The Beachbody Co. Inc. (BODY) PT Lowered to $6.25 at DA Davidson

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UPDATE: Guggenheim Downgrades The Beachbody Co. Inc. (BODY) to Neutral

November 16, 2021 6:03 AM EST

(Updated - November 16, 2021 6:04 AM EST)

Guggenheim analyst John Heinbockel downgraded The Beachbody Co. Inc. (NYSE: BODY) from Buy to Neutral.

The analyst comments "We continue to believe in the L-T growth potential of the platform, especially as a value operator with... More

UPDATE: Baird Downgrades The Beachbody Co. Inc. (BODY) to Neutral

November 16, 2021 3:36 AM EST

(Updated - November 16, 2021 6:15 AM EST)

Baird analyst Jonathan Komp downgraded The Beachbody Co. Inc. (NYSE: BODY) from Outperform to Neutral with a price target of $4.00 (from $11.00).

The analyst comments "Downgrading to Neutral following disappointing series of updates which materially reduce... More

After-Hours Stock Movers 11/15: (AXON) (RMO) (RPRX) Higher; (BODY) (OPTN) (CLOV) Lower (more...)

November 15, 2021 6:02 PM EST

After-Hours Stock Movers:

Beachbody Company (NYSE: BODY) 21% LOWER; reported Q3 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $208.1 million versus the consensus estimate of $246.93 million. Beachbody Company sees FY2021 revenue of $820-830 million, versus the consensus of $964 million.

Axon Enterprise, Inc. (NASDAQ: AXON) 19% HIGHER; reported revenue growth of 39% to $232 million, and GAAP net income of $49 million, which supported Adjusted EBITDA of $51 million, representing a 22% margin. Net income was favorably... More

Beachbody Company (BODY) Tops Q3 EPS by 2c

November 15, 2021 4:09 PM EST

Beachbody Company (NYSE: BODY) reported Q3 EPS of ($0.13), $0.02 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $208.1 million versus the consensus estimate of $246.93 million.

GUIDANCE:

Beachbody Company sees FY2021 revenue of $820-830 million, versus the consensus of... More