Based on ratings from 3 stock analysts, the Beachbody Company Inc stock price is expected to increase by 92.11% in 12 months. This is calculated by using the average 12-month stock price forecast for Beachbody Company Inc. The lowest target is $12 and the highest is $13. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assigned BODI 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Beachbody Company Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BODI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BODI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
George Kelly Roth MKM | Buy | $12 | Reiterates | Nov 14, 2024 |
Ashok Kumar ThinkEquity | Buy | $12 | Initiates | Jul 15, 2024 |
Susan Anderson Canaccord Genuity | Buy | $13 | Initiates | May 17, 2024 |
George Kelly Roth MKM | Buy | $14 | Maintains | May 7, 2024 |
Baird | Neutral | $10 | Maintains | May 7, 2024 |
George Kelly Roth MKM | Buy | $15 | Initiates | Jan 5, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $1.5 | Maintains | May 31, 2023 |
Jonathan Komp Baird | Neutral | $0.5 | Maintains | Mar 16, 2023 |
Kaumil Gajrawala Credit Suisse | Neutral | $1.35 | Maintains | Mar 15, 2023 |
Kaumil Gajrawala Credit Suisse | Neutral | $1.5 | Maintains | Nov 10, 2022 |
Linda Bolton Weiser DA Davidson | Buy | $2 | Maintains | Aug 9, 2022 |
Linda Bolton Weiser DA Davidson | Buy | $2.5 | Maintains | May 17, 2022 |
Kaumil Gajrawala Credit Suisse | Neutral | $1.9 | Maintains | May 10, 2022 |
Credit Suisse | Neutral | Initiates | May 5, 2022 | |
B of A Securities | Neutral | Initiates | Mar 29, 2022 | |
Linda Bolton Weiser DA Davidson | Buy | $4.75 | Maintains | Mar 4, 2022 |
Loop Capital | Sell | Downgrade | Nov 17, 2021 | |
Jonathan Komp Baird | Neutral | $4 | Downgrade | Nov 16, 2021 |
Guggenheim | Neutral | Downgrade | Nov 16, 2021 | |
Cantor Fitzgerald | Neutral | Initiates | Oct 6, 2021 |
When did it IPO
2021
Staff Count
582
Country
United States
Sector/Industry
Communication Services/Internet Content & Information
CEO
Mr. Carl D. Daikeler
Market Cap
$45.3M
In 2023, BODI generated $527.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BODI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The Beachbody Company, Inc. (NYSE:BODI) will hold its Q3 2024 earnings conference call on November 12, 2024, at 5:00 PM ET with key executives participating.
Why It Matters - The upcoming Q3 2024 earnings call for Beachbody could reveal financial performance and strategic direction, impacting stock price and investor sentiment.
Summary - The Beachbody Company (NYSE: BODi) reported its Q3 2024 results, showing significant improvements in adjusted EBITDA and positive free cash flow, reflecting progress in its turnaround plan.
Why It Matters - BODi's improved adjusted EBITDA and positive cash flow indicate a successful turnaround, potentially enhancing profitability and attracting investor interest.
Summary - The Beachbody Company, Inc. (BODI) reported a quarterly loss of $1.75 per share, slightly better than the expected loss of $1.76, improving from a loss of $5 per share a year earlier.
Why It Matters - The smaller-than-expected loss suggests improving financial performance for Beachbody, potentially boosting investor confidence and impacting stock prices positively.
Summary - The Beachbody Company (NYSE: BODI) will release Q3 2024 results on November 12, 2024, after market close, followed by a conference call at 5:00 p.m. ET.
Why It Matters - BODi's upcoming Q3 2024 earnings release and conference call could impact stock performance, offering insights into financial health and growth prospects for investors.
Summary - Beachbody is reducing its workforce by one-third and transitioning to an affiliate program in a business model overhaul.
Why It Matters - Beachbody's workforce reduction and shift to an affiliate model indicate cost-cutting and potential revenue changes, which can impact profitability and stock performance.
Summary - The Beachbody Company (NYSE: BODI) is restructuring its business model to an omnichannel approach, aiming to reduce costs, expand distribution, and lower its revenue break-even point for future growth.
Why It Matters - BODi's shift to an omnichannel sales approach indicates a strategic move to enhance profitability and reduce costs, potentially leading to improved financial performance and shareholder value.