Beachbody Company (BODI) AI Stock Analysis

• Market Cap: $42.19M
• Dividend Yield: N/A
• Average Volume (3M): 14.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: -31.96%
• EPS Growth: 56.06%
• Country: US
• Employees: 355
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.85
• Shares Outstanding: 4,338,012
• 10 Day Avg. Volume: 13,022
• 30 Day Avg. Volume: 14,850
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.11
• Enterprise Value/Ebitda: -1.75
• 1Y Price Target: $8.50
• Price Target Upside: 42.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 52 Neutral
• Price Target: $5.50 ▼(-7.87% Downside)

Beachbody Company's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, persistent losses, and poor cash flow management. Technical analysis provides some positive momentum, but the valuation remains unattractive due to a negative P/E ratio and lack of dividends. The earnings call offers a mixed outlook, with some strategic positives overshadowed by ongoing revenue and subscription declines.

Positive Factors

Debt Refinancing

The refinancing of debt at a lower interest rate improves cash flow and financial flexibility, supporting long-term operational stability.

Gross Margin Improvement

Improved gross margins indicate better cost management and pricing power, enhancing profitability potential over the long term.

Retail Expansion Plans

Expanding into retail markets with established brands like Shakeology can diversify revenue streams and increase market reach.

Negative Factors

Revenue Decline

Significant revenue declines highlight challenges in maintaining customer engagement and market share, impacting long-term growth.

Subscriber Decline

A decline in subscribers suggests weakening customer retention and engagement, which could undermine the subscription-based revenue model.

Negative Cash Flow Growth

Negative cash flow growth indicates poor cash generation, limiting the company's ability to invest in growth opportunities and manage debt.

Beachbody Company Business Overview & Revenue Model

Company Description

The Beachbody Company, Inc. operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. 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 Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs. It also offers nutritional products, such as Shakeology, a nutrition shake; Beachbody Performance supplements comprising pre-workout energize, hydrate, post-workout recover, and protein supplement recharge products; BEACHBAR, a low-sugar snack bar; supplements under the LADDER brand; connected fitness products; and BODi Bike Studio, a package subscription to BODi with a bike and accessories. The Beachbody Company, Inc. was founded in 1998 and is headquartered in El Segundo, California.

How the Company Makes Money

Beachbody Company generates revenue primarily through its subscription services, which include Beachbody On Demand and BODi, offering customers access to a vast library of fitness content and live classes. These services operate on a recurring subscription model, providing a steady income stream. Additionally, Beachbody earns revenue from the sale of nutritional supplements and performance products, which complement its fitness programs. The company also benefits from partnerships with fitness influencers and trainers who promote its products and services, further driving customer acquisition and retention.

Beachbody Company Financial Statement Overview

Summary

Beachbody Company faces substantial financial challenges across all verticals. The income statement reflects declining revenues and persistent losses, while the balance sheet shows limited equity and poor returns. Cash flow is weak, with negative growth and insufficient cash generation. The company needs to address these issues to improve its financial health and stability.

Income Statement

The income statement reveals significant challenges for Beachbody Company. The TTM data shows a negative revenue growth rate of -12.46%, indicating declining sales. Gross profit margin is relatively healthy at 69.42%, but the net profit margin is deeply negative at -17.02%, reflecting substantial losses. EBIT and EBITDA margins are also negative, suggesting operational inefficiencies. Overall, the company is struggling with profitability and revenue growth.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.81, indicating manageable leverage. However, the return on equity is highly negative at -142.49%, highlighting poor returns for shareholders. The equity ratio stands at 13.82%, suggesting a low proportion of equity financing. The company's financial stability is concerning due to low equity and poor returns.

Cash Flow

Cash flow analysis indicates significant issues. The free cash flow growth rate is negative at -59.12%, and the operating cash flow to net income ratio is -0.036, showing weak cash generation relative to net losses. The free cash flow to net income ratio is positive at 1.84, but this is due to negative net income. Overall, cash flow management is a critical concern for the company.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	324.87M	418.80M	527.11M	692.20M	873.64M	863.58M
Gross Profit	227.47M	287.34M	323.09M	369.57M	544.98M	613.88M
EBITDA	-14.13M	-38.36M	-80.40M	-94.75M	-168.92M	46.08M
Net Income	-58.21M	-71.64M	-152.64M	-194.19M	-228.38M	-21.43M
Balance Sheet
Total Assets	145.89M	174.56M	276.84M	443.39M	637.61M	356.25M
Cash, Cash Equivalents and Short-Term Investments	29.81M	20.19M	40.10M	80.09M	104.05M	56.83M
Total Debt	26.03M	22.48M	32.82M	46.45M	7.13M	41.62M
Total Liabilities	125.74M	146.39M	194.08M	231.85M	252.23M	257.00M
Stockholders Equity	20.16M	28.17M	82.76M	211.54M	385.38M	99.26M
Cash Flow
Free Cash Flow	-3.17M	-1.98M	-29.11M	-73.67M	-293.16M	23.50M
Operating Cash Flow	933.00K	2.56M	-22.54M	-47.17M	-215.25M	61.43M
Investing Cash Flow	-4.11M	1.06M	-10.83M	-26.49M	-125.19M	-46.69M
Financing Cash Flow	-3.58M	-15.87M	-13.72M	47.56M	390.65M	165.00K

Beachbody Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BODI, the sentiment is Positive. The current price of 5.97 is below the 20-day moving average (MA) of 6.18, above the 50-day MA of 5.33, and above the 200-day MA of 5.56, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 49.73 is Neutral, neither overbought nor oversold. The STOCH value of 18.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BODI.

Beachbody Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZH	63 Neutral	463.92M	21.51	-4.15%	―	-22.16%	―
CCG	58 Neutral	105.81M	-11.75	-17.21%	―	105.31%	95.66%
SEAT	54 Neutral	169.45M	-0.76	3.61%	―	-10.52%	-420.74%
NXDR	54 Neutral	824.86M	-12.65	-14.98%	―	9.65%	56.50%
BODI	52 Neutral	$42.19M	―	-133.94%	―	-31.96%	56.06%
UPXI	40 Underperform	307.10M	-0.89	-15.19%	―	―	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Beachbody Company Corporate Events

Beachbody Company Transfers Stock Listing to Nasdaq

On August 20, 2025, The Beachbody Company announced its decision to transfer the listing of its Class A common stock from the New York Stock Exchange to the Nasdaq Capital Market, effective September 3, 2025. This strategic move is aimed at leveraging Nasdaq’s advanced trading technology and market data services, aligning Beachbody with a marketplace that supports innovative companies, and potentially enhancing its industry positioning.

Beachbody Company Elects Directors at Annual Meeting

On June 4, 2025, Beachbody Company held its annual stockholders meeting where nine directors were elected to the board for a one-year term, and Deloitte & Touche LLP was ratified as the independent accounting firm for the fiscal year ending December 31, 2025. Additionally, the company’s executive compensation was approved, reflecting shareholder support for the current management and strategic direction, which may impact the company’s governance and operational strategies moving forward.