The Beachbody Company, Inc.

The Beachbody Company, Inc.

BODI·NYSE

$8.14

+1.2%
Communication ServicesInternet Content & Information

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.

At a Glance

Live Snapshot
Market Cap$57.69M
EPS-10.5100
P/E Ratio-0.77
Earnings Date03/26/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -0.8).

Valuation inputs: P/E -0.8, earnings yield N/A, momentum +1.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.5%, ROIC -1.2%).

Profitability stack: net margin -17.1%, ROE -2.5%, ROIC -1.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +83.9%, momentum +1.2%, net margin -17.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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The Beachbody Company, Inc. Market vs Earnings Trajectory

BODI · NYSE

Loading price and EPS data...

The Beachbody Company, Inc.

The Beachbody Company, Inc. Fair Value Envelope

BODI · NYSE

Our analysis suggests that BODI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.14, this represents a potential HIDDEN relative to our calculated worth for The Beachbody Company, Inc..

Intrinsic Value
Current Price: $8.14
3Y-75.0%
5Y-142.0%
10Y-42.0%
3Y-52.0%
5Y-45.0%
10Y-47.0%
3Y-69.0%
5Y-322.0%
10Y+231.0%
3Y-101.0%
5Y-94.0%
10Y-96.0%
3Y-99.0%
5Y-111.0%
10Y-105.0%
3Y-73.0%
5Y-40.0%
10Y-30.0%
The Beachbody Company, Inc.

The Beachbody Company, Inc. Profit Bridge

BODI · NYSE
Revenue418.80M
Cost of Goods Sold (131.45M)
Gross Profit287.34M
Operating Expenses (353.55M)
Operating Income-66.21M
Interest Expense (6.88M)
Other Income/Expense-5.20M
Pretax Income-71.40M
Income Tax (239.00K)
Net Income-71.64M
Net Income
-71.64M

Profitability Analysis

Gross Margin

68.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-15.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-17.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

68.61%
Gross Profit Margin
12%
3Y+10.0%
5Y-5.0%
10Y-3.0%
-15.81%
Operating Profit Margin
-41%
3Y-54.0%
5Y-672.0%
10Y-2201.0%
-17.11%
Net Profit Margin
-41%
3Y-35.0%
5Y-505.0%
10Y+525.0%
-254.32%
Return on Equity
38%
3Y+329.0%
5Y-796.0%
10Y+480.0%
-41.04%
Return on Assets
-26%
3Y+15.0%
5Y-474.0%
10Y+375.0%
-115.02%
Return on Invested Capital
-1%
3Y+67.0%
5Y-553.0%
10Y-91.0%
BODI

The Beachbody Company, Inc. Cash Conversion Engine

BODI · NYSE
Net Income-71.64M
Depreciation & Amortization47.11M
Stock-Based Compensation0.00
Change in Working Capital-17.99M
Others45.09M
Capital Expenditures-4.54M
Free Cash Flow-1.98M

Cash Flow Quality Analysis

FCF Conversion Rate

2.8%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

177.3%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+93.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$17.99M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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The Beachbody Company, Inc. Funding & Solvency Profile

BODI · NYSE
Cash & Cash Equivalents33.95M
Net Receivables7.53M
Inventory11.15M
Other Current Assets7.75M
Total Current Assets60 M
Property, Plant & Equipment11.69M
Goodwill & Intangible Assets65.17M
Long-Term Investments0.00
Other Non-Current Assets9.18M
Total Non-Current Assets21 M
Total Assets
146.41M

Financial Health Analysis

Current Ratio

0.65x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

4.93x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-32702000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

41% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

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The Beachbody Company, Inc. Street Expectations Map

BODI · NYSE

Wall Street analysts project that BODI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 13.50, with estimates ranging from a low of 13.00 to a high of 14.00.

Lowest Target
13.00
59.71%
Consensus Target
13.50
65.85%
Highest Target
14.00
71.99%

The consensus 1-year price target stands at 13.50, with estimates ranging from a low of 13.00 to a high of 14.00.

Analyst Consensus Analysis

Upside Potential

+65.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

7.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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The Beachbody Company, Inc. Insider Positioning

BODI · NYSE

During the last 12 months, there has been no insider trading activity reported for BODI.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.00%
Dividend Yield
3Y-
5Y-
10Y-100.0%
 

bodi Dividend History

BODI
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%