What is the target price for Beachbody stock?
Apr 13, 2022 · 5 brokerages have issued 1 year price objectives for Beachbody's stock. Their forecasts range from 2.00 to 15.00. On average, they anticipate Beachbody's share price to reach 6.45 in the next twelve months. This suggests a possible …
Should you buy Beachbody (FRx) stock?
Apr 08, 2022 · The Beachbody Company, Inc. stock price ended on $2.23 on Thursday after gaining 0.9%(Updated on Mar 17, 2022) Buy candidate since 2022-03-16 Gain 0.90% PDF. The The Beachbody Company, Inc. stock price gained 0.90% on the last trading day (Thursday, 17th Mar 2022), rising from $2.21 to $2.23. , and has now gained 4 days in a row.
What is Beachbody stock's (body) upside potential?
Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. , you can buy The Beachbody Company stock in any dollar amount, or any other fund or stock you know on Stash. $5. $25.
Is body stock a buy after the merger with Beachbody?
Looking to buy The Beachbody Co. stock? View today's BODY stock price, trade commission-free, and discuss BODY stock updates with the investor community. ... What analysts recommend for BODY stock, on a scale from 1 (buy) to 5 (sell). Buy. Sell. 3. BODY price target. What analysts think BODY will be worth. Low . $1.50High . $13.50. Current $2 ...
Can you buy stock in beachbody?
The Beachbody Company Group LLC, formerly Forest Road Acquisition Corp, is a provider of health and wellness platform. , you can buy The Beachbody Company stock in any dollar amount, or any other fund or stock you know on Stash.
How much is beachbody stock worth?
$ 1.9700CloseChgChg %$1.83000.01000.55%
When can you purchase stocks?
U.S. securities markets like the New York Stock Exchange (NYSE) are open for regular trading from 9:30 a.m. to 4 p.m. Eastern Standard Time (EST). However, traders can also buy and sell securities on electronic exchanges before the regular trading day begins.Apr 7, 2022
Will beach body stock go up?
Beachbody Company Inc (NYSE:BODY) The 5 analysts offering 12-month price forecasts for Beachbody Company Inc have a median target of 2.40, with a high estimate of 4.75 and a low estimate of 2.00. The median estimate represents a +25.33% increase from the last price of 1.92.
Why is beachbody stock so low?
The primary catalyst for the subscription fitness and wellness company stock's drop was its release of a weak third-quarter report, which included a significant reduction in full-year guidance.Dec 7, 2021
What is beachbody stock name?
BODYThe Beachbody Company, Inc. (NYSE: BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, will release its fourth quarter and full year fiscal 2021 results on Tuesday, March 1, 2022, after the U.S. stock market closes.
Can I buy stocks anytime?
The NASDAQ and the New York Stock Exchange, the two major stock markets in the U.S., are open for business between 9:30 a.m. and 4 p.m. EST. This time period is referred to regular trading hours or simply regular hours.
Can I buy stocks on the weekend?
If you want to buy stocks on either the NYSE or NASDAQ stock markets, the answer is no, you cannot buy stocks on the weekend. That's because both the NYSE and NASDAQ stock markets operate during normal business hours. The market opens on Monday at 8 AM and then closes at 4 PM.Feb 2, 2022
Can I place order before market opens?
Pre-open session orders can be placed on both, NSE and BSE. Only Limit orders and Market Price orders are allowed during this period. All stocks will have uniform price band of 20% in the session. You need to place order within +/- 20% of last trading day's closing price.
What company owns P90X?
BeachbodyBeachbody has brands P90X, INSANITY and 21 Day Fix. Through the BOD and Openfit platforms, the company has developed a diverse offering of live and on-demand content as well as nutrition solutions that reach more than 2.6 million paid digital subscribers.
How much money can you make being a Beachbody coach?
Beachbody makes it quite clear, though, that the amount of money that you can earn as a Beachbody coach is up to you. While the top-earning Star Diamond coach earned over $3 million, the average earnings for a coach at that rank in the same year was just over $10,000. That's a pretty big range.Jan 19, 2020
How many subscribers does Beachbody have?
2.6 million subscribersBeachbody Co., for example, has 2.6 million subscribers who pay $29 a month to stream workouts and gain access to weight-loss plans, coaching, nutrition plans, supplements and healthy recipes.Feb 10, 2021
Is Beachbody a buy right now?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beachbody in the last twelve months. There are currently 1 sell rating, 3...
What price target have analysts set for BODY?
5 brokerages have issued twelve-month price targets for Beachbody's stock. Their forecasts range from 2.00 to 15.00. On average, they anticipate Be...
Who are some of Beachbody's key competitors?
Some companies that are related to Beachbody include Jowell Global (JWEL) , Home Bistro (HBIS) , American Sierra Gold (AMNP) , SinglePoint (SIN...
What is Beachbody's stock symbol?
Beachbody trades on the New York Stock Exchange (NYSE) under the ticker symbol "BODY."
How do I buy shares of Beachbody?
Shares of BODY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is Beachbody's stock price today?
One share of BODY stock can currently be purchased for approximately 2.23.
How much money does Beachbody make?
Beachbody has a market capitalization of $691.86 million and generates $873.65 million in revenue each year.
How many employees does Beachbody have?
Beachbody employs 1,021 workers across the globe.
What is Beachbody's official website?
The official website for Beachbody is www.spacroadone.com .
Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, August 16, 2021, and so far it has risen 7.27%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss
The Beachbody Company, Inc. finds support from accumulated volume at $7.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is The Beachbody Company, Inc. stock A Buy?
The Beachbody Company, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
The Beachbody Company
The historical performance data for individual securities quoted on this website represents past performance reported as an average annual return for a given time horizon. Historical performance over the last 5 years, for example, is simply what the average return per year (compound annual growth rate) was for the investment over the past 5 years.
Invest in The Beachbody Company on Stash
The Beachbody Company Group LLC, formerly Forest Road Acquisition Corp, is a provider of health and wellness platform.
About BODY
The Beachbody Company, usually shortened to Beachbody, is a media and fitness company headquartered in Santa Monica, CA. The company was founded in 1998 by Carl Daikeler and Jon Congdon. Beachbody strives to produce fitness and media content, including workout plans, to help people lose weight and get in better shape.
Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
How many users does Beachbody have?
Earlier in June, Beachbody CEO Carl Daikeler reportedly claimed that the company is one of the leading players in the fitness industry. Beachbody has 2.7 million active users on its digital platform. The company believes its customer base will expand by 10 to 30 times in a few years, led by its upcoming initial public offering (IPO).
When is the SPAC meeting?
Shareholders of the special purpose acquisition company (SPAC) are scheduled to meet on Thursday, June 24, to cast their final vote for this US$ 2.9-billion deal. The fitness firm has been around for more than two decades.
Will Beachbody (BODY) stock go up?
Beachbody’s pullback on the second day erased all of its first-day gains and more. Many investors wonder whether BODY stock will recover. The stock was rising in the premarket session on June 30, which is a sign that some investors are taking advantage of the pullback to buy the dip.
Beachbody stock price prediction
Wall Street's coverage of Beachbody is still minimal. Currently, BODY stock carries a 12-month target price of $12.75, which implies 14 percent upside potential to the current price. The highest Beachbody stock price prediction of $14.50 suggests a 30 percent upside.
Is Beachbody stock a good buy now?
Beachbody’s subscribers base is expanding and recently hit 3.2 million. Its subscriber retention rate is also great at about 96 percent. Subscription sales provide recurring revenue and make the business more predictable.
Is Beachbody better than Peloton?
With Beachbody going public, investors now have more fitness stocks to choose from. Should BODY or PTON stock be in your portfolio? If your investment budget can accommodate it, holding both Beachbody and Peloton stocks in your portfolio would be beneficial considering the fitness industry's bright prospects.
BODY stock faces post-merger fatigue
In typical SPAC lingo, the fall in BODY stock is known as "post-merger fatigue." Before the merger announcement, investors bet on the sponsor’s reputation. However, after the merger is announced, markets evaluate the implied valuation of the stock.
Beachbody stock target price
According to the data compiled by TipRanks, two analysts are covering Beachbody stock. The stock has one buy rating and one hold rating. The stock’s average target price of $12.75 is a 28 percent premium over the current prices. BODY stock’s lowest target price is $11, while its highest target price is $14.5.
Why BODY stock has fallen
Along with the post-merger blues, blame the recent investor apathy towards “stay-at-home” stocks and the crash in Peloton stock for the fall in BODY stock. Peloton stock has been weak after reports of a fatal accident involving its equipment and the subsequent recall.
Beachbody's earnings
Beachbody has provided its proforma results for the first quarter of 2021. The company had 3.2 million subscribers at the end of March, which was 39 percent higher than the same period in 2020. Its revenues increased 43 percent YoY in the quarter to $243.3 million.
PTON versus BODY
Both PTON and BODY are targeting a similar market. However, from a valuation perspective, PTON trades at 2022 EV-to-sales multiples of 5.7x, which is way above that of BODY. From a growth perspective, Beachbody should be able to aggressively pursue growth both in North America and globally after the merger with FRX.
The Beachbody-FRX merger date
Voting on the proposed deal is expected to take place on Jun. 24 at 10:00 a.m. ET. The transaction will be completed as soon as it's approved. Beachbody stock is set to trade on the NYSE under a new ticker symbol, “BODY”.
Beachbody stock is expected to go up after merger
Beachbody stock has the potential to climb higher, thanks to the fitness company’s strong growth prospects. The global online fitness market, valued at $6 billion in 2019, is set to reach $59.2 billion in value by 2027, according to Allied Market Research estimates. The subscription-based at-home fitness market has grown amid the COVID-19 pandemic.
What happens to FRX SPAC stock after the merger?
After the merger deal is completed, FRX stock will automatically convert to Beachbody stock and cease to exist in its SPAC avatar.