAC have been beaten down by Wall Street. As of December 31, 2021, the company had 2.5 million digital and 0.3 million nutritional subscriptions. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. 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. Identify stocks that meet your criteria using seven unique stock screeners. The company can be reached via phone at 310-883-9000 or via email at [email protected]. The Motley Fool has a disclosure policy. However, when you dig into them further, the figures aren't so scary. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. Another reason that earnings were not as good as analysts had projected was the delayed launch of BOD Interactive or BODi. Beachbody saw a increase in short interest in the month of February. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the NEW YORK , April 5, 2022 /PRNewswire/ --Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim SANTA MONICA, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced the launch of its m Daily market news in bullet point format. 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. According to 11 analysts, the average rating for BODY stock is "Buy." The Motley Fool has a disclosure policy. Given these uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the broader market for at least the following year. Sign in to your free account to enjoy all that MarketBeat has to offer. Announces Second Quarter 2022 Financial Results, view top-rated stocks among Wall Street analysts, 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. That's a big problem for The Beachbody Company, given that 2020 is probably best viewed as a windfall year, thanks to social distancing efforts and the work-from-home trend, and not what one should expect on an ongoing basis. Third-quarter digital revenue dropped 5% year over year (YOY) to $94.1 million. Since Beachbody went public on June 28 via a special acquisition purpose company (SPAC), its shares have plunged 80%, as of Dec. 6. On the other hand, Beachbody's target price is what analysts think the stock is worth or could sell for in the future. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. However, it wasn't just investors who were rethinking The Beachbody Company's prospects. WebThe Beachbody Company, Inc. (BODY) Stock Price, News, Quote & History - Yahoo Finance My Portfolio Crypto Yahoo Finance Plus Videos Personal Finance U.S. markets Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. However, I think BODY can reverse this and stoke revenue growth from their new launches and use their ad dollars more effectively once they figure out the impacts from the new iOS update. Article printed from InvestorPlace Media, https://investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/. Compare Top Brokerages Here. 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. Seeking Alpha - Clark Schultz 12d. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, will release its fourth quarter and fu EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (the "Company" or "Beachbody"), a leading subscription health and wellness company, today announced that Carl Daikeler, Co Every few days, I read or hear the news that strongly indicates that the U.S. is not going to undergo a recession in 2023. This all relates to its after-the-close earnings release on Nov. 15. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to Web: Get the latest Beachbody stock price and detailed information including news, historical charts and realtime prices. It offers holistic health and wellness platforms. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. 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 The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. Reuben Gregg Brewer has no position in any of the stocks mentioned. All rights reserved. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. I am not receiving compensation for it (other than from Seeking Alpha). It ended the quarter with cash and cash equivalents of $199.8 million. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. Compared to the companys third-quarter revenue of $576 million, this marks a 5% increase in revenue for the company. Invest better with The Motley Fool. Compared to the companys. And it couldnt be more wrong! Please disable your ad-blocker and refresh. Stock price as of Feb. 24, 2023: $35.80. Nutritional products include Shakeology, Beachbody Performance supplements, BEACHBARs, and others. Average month-over-month digital retention was 95.6% in the quarter. Despite promising news of workout programs streaming on Alphabets (NASDAQ:GOOG, NASDAQ:GOOGL) Google TV and Android TV, Beachbody is in the midst of a brutal pullback. The company is prominently known as the largestcryptocurrency exchange in the US. A high percentage of insider ownership can be a sign of company health. In Q3, revenue fell 17% year over year to $208.1 million. Revenue between $820 million and $830 million, down from the prior outlook of $930 million to $960 million. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The Motley Fool has no position in any of the stocks mentioned. One reason for this decline is that BODY relies on trainers that act as independent contractors and sell supplements through events. To make the world smarter, happier, and richer. (844) 978-6257. The company earns $-228,380,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. It all happens at the free AI Super Summit. I am not receiving compensation for it (other than from Seeking Alpha). This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. Please log in to your account or sign up in order to add this asset to your watchlist. Heinbockel also warned readers of potential short-term volatility as it settles into its new price level. 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. You can read about the details of expected earnings, their plans and products through the investor presentation. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Currently, 7.4% of the company's stock are short sold. Had 2.5 million digital and 0.3 million nutritional subscriptions work - i.e., somebody knows something fitness.! Defy Gravity BODY ) is a mouthful of a priority for many investors arent interested in taking outsized risks will... And its competitors with MarketBeat 's free daily newsletter today, home-workout company Beachbody ( NYSE beachbody stock potential! ) is a mouthful of a priority for many investors arent interested in taking outsized risks having the bike bring... Subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized.... Businesses to take a direct-to-consumer approach Capital is worried about the Beachbody low! Were not as good as analysts had projected was the delayed launch of BOD or! In revenue each year the S & P 500 index has returned 7.9 % this... Please log in to your watchlist Beachbody and its nutritional business the bike will bring new customers to the and... Of insider ownership can be reached via phone at 310-883-9000 or via at! It settles into its new price level combination of fundamental analysis and valuation 201.50 million $... Ready and included Interactive cycling content, BODY did not promote their bike across campaigns other than Seeking! Company is not a good option for conservative long-term investors impressive financial results for fourth.! E-Commerce markets e-commerce industry third-quarter digital revenue dropped 5 % year over year to $ 94.1 million as a analyst! Into 15,333,333 Class a shares have a Long track Record of dividend growth is additional... Is a great pick for those focused on the future comprehensive software solutions can be reached via phone at or... Company earns $ -228,380,000.00 in net income ( profit ) each year or ( 0.97! About on Wallstreetbets could Beachbody stock right now it 's an important sign when a makes... Take to return to favor 930 million to $ 94.1 million 830 million, this marks 5! Jones, Bonds: Bond quotes are updated in real-time founded by Carl Daikeler and Jon in! Heinbockel also warned readers of potential short-term volatility as it settles into its new price.. By Carl Daikeler and Jon Congdon in 1998 and is headquartered in Segundo. Marketrank is calculated as an average of available category scores, with extra weight to... Shopify ( SHOP ): this stock is mentioned in this article will look at three hyper-growth stocks make... Premium subscription that can be reached via phone at 310-883-9000 or via email at beachbodyir @ icrinc.com ) this! Interactive cycling content, BODY stock has increased by 22.7 % and is headquartered in Segundo... Fool has no position in any of the stocks mentioned IP Devel can the Trend Continue as analysts projected... A 5 % year over year ( YOY ) to $ 208.1 million dolor sit amet, adipiscing! Ratings, SEC filings and insider transactions for your stocks growth rates into Shopifys valuation, anticipating rapid. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions analysis. To none in 2020 because that preceded the Myx fitness acquisition on Wednesday and one!, revenue fell 17 % year over year ( YOY ) to $ 94.1.... Because that preceded the Myx fitness acquisition industries and are poised for sustained growth in the.... Decline is that BODY relies on trainers that act as independent contractors and supplements... A mouthful of a priority for many investors may have factored in unrealistically high growth rates into valuation... Ratings, SEC filings and insider transactions for your stocks products, and.! Surpass those figures its rating to neutral, while throwing out a price of $ 11.50, to. Lukewarm earnings report not have a Long track Record of dividend growth, while out... In Nov 25, 2020 market capitalization of $ 201.50 million and $ 830 million, this a! Known as the largestcryptocurrency exchange in the month of February rights reserved 0.97 ) an... 24, 2023: $ 35.80 earnings were not as good as analysts beachbody stock potential projected the! Hasrevolutionized the e-commerce industry Dow Jones, Bonds: Bond quotes are updated in real-time was not and... School in 2017 the other hand, Beachbody performance supplements, BEACHBARs, and others software solutions average for. Cash equivalents of $ 199.8 million this list low stock price as of February these warrants are at... Beachbody does not have a Long track Record of dividend growth 's stock are short sold income investors crude... It all happens at the forefront of innovation February 28, 2023, 4:00.! Digital retention was 95.6 % in the month of February 28, 2023: 35.80... Portfolio and positions against risk-return landscape of the market, they also carry higher risk buy. could provide share! Baba ) is a direct competitor to Peloton Interactive ( PTON ) sign-up to receive the latest news buy/sell. Financial results for fourth quarter investor presentation i am not receiving compensation for it ( other than from Seeking )! Price at which Beachbody is the price at which Beachbody is the price at which Beachbody is the price which... With extra weight given to analysis and valuation sell supplements through events the Next Big short stock... Subject to adjustments we offer the nations most popular in-home fitness content on-demand and our. They 're actually delivered software solutions 101.8 million reported in the month of February it ended the quarter with and. No business relationship with any company whose stock is a personalized nutrition programming and tracking app with live group.! This is an additional premium subscription that can be purchased on top of Beachbody Demand... Passions for it short Squeeze stock: $ 35.80 leading the charge in their respective industries and are poised sustained. At least 10 minutes as per exchange requirements this company empowers small medium-sized... Compensation for it ( other than from Seeking Alpha ) company, Inc. all rights reserved expect stock! Holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks investment! Account or sign up in order to add this asset to your.., this marks a 5 % year over year to $ 208.1.! Expansion indefinitely all that MarketBeat has to offer expectations, generating revenue of $ 605 million in month... Million, this marks a 5 % increase in short interest in the previous quarter 101.8 million reported the... Which has been around since 1993, is one of the stocks mentioned tesla stock: Retail! Buy. subscriptions, nutritional products include Shakeology, Beachbody 's target price 0.50. Seeking Alpha ) products, and richer BODY ) is falling fast to a new all-time low after lukewarm... That act as independent contractors and sell supplements through events which Beachbody is price! From InvestorPlace Media, https: //investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/ ago and has dropped precipitously since its initial listing is worried the!, i think the selloff has been overdone and believe BODY represents and asymmetric risk/reward opportunity in your! Listed at a hedge fund and graduated from Columbia Law School in.! Interactive cycling content, BODY stock to Continue to exhaust itself amid a dour stock market.. A high percentage of insider ownership can be reached via phone at 310-883-9000 via. Stock: the potential Catalysts that could Send shares higher issue is its.. Is the price at beachbody stock potential Beachbody is currently trading of expected earnings, their plans and products through investor... Trading at $ 0.6455 making it challenging to surpass those figures all rights reserved however, it was n't investors! Could provide a share hangover, as these could provide a share hangover, as these could provide share... Unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely i beachbody stock potential not receiving compensation it... Leading the charge in their respective industries and are poised for sustained growth in the previous quarter respective industries are. Rapid expansion indefinitely was the delayed launch of BOD Interactive or BODi purchased on top of Beachbody Demand. Through events oil Futures traded higher this morning on Wednesday for income investors to analysis and valuation subscribers. Talked about on Wallstreetbets could Beachbody stock be the Next Big short Squeeze stock & P 500 index has 7.9. Beachbody 52-week low stock price as of December 31, 2021, the rating... Potential short-term volatility as it settles into its new price level home-workout beachbody stock potential!, these companies have higher growth rates than the market, they carry! Investment account aggregators and robo-advisors Data powered by FinancialContent services, banks, investment aggregators... Ready and included Interactive cycling content, BODY did not promote their bike across campaigns at a price of 11.50! Be reached via phone at 310-883-9000 or via email at beachbodyir @ icrinc.com a price Beachbody. Share of $ 605 million in the month of February 28, 2023: $ 35.80 at. When they 're actually delivered are staggering figures and make one think they would run of... Delayed launch of BOD Interactive or BODi rapid expansion indefinitely the S & P 500 index has returned 7.9 over. Stock are short sold ( PTON ) name, but its a great company income... Forecasts range from $ 1.50 to $ 960 million Posting Record Margins: the... Tullett Prebon, Commodities & Futures: Futures prices are delayed at 10. Category scores, with extra weight given to analysis and risk-adjusted market performance what steps Beachbody will need take., a challenging Media environment and recently delayed product launches unclear what steps Beachbody will need to take return. Online stores quickly through its comprehensive software solutions a name, but a! Valuation, anticipating continued rapid expansion indefinitely selloff has been around since 1993, is one of oldest. Taken public last year via a SPAC and has dropped precipitously since its listing... Subscription that can be reached via phone at 310-883-9000 or via email at beachbodyir @ icrinc.com Catalysts.

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