Guggenheim initiated coverage on Beachbody with a new price target
$BODY
Industrial Machinery/Components
Industrials
Guggenheim initiated coverage of Beachbody with a rating of Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/5/2022 | $2.27 | Neutral | Credit Suisse |
| 3/29/2022 | $2.40 | Neutral | BofA Securities |
| 3/4/2022 | $6.25 → $4.75 | Buy | DA Davidson |
| 11/17/2021 | $2.00 | Hold → Sell | Loop Capital |
| 11/16/2021 | $11.00 → $4.00 | Outperform → Neutral | Baird |
| 11/16/2021 | $11.00 → $4.00 | Outperform → Neutral | Robert W. Baird |
| 11/16/2021 | Buy → Neutral | Guggenheim | |
| 10/6/2021 | $6.50 | Neutral | Cantor Fitzgerald |
The Beachbody Company, Inc. (NYSE:BODI) ("BODi" or the "Company"), a leading subscription health and wellness company, today announced that it has sold its Van Nuys production facility which had a net carrying value of $4.8 million at December 31, 2023, for $6.2 million. Simultaneous with the sale, the Company entered into a five-year lease of the facility, with two options to extend the lease for a period of three years each. The Company used the net proceeds received from the sale to make a partial prepayment on its Term Loan of $5.5 million. The amounts related to the sale of the facility and the partial prepayment will be recorded in the quarter ended March 31, 2024. The Company also
The Beachbody Company, Inc. (NYSE:BODY) ("BODi" or the "Company"), today announced that its Class A common stock will begin trading on the New York Stock Exchange ("NYSE") under the new ticker symbol "BODI" prior to the market open on March 4, 2024. This will replace the company's current ticker symbol, "BODY". This new ticker symbol aligns with the company's rebrand from Beachbody to BODi, announced on March 9, 2023. The Company's Class A common stock, par value $0.0001 per share, will continue to be listed on the NYSE and the CUSIP will remain unchanged. About BODi and The Beachbody Company, Inc. Originally known as Beachbody, BODi has been innovating structured step-by-step home fitn
The Beachbody Company, Inc. (NYSE:BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, will release its fourth quarter and full year 2023 results on Monday, March 11, 2024, after the U.S. stock market closes. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results. The toll-free dial-in for the conference call is (833) 470 1428 (U.S. & Canada), or +1 929 526 1599 (all other locations). The conference ID is 485492. A live webcast of the conference call will also be available on the Company's investor relations website at https://investors.thebeachbodycompany.com/. For those unable to participate in the confe
4 - Beachbody Company, Inc. (0001826889) (Issuer)
4 - Beachbody Company, Inc. (0001826889) (Issuer)
4 - Beachbody Company, Inc. (0001826889) (Issuer)
SC 13D/A - Beachbody Company, Inc. (0001826889) (Subject)
SC 13D/A - Beachbody Company, Inc. (0001826889) (Subject)
SC 13D/A - Beachbody Company, Inc. (0001826889) (Subject)
Credit Suisse initiated coverage of Beachbody with a rating of Neutral and set a new price target of $2.27
BofA Securities initiated coverage of Beachbody with a rating of Neutral and set a new price target of $2.40
DA Davidson reiterated coverage of Beachbody with a rating of Buy and set a new price target of $4.75 from $6.25 previously
424B3 - Beachbody Company, Inc. (0001826889) (Filer)
10-K - Beachbody Company, Inc. (0001826889) (Filer)
8-K - Beachbody Company, Inc. (0001826889) (Filer)
The Beachbody Company, Inc. (NYSE:BODY) ("BODi" or the "Company"), a leading subscription health and wellness company, is thrilled to announce the appointment of Mark R. Goldston to the newly formed role of Executive Chairman of BODi's Board of Directors (the "Board"), effective June 15, 2023. In this strategic role, Mr. Goldston will be instrumental in partnering with the company's co-founder and CEO Carl Daikeler in guiding the Company's transformation, driving profitability, and leveraging its remarkable assets to unlock opportunities for growth. The appointment of Mr. Goldston marks an important milestone for BODi. With a proven track record as a turnaround expert, Mr. Goldston brings
Bilstad Joins Company with 25+ Years Experience Supporting Industry Disruptors LOS ANGELES, May 17, 2023 /PRNewswire/ -- Skyryse™, bringing trust, safety, and the accessibility of flight through a highly-automated and touchscreen flight control system, has named Blake Bilstad as the company's new Chief Legal Officer and Corporate Secretary. In this role, Bilstad will lead all legal matters for Skyryse as the company continues to develop its highly automated flight control system, including the protection of the company's intellectual property and innovative business model within the industry.
The Beachbody Company, Inc. (NYSE:BODY) (the "Company" or "Beachbody"), a leading subscription health and wellness company, today announced the appointment of Ann Lundy, Senior Vice President Corporate Finance and Internal Audit at Activision Blizzard, as a member of its Board of Directors and Chair of the Audit Committee effective January 3, 2023. Ann Lundy's appointment to the Board of Directors reflects an expansion in the number of board members from seven to eight, five of whom are independent. Carl Daikeler, Beachbody's Co-Founder, Chairman, and Chief Executive Officer, said, "We are delighted to welcome Ann to our Board of Directors. She is a solutions-oriented senior finance and st
The Beachbody Company, Inc. (NYSE:BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, will release its fourth quarter and full year 2023 results on Monday, March 11, 2024, after the U.S. stock market closes. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results. The toll-free dial-in for the conference call is (833) 470 1428 (U.S. & Canada), or +1 929 526 1599 (all other locations). The conference ID is 485492. A live webcast of the conference call will also be available on the Company's investor relations website at https://investors.thebeachbodycompany.com/. For those unable to participate in the confe
Delivered Third Quarter Revenue and Cash Used in Operations Ahead of the Midpoint of Guidance Reduced Our Cash Used in Operations to $0.2 Million from $6.5 Million in the Second Quarter Turnaround Plan Underway The Beachbody Company, Inc. (NYSE:BODY) ("BODi" or the "Company"), a leading subscription health and wellness company, today announced financial results for its third quarter ended September 30, 2023. "We are pleased with our third quarter results, with revenue, Adjusted EBITDA and cash used in operations once again within our guidance range. We are encouraged by the advancements we have made in our company transformation, particularly in our cost reduction efforts and reinve
The Beachbody Company, Inc. (NYSE:BODY) ("Beachbody" or the "Company"), a leading subscription health and wellness company, will release its third quarter 2023 results on Tuesday, November 7, 2023, after the U.S. stock market closes. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results. The toll-free dial-in for the conference call is (833) 470 1428 (U.S. & Canada), or +1 929 526 1599 (all other locations). The conference ID is 617252. A live webcast of the conference call will also be available on the Company's investor relations website at https://investors.thebeachbodycompany.com/. For those unable to participate in the conference call,
U.S. stocks were higher, with the Dow Jones index surging more than 200 points on Tuesday. Shares of Bioventus Inc. (NASDAQ:BVS) rose sharply during Tuesday’s session after the company reported better-than-expected quarterly financial results and issued FY24 net sales guidance above estimates. Bioventus posted adjusted earnings of 7 cents per share, beating market estimates of 2 cents per share. The company’s quarterly sales came in at $135.42 million, versus expectations of $123.96 million, according to data from Benzinga Pro. Bioventus shares surged 10.8% to $5.88 on Tuesday. Here are some other big stocks recording gains in today’s session. Ranpak Holdings Corp. (NASDAQ:PACK) shar
Gainers E-Home Household Service (NASDAQ:EJH) stock moved upwards by 28.0% to $0.67 during Thursday's regular session. The company's market cap stands at $10.0 million. Yunhong Green CTI (NASDAQ:YHGJ) shares rose 21.66% to $2.19. The market value of their outstanding shares is at $44.0 million. REE Automotive (NASDAQ:REE) shares moved upwards by 17.27% to $5.5. The company's market cap stands at $46.0 million. GreenTree Hospitality Gr (NYSE:GHG) shares rose 12.69% to $3.55. The company's market cap stands at $362.7 million. Hesai Gr (NASDAQ:HSAI) shares rose 9.42% to $8.36. The market value of their outstanding shares is at $1.0 billion. Fitell (NASDAQ:FTEL) stock moved upwards by 8.65
Gainers BT Brands (NASDAQ:BTBD) stock rose 29.7% to $2.46 during Tuesday's regular session. The market value of their outstanding shares is at $15.3 million. Rent the Runway (NASDAQ:RENT) shares moved upwards by 22.73% to $0.69. The company's market cap stands at $48.5 million. Jowell Global (NASDAQ:JWEL) shares increased by 20.38% to $2.24. The company's market cap stands at $4.7 million. BARK (NYSE:BARK) stock moved upwards by 14.09% to $0.88. The company's market cap stands at $158.3 million. Polished.com (AMEX:POL) stock rose 12.3% to $9.4. The market value of their outstanding shares is at $19.8 million. Beachbody Co (NYSE:BODY) stock rose 9.78% to $13.22. The market value of thei