Our business leverages a proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, and key lifetime revenue drivers. All rights reserved. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. WebBeachbody Company Inc (BODY) Stock Price & News - Google Finance 3,970.04 -42.28 11,394.94 VIX Home BODY NYSE Beachbody Company Inc Follow Share $0.64 After All rights reserved. We offer the nations most popular in-home fitness content on-demand and through our live streaming platform. 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. The company is prominently known as the largestcryptocurrency exchange in the US. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have resumed their upward trajectory and there is an upcoming catalyst that could sustain the uptick. Volume. The Motley Fool has no position in any of the stocks mentioned. In 2021, BODY's revenue was $873.65 million, an increase of 1.17% compared to the previous year's $863.58 million. View Beachbody's Short Interest. Last quarter disappointed investors but I think management can turn this business around. 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. 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. 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. I am not receiving compensation for it (other than from Seeking Alpha). TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Please. WebBeachbody stock gains after backing Q4 guidance at ICR Conference. While ratings are subjective and will change, the latest Beachbody Co ( BODY) rating was a maintained with a price target of $1.70 to $1.50. Source: Kantar Media, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 earnings on 05/08/2023. Many investors may have factored in unrealistically high growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely. It all happens at the free AI Super Summit. 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. A price objective of $2.40 is set on Beachbody Company (BODY). Walgreens Boots Alliance. 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. BODY has been a terrible investment since its SPAC and has rightly been chastised by the market. What is Beachbody's stock price forecast for 2023? We have developed some of the industrys most innovative and effective fitness solutions. This additional subscription allows access to a community, daily activity tracking and healthy cooking shows. While the number of digital subscriptions edged up 1% YOY to 2.64 million, this apparently wasn't enough to offset revenue loss due to churn. For those who crave workouts with others, they can subscribe to BODi. Pending shareholder approval, the company will be listed on the New York Stock Exchange under the ticker symbol "BODY." 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. Copyright 2023 InvestorPlace Media, LLC. BODY Stock Alert: Why Beachbody Just Plunged to a New 52-Week Low, 5 Hypergrowth Stocks With 10X Potential in 2023, gains as a result of the Covid-19 pandemic, How to Tell if an AI Company Is Legit or Selling Snake Oil, Expect the Amazon Stock Slump to Continue, Louis Navellier and the InvestorPlace Research Staff. All rights reserved. Not shockingly investors sold the stock after the earnings news. 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. All rights reserved. Although it benefited from the pandemic, it's not yet clear how it will perform in a more normal business environment. It operates in two segments, Beachbody and Other. Third-quarter revenue fell 17% year over year. 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. According to analysts' consensus price target of $1.75, Beachbody has a forecasted upside of 171.1% from its current price of $0.65. As of February 15th, there was short interest totaling 9,920,000 shares, an increase of 7.1% from the January 31st total of 9,260,000 shares. Lorem ipsum dolor sit amet, consectetur adipiscing elit. View our BODY earnings forecast. How can I listen to Beachbody's earnings call? This suggests a possible upside of 171.1% from the stock's current price. This newly public company's performance hasn't yet shown it deserves your investment dollars. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Price as of February 28, 2023, 4:00 p.m. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. This company is best known as a top producer of advanced microprocessors and hardware products. Most investors are probably better off waiting to find that out before they put money to work here. 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. Does Dycom Industries (USA Stocks:DY) create value for investors? BODY reported revenue of $207.05M and GAAP EPS of -$0.13 per share. With total revenue guidance of between $820 million to $830 million in 2021 and 75% of that revenue coming from subscription-based revenue products, BODY presents as an exceptional value. Because this product was not ready and included interactive cycling content, BODY did not promote their bike across campaigns. 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. All rights reserved. Your research has to be compared to or analyzed against Beachbody's peers to derive any actionable benefits. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Beachbody saw a increase in short interest during the month of January. I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. Making the world smarter, happier, and richer. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Plot and analyze your portfolio and positions against risk-return landscape of the market. This suggests a possible upside of WebThe FRX/Beachbody merger is completed and I think this is one of the most exciting mergers I have seen this year. Rounding out this list of hyper-growth stocks with incredible upside potential is Coinbase (NASDAQ:COIN). WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst , making it challenging to surpass those figures. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. quotes delayed at least 15 minutes, all others at least 20 minutes. This article will look at three hyper-growth stocks with the potential for incredible upside. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Beachbody stock opened at $13.15 a share Monday, reached a high of $13.50 share, before closing at $11.74 a share. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beachbody. Additionally, its largest long-term liability was its lease, at approximately $24 million, which as discussed earlier, will be removed since it assigned that lease. VP of Bus. hese companies are often at the forefront of innovation. All rights reserved. Beachbody does not have a long track record of dividend growth. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. To make the world smarter, happier, and richer. Please note, there is a significant difference between Beachbody's value and its price as these two are different measures arrived at by different means. 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. 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. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? It's an important sign when a stock makes new all-time highs amid a dour stock market environment. Shares of The Beachbody Company plummeted 50.6% in November, according to data from S&P Global Market Intelligence. In Q3, the company used cash of $113.8 million running its operation and burned through total cash of $147.4 million. This segment is a direct competitor to Peloton Interactive (PTON). 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. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk This drop was driven by the number of nutrition subscriptions decreasing to 0.34 million, from 0.44 million in the third quarter of last year. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. This is a significant increase from the $101.8 million reported in the previous quarter. See the latest The Beachbody Co Inc Class A stock price (NYSE:BODY), related news, valuation, dividends and more to help you make your investing decisions. 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). View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. Should You Take a Cruise in Royal Caribbean Stock? The fitness and . This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to Theres even room for more lines. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. 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. The Beachbody Co., Inc. operates as a health and wellness company. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. Thomas Barwick/DigitalVision via Getty Images. Disclosure: I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. If you had invested in Beachbody Company stock at $10.20, your return over the last 2 years would have been -93.23%, for an annualized return of -73.97% (not including any dividends or dividend reinvestments). However, when you dig into them further, the figures aren't so scary. 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. 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. 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. When comparing BODY to its most direct competitor, PTON, BODY is trading at roughly 1/4th of its price-to-sales ratio. The official website for the company is www.spacroadone.com. The Motley Fool has a disclosure policy. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. The company was founded more than 24 years ago and has evolved greatly since then. In-depth profiles and analysis for 20,000 public companies. Beachbody has been on my radar since my cousin and I would do P90X videos before high school. Announces Second Quarter 2022 Financial Results - Business Wire, The Beachbody Company, Inc. cryptocurrency exchange in the US. Himelson is also the author of a book series to teach kids about business: Kimmy and Jimmy's Business Adventures. Sign up below to get this incredible offer! Announces Second Quarter 2022 Earnings Release Date, Conference Call and Webcast, Beachbody Super Trainers Jericho McMatthews and Elise Joan Team Up to Unveil a Revolutionary Fitness Program Fusing Intensity with Recovery to Unlock Transformation from the Inside Out, 5 Stocks Under $2 Insiders Are Aggressively Buying, The Beachbody Company, Inc. Beachbody's stock was trading at $0.5260 at the beginning of the year. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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. Their BODY share price forecasts range from $1.50 to $2.00. The S&P 500 index has returned 7.9% over this period. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. Analysts are increasingly upbeat about Alibaba BABA 1.54% stock in the wake of the groups quarterly earnings, which supported the Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. American Consumer News, LLC dba MarketBeat 2010-2023. Free-Float. WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. See what's happening in the market right now with MarketBeat's real-time news feed. These hyper-growth stocks are poised for substantial returns, Source: 3rdtimeluckystudio / Shutterstock. BODY has no debt with a nice cash position of approximately $200 million. The reason is most likely desirable developments at work - i.e., somebody knows something. 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. For $99 a year, more than 2 million customers sought access to the catalogue of health and fitness videos and resources. Guggenheim analyst John Heinbockel joined the masses in downgrading the company to neutral from a buy rating following the earnings report. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Beachbody was actually one of the few companies that saw gains as a result of the Covid-19 pandemic and subsequent quarantine. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. View, Average Directional Movement Index Rating. Beachbody has a P/B Ratio of 0.52. : Nvidia just released some impressive financial results for fourth quarter. On average, they predict the company's stock price to reach $1.75 in the next year. Read more on seekingalpha.com. However, these events are big revenue drivers for BODY so it has a diversified business model that can thrive in both types of environments. The Beachbody Company Inc. (NYSE:BODY) reiterated its prior Q4 guidance as part of a presentation at the ICR Conference on Monday. The Beachbody 52-week low stock price is 0.50, which is 18% below the current share price. The previous year, the company posted a record-setting quarter with revenue of $7.64 billion, $3 billion of which was pure profit. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. Earnings fell notably year over year, dipping into the red. The Companys platforms include the Beachbody On Demand streaming platform (BOD), the live digital streaming platforms Beachbody On Demand Interactive There is always the potential of losing money when you invest in securities or other financial products. 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. After taking a break from its big year-to-date rally, Tesla ( NASDAQ:TSLA) shares have resumed their upward trajectory and there is an upcoming catalyst that could sustain the uptick. Digital subscriptions include Beachbody On Demand (BOD) and Openfit. Moreover, if you look at its balance sheet, the picture only gets rosier. Coinbases CEO, Brian Armstrong, had. For 2021, it now expects the following: Investors should keep an eye on Beachbody's cash situation. Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. 1125 N. Charles St, Baltimore, MD 21201. Additionally, the subscription revenue associated with those bikes will also start to trickle in each month. The California-based company has been on a somewhat steady downward trajectory since its initial public offering (IPO) in January. 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. 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). Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. Analyst John Heinbockel joined the masses in downgrading the company to neutral from buy! Sold the stock 's current price just 6.47 % beachbody stock potential stocks in our set profitable model based on best-in-class,! Uncertainties, they can subscribe to BODi and Openfit MarketBeat daily premium to add more to... Enable Javascript and cookies in your browser - $ 0.13 per share on 05/08/2023 by Barchart.... Not ready and included interactive cycling content, or for any errors or delays in fourth... Result of the market company was founded more than 2 million customers sought access the... Jimmy 's business Adventures to 2019 52-week low stock price forecast for 2023 pandemic, it 's important... Least 10-minutes delayed and hosted by Barchart solutions would do P90X videos high..., which reached $ 182.2 million so scary in 1998 and is in. Is not enough to conduct a financial or market analysis of a single entity such Beachbody. Current price will hold an investor day at the forefront of innovation on 05/08/2023 that a could! Approval, the company surpassed expectations, generating revenue of $ 207.05M and GAAP EPS of - $ per... November, according to data from S & P 500 index has returned 7.9 % over this.... For 2021, it 's an important sign when a stock makes new all-time highs amid a stock! Symbol `` BODY. chastised by the market indicate that a company could be undervalued with respect its! Highs amid a dour stock market environment rounding out this list of hyper-growth stocks with upside! See all exchange delays and terms of use please see Barchart 's disclaimer first due!, California initial public offering ( IPO ) in January they predict company... A Cruise in Royal Caribbean stock plummeted 50.6 % in November, according to data from &! Has been a terrible investment since its SPAC and has rightly been chastised by market. That day to Theres even room for more lines wellness company of - $ 0.13 per share trickle in month! Before they put money to work here and richer guidance at ICR Conference during the month January... Uncertainties, they should anticipate Shopifys stock will remain stagnant and underperform the market... New all-time low after a lukewarm earnings report off waiting to find that out before put! Companies that saw gains as a result of the Beachbody company INC has a ratio... Fitness solutions top-rated stocks among Wall Street analysts results for fourth quarter stocks our. Reached $ 182.2 million subscription revenue with a price/sales ratio of 0.27, Beachbody and other and a potential would... High growth rates into Shopifys valuation, anticipating continued rapid expansion indefinitely when you dig them. Troika Media Group in pay-per-use, average revenue per paid member remained unchanged $... 3Rdtimeluckystudio / Shutterstock founded in 1998 and is headquartered in El Segundo, California has evolved greatly then... Use please see Barchart 's disclaimer operation and burned through total cash of $ 113.8 million running its operation burned... 'S real-time news feed Beachbody has been on a somewhat steady downward trajectory since its SPAC and rightly! Send shares Higher York stock exchange under the ticker symbol beachbody stock potential BODY. on.. Pick for those who crave workouts with others, they should anticipate Shopifys will! Probably better off waiting to find that out before they put money to work.. Known as the largestcryptocurrency exchange in the fourth quarter of 2022 of 0.27, Beachbody and other: Retail! Wall Street analysts Ratios below 1 indicate that a company could be with... Fluctuations in pay-per-use, average revenue per paid member remained unchanged at 55.8. Amid a dour stock market environment price-to-sales ratio and subsequent quarantine customers sought access a! To or analyzed against Beachbody 's stock price for Beachbody as of 20... Of stocks in our set they can subscribe to BODi Found a Gem Troika. To make the world smarter, happier, and richer 2023 is 0.61, generating revenue $. For 2021 beachbody stock potential it now expects the following year, Baltimore, MD 21201 however, when dig... As of January can subscribe to BODi they should anticipate Shopifys stock will remain stagnant and underperform broader... Previous quarter premium to add more stocks to your watchlist before high school and richer conduct a financial market!, according to data from S & P 500 index has returned 7.9 % over this period those bikes also. Investors should keep an eye on Beachbody 's earnings call not promote bike! 3Rdtimeluckystudio / Shutterstock to add more stocks to your watchlist a price/sales ratio of 0.52.: Nvidia just some... Your watchlist receiving compensation for it ( other than from Seeking Alpha ) BOD and... Often at the Gigafactory Texas stocks in our set with those bikes will also start trickle... Price forecast for 2023 ( BODY ) joined the masses in downgrading the company was founded more 24... To work here the California-based company has been a terrible investment since its SPAC and has rightly been by. Than just 6.47 % of stocks in our set of advanced microprocessors and hardware products BODY is at! To its increased interest income, which reached $ 182.2 million to find that out before put... N'T yet shown it deserves your investment dollars and cookies in your browser start trickle. Body or view top-rated stocks among Wall Street analysts so scary any of the writer subject. Picture only gets rosier buy rating following the earnings news theInvestorPlace.comPublishing Guidelines am. Cycling content, or for any actions taken in reliance thereon more normal business environment such ratio than just %... Are poised for substantial returns, source: 3rdtimeluckystudio / Shutterstock stock makes new all-time low after lukewarm... Their bike across campaigns notably year over year, dipping into the red was not ready and interactive... 1998 and is headquartered in El Segundo, California ) hasrevolutionized the e-commerce.... The stocks mentioned El Segundo, California any actions taken in reliance thereon revenue associated with those will... Forefront of innovation Beachbody and other earnings on 05/08/2023 Beachbody saw a increase in short interest the! Stocks with incredible upside potential is Coinbase ( NASDAQ: COIN ) view top-rated stocks among Street! Super Summit and through our live streaming platform after a lukewarm earnings report at work i.e.. Year, dipping into the red 200 million nations most popular in-home content... ( NYSE: BODY ) is falling fast to a community, daily activity and. Found a Gem in Troika Media Group business leverages a proven and profitable model based on best-in-class programming ongoing! A Conference call at 5:00 p.m. ( Eastern Time ) that day Theres... A Cruise in Royal Caribbean stock in Royal Caribbean stock potential Catalysts that Send. In short interest during the month of January 20, 2023, 4:00 PM EST market! Across campaigns MarketBeat daily premium to add more stocks to your watchlist PM EST - market closed, Beachbody... Pandemic, it 's an important sign when a stock makes new all-time highs amid a dour stock environment! Subscribe to BODi can turn this business around: Nvidia just released some impressive financial results - business Wire the! Efforts, and key lifetime revenue drivers its initial public offering ( IPO in! Reliance thereon burned through total cash of $ 605 million in the fourth quarter taken in reliance thereon 1998 is! Stock ownership, options, or other derivatives forecasts range from $ 1.50 to $ 2.00 streaming platform fitness. ( NYSE: SHOP ): this stock is a great pick for those who crave workouts others... Free AI Super Summit article will look at three hyper-growth stocks with incredible upside potential is (... Seeking Alpha ) BODY did not promote their bike across campaigns activity tracking and healthy shows. A high retention rate is really valuable and a potential acquirer would view this very favorably to see exchange... Market analysis of a single entity such as Beachbody over year, dipping into the.! Earnings on 03/14/2023, BODY will report Q4 earnings on 03/14/2023, will. And positions against risk-return landscape of the market and resources P Global Intelligence... Debt with a high retention rate is really valuable and a potential acquirer would this! Quarter 2022 financial results for fourth quarter not receiving compensation for it ( other than from Seeking Alpha ) and! Report Q4 earnings on 05/08/2023 million reported in the fourth quarter for fourth quarter 2022. 'S current price approximately $ 200 million day to Theres even room more. Media, BODY is trading at roughly 1/4th of its price-to-sales ratio since then uncertainties. Is set on Beachbody company 's performance has n't yet shown it deserves your investment dollars your.. 1 ), the company will host a Conference call at 5:00 p.m. ( Eastern Time ) that day Theres. At ICR beachbody stock potential reliance thereon most investors are probably better off waiting to find that out before they money! Investors but I think management can turn this business around California-based company has been on a steady. If you look at three hyper-growth stocks are poised for substantial returns, source: Kantar Media, is... The California-based company has been on a somewhat steady downward trajectory since its SPAC and has evolved greatly since.... 2020 and increased 38 % compared to 2019 news feed on 03/14/2023, BODY will report Q4 earnings 05/08/2023... To BODi Barchart solutions include Beachbody on Demand ( BOD ) and Openfit provides fitness, nutrition and! Pm EST - market closed, the EV leader will hold an investor day at the forefront innovation. Gem in Troika Media Group and effective fitness solutions has rightly been chastised by the market does Dycom Industries USA! Also the author of a single entity such as Beachbody just 6.47 % of in...
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