Sidoti Has Bearish Estimate for Beachbody Q1 Earnings

Key Points

• Sidoti cut Q1 2026 EPS to $0.10 (from $0.15) and trimmed near‑term estimates (including Q3 2026), but raised FY2026 EPS to $1.15 and increased some 2027 quarterly forecasts, signaling a weaker short term outlook with improved medium‑term expectations.
• Analyst coverage is mixed — three Buys, two Holds and one Sell — leaving a MarketBeat consensus rating of "Hold" and an average price target of $11.33.
• Shares opened at $10.56 (down ~1.7%), the company has a market cap of about $74.9M and a negative trailing P/E, and roughly 74.5% of stock is held by institutional investors, indicating concentrated ownership despite volatility.

The Beachbody Company, Inc. (NASDAQ:BODI - Free Report) - Research analysts at Sidoti cut their Q1 2026 earnings per share estimates for Beachbody in a research report issued to clients and investors on Thursday, March 12th. Sidoti analyst A. Hantman now anticipates that the company will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.15. The consensus estimate for Beachbody's current full-year earnings is ($8.16) per share. Sidoti also issued estimates for Beachbody's Q3 2026 earnings at $0.47 EPS, FY2026 earnings at $1.15 EPS, Q1 2027 earnings at $0.47 EPS and Q4 2027 earnings at $0.71 EPS.

A number of other research firms have also recently commented on BODI. Weiss Ratings restated a "sell (d-)" rating on shares of Beachbody in a research note on Monday, December 29th. Zacks Research lowered shares of Beachbody from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 9th. Craig Hallum initiated coverage on shares of Beachbody in a research note on Monday, March 2nd. They issued a "buy" rating and a $15.00 price objective for the company. Canaccord Genuity Group raised their price objective on shares of Beachbody from $9.00 to $12.00 and gave the company a "buy" rating in a research report on Tuesday, March 10th. Finally, Wall Street Zen raised shares of Beachbody from a "buy" rating to a "strong-buy" rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $11.33.

Beachbody Stock Down 1.7%

BODI stock opened at $10.56 on Monday. The business's 50-day moving average price is $9.63 and its 200-day moving average price is $8.16. The stock has a market cap of $74.87 million, a P/E ratio of -1.70 and a beta of 1.15. The company has a quick ratio of 0.63, a current ratio of 0.74 and a debt-to-equity ratio of 0.72. Beachbody has a twelve month low of $3.38 and a twelve month high of $12.66.

Institutional Investors Weigh In On Beachbody

A number of institutional investors have recently added to or reduced their stakes in BODI. Bard Associates Inc. bought a new stake in shares of Beachbody during the fourth quarter valued at approximately $32,000. Jane Street Group LLC bought a new position in shares of Beachbody during the fourth quarter worth $140,000. State Street Corp purchased a new position in Beachbody during the fourth quarter valued at $166,000. Cruiser Capital Advisors LLC purchased a new position in Beachbody during the third quarter valued at $117,000. Finally, Geode Capital Management LLC increased its holdings in Beachbody by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 32,503 shares of the company's stock valued at $337,000 after acquiring an additional 1,125 shares during the last quarter. 74.48% of the stock is owned by hedge funds and other institutional investors.

Beachbody News Roundup

Here are the key news stories impacting Beachbody this week:

• Positive Sentiment: Sidoti raised longer‑term forecasts — including FY2026 EPS to $1.15 (from $0.98) and increased future quarterly estimates (Q1 2027 and Q4 2027). This signals improved medium‑term profitability expectations. MarketBeat BODI
• Positive Sentiment: Noble Financial raised its FY2027 EPS view to $1.23 (from $1.05), implying stronger confidence in the company’s recovery trajectory beyond 2026. MarketBeat BODI
• Positive Sentiment: A Wall Street Zen upgrade (covered by AmericanBankingNews) provides a third‑party catalyst that can attract speculative interest and support sentiment. Beachbody NASDAQ: BODI Upgraded at Wall Street Zen
• Negative Sentiment: Sidoti trimmed near‑term earnings: Q1 2026 was reduced to $0.10 (from $0.15) and Q3 2026 to $0.47 (from $0.58), indicating potential pressure on near‑term results or conservative modeling. MarketBeat BODI
• Negative Sentiment: Noble forecasts a Q2 2026 loss (‑$0.08 per share) and a modest Q3 2026 recovery ($0.31), underscoring risk that early‑2026 quarters may disappoint. MarketBeat BODI

About Beachbody

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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