Beachbody Company (BODI) AI Stock Analysis

• Market Cap: $32.71M
• Dividend Yield: N/A
• Average Volume (3M): 24.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: -26.11%
• EPS Growth: 57.68%
• Country: US
• Employees: 355
• Sector: Communication Services
• Sector Strength: 82
• Industry: Internet Content & Information
• EPS (TTM): -0.84
• Shares Outstanding: 4,276,212
• 10 Day Avg. Volume: 16,334
• 30 Day Avg. Volume: 24,478
• PEG Ratio: -0.04
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.58
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.11
• Enterprise Value/Ebitda: -0.20
• 1Y Price Target: $13.00
• Price Target Upside: 178.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: $4.00 ▼(-14.35%Downside)

The overall stock score for Beachbody Company is driven primarily by its challenging financial performance and valuation metrics, which indicate significant operational difficulties and financial instability. While technical analysis suggests some potential for positive market sentiment, and the earnings call highlights strategic initiatives, these factors are overshadowed by the company's enduring financial struggles and strategic transition challenges.

Positive Factors

Debt Management

BODI de-risked its balance sheet by refinancing its term loan, pushing out the maturity and lowering the interest rate.

Earnings

BODI reported 1Q results ahead of guidance with sales beating estimates and guidance.

Financial Performance

Management is expecting another quarter of potential positive adj. EBITDA as they focus on profitability and stabilizing sales in a major transition year.

Negative Factors

Business Model Transition

The nutrition business is projected to be more impacted from moving away from the MLM model, which may pressure its performance.

Digital Subscriptions

Active digital subscriptions were down -16.4% YoY and Nutrition subscriptions were down -46.7% YoY.

Sales Performance

This quarter will provide better insight into what BODI's business will look like after the transition to a single-level affiliate model.

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 is experiencing significant financial challenges with a consistent decline in revenue, negative EBIT, and net income. High leverage and reduced liquidity further exacerbate the financial risks, indicating an urgent need for strategic realignments.

Income Statement

The Beachbody Company has demonstrated a consistent decline in total revenue from $873.6M in 2021 to $371.1M in TTM 2025. Gross profit margins have decreased over this period, and the company has been experiencing negative EBIT and net income, indicating ongoing operational challenges and profitability issues. Despite some cost reductions, the persistent net losses highlight the need for further strategic adjustments.

Balance Sheet

The balance sheet reflects high leverage with liabilities significantly outweighing equity; the debt-to-equity ratio has been increasing. The equity ratio has declined, indicating reduced financial stability. Total assets and cash reserves have diminished over time, pointing to potential liquidity challenges. The reduction in stockholders' equity also suggests weakened investor confidence.

Cash Flow

Cash flow analysis reveals negative free cash flow trends, with operating cash flow consistently below net income, signaling inefficiencies in cash management. The company has managed to reduce capital expenditures, but the overall cash flow position remains weak, constraining investment capacity and potentially affecting future growth opportunities.

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

Beachbody Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.67
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 4.67 is above the 20-day moving average (MA) of 4.10, above the 50-day MA of 3.96, and below the 200-day MA of 5.79, indicating a neutral trend. The MACD of 0.11 indicates Negative momentum. The RSI at 66.51 is Neutral, neither overbought nor oversold. The STOCH value of 77.61 is Neutral, 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
Sector *	62 Neutral	$42.18B	-1.51	-12.07%	2.79%	2.09%	-71.01%
ZH	58 Neutral	$428.72M	―	-0.39%	―	-19.68%	99.02%
SEAT	56 Neutral	$363.54M	25.25	-1.00%	―	0.82%	-102.72%
CCG	55 Neutral	$63.82M	―	-16.65%	―	105.31%	95.66%
NXDR	54 Neutral	$719.27M	―	-18.77%	―	12.01%	35.71%
BODI	50 Neutral	$32.71M	―	-130.56%	―	-26.11%	57.68%
UPXI	45 Neutral	$344.81M	―	-475.54%	―	―	―

Beachbody Company Corporate Events

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.

The most recent analyst rating on (BODI) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Beachbody Company stock, see the BODI Stock Forecast page.