The Beachbody Company, Inc. (BODI) AI Stock Analysis
BODI AI stock analysis summary
AI ResearchThe Beachbody Company, Inc. (BODI) provides digital fitness, nutrition, and wellness subscriptions alongside branded nutritional products. While annual revenue has contracted from $873.6M in FY2021 to $251.7M in FY2025, gross margin improved to 73.0% and operating cash flow reached $21.8M. The company maintains a market cap of $32.1M and net cash of $11.8M as of June 30, 2026.
- Market cap
- $32.1M
- Revenue (TTM)
- $219.3M
- P/E
- 2.5x fwd 6.4x
- 1Y return
- -18.2% S&P 500 16.8%
- Avg. target
- $17.00 285.5% vs last close
Bull case
- Gross margin reached 73.0% in FY2025, up from 62.4% in FY2021.
- Free cash flow turned positive at $17.4M in FY2025, supported by $21.8M in operating cash flow.
- The balance sheet held $11.8M in net cash as of June 30, 2026, with cash of $36.6M exceeding total debt of $24.9M.
Bear case
- Revenue fell 39.9% in FY2025 to $251.7M and dropped another 22.4% year-over-year in the quarter ended June 30, 2026.
- The current ratio stood at 0.79 as of June 30, 2026, reflecting short-term liquidity constraints.
- The stock has declined 57.4% year-to-date and sits 53.2% below its 200-day moving average.
What Beachbody does
Founded in 1998 and based in El Segundo, California, The Beachbody Company, Inc. is a subscription-based health and wellness enterprise. Its digital ecosystem features Beachbody on Demand for live and on-demand fitness and nutrition programs, and Beachbody on Demand Interactive (BODi) for interactive live workouts. The company also offers nutritional items, including Shakeology nutrition shakes, Beachbody Performance supplements, BEACHBAR snack bars, and LADDER products. Additionally, it sells connected fitness hardware through the BODi Bike Studio subscription package.
Growth and profitability
Revenue decreased from $873.6M in FY2021 to $251.7M in FY2025, with revenue falling 39.9% in FY2025 alone. However, gross margin expanded over that span from 62.4% to 73.0%. Operating margin turned positive at 3.2% in FY2025 compared to -34.0% in FY2021, and net income narrowed from -$228.4M to -$2.9M. For the trailing twelve months ended June 30, 2026, revenue stood at $219.3M with an operating margin of 3.4% and diluted EPS of $1.73, despite quarterly revenue falling 22.4% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, the company held $36.6M in cash and short-term investments against total debt of $24.9M, leaving net cash of $11.8M. Shareholders' equity was $37.2M, total assets were $136.5M, and the current ratio was 0.79. In FY2025, operating cash flow was $21.8M and free cash flow turned positive at $17.4M after capital expenditures of $4.4M. Over the past five years, the share count increased by 27.7%.
Valuation and performance
At a share price of $4.41, BODI trades at a trailing P/E of 2.5x and a forward P/E of 6.4x, compared to the median of its US-listed Communication Services peers of 16.2x trailing and 14.1x forward. Its enterprise value of $28.3M yields an EV/EBITDA of 0.9x versus the peer median of 10.0x, and its price-to-sales stands at 0.1x against the 0.8x peer median. Over the trailing 12 months, the stock declined 18.2%, trailing the S&P 500 return of 16.8%.
What analysts expect
Wall Street coverage includes 3 Strong Buy ratings and 1 Hold rating. The mean price target is $17.00, representing an upside of 285.5% over the last close of $4.41. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.41 and revenue of $197.6M. BODI has beaten EPS estimates in each of the last 4 quarters, and its next earnings release is scheduled for November 9, 2026.
Key risks and what to watch
- Top-line contraction remains steep, reflecting a 5-year revenue CAGR of -21.9% through FY2025.
- A current ratio of 0.79 indicates working capital pressure despite having $36.6M in cash.
- Shareholder dilution has occurred over time, with the share count expanding 27.7% over 5 years.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BODI AI stock analysis
This page is an AI-written research summary of The Beachbody Company, Inc. (BODI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BODI income statement, BODI balance sheet, BODI key metrics, BODI analyst forecast, BODI chart. See the BODI stock overview for the latest quote and news.
BODI AI stock analysis FAQ
What were Beachbody's FY2025 financial results?
In FY2025, Beachbody generated $251.7M in revenue, reflecting a 39.9% decline. Gross margin expanded to 73.0%, operating income reached an operating margin of 3.2%, and net income improved to -$2.9M.
What is BODI's debt and cash position?
As of June 30, 2026, the company held $36.6M in cash and short-term investments alongside $24.9M in total debt, resulting in net cash of $11.8M.
What is the consensus analyst target for BODI stock?
Analysts have a mean price target of $17.00, which is 285.5% above the closing price of $4.41 on October 16, 2026.
Does BODI pay a dividend?
No, The Beachbody Company, Inc. does not currently pay a dividend.