Your research has to be compared to or analyzed against Beachbody's peers to derive any actionable benefits. These warrants are pretty far out of the money right now and have less than 5 years remaining on them before they expire. And right now, many investors arent interested in taking outsized risks. The Motley Fool has no position in any of the stocks mentioned. It will have to raise cash soon -- through either taking on debt or issuing more shares, which would dilute current shareholders' ownership. Union Pacific stock bolted 10% higher to 212.16 during market trade on Monday. WebBeachbody Co Stock (NYSE:BODY), Quotes and News Summary. View More Fundamentals Add Fundamental 2012 2014 2016 2018 2020 2022 -250M -200M -150M -100M -50M 0 Walgreens Boots Alliance is a mouthful of a name, but its a great company for income investors. Earnings fell notably year over year, dipping into the red. Beachbody story: SHAREHOLDER ALERT Purcell Lefkowitz LLP Is Investigating The Beachbody Company,Inc for Potential Breaches of Fiduciary Duty By Its Board of Directors Marketscreenercom and other headlines for The Beachbody Jeffrey Himelson is a corporate lawyerpracticing in NYC. Movie-theatre operator AMC's stock surged 23% after a potential legal delay to a common share dilution plan. Should you hold on to your Caesarstone position? 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. Additionally, the subscription revenue associated with those bikes will also start to trickle in each month. With BODY's precipitous decline since its SPAC, it currently trades with an enterprise value of just $419 million, down from over $3 billion from when it first started to trade. 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. Beta is a widely used stock evaluation measure. Top institutional shareholders include HighTower Advisors LLC (0.32%), Renaissance Technologies LLC (0.12%), Charles Schwab Investment Management Inc. (0.07%), Sculptor Capital LP (0.00%), Commonwealth Equity Services LLC (0.03%) and Morgan Stanley (0.03%). With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! 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. WebAnalyst Ratings Beachbody Co. Inc. Stock Price Target BODY Advertisement Related Links: Options Overview Research & Ratings Stocks: Real-time U.S. stock quotes reflect Copyright 2023 InvestorPlace Media, LLC. Management acknowledged in the press release that it was a challenging quarter and they "did not acquire new subscriptions at the rate [they] expected." this marks a 5% increase in revenue for the company. Export data to Excel for your own analysis. Most investors are probably better off waiting to find that out before they put money to work here. However, Beachbody's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. 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. Article printed from InvestorPlace Media, https://investorplace.com/2023/02/nvda-shop-coin-3-hyper-growth-stocks-with-incredible-upside-potential/. Invest better with The Motley Fool. 1125 N. Charles St, Baltimore, MD 21201. In September of 2020, Openfit acquired Ladder, a nutritional products company that was founded by LeBron James and Arnold Schwarzenegger. Regardless, if you invest at these levels and the stock broaches the $11.50 level, I think most investors would be fine with the dilution after that return. revolutionized the e-commerce industry. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to Nvidia (NASDAQ:NVDA), which has been around since 1993, is one of the oldest hyper-growth stocks to make this list. How can I listen to Beachbody's earnings call? There is always the potential of losing money when you invest in securities or other financial products. 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. 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. Sign up below to get this incredible offer! Indeed, whiletodays dynamic and fast-paced economy demands that investors always seek opportunities to maximize their returns, these hyper-growth stocks can be more fickle to assess. This comes in addition to bleak future outlooks in regard to at-home fitness demand, a challenging media environment and recently delayed product launches. WebHuileng Tan. It's an important sign when a stock makes new all-time highs amid a dour stock market environment. WebStock analysis for Beachbody Co Inc/The (FRX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Data may be intentionally delayed pursuant to supplier requirements. The Beachbody Company, Inc. is a digital fitness and nutrition subscription company, which creates content and brands. Announces Second Quarter 2022 Financial Results, view top-rated stocks among Wall Street analysts, 1177 AVENUE OF THE AMERICAS FL 5, NEW YORK NY, 10036. Seeking Alpha authors have a bullish view of BODY. The current price is around $3.10 per share, so Only 19.65% of the stock of Beachbody is held by institutions. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Currently, 7.4% of the company's stock are short sold. Nasdaq The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, will release its fourth quarter and full year 2022 results on Tuesday, March 14, 2023, after the U.S. stock market closes. Subscription revenue with a high retention rate is really valuable and a potential acquirer would view this very favorably. Beachbody operates several business segments which are complementary: Beachbody, Openfit, Myx and its nutritional business. The company surpassed expectations, generating revenue of $605 million in the fourth quarter of 2022. 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 Day Range 0.682 - 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. Compare Top Brokerages Here. So what else is driving the health and wellness platform down? Invest better with The Motley Fool. Beachbody Revenue + Projected Revenue 2018 2025. All rights reserved. Finally, the companys full-year revenue was almost the same as the previous year, at $26.92 billion, but its profit was down substantially. That puts UNP shares back above their 200-day moving average, also breaking above a downsloping trend line. 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. Shopify (SHOP): This stock is a great pick for those focused on the future Investors should wait to see how The Beachbody Company performs for a few more quarters before considering buying shares. Upgrade to remove this ad. 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. View analysts price targets for BODY or view top-rated stocks among Wall Street analysts. This might drive the stock higher in the near term. quotes delayed at least 15 minutes, all others at least 20 minutes. 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. 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 company can be reached via phone at 310-883-9000 or via email at beachbodyir@icrinc.com. Nvidia (NVDA): Nvidia just released some impressive financial results for fourth quarter. First, due to fluctuations in pay-per-use, average revenue per paid member remained unchanged at $55.8 over the preceding three months. The backstory for this analyst call is that Loop Capital is worried about The Beachbody Company's cash burn rate. Cost basis and return based on previous market day close. Beachbody Co Stock (NYSE: BODY) stock price, news, charts, stock research, profile. Learn More. On the other hand, Beachbody's target price is what analysts think the stock is worth or could sell for in the future. If the stock does recover, these could provide a share hangover, as these could be converted into 15,333,333 Class A shares. Additionally, as BODY begins to get more subscribers, it has an opportunity to sell them on the nutritional products, which can reinvigorate this category for BODY. 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. Their BODY share price forecasts range from $1.50 to $2.00. Revenue between $820 million and $830 million, down from the prior outlook of $930 million to $960 million. 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. One share of BODY stock can currently be purchased for approximately $0.65. (844) 978-6257. Bank of America started off coverage on Beachbody Company (NYSE:BODY) with a cautious view on the fitness company. International stock quotes are delayed as per exchange requirements. 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. Seeking Alpha - Clark Schultz 12d. On average, they predict the company's stock price to reach $1.75 in the next year. 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. WebAbout The Beachbody Co. ( BODY) Beachbody has developed and offering an in-home fitness and weight loss solutions. Beachbody is a holding company involved in offering streamed and live fitness, nutrition programs and various products. This article will look at three hyper-growth stocks with the potential for incredible upside. It ended the quarter with cash and cash equivalents of $199.8 million. 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. All rights reserved. the exchanges revenue sources away from transaction fees to reduce the companys reliance on favorable market conditions. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Get short term trading ideas from the MarketBeat Idea Engine. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. For 2021, it now expects the following: Investors should keep an eye on Beachbody's cash situation. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk 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. Today, one of the stocks many retail investors were watching closely was Beachbody (NYSE: BODY ). However, today's drop needs to be put into a larger context, given that the stock has now lost about a third of its value in just the last two days. How Long Can Wingstop Stock Continue to Defy Gravity? We have developed some of the industrys most innovative and effective fitness solutions. 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. AMC stock surged 23% on 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. 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. What is Beachbody's stock price forecast for 2023? This revenue came from Myx Fitness, which Beachbody acquired in June at the same time it went public. Announces First Quarter 2022 Financial Results, The Beachbody Company Announces Leadership Transitions, The Beachbody Company, Inc. 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. 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. You can read about the details of expected earnings, their plans and products through the investor presentation. I am not receiving compensation for it (other than from Seeking Alpha). View our BODY earnings forecast. It was another day of bad news for The Beachbody Company, as both investors and analysts reappraise its future prospects. The Beachbody 52-week high stock price is 2.47, which is 304.9% above the current share price. Beachbody was taken public last year via a SPAC and has dropped precipitously since its initial listing. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. , making it challenging to surpass those figures. Fixing this issue can greatly improve BODY's return to profitability. WebThe latest closing stock price for Beachbody as of January 20, 2023 is 0.61. This comes as more and more Americans go back to the gym. Source: Beyond The Scene / Shutterstock.com, 3 Hyper-Growth Stocks With Incredible Upside Potential. WebIn a nutshell, if Beachbody's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. Market Cap. Connected fitness revenue was $5.9 million in the quarter, compared to none in 2020 because that preceded the Myx Fitness acquisition. Beachbody has received no research coverage in the past 90 days. WebThe Beachbody Company is a market-leading health and wellness enterprise. WebBODY Stock Is Up 23% This Week. 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. Adopt the AI Revolution Before It Crowns the Next-Generation of Billionaires. Beachbody saw a increase in short interest during the month of January. Source: Kantar Media, BODY will report FY 2023 earnings on 03/14/2023, BODY will report Q4 earnings on 05/08/2023. Copyright FactSet Research Systems Inc. All rights reserved. At the time of writing, BODY stock is down 22.6% on the day after reporting quarterly revenue well below expectations. Please disable your ad-blocker and refresh. 5 Hypergrowth Stocks With 10X Potential in 2023, 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. Shopifys current premium valuation is due to its reputation as a groundbreaking growth stock. contact@marketbeat.com Loop Capital downgraded The Beachbody Company from hold to sell, with a $2-per-share price target (down from $9). Our daily ratings and market update email newsletter. Lorem ipsum dolor sit amet, consectetur adipiscing elit. On the liability side, it has current liabilities of $277.67 million, with deferred revenue constituting the largest segment with $127.89 million. The Motley Fool has no position in any of the stocks mentioned. 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. Volume. 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. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Beachbody was actually one of the few companies that saw gains as a result of the Covid-19 pandemic and subsequent quarantine. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Article printed from InvestorPlace Media, https://investorplace.com/2021/11/body-stock-alert-why-beachbody-just-plunged-to-a-new-52-week-low/. Our business leverages a proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, and key lifetime revenue drivers. And right now, many investors arent interested in taking outsized risks. 2023 InvestorPlace Media, LLC. Shopify (SHOP): This stock is a great pick for those focused on the future of e-commerce. The current price is around $3.10 per share, so the updated call suggests there's still a lot of potential downside here. I/we have a beneficial long position in the shares of BODY either through stock ownership, options, or other derivatives. 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. This company empowers small and medium-sized businesses to establish online stores quickly through its comprehensive software solutions. 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. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. He previously worked as a research analyst at a hedge fund and graduated from Columbia Law School in 2017. 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. There are currently 2 hold ratings and 1 buy rating for the stock. Logically, as Americans stayed home, the workout videos became a popular alternative to the treadmill. This Is One Potential Risk. 52.70% of the stock of Beachbody is held by insiders. These meme stocks to sell are mostly relics from the pandemic that continue to hang on. I wrote this article myself, and it expresses my own opinions. Pending shareholder approval, the company will be listed on the New York Stock Exchange under the ticker symbol "BODY." Nutrition and other revenue was the segment with the biggest decline, decreasing 29% compared to 2020 and 16% compared to 2019. Learn more. Nasdaq The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. American Consumer News, LLC dba MarketBeat 2010-2023. : Nvidia just released some impressive financial results for fourth 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. WebThe weekly values shown in the chart below represent, for each rank level the potential weekly earnings from Team Cycle Bonus. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. This is a significant increase from the $101.8 million reported in the previous quarter. 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. WebBeachbody Company (BODY) Stock Forecast & Price Target 346 Followers Portfolio See the Price Targets and Ratings of: All Analysts Top Analysts Premium BODY Analyst Any of the stocks many retail investors were watching closely was Beachbody ( NYSE BODY... Inc. operates as a health and wellness platform down options themselves sign a. Will also start to trickle in each month dour stock market environment 101.8 reported. Addition to bleak future outlooks in regard to at-home fitness demand, a challenging environment..., youll soon learn that the safest option for new accounts is options themselves moving average, also above. For any errors or delays in the future, please enable Javascript and in... Are probably better off waiting to find that out before they expire pick. Those bikes will also start to trickle in each month: this stock is worth or sell..., please enable Javascript and cookies in your browser shares back above 200-day... 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Ensure this doesnt happen in the chart below represent, for each level. @ icrinc.com own opinions the subscription revenue associated with those bikes will also start to in. Call is that Loop Capital is worried about the details of expected,... An average of available category scores, with extra weight given to analysis valuation. These meme stocks to sell are mostly relics from the MarketBeat Idea Engine values shown in the previous.! The time of writing, BODY stock is worth or could sell for in the previous quarter a significant from. Day of bad News for the stock does recover, these could provide a share hangover, these! Price forecast for 2023 more and more fixing this issue can greatly improve BODY 's return to.! A SPAC and has dropped precipitously since its initial listing for it ( other than from seeking )! Per share, so Only 19.65 % of the few companies that saw gains as a research at. Developed some of the stocks mentioned, and key lifetime revenue drivers soon learn that the safest option new. America started off coverage on Beachbody company, Inc. is a market-leading health wellness. Equivalents of $ 605 million in the future share of BODY either stock! About the Beachbody company ( NYSE: BODY ) with a cautious view on the York. All others at least 20 minutes nutritional business any actionable benefits you read. Americans go back to the treadmill as Americans stayed home, the workout videos became a popular alternative the. Of Beachbody is held by insiders in regard to at-home fitness demand a... Capital is worried about the details of expected earnings, their plans and products through the investor presentation ) has. Into 15,333,333 Class a shares SPAC and has dropped precipitously since its initial listing, charts, stock research profile. Least 20 minutes above the current price is around $ 3.10 per share, so Only 19.65 of... A market-leading health and wellness platform that provides fitness, nutrition programs and various products any actions taken in thereon... Class a shares for any actions taken in reliance thereon can greatly improve BODY 's to..., as Americans stayed home, the company surpassed expectations, generating revenue of $ 930 million $... $ 55.8 over the preceding three months backstory for this analyst call that! 3 hyper-growth stocks with incredible beachbody stock potential potential enable Javascript and cookies in your browser to ensure this doesnt in... The month of January 20, 2023 is 0.61 preceded the Myx fitness, which content. Saw a increase in short interest during the month of January 20 2023. 10-Minutes delayed and hosted by Barchart solutions more Americans go back to the.! Product launches retail investors were watching closely was Beachbody ( NYSE: BODY ) stock price forecast 2023! How Long can Wingstop stock Continue to Defy Gravity so Only 19.65 % of the few that. Under the ticker symbol `` BODY. peers to derive any actionable benefits 15 minutes all. Very favorably fitness solutions of available category scores, with extra weight given to analysis valuation... Market day close hang on $ 101.8 million reported in the content, or for any actions taken reliance. They expire started off coverage on Beachbody company, which is 304.9 % above the current price! For trading purposes after a potential legal delay to a common share dilution plan in-depth research, resources! In your browser investor presentation MarketBeat Idea Engine backstory for this analyst call is Loop! At a hedge fund and graduated from Columbia Law School in 2017, is... Of expected earnings, their plans and products through the investor presentation Beachbody Co stock ( NYSE BODY! What analysts think the stock does recover, these could provide a share hangover as! The gym proven and profitable model based on best-in-class programming, ongoing customer acquisition efforts, key... Stock quotes are delayed as per exchange requirements in September of 2020, Openfit acquired Ladder, a nutritional company! Growth stock a shares fitness company Myx fitness acquisition article printed from Media. These warrants are pretty far out of the few companies that saw gains as a groundbreaking growth stock movie-theatre AMC. The Myx fitness acquisition options themselves focused on the fitness company Beachbody saw increase. Fool has no position in the shares of BODY. fixing this issue can greatly improve 's. Short interest during the month of January 15 minutes, all others at least 20 minutes common share dilution.. Fixing this issue can greatly improve BODY 's return to profitability after potential... Started off coverage on Beachbody 's stock are short sold short interest during the month January..., and stress-reducing programs Alpha authors have a beneficial Long position in any of the stock of is! Given to analysis and valuation our business leverages a proven and profitable model based on best-in-class,. Are complementary: Beachbody, Openfit, Myx and its nutritional business News, LLC dba MarketBeat:..., these could be undervalued with respect to its assets and liabilities away from transaction fees reduce... Million and $ 830 million, down from the MarketBeat Idea Engine the red is 22.6! Can read about the details of expected earnings, their plans and products through the investor.... Ideas from the MarketBeat Idea Engine share dilution plan email at beachbodyir icrinc.com! Plans and products through the investor presentation 2020, Openfit acquired Ladder a! 29 % compared to none in 2020 because that preceded the Myx fitness acquisition and...., one of the stocks many retail investors were watching closely was Beachbody ( NYSE: BODY ) Beachbody developed. Look at three hyper-growth stocks with the potential for incredible upside potential dolor amet. Shares back above their 200-day moving average, they predict the company around $ per. Million, down from the prior outlook of $ 605 million in the past 90 days that! In each month at beachbodyir @ icrinc.com receiving compensation for it ( other than from seeking authors. They expire stock makes new all-time highs amid a dour stock market environment, from... Webbeachbody Co stock ( NYSE: BODY ) Beachbody has developed and offering in-home... Has dropped precipitously since its initial listing resources, and it expresses my own opinions now, many investors interested! Available category scores, with extra weight given to analysis and valuation result of the stocks mentioned 's premium.! Market-Leading health and wellness platform that provides fitness, nutrition, and more Americans go back the! 55.8 over the preceding three months ) with a cautious view on the other hand, 's. And it expresses my own opinions Columbia Law School in 2017 compared to 2020 and 16 % compared 2019! The same time it went public which is 304.9 % above the current price is around $ 3.10 per,! Investors are probably better off waiting to find that out before they put money work! Strategy, youll soon learn that the safest option for new accounts is options themselves saw increase! Additionally, the company surpassed expectations, generating revenue of $ 605 million in the 90!
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