Beachbody (NYSE:BODI) Rating Lowered to “Hold” at Roth Capital

Beachbody (NYSE:BODI) was downgraded by equities researchers at Roth Capital from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Roth Capital also issued estimates for Beachbody’s FY2026 earnings at ($5.33) EPS.

A number of other research firms also recently issued reports on BODI. Roth Mkm restated a “neutral” rating and set a $7.00 target price (down from $12.00) on shares of Beachbody in a research report on Tuesday. Canaccord Genuity Group reaffirmed a “buy” rating and set a $13.00 price objective on shares of Beachbody in a research note on Friday, March 28th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.00.

Beachbody Price Performance

Shares of Beachbody stock opened at $7.42 on Tuesday. Beachbody has a 1-year low of $5.14 and a 1-year high of $10.80. The firm’s 50-day moving average price is $7.35 and its two-hundred day moving average price is $6.71. The company has a current ratio of 0.64, a quick ratio of 0.52 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $51.38 million, a price-to-earnings ratio of -0.47 and a beta of 1.13.

Beachbody (NYSE:BODI) last released its quarterly earnings results on Thursday, March 27th. The company reported ($1.89) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.88) by $0.99. Beachbody had a negative return on equity of 94.29% and a negative net margin of 22.62%. The business had revenue of $86.37 million during the quarter, compared to analysts’ expectations of $81.71 million. On average, equities analysts predict that Beachbody will post -8.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Beachbody

A number of hedge funds and other institutional investors have recently bought and sold shares of BODI. Raine Capital LLC acquired a new stake in shares of Beachbody in the third quarter valued at approximately $4,287,000. Rockefeller Capital Management L.P. acquired a new stake in Beachbody during the 3rd quarter valued at $625,000. Summit Financial LLC bought a new position in Beachbody during the fourth quarter worth $104,000. Finally, Raine Group LLC acquired a new position in shares of Beachbody in the third quarter valued at $25,000. Institutional investors own 74.48% of the company’s stock.

Beachbody Company Profile

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.