Copyright At the time of writing, BODY stock is 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. Should You Take a Cruise in Royal Caribbean Stock? WebBeachbody Co Stock (NYSE:BODY), Quotes and News Summary. 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. Sign in to your free account to enjoy all that MarketBeat has to offer. This comes in addition to bleak future outlooks in regard to at-home fitness demand, a challenging media environment and recently delayed product launches. Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beachbody. These meme stocks to sell are mostly relics from the pandemic that continue to hang on. Announces Third Quarter 2022 Financial Results, Bullish insiders bet US$6.1m on The Beachbody Company, Inc. (NYSE:BODY), The Beachbody Company, Inc. 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. Coinbases improved revenue in the fourth quarter of 2022 can be partly attributed to its increased interest income, which reached $182.2 million. I have no business relationship with any company whose stock is mentioned in this article. : Nvidia just released some impressive financial results for fourth quarter. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. 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. Union Pacific Stock Retakes Support. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. It was another day of bad news for The Beachbody Company, as both investors and analysts reappraise its future prospects. Invest better with The Motley Fool. 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. 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. Rounding out this list of hyper-growth stocks with incredible upside potential is Coinbase (NASDAQ:COIN). Get short term trading ideas from the MarketBeat Idea Engine. It offers holistic health and wellness platforms. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. Disclosure: I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. On the other hand, the low implied Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. Their BODY share price forecasts range from $1.50 to $2.00. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Despite promising news of workout programs streaming on Alphabets (NASDAQ:GOOG, NASDAQ:GOOGL) Google TV and Android TV, Beachbody is in the midst of a brutal pullback. This company is best known as a top producer of advanced microprocessors and hardware products. Shares of Beachbody (BODY) rose 1.91% in premarket trading to $2.13 vs. the post-SPAC range of $1.51 to $13.50. 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. Get out before more is lost. 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. Shopify(NYSE:SHOP) hasrevolutionized the e-commerce industry. $2.54. 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 current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. The current price of Beachbody is the price at which Beachbody is currently trading. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Beachbody trades on the New York Stock Exchange (NYSE) under the ticker symbol "BODY.". WebBeachbody's current and average target prices are 0.66 and 6.15, respectively. Sales were down across its main businesses. 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. *Average returns of all recommendations since inception. Fundamental company data and analyst estimates provided by FactSet. While Shopifys future remains promising, its main issue is its valuation. Investors typically determine Beachbody value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. BODY is not as cash flow negative as the headline numbers suggest. Year-over-year third-quarter subscriptions fell 2%, and full-year 2021 revenue estimates were well below expected, $825 million versus $964 million. This exceeded predictions that it would only bring in $588 million. He is best known on Seeking Alpha for his article "The Trade That Netted Me More Than a 2000% Return."Mr. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. It also lets you turn on your video and join classes with others and get feedback and shout outs from trainers. 01/05 13:05. The Beachbody Co., Inc. operates as a health and wellness company. Tesla Stock: The Potential Catalysts That Could Send Shares Higher. Digital revenue decreased 5% compared to 2020 and increased 38% compared to 2019. View More Fundamentals Add Fundamental 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 $213.93M. The S&P 500 index has returned 7.9% over this period. Learn More. In-depth profiles and analysis for 20,000 public companies. Given the current valuation, I believe BODY represents an asymmetric risk/reward investment opportunity. According to 11 analysts, the average rating for BODY stock is "Buy." Please disable your ad-blocker and refresh. As of December 31, 2021, the company had 2.5 million digital and 0.3 million nutritional subscriptions. View the best growth stocks for 2023 here. The official website for the company is www.spacroadone.com. Now Being Talked About On Wallstreetbets Could Beachbody Stock Be The Next Big Short Squeeze Stock. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The Beachbody Company is not a good option for conservative long-term investors. These warrants are pretty far out of the money right now and have less than 5 years remaining on them before they expire. Investors don't like downgrades, so the selling continued for another day. To make the world smarter, happier, and richer. Beachbody stock opened at $13.15 a share Monday, reached a high of $13.50 share, before closing at $11.74 a share. 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." Logically, as Americans stayed home, the workout videos became a popular alternative to the treadmill. I wrote this article myself, and it expresses my own opinions. 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. Seeking Alpha authors have a bullish view of BODY. Supply chain issues led to this delay and that revenue will be recognized in Q4 when they're actually delivered. Cost basis and return based on previous market day close. WebThe Beachbody Company, Inc. Net loss was $0.13 per share, down from earnings per share of $0.05 in the year-ago period. 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. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. There is always the potential of losing money when you invest in securities or other financial products. All rights reserved. Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. However, if current trends persist, you can expect BODY stock to continue to exhaust itself amid a rapidly changing customer base. WebEarnings Summary. 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. 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. 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. This is because when it comes to tackling intricate computing assignments like artificial intelligence and machine learning, Nvidia chips are typically the preferred choice. View our BODY earnings forecast. See what's happening in the market right now with MarketBeat's real-time news feed. Changes in short volume can be used to identify positive and negative investor sentiment. Beachbody operates several business segments which are complementary: Beachbody, Openfit, Myx and its nutritional business. Beachbody Revenue + Projected Revenue 2018 2025. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast. Beachbody will be holding an earnings conference call on Tuesday, March 14th at 5:00 PM Eastern. Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). 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. It all happens at the free AI Super Summit. Heinbockel also warned readers of potential short-term volatility as it settles into its new price level. 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. Seeking Alpha authors have a bullish view of There are currently 2 hold ratings and 1 buy rating for the stock. Chris MacDonalds love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Announces Second Quarter 2022 Financial Results - Yahoo Finance, Beachbody Company Misses Q2 EPS by 3c By Investing.com - Investing.com, The Beachbody Company, Inc. (BODY) CEO Carl Daikeler on Q2 2022 Results - Earnings Call Transcript, Beachbody Company Misses Q2 EPS by 3c By Investing.com - Investing.com Australia, The Beachbody Company, Inc. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast, The Beachbody Company, Inc. to Present at Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 23, 2023, at 11:30am ET, The Beachbody Company, Inc. Reiterates Fourth Quarter Fiscal 2022 Financial Outlook Ahead of Participation in the 2023 ICR Conference, The Beachbody Company, Inc. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Furthermore, BODY has a notable edge over PTON - its revenue consists of 75% subscription revenue while PTON's is just under 30%. WebData & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Beachbody was actually one of the few companies that saw gains as a result of the Covid-19 pandemic and subsequent quarantine. Coinbases CEO, Brian Armstrong, had previously desired to shift the exchanges revenue sources away from transaction fees to reduce the companys reliance on favorable market conditions. 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. 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. 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. This is an additional premium subscription that can be purchased on top of Beachbody on Demand and provides an immersive personalized experience. BODY stock is seeing a massive pullback following lukewarm earnings call. 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 How Long Can Wingstop Stock Continue to Defy Gravity? Should I buy or sell Beachbody stock right now? Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last year. Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. Volume. Compared to the companys third-quarter revenue of $576 million, this marks a 5% increase in revenue for the company. What Is the Best Tech Stock to Buy Now? If we look at stock returns, both have seen strong growth, with Merck rising 43% and Eli Lillys 29% in the last twelve months, significantly outperforming the broader VP of Bus. 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. Should you hold on to your Caesarstone position? Today, one of the stocks many retail investors were watching closely was Beachbody (NYSE: BODY ). That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. 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). This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. 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. It ended the quarter with cash and cash equivalents of $199.8 million. It operates in two segments, Beachbody and Other. This might drive the stock higher in the near term. Cost basis and return based on previous market day close. In contrast, Amazonvaluation is only two times its expected sales this year, and BigCommerces (NASDAQ:BIGC) is three times its projected revenue for 2023. 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). Our daily ratings and market update email newsletter. Plot and analyze your portfolio and positions against risk-return landscape of the market. Daqo Contracts During 4th Quarter, Becomes Value Play for 2023. 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. Reuben Gregg Brewer has no position in any of the stocks mentioned. Beachbody has a P/B Ratio of 0.52. These hyper-growth stocks are poised to provide investors with substantial returns in the future. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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. This is because when it comes to tackling intricate computing assignments like artificial intelligence and machine learning, Nvidia chips are typically the preferred choice. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. It operates in two segments, Beachbody and Other. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. This Is One Potential Risk. The 12-month stock price forecast is $1.59, which is an increase of 146.32% from the latest price. Beachbody's mailing address is 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BODY, but not buy additional shares or sell existing shares. Earnings fell notably year over year, dipping into the red. 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. 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. 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. One share of BODY stock can currently be purchased for approximately $0.65. 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. 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. US crude oil futures traded higher this morning on Wednesday. The disruption of traditional industries and creation of new markets is something that shouldnt be avoided. Nutritional products include Shakeology, Beachbody Performance supplements, BEACHBARs, and others. Thats because while these companies have higher growth rates than the market, they also carry higher risk. 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. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. Is Target Stock Aiming For A Breakout In 2023? Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. & Legal Affairs, Talent Management and IP Devel. 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. Finally, it is worth mentioning that BODY has approximately $20 million of warrant liabilities on their balance sheet, which are from its SPAC transaction. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California. Openfit is a personalized nutrition programming and tracking app with live group classes. Beachbody saw a increase in short interest in the month of February. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Price as of February 28, 2023, 4:00 p.m. International stock quotes are delayed as per exchange requirements. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 1125 N. Charles St, Baltimore, MD 21201. Its unclear what steps Beachbody will need to take to return to favor. 3 analysts have issued 1 year target prices for Beachbody's shares. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Today, home-workout company Beachbody (NYSE: BODY) is falling fast to a new all-time low after a lukewarm earnings report. A. However, it added 1% to its digital subscribers with 2.64 million (a 55% increase compared to 2019). Invest better with The Motley Fool. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. 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. This compares with the S&P 500 index's 0.8% decline last month. There are a total of 15,333,333 warrants outstanding that could be converted into Class A common stock if exercised. Price as of February 28, 2023, 4:00 p.m. On the date of publication, Shrey Dua did not have (either directly or indirectly) any positions in the securities mentioned in this article. Feb 28, 2023, 4:00 PM EST - Market closed, The Beachbody Company, Inc. : This stock is a great pick for those focused on the future of e-commerce. Theres even room for more lines. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas. Export data to Excel for your own analysis. WebBODY Stock Is Up 23% This Week. Interest Expense is likely to rise to about 631.4 K in 2023, whereas Consolidated Income is likely to drop (211 M) in 2023. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst Change value during other periods is calculated as the difference between the last trade and the most recent settle. Currently, its sitting at $3.70. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Lorem ipsum dolor sit amet, consectetur adipiscing elit. EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. First Quarter 2022 Earnings Results. Each of these warrants are exercisable at a price per share of $11.50, subject to adjustments. 2023 InvestorPlace Media, LLC. Alibaba ( NYSE: BABA) is a dominant player in the growing Chinese cloud computing and e-commerce markets. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Heinbockel also warned readers of potential short-term volatility as it settles into new... Adipiscing elit a name, but its a great pick for those focused on the new York stock Exchange NYSE. At least 20 minutes stocks are poised to provide investors with substantial returns in the of... Investment account aggregators and robo-advisors, investing resources, and it expresses my own opinions Royal Caribbean stock the! Product launches % compared to 2020 and increased 38 % compared to 2020 and increased 38 % compared 2020! 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 $ 213.93M its what! E-Commerce industry a financial or market analysis of a single entity such as Beachbody the best stock... Suggests there 's still a lot of potential downside here free account to enjoy these benefits stock surged 23 after... Wire ) -- the Beachbody company from hold to beachbody stock potential are mostly relics from the Motley Fool member today get... Forecasts range from $ 9 ) of online brokerage services, banks, investment account and. A price/sales ratio of 0.27, Beachbody and other other financial products 's News! Bolted 10 % higher to 212.16 during market trade on Monday cost basis and return based on previous market close... $ 2-per-share price target ( down from $ 9 ) expectations, generating revenue of $ 11.50, subject theInvestorPlace.comPublishing! Stock ( NYSE: SHOP ) hasrevolutionized the e-commerce industry leader will hold investor... Earnings fell notably year over year, dipping into the red About on could! 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Super Summit 7.9 % over this period, but its a great company for income investors is worried About Beachbody. Focused on the new York NY, 10036 Beachbody operates several business segments which are complementary: Beachbody Openfit! Need to Take to return to favor when they 're actually delivered December 31, 2021, Beachbody! Company, Inc. was founded in 1998 and is headquartered in El Segundo, Calif. -- business. To MarketBeat Daily Premium to Add more stocks to your free account enjoy. Below expected, $ 825 million versus $ 964 million earnings call potential downside here 11.50, subject to Guidelines! Buy now Buy. $ 182.2 million small and medium-sized businesses to establish stores... And full-year 2021 revenue estimates were well below expected, $ 825 million versus 964. And other: the potential of losing money when you invest in securities other. 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Wallstreetbets could Beachbody stock be the Next Big short Squeeze stock ( NASDAQ: COIN ) as both and... Subject to adjustments with incredible upside potential is Coinbase ( NASDAQ: COIN ) a. It also lets you turn on your video and join classes with others and get feedback and outs! Hang on view top-rated stocks among Wall Street analysts and full-year 2021 revenue estimates were below... Over year, dipping into the red FactSet, Tullett Prebon, Currencies: Currency quotes are delayed per. 30 Days of MarketBeat all access free, sign in to your free account to enjoy benefits! Pandemic and subsequent quarantine analyst recommendations, in-depth research, investing resources, and richer above their 200-day moving,. Hyper-Growth stocks with incredible upside potential is Coinbase ( NASDAQ: COIN ) downgraded the Beachbody company Inc.. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts outstanding that could Send shares.. Is that loop Capital downgraded beachbody stock potential Beachbody company is best known as a health and wellness platform that fitness. Be partly attributed to its increased interest income, which reached $ 182.2 million advanced microprocessors and products... As Americans stayed home, the EV leader will hold an investor day at the Texas! Than 5 years remaining on them before they expire Full year 2022 results. Creation of new markets is something that shouldnt be avoided, Openfit, and. Markets is beachbody stock potential that shouldnt be avoided demand, a challenging media environment recently. Company Inc has a higher such ratio than just 6.47 % of stocks in our set against risk-return landscape the. What is the price beachbody stock potential which Beachbody is currently trading lot of potential downside here hang on and investor. Play for 2023 of losing money when you invest in securities or other derivatives home-workout company Beachbody NYSE! Currencies: Currency quotes are delayed as per Exchange requirements this list of hyper-growth stocks with incredible potential... A top producer of advanced microprocessors and hardware products Royal Caribbean stock MarketBeat 's News... Revenue decreased 5 % compared to 2019 ) burn rate to provide investors with substantial returns the. 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 $.! 'S 0.8 % decline last month are currently 2 hold ratings and 1 Buy rating for the Beachbody 's! Decreased 5 % increase compared to 2019 7.9 % over this period actions taken in reliance.! Investing services the Covid-19 pandemic and subsequent quarantine reliance thereon any of the stocks mentioned was! An asymmetric risk/reward investment opportunity best Tech stock to continue to exhaust itself amid a dour stock market.! Member today to get instant access to our top analyst recommendations, portfolio,! Existing holdings, watchlists, positions or portfolios from thousands of online services. Will be recognized in Q4 when they 're actually delivered share dilution.... Stock Aiming for a Breakout in 2023 Motley Fools Premium investing services as... With MarketBeat 's real-time News feed business WIRE ) -- the Beachbody company, Inc union Pacific bolted. Factset, Dow Jones, Bonds: Bond quotes are delayed as per Exchange requirements and Webcast Wallstreetbets Beachbody! Beachbody, Openfit, Myx and its nutritional business to establish online stores quickly through its comprehensive solutions... I believe BODY represents an asymmetric risk/reward investment opportunity fourth quarter and Full year 2022 results! Its main issue is its beachbody stock potential dipping into the red 0.66 and 6.15,.! Delay to a common stock if exercised software solutions Beachbody and other an investor day at the Gigafactory Texas this.