Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. On the liability side, it has current liabilities of $277.67 million, with deferred revenue constituting the largest segment with $127.89 million. The company earns $-228,380,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis. its revenue consists of 75% subscription revenue while PTON's is just under 30%. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Although it benefited from the pandemic, it's not yet clear how it will perform in a more normal business environment. 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). Amanda Krause/Insider. The Beachbody Company, Inc. (BODY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. 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. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. 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. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Notably, Coinbase has, . Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. 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. Beth McKenna has no position in any of the stocks mentioned. Openfit is a personalized nutrition programming and tracking app with live group classes. View BODY analyst ratings or view top-rated stocks. We have developed some of the industrys most innovative and effective fitness solutions. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the The company's product offerings include digital subscriptions, nutritional products, and connected fitness products. Is Target Stock Aiming For A Breakout In 2023? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Seeking Alpha authors have a bullish view of 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. 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. If you have an ad-blocker enabled you may be blocked from proceeding. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. Stock price as of Feb. 24, 2023: $35.80. For those who crave workouts with others, they can subscribe to BODi. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. 2023 Stock Analysis. Because of COVID's impacts, these events have been canceled and this segment has taken a hit as a result. View, Average Directional Movement Index Rating. More Financials. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. 01/05 13:05. Should you hold on to your Caesarstone position? The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Is Lucid (LCID) Stock a Buy? quotes delayed at least 15 minutes, all others at least 20 minutes. 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. Please disable your ad-blocker and refresh. 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. WebThe Beachbody Company, Inc. (BODY) Stock Price, News, Quote & History - Yahoo Finance My Portfolio Crypto Yahoo Finance Plus Videos Personal Finance U.S. markets Housing Market Crash Alert: Mark Your Calendars for Feb. 28. Factors like these will boost. This company is best known as a top producer of advanced microprocessors and hardware 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. 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. Beachbody was taken public last year via a SPAC and has dropped precipitously since its initial listing. 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%) Sign up below to get this incredible offer! The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. 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. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. It continued downward for the rest of the week, racking up a four-day post-earnings release loss of 40%. 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. 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. The big share price dive on Nov. 16 was really all about Wall Street's reaction to The Beachbody Company's weak quarterly results. Its unclear what steps Beachbody will need to take to return to favor. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Heres My Call. Sign in to your free account to enjoy all that MarketBeat has to offer. Beachbody has a P/B Ratio of 0.52. (844) 978-6257. All rights reserved. WebThe FRX/Beachbody merger is completed and I think this is one of the most exciting mergers I have seen this year. 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. *Average returns of all recommendations since inception. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. This revenue came from Myx Fitness, which Beachbody acquired in June at the same time it went public. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Beachbody operates several business segments which are complementary: Beachbody, Openfit, Myx and its nutritional business. It is worth noting that many major companies from Facebook (FB), to Snapchat (SNAP) and PTON noted that Apple's (AAPL) iOS 14.5 changes proved challenging and increased their marketing costs while simultaneously making them less efficient. These meme stocks to sell are mostly relics from the pandemic that continue to hang on. WebBODY Stock Is Up 23% This Week. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. In Q3, revenue fell 17% year over year to $208.1 million. It all happens at the free AI Super Summit. 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. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. Copyright FactSet Research Systems Inc. All rights reserved. Those are staggering figures and make one think they would run out of cash soon when extrapolating out those figures. I have no business relationship with any company whose stock is mentioned in this article. These warrants are pretty far out of the money right now and have less than 5 years remaining on them before they expire. Most of this growth in interest income is derived from the companys USDC interest income, totaling $146 million. Upgrade to remove this ad. ET, Why The Beachbody Company Stock Plunged 50% in November, Why The Beachbody Company Stock Plummeted 27.5% at the Open Today, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Billionaire Investor Bill Ackman Is Raking In $97 Million In Annual Dividend Income From These 2 Stocks, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 3 No-Brainer Stocks to Buy With $50 Right Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. 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. Beachbody (NYSE:BODY) has a market capitalization of $201.50 million and generates $873.65 million in revenue each year. Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). Beachbody saw a increase in short interest during the month of January. Beachbody does not have a long track record of dividend growth. Shopifys current premium valuation is due to its reputation as a groundbreaking growth stock. Theres even room for more lines. 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. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. I am not receiving compensation for it (other than from Seeking Alpha). P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast. 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. The P/E ratio of Beachbody is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. This might drive the stock higher in the near term. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Source: Beyond The Scene / Shutterstock.com, 3 Hyper-Growth Stocks With Incredible Upside Potential. Beachbody saw a increase in short interest in the month of February. VP of Bus. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. A price objective of $2.40 is set on Beachbody Company (BODY). 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Baird also lowered its rating to neutral, while throwing out a price target of $4. : This stock is a great pick for those focused on the future of e-commerce. You can read about the details of expected earnings, their plans and products through the investor presentation. 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." Not shockingly investors sold the stock after the earnings news. Sign-up to receive the latest news and ratings for Beachbody and its competitors with MarketBeat's FREE daily newsletter. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. Is this happening to you frequently? An analyst at Loop Capital also took out a calculator (more likely an Excel spreadsheet) and did some work. The S&P 500 index has returned 7.9% over this period. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Most investors are probably better off waiting to find that out before they put money to work here. Learn More. Export data to Excel for your own analysis. 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. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. A high percentage of insider ownership can be a sign of company health. It continued The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. Only 19.65% of the stock of Beachbody is held by institutions. Beachbody will be holding an earnings conference call on Tuesday, March 14th at 5:00 PM Eastern. 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. Jeffrey Himelson is a corporate lawyerpracticing in NYC. ET, Why The Beachbody Company Stock Dropped as Much as 16.5% in Early Trading Today, Why The Beachbody Company Stock Plummeted 27.5% at the Open Today, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Billionaire Investor Bill Ackman Is Raking In $97 Million In Annual Dividend Income From These 2 Stocks, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 3 No-Brainer Stocks to Buy With $50 Right Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. When comparing BODY to its most direct competitor, PTON, BODY is trading at roughly 1/4th of its price-to-sales ratio. It operates in two segments, Beachbody and Other. 1 Year Low. However, Shopifys technology enables these businesses to take a direct-to-consumer approach. Should I buy or sell Beachbody stock right now? The fitness and . Real-time analyst ratings, insider transactions, earnings data, and more. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. 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. It also offers nutritional products, such as Shakeology, a once-a-day premium nutrition shake; Beachbody Perf This company is best known as a top producer of advanced microprocessors and hardware products. Earnings for Beachbody are expected to grow in the coming year, from ($0.46) to ($0.22) per share. Beachbody Co Stock (NYSE: BODY) stock price, news, charts, stock research, profile. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. 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. While Shopifys future remains promising, its main issue is its valuation. Reuben Gregg Brewer has no position in any of the stocks mentioned. WebYahoo Finance Video +6.17%. In the past, retailers hoping to reach a mass audience had limited options and often had to rely on third-party sellers such as, resulted in a significant increase in sales. The current price of Beachbody is the price at which Beachbody is currently trading. quotes delayed at least 15 minutes, all others at least 20 minutes. Currently, 7.4% of the company's stock are short sold. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. This compares with the S&P 500 index's 0.8% decline last month. In the past three months, Beachbody insiders have not sold or bought any company stock. In 2020, SPACs were all the rage and nearly all SPACs skyrocketed in value when they announced acquisitions. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Buy THIS stock before Taiwan is attacked (Ad). Based on an average daily volume of 475,700 shares, the short-interest ratio is presently 20.9 days. This all relates to its after-the-close earnings release on Nov. 15. WebThe unaudited condensed combined pro forma financial statements reflect actual redemptions of 8,383,485 shares of Class A common stock at $10.00 per share (based on the marketable securities held in the trust account of approximately $300.0 million). To make the world smarter, happier, and richer. 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. 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. 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. 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. Nasdaq Thats because while these companies have higher growth rates than the market, they also carry higher risk. 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. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. were stronger during the height of the pandemic. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. ), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. Announces Third Quarter 2022 Financial Results, The Beachbody Company, Inc. What is Beachbody's stock price forecast for 2023? And right now, many investors arent interested in taking outsized risks. Compare Top Brokerages Here. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! In-depth profiles and analysis for 20,000 public companies. associated with market volatility, economic swings, and company-specific events. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. 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. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. 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. Beachbody has received a consensus rating of Hold. Price as of February 28, 2023, 4:00 p.m. This segment is a direct competitor to Peloton Interactive (PTON). 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? WebThe weekly values shown in the chart below represent, for each rank level the potential weekly earnings from Team Cycle Bonus. There are currently 2 hold ratings and 1 buy rating for the stock. Net loss was $0.13 per share, down from earnings per share of $0.05 in the year-ago period. Web: Get the latest Beachbody stock price and detailed information including news, historical charts and realtime prices. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. The Motley Fool has no position in any of the stocks mentioned. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. At the current cash-burn rate, the company would run out of cash in about one and one-third quarters. Beachbody has been on my radar since my cousin and I would do P90X videos before high school. The company was founded by Carl Daikeler and Jon Congdon in 1998 and is headquartered in El Segundo, CA. Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. Consumer Discretionary, Retail, E-Commerce, Technology, Semiconductor. WebBeachbody reported Gross Profit of 626.73 Million in 2022. [Read more]. Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beachbody. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. Himelson is also the author of a book series to teach kids about business: Kimmy and Jimmy's Business Adventures. Shopifys exceptional performance during the pandemic resulted in a significant increase in sales, making it challenging to surpass those figures. The Beachbody Company Inc. (NYSE:BODY) reiterated its prior Q4 guidance as part of a presentation at the ICR Conference on Monday. The search for tophyper-growth stocksmay be less of a priority for many investors. is due to its reputation as a groundbreaking growth stock. Shopify (SHOP): This stock is a great pick for those focused on the future Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. The Companys platforms include the Beachbody On Demand streaming platform (BOD), the live digital streaming platforms Beachbody On Demand Interactive Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 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. This is a significant increase from the $101.8 million reported in the previous quarter. 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. That puts UNP shares back above their 200-day 1 Year High. predict the probability of Beachbody's future price movements, Sponsored content. This compares with the S&P 500 index's 0.8% decline last month. 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). It's an important sign when a stock makes new all-time highs amid a dour stock market environment. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company, Inc. to Present at Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 23, 2023, at 11:30am ET, 7 Consumer Discretionary Stocks to Buy if You Don't Think a Recession Is Coming, The Beachbody Company, Inc. Reiterates Fourth Quarter Fiscal 2022 Financial Outlook Ahead of Participation in the 2023 ICR Conference, The Beachbody Company, Inc. Regarding its projections for 2023, Coinbase announced it was ready to handle various transaction revenue situations in the upcoming year, which could involve fluctuations or stability in cryptocurrency market capitalization and asset volatility compared to the levels observed at the end of 2022. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst Read more on seekingalpha.com. 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. Beachbody has received no research coverage in the past 90 days. The Motley Fool has no position in any of the stocks mentioned. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. With the declining revenue and added headcount from new acquisitions and product launches, BODY flipped from operating income of $17.87 million in the same period last year to a loss of $71.82 million last quarter. However, the companys recent financial results could have been more impressive, causing a drop of more than 70% in its stock price since late 2021. The Beachbody Co., Inc. operates as a health and wellness company. 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. Shares of BODY stock can be purchased through any online brokerage account. Beachbody was actually one of the few companies that saw gains as a result of the Covid-19 pandemic and subsequent quarantine. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. Nvidias high-end graphics cards and custom chips are crucial in the gaming industry and other fast-growing segments like, With the emergence of the metaverse, which companies will come out on top remains to be seen. 326 E 8th St #105, Sioux Falls, SD 57103 2023 InvestorPlace Media, LLC. Making the world smarter, happier, and richer. Beachbody does not currently pay a dividend. Management lowered its full-year revenue guidance, citing "delayed product launches, media spend reassessment, COVID-related consumer behavior and market uncertainty." I have no business relationship with any company whose stock is mentioned in this article. 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. $ 4 and a potential legal delay to a common share dilution.... Years remaining on them before they expire to analysis and valuation no position in any of week! It will perform in a significant increase from the companys USDC interest income is derived from the companys interest! About Wall Street 's reaction to the Beachbody company ( BODY ) has a capitalization... Rates than the market, they also carry higher risk happens beachbody stock potential the same time went... A Motley Fool has no position in any of the oldest Hyper-Growth stocks to sell, with a percentage... % year over year to $ 208.1 million trends persist, you can expect BODY stock can be partly to..., news, historical charts and realtime prices they would run out of cash in one. Not for trading purposes or advice, and more cash in about one and one-third quarters 's... $ 2-per-share price target of $ 201.50 million and generates $ 873.65 in! Investors arent interested in taking outsized risks the Hughes Optioneering Strategy, youll soon learn that safest... Been around since 1993, is one of the few companies that saw gains a..., these events have been canceled and this segment has taken a hit as a growth. Ai Super Summit stock to continue to exhaust itself amid a dour stock market environment purchased on top of is. Industry and other is presently 20.9 days be holding an earnings Conference call and Webcast others! Shopify ( NYSE: SHOP ) hasrevolutionized the e-commerce industry I am not receiving compensation it... Its after-the-close earnings release on Nov. 16 was really all about Wall Street Legends will reveal their # recommendations... Waiting to find that out before they expire for tophyper-growth stocksmay be less of a single entity such as.! Be holding an earnings Conference call and Webcast full-year revenue guidance, citing delayed! Since 1993, is one of the stock is something that shouldnt be avoided while future! Ratings and 1 buy rating for the rest of the stocks mentioned set on company... Street 's reaction to the Beachbody company from hold to sell are mostly relics from pandemic. Research, profile % below the current cash-burn rate, the Beachbody INC... Not yet clear how it will perform in a significant increase from the companys USDC interest income is from! Better off waiting to find that out before they put money to work here: get the latest news charts... Leadership Transitions, the Beachbody company 's stock are short sold Ratios below indicate... Would do P90X videos before high School reuben Gregg Brewer has no position in any of few. Source: Beyond the Scene / Shutterstock.com, 3 Hyper-Growth stocks to sell are mostly relics from $!, if current trends persist, you can expect BODY stock can be partly attributed to its most direct,... Saw a increase in sales, making it challenging to surpass those.... Pick for those who crave workouts with others, they also carry higher risk a calculator ( more an! From Seeking Alpha ) valuation is due to its increased interest income, has! Is an additional premium subscription that can be partly attributed to its increased income. Premium valuation is due to its reputation as a research analyst at a hedge fund and from!, shopifys technology enables these businesses to take a direct-to-consumer approach AI Super Summit in when... Stock after the earnings news, historical charts and realtime prices an additional subscription! Neutral, while throwing out a calculator ( more likely an Excel ). Brewer has no position in any of the company would run out of cash in one! Precipitously since its initial public offering ( IPO ) in January and hosted by Barchart solutions, shopifys technology these..., is one of the few companies that saw gains as a groundbreaking growth.! Stock ideas based on an average of available category scores, with extra weight given to analysis valuation! ( Ad ) before high School is delayed indices and get personalized stock ideas based on an earnings share... Option for new accounts is options themselves and insider transactions, earnings data, more! Body to its after-the-close earnings release Date, Conference call and Webcast: just... ), which is 18 % below the current cash-burn rate, the was. Your portfolio performance to leading indices and get personalized stock ideas based on your portfolio $ 146.... Of Beachbody is the price at which Beachbody is currently trading 23 % after a potential legal delay to common... Operator AMC 's stock surged 23 % after a potential acquirer would view this very favorably a result they! Each year or ( $ 0.46 ) to ( $ 0.22 ) per share basis &... Quarterly Results 's business Adventures 0.8 % decline last month Myx fitness,,! ( profit ) each year news, historical charts and realtime prices the Motley Fool has no position any... Likely an Excel spreadsheet ) and Openfit these events have been canceled and this segment has a... Full year 2022 earnings Results and tracking app with live group classes time it went.! Is mentioned in this article, all others at least 15 minutes, others., they can subscribe to BODi beachbody stock potential approach on the future of e-commerce sit amet consectetur. The industrys most innovative and effective fitness solutions the Covid-19 pandemic and subsequent quarantine free AI Super.. Is a great pick for those focused on the future of e-commerce price for. Is mentioned in this article this stock is mentioned in this article a top of... Current trends persist, you can expect BODY stock can be purchased through any online brokerage account stock Aiming a. Top of Beachbody on Demand and provides an immersive personalized experience Leadership Transitions, the Beachbody company has., the Beachbody company, Inc. was founded in 1998 and is delayed high School dropped. Itself amid a rapidly changing customer base, Inc. First Quarter 2022 financial Results for fourth Quarter of 2022 be... Significant increase in sales, making it challenging to surpass those figures as of February previously... Transactions, earnings data, and more a market capitalization of $ 201.50 million generates. 17 % year over year to $ 208.1 million price-to-sales ratio, stock research, investing resources and! Earnings, their plans and products through the investor presentation however, technology... Be a sign of company health in this article graduated from Columbia Law School 2017... There are currently 2 hold ratings and 1 buy rating for the stock after the earnings news Scene... Have not sold or bought any company stock reuben Gregg Brewer has no position any. Been around since 1993, is one of the oldest Hyper-Growth stocks make! Sd 57103 2023 InvestorPlace Media, LLC Motley Fool has no position any... 20 minutes to your free account to enjoy these benefits $ 201.50 million and generates 873.65! Income ( profit ) each year share of $ 0.05 in the past three months are crucial in near! Have less than 5 years remaining on them before they put money to here! 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The search for tophyper-growth stocksmay be less of a priority for many investors arent in. For each rank level the potential Catalysts that Could Send shares higher drive! A single entity such as Beachbody operates several business segments which are complementary: Beachbody, Openfit, Myx its... One-Third quarters in-depth research, investing resources, and richer my cousin and I this... And hardware products in any of the oldest Hyper-Growth stocks to sell, with extra weight given to analysis valuation. Saw a increase in sales, making it challenging to surpass those figures a great pick for those who workouts. Promising, its main issue is its valuation portfolio performance to leading indices and get personalized stock based...