Sidoti Forecasts Beachbody's Q1 Earnings (NASDAQ:BODI)

Key Points

• Sidoti raised Beachbody’s Q1 2027 EPS estimate to $0.05 from $0.03 and projects Q2 2027 EPS of $0.06; the full-year consensus estimate is $0.37 per share.
• Beachbody’s latest quarterly results exceeded expectations, with EPS of $0.32 versus the consensus estimate of a $0.08 loss, while revenue reached $54.28 million.
• Shares opened at $6.29 and are down 38.5%, although analysts maintain a “Moderate Buy” consensus with an average price target of $14.33; institutional investors own 74.48% of the stock.

The Beachbody Company, Inc. (NASDAQ:BODI - Free Report) - Investment analysts at Sidoti boosted their Q1 2027 earnings per share (EPS) estimates for shares of Beachbody in a research note issued on Tuesday, August 11th. Sidoti analyst A. Hantman now anticipates that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.03. The consensus estimate for Beachbody's current full-year earnings is $0.37 per share. Sidoti also issued estimates for Beachbody's Q2 2027 earnings at $0.06 EPS.

Beachbody (NASDAQ:BODI - Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.40. Beachbody had a net margin of 5.68% and a return on equity of 46.94%. The business had revenue of $54.28 million for the quarter, compared to the consensus estimate of $51.77 million.

BODI has been the subject of several other research reports. Wall Street Zen downgraded shares of Beachbody from a "buy" rating to a "hold" rating in a research note on Saturday. Weiss Ratings raised shares of Beachbody from a "sell (d-)" rating to a "hold (c-)" rating in a research report on Thursday, June 11th. Roth Capital reissued a "neutral" rating and issued a $9.00 price target on shares of Beachbody in a report on Tuesday. Zacks Research cut shares of Beachbody from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 11th. Finally, Canaccord Genuity Group raised their price objective on Beachbody from $15.00 to $19.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Beachbody currently has a consensus rating of "Moderate Buy" and an average price target of $14.33.

Beachbody Stock Down 38.5%

Beachbody stock opened at $6.29 on Wednesday. The firm has a market capitalization of $45.55 million, a price-to-earnings ratio of 3.86 and a beta of 1.02. The company's 50 day simple moving average is $10.11 and its 200 day simple moving average is $10.67. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.64. Beachbody has a fifty-two week low of $4.05 and a fifty-two week high of $16.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp acquired a new stake in shares of Beachbody during the fourth quarter worth $166,000. Jane Street Group LLC acquired a new position in Beachbody in the 4th quarter worth $140,000. Renaissance Technologies LLC boosted its stake in Beachbody by 54.0% in the 4th quarter. Renaissance Technologies LLC now owns 52,769 shares of the company's stock worth $547,000 after purchasing an additional 18,505 shares during the period. Geode Capital Management LLC increased its holdings in Beachbody by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 32,503 shares of the company's stock worth $337,000 after purchasing an additional 1,125 shares in the last quarter. Finally, Dimensional Fund Advisors LP bought a new position in Beachbody during the 1st quarter worth about $111,000. Institutional investors and hedge funds own 74.48% of the company's stock.

Beachbody Company Profile

Beachbody is a consumer-oriented health and fitness company based in Santa Monica, California. Founded in 1998 by Carl Daikeler and Jon Congdon, the company originally gained prominence through at-home workout programs distributed on DVD. Over time, Beachbody has transitioned much of its content delivery to a subscription-based digital platform, offering on-demand streaming of exercise routines, meal plans and wellness coaching.

The company’s portfolio includes a range of branded fitness programs—such as P90X, Insanity, 21 Day Fix and Body Beast—alongside nutrition and supplement products marketed under the Beachbody Nutrition brand.

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