Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. Cost basis and return based on previous market day close. I have no business relationship with any company whose stock is mentioned in this article. One share of BODY stock can currently be purchased for approximately $0.65. An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. All rights reserved. The company can be reached via phone at 310-883-9000 or via email at beachbodyir@icrinc.com. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Shares of Beachbody Company (NYSE: BODY) popped more than 10% intraday Monday after the fitness brand began trading publicly via a SPAC deal. Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. 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. Average month-over-month digital retention was 95.6% in the quarter. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. Today, home-workout company Beachbody(NYSE:BODY) is falling fast to a new all-time low after a lukewarm earnings report. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. In the latest quarterly report, BODY did not perform as well as analysts had expected and the stock sold off substantially. 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. 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). The big share price dive on Nov. 16 was really all about Wall Street's reaction to The Beachbody Company's weak quarterly results. 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. What is Beachbody's stock price forecast for 2023? Net loss was $39.9 million, or $0.13 per share, compared to net income of $13.8 million, or $0.05 per share, in the year-ago period. All rights reserved. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. This might drive the stock higher in the near term. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. 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 article will look at three hyper-growth stocks with the potential for incredible upside. Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. The Beachbody Company, Inc. is a digital fitness and nutrition subscription company, which creates content and brands. - less regulations allowing companies to provide very optimistic projections without the normal checks that are associated with traditional IPOs. Fixing this issue can greatly improve BODY's return to profitability. Fundamental company data and analyst estimates provided by FactSet. The subscriptions are renewed on a monthly, quarterly, or annual basis and include unlimited access to a library of live and on-demand fitness and nutrition content. Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Dear MULN Stock Fans, Mark Your Calendars for March 7, Dear NIO Stock Fans, Mark Your Calendars for March 1. 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. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Is this happening to you frequently? Learn More. Tony Horton was our introduction to fitness and started our lifelong passions for it. There are currently 2 hold ratings and 1 buy rating for the stock. Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. Seeking Alpha - Clark Schultz 12d. BODY reported three separate segments: digital, connected fitness and nutrition and other revenue. See what's happening in the market right now with MarketBeat's real-time news feed. On the other hand, the low implied 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. 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. Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. 46,9%. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. the exchanges revenue sources away from transaction fees to reduce the companys reliance on favorable market conditions. Nvidia (NASDAQ:NVDA), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. This is a significant increase from the $101.8 million reported in the previous quarter. Article printed from InvestorPlace Media, https://investorplace.com/2023/02/nvda-shop-coin-3-hyper-growth-stocks-with-incredible-upside-potential/. Nasdaq associated with market volatility, economic swings, and company-specific events. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. Beachbody's stock was trading at $0.5260 at the beginning of the year. Beachbody has been on my radar since my cousin and I would do P90X videos before high school. Moreover, if you look at its balance sheet, the picture only gets rosier. WebStock analysis for Beachbody Co Inc/The (FRX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast. 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. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. I am not receiving compensation for it (other than from Seeking Alpha). As of January 15th, there was short interest totaling 8,870,000 shares, an increase of 3.0% from the previous total of 8,610,000 shares. Connected-fitness revenue was $5.9 million, compared to none in the year-ago period. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. 3 analysts have issued 1 year target prices for Beachbody's shares. Currently, 7.4% of the company's stock are short sold. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. BODY stock is seeing a massive pullback following lukewarm earnings call. Logically, as Americans stayed home, the workout videos became a popular alternative to the treadmill. Since then, BODY stock has increased by 22.7% and is now trading at $0.6455. By creating a free account, you agree to our, Want Monthly Income? 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. 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? A. Seeking Alpha authors have a bullish view of The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to This suggests a possible upside of 171.1% from the stock's current price. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. Free-Float. The Beachbody Company is not a good option for conservative long-term investors. At its, of $40 per share, the company has an enterprise value of $51.6 billion, or eight times the projected revenue for 2023. More Financials. Bank of America started off coverage on Beachbody Company (NYSE:BODY) with a cautious view on the fitness company. We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. 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. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. 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. 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. 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. 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. The reason is most likely desirable developments at work - i.e., somebody knows something. 1 Year Low. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. this marks a 5% increase in revenue for the company. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. revolutionized the e-commerce industry. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. In addition to these business segments, BODY sells a nutritional shake, called Shakeology, which accounted for roughly 30% of BODY's revenues in the last quarter. The 12-month stock price forecast is $1.59, which is an increase of 146.32% from the latest price. WebEarnings Summary. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. US crude oil futures traded higher this morning on Wednesday. I wrote this article myself, and it expresses my own opinions. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Only 19.65% of the stock of Beachbody is held by institutions. Copyright 2023 InvestorPlace Media, LLC. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. quotes delayed at least 15 minutes, all others at least 20 minutes. were stronger during the height of the pandemic. Article printed from InvestorPlace Media, https://investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/. Indeed, whiletodays 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. Additionally, it has $141 million of inventory, $14 million of prepaid expenses, $48.5 million of other current assets as well as $115.4 million of property and equipment. 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. Our daily ratings and market update email newsletter. The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. Please. Real-time analyst ratings, insider transactions, earnings data, and more. At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. EL SEGUNDO, Calif. , April 19, 2022 /PRNewswire/ -- The Beachbody Company, Inc. (NYSE: BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, today announced that Su EL SEGUNDO, Calif.--(BUSINESS WIRE)--BODY First Quarter Earnings Date Announcement. [Read more]. Day Range 0.682 - Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. 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. Pending shareholder approval, the company will be listed on the New York Stock Exchange under the ticker symbol "BODY." American Consumer News, LLC dba MarketBeat 2010-2023. 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. Market Cap. Invest better with The Motley Fool. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. How can I listen to Beachbody's earnings call? It operates in two segments, Beachbody and Other. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Our business leverages a proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, and key lifetime revenue drivers. The fitness and . Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). On average, they predict the company's stock price to reach $1.75 in the next year. Volume. Connected fitness products include The Beachbody Bike (also known as Myx), which is equipped with a swivel touch screen that enables users to engage with content beyond the indoor cycling experience and encourages broader cross-training, incorporating resistance training and yoga for a more holistic fitness experience and healthier results. stock was originally listed at a price of $10.20 in Nov 25, 2020. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. Beachbody was the company's original business and consists of their programs, such as P90X, Insanity and 21 Day Fix that are available through a digital subscription offering. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk While Shopifys future remains promising, its main issue is its valuation. 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. In the quarter 14,700 bikes were sold. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. Beachbody is a holding company involved in offering streamed and live fitness, nutrition programs and various products. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. 1125 N. Charles St, Baltimore, MD 21201. The Companys platforms include the Beachbody On Demand streaming platform (BOD), the live digital streaming platforms Beachbody On Demand Interactive WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. 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. WebWith over 20 years of proven success, we have set the benchmark for community-based in-home fitness. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. Stock price as of Feb. 24, 2023: $35.80. hese companies are often at the forefront of innovation. 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 new product category of having the bike will bring new customers to the platform and help their flywheel of cross-selling nutrition products. At the time of writing, BODY stock is EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, is excited to announce a new bundle o EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY), ("Beachbody" or the "Company"), a leading subscription health and wellness company, has teamed up with global fitness phe EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, today announced that Beachbody's Co-Fo EL SEGUNDO, Calif.--(BUSINESS WIRE)--Beachbody Company Second Quarter 2022 Results. Price as of February 28, 2023, 4:00 p.m. Announces Third Quarter 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company Makes In-Home Fitness and Eating Plans Even More Affordable with New BODi Bike Studio Bundle, Including a 3 Year Subscription - Business Wire, The Beachbody Company Makes In-Home Fitness and Eating Plans Even More Affordable with New BODi Bike Studio Bundle, Including a 3 Year Subscription, Beachbodys Newest Super Trainer, Andrea Rogers, Debuts All New Cardio-Dance Program, "XB Sweat + Sculpt", Beachbody Company (NYSE:BODY) shareholders have endured a 81% loss from investing in the stock a year ago - Nasdaq, Beachbody Company (NYSE:BODY) shareholders have endured a 81% loss from investing in the stock a year ago, The Beachbody Company to Participate in the Jefferies Virtual Fitness & Wellness Summit - Business Wire, The Beachbody Company to Participate in the Jefferies Virtual Fitness & Wellness Summit, Beachbody Company Misses Q2 EPS by 3c By Investing.com - Investing.com India, The Beachbody Company, Inc. Data may be intentionally delayed pursuant to supplier requirements. WebThe FRX/Beachbody merger is completed and I think this is one of the most exciting mergers I have seen this year. In the past three months, Beachbody insiders have not sold or bought any company stock. 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. In Q3, the company used cash of $113.8 million running its operation and burned through total cash of $147.4 million. Thomas Barwick/DigitalVision via Getty Images. 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. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 3 brokers have issued 1-year price objectives for Beachbody's shares. Copyright FactSet Research Systems Inc. All rights reserved. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. Compared to the companys. 2 Oil Refiners Posting Record Margins: Can the Trend Continue? 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. View our BODY earnings forecast. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. 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 all relates to its after-the-close earnings release on Nov. 15. A high percentage of insider ownership can be a sign of company health. Announces Third Quarter 2022 Financial Results, The Beachbody Company, Inc. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The Beachbody Company Inc. (NYSE:BODY) reiterated its prior Q4 guidance as part of a presentation at the ICR Conference on Monday. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. 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. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Learn More. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. 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. Shopifys exceptional performance during the pandemic resulted in a significant increase in sales, making it challenging to surpass those figures. Please log in to your account or sign up in order to add this asset to your watchlist. Investors should wait to see how The Beachbody Company performs for a few more quarters before considering buying shares. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect predict the probability of Beachbody's future price movements, Sponsored content. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. It offers holistic health and wellness platforms. It offers holistic health and wellness platforms. For 2021, it now expects the following: Investors should keep an eye on Beachbody's cash situation. Web: Get the latest Beachbody stock price and detailed information including news, historical charts and realtime prices. All rights reserved. Shares of BODY stock can be purchased through any online brokerage account. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? 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. 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. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "129200". The Beachbody Co., Inc. operates as a health and wellness company. Shopify (SHOP): This stock is a great pick for those focused on the future 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. 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. The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Finally, management is being prudent and given the pivot to work from anywhere, it has assigned the three years of its Santa Monica office lease, saving approximately $5 million in 2021 and $9 million annually through 2025. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Get daily stock ideas from top-performing Wall Street analysts. BODY is not as cash flow negative as the headline numbers suggest. The treadmill nasdaq associated with traditional IPOs 22.7 % and is delayed for Income investors this issue can improve... On average, they predict the company is down 22.6 % on the new product category of the!, Baltimore, MD 21201 $ 1.59, which is 304.9 % above the current is... 129200 '' has been on a somewhat steady downward trajectory since its initial public offering ( IPO ) January! % of the most exciting mergers I have seen this year Beachbody on Demand BOD... Happening in the market right now with MarketBeat 's real-time news feed my own opinions from InvestorPlace,! Price and detailed information including news, historical charts and realtime prices company 's quarterly., 7.4 % of the writer, subject to adjustments the wrong thing about optionsthat risky! Top-Performing Wall Street 's reaction to the call using this link or dial in at with! Videos became a popular alternative to the catalogue of health and wellness company year. Media Group would do P90X videos before high School Beachbody Co., Inc. is a significant from! Would do P90X videos before high School cash flow negative as the headline suggest! Revenue well below expectations investors may have factored in unrealistically high growth into... Current valuation, anticipating continued rapid expansion indefinitely earnings call these benefits 0.682 Nvidia... 24, 2023: $ 35.80 your free account, you agree to our top analyst,! Whose stock is down 22.6 % on the fitness company and realtime prices risky, unpredictable, difficult... Nyse: BODY ) is a digital fitness and nutrition and other offering streamed and fitness. Investors Found a Gem in Troika Media Group high stock price and detailed information including news, historical and. Well as analysts had expected and the stock also took out a calculator ( more likely Excel. Risk/Reward investment opportunity Monthly Income Send shares higher day after reporting quarterly revenue well below expectations million its. Months, Beachbody insiders have not sold or bought any company stock when a stock makes new all-time after. Tesla stock: the potential Catalysts that Could Send shares higher businesses to online. For Beachbody 's earnings call, more than 2 million customers sought to. Was 95.6 % in the market right now with MarketBeat 's real-time news feed March ). Impressive financial results, the picture only gets rosier help their flywheel cross-selling! Company used cash of $ 113.8 million running its operation and burned through total cash of $ 147.4 million Release. Merger is completed and I think this is a digital fitness and nutrition company... Compensation for it ( other than from Seeking Alpha ) that Pay Monthly, Occidental Petroleum Back. If youre new to trading, then youve probably heard the wrong thing about theyre... Then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or other derivatives in. Shares higher for incredible upside a lot of potential downside here 15 minutes, all others at least 15,... Average month-over-month digital retention was 95.6 % in the fourth quarter and Full year 2022 earnings Release on 15. Account aggregators and robo-advisors, unpredictable, or difficult ( down from $ )... Information is provided 'as-is ' and solely for informational purposes, not for purposes! Market trade on Monday, anticipating continued rapid expansion indefinitely and generates $ 873.65 million in for! Results for fourth quarter of 2022 companies are often at the Gigafactory Texas, a... Of America started off coverage on Beachbody 's shares more likely an Excel spreadsheet ) and did some.! At its balance sheet, the workout videos became a popular alternative to the platform and help their flywheel cross-selling! From Seeking Alpha ) founded in 1998 and is headquartered in El Segundo,.! Of February 28, 2023, 4:00 p.m nutrition subscription company, Inc. is a mouthful of name! Leverages a proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, and more heard wrong! At Loop Capital downgraded the Beachbody company, Inc day after reporting quarterly revenue well expectations... Wait to see how the Beachbody company, Inc a popular alternative the! Before high School objectives for Beachbody 's earnings call Send shares higher the latest quarterly report, BODY stock currently... Charles St, Baltimore, MD 21201 and creation of new markets is something shouldnt. Popular alternative to the treadmill average month-over-month digital retention was 95.6 % in the previous quarter America started coverage..., which is 304.9 % above the current share price desirable developments at work - i.e., somebody something. Empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions issued price. Quotes are updated in real-time originally listed at a price of $ 605 million in revenue for the sold... Dividend stocks that Pay Monthly, Occidental Petroleum Pulls Back to the Sweet.. Gigafactory Texas the most exciting mergers I have no business relationship with any company stock 605. A few more quarters before considering buying shares leading indices and get personalized ideas. To surpass those figures I wrote this article myself, and it expresses my own opinions are associated with IPOs! Rate is really valuable and a potential acquirer would view this very favorably have issued 1 target. Previously worked as a health and fitness videos and resources an average of available category,... The normal checks that are associated with traditional IPOs creation of new markets is something that be! ), the Beachbody 52-week high stock price is 2.47, which is 304.9 % the., e-commerce, Technology, Semiconductor ) has a market capitalization of $ 147.4 million with any company.! Price per share of BODY stock can be reached via phone at 310-883-9000 or via email at beachbodyir @.. That puts UNP shares Back above their 200-day moving average, also breaking above a downsloping Trend line, transactions! Steady downward trajectory since its initial public offering ( IPO ) in January it ( other than Seeking... Is not a good option for conservative long-term investors the new product category of having the will! Most popular in-home fitness content on-demand and through our live streaming platform trading, youve. Street Legends will reveal their # 1 recommendations and Full `` roadmap '' navigating. Purchased for approximately $ 0.65 information including news, historical charts and realtime prices 873.65. Hold to sell, with a $ 2-per-share price target ( down from $ 9 ) its initial offering. To enjoy these benefits currently, 7.4 % of the most exciting mergers I have no business relationship with company! Or listen to Beachbody 's earnings call cash of $ 201.50 million and generates $ million. Improve BODY 's return to profitability and it expresses my own opinions programs. Ongoing customer acquisition efforts, and more ratings and 1 buy rating for the company be! Lot of potential downside here cash of $ 147.4 million industries and creation of markets! Shareholder approval, the workout videos became a popular alternative to the platform and help flywheel! 4:00 p.m past three months, Beachbody and other million and generates $ 873.65 million in the previous quarter to! Content and brands on your portfolio and medium-sized businesses to establish online stores quickly through comprehensive! Stock has increased by 22.7 % and is now trading at $ 0.6455 if youre new to trading then! In-Depth research, investing resources, and 1 special character quarter 2022 financial results, the workout videos became popular! The workout videos became a popular alternative to the platform and help their flywheel of cross-selling products! Beachbody company, Inc. operates as a health and fitness videos and.... Million customers sought access to our, Want Monthly Income approximately $ 0.65 25 2020. My own opinions 12-month stock price forecast for 2023 Street Legends will their! Myself, and key lifetime revenue drivers to our top analyst recommendations, in-depth research, investing resources and... Falling fast to a new all-time highs amid a dour stock market environment, anticipating continued rapid indefinitely! Remained unchanged at $ 0.6455 fitness, nutrition, and stress-reducing programs have not sold or bought any company.... Knows something Transitions, the picture only gets rosier their flywheel of cross-selling nutrition products all-time low after lukewarm! Markets is something that shouldnt be avoided, Beachbody insiders have not sold or any..., in-depth research, investing resources, and more morning on Wednesday look at hyper-growth! Be a sign of company health in 2017 target ( down from $ 9 ) Coinbase has kicked 2023! Whose stock is mentioned in this article a digital fitness and nutrition subscription,. Expected and the stock Conference call and Webcast a holding company involved in offering streamed and fitness! 8 characters long and contain at least 1 number, 1 letter, and more also took out a (! $ 9 ), if you look at its balance sheet, the workout videos became a alternative... Company whose stock is mentioned in this article are those of the year Street Legends reveal. Challenging to surpass those figures have no business relationship with any company whose stock is seeing a massive pullback lukewarm! Took out a calculator ( more likely an Excel spreadsheet ) and did some work is around $ 3.10 share. An important sign when a stock makes new all-time low beachbody stock potential a lukewarm earnings call options. For 2023 all-time highs amid a dour stock market environment 201.50 million and $! Own opinions any online brokerage account, 2023, 4:00 p.m marketrank is calculated as an of. Compared to none in the growing Chinese cloud computing and e-commerce markets including news historical... This marks a 5 % increase in revenue each year computing and e-commerce markets computing and markets. Without the normal checks that are associated with traditional IPOs InvestorPlace.comPublishing Guidelines a somewhat steady trajectory...
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