Sidoti Issues Optimistic Forecast for Beachbody Earnings

The Beachbody Company, Inc. (NASDAQ:BODI) – Investment analysts at Sidoti upped their Q2 2027 earnings per share estimates for shares of Beachbody in a report issued on Wednesday, November 11th. Sidoti analyst A. Hantman now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their previous estimate of $0.06. The consensus estimate for Beachbody’s current full-year earnings is $0.22 per share. Sidoti also issued estimates for Beachbody’s Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.14 EPS and FY2027 earnings at $0.40 EPS.

Several other brokerages also recently weighed in on BODI. Wall Street Zen downgraded shares of Beachbody from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Canaccord Genuity Group reduced their target price on Beachbody from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings downgraded shares of Beachbody from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, October 6th. Finally, Roth Capital reaffirmed a “neutral” rating and set a $9.00 target price on shares of Beachbody in a report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.00.

Beachbody Trading Down 2.7%

NASDAQ:BODI opened at $3.25 on Friday. Beachbody has a 52 week low of $3.16 and a 52 week high of $16.87. The firm has a 50 day moving average of $4.66 and a 200 day moving average of $8.82. The company has a quick ratio of 0.61, a current ratio of 0.79 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $23.66 million, a price-to-earnings ratio of 2.17 and a beta of 0.96.

Beachbody (NASDAQ:BODI) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $49.61 million for the quarter. Beachbody had a return on equity of 30.91% and a net margin of 5.95%.

Institutional Trading of Beachbody

Institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC purchased a new position in shares of Beachbody during the 2nd quarter valued at approximately $145,000. Citadel Advisors LLC grew its stake in Beachbody by 104.6% in the 2nd quarter. Citadel Advisors LLC now owns 37,531 shares of the company’s stock valued at $384,000 after acquiring an additional 19,189 shares during the period. Renaissance Technologies LLC grew its stake in Beachbody by 94.9% in the 1st quarter. Renaissance Technologies LLC now owns 102,864 shares of the company’s stock valued at $1,117,000 after acquiring an additional 50,095 shares during the period. Finally, Dimensional Fund Advisors LP purchased a new stake in Beachbody in the 1st quarter worth $111,000. 74.48% of the stock is currently owned by hedge funds and other institutional investors.

About Beachbody

Beachbody, operating under the BODi brand, is a digital fitness and wellness company that provides at-home workout programs, nutrition guidance and related products through online and mobile platforms. Its offerings are designed to support exercise, weight management and broader healthy-lifestyle goals. The company’s portfolio has included on-demand workout content led by professional trainers, personalized fitness and nutrition programs, meal-planning resources, supplements and other wellness products.