Beachbody (NASDAQ:BODI) Posts Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Beachbody (NASDAQ:BODI) issued its quarterly earnings data on Tuesday. The company reported $0.32 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.40, Zacks reports. The business had revenue of $54.28 million for the quarter, compared to the consensus estimate of $51.77 million. Beachbody had a return on equity of 36.72% and a net margin of 2.21%.

Here are the key takeaways from Beachbody’s conference call:

• BODi delivered a profitable Q1, with revenue of $54.3 million above guidance, net income of $2.3 million, operating income of $3.1 million, and its 10th straight quarter of positive adjusted EBITDA at $8.0 million.
• The company said its legacy MLM revenue will mostly wash out by Q3 2026, which should make year-over-year comparisons cleaner and provide a better read on the new omni-channel business model.
• Management emphasized a major pivot toward nutrition and retail distribution, highlighting Shakeology, P90X supplements, and energy drinks as a much larger market opportunity than digital fitness.
• The company announced growing retail traction for Shakeology, including Sprouts, KeHE, and The Vitamin Shoppe, with The Vitamin Shoppe carrying all five flavors across more than 640 stores later this year.
• For Q2 2026, BODi guided to revenue of $46 million-$51 million, net income of -$3 million to breakeven, and adjusted EBITDA of $3 million-$6 million, while noting the business is still early in its transition.

Beachbody Stock Performance

Beachbody stock traded up $0.34 during midday trading on Thursday, reaching $12.95. 52,535 shares of the company’s stock were exchanged, compared to its average volume of 62,706. Beachbody has a 52 week low of $3.38 and a 52 week high of $16.87. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.63 and a current ratio of 0.74. The firm has a market cap of $92.95 million, a price-to-earnings ratio of 19.32 and a beta of 1.11. The stock’s 50-day simple moving average is $11.80 and its 200 day simple moving average is $10.03.

Analysts Set New Price Targets

Several analysts recently commented on BODI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beachbody in a research note on Friday, March 27th. Canaccord Genuity Group lifted their price target on Beachbody from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Craig Hallum initiated coverage on Beachbody in a research note on Monday, March 2nd. They issued a “buy” rating and a $15.00 price target on the stock. Wall Street Zen downgraded Beachbody from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Noble Financial reissued an “outperform” rating on shares of Beachbody in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $15.67.

Hedge Funds Weigh In On Beachbody

A number of hedge funds and other institutional investors have recently bought and sold shares of BODI. Cruiser Capital Advisors LLC bought a new stake in shares of Beachbody during the third quarter worth approximately $117,000. Jane Street Group LLC bought a new stake in shares of Beachbody during the fourth quarter worth approximately $140,000. State Street Corp bought a new stake in shares of Beachbody during the fourth quarter worth approximately $166,000. Geode Capital Management LLC boosted its holdings in shares of Beachbody by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 32,503 shares of the company’s stock worth $337,000 after acquiring an additional 1,125 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Beachbody by 54.0% during the fourth quarter. Renaissance Technologies LLC now owns 52,769 shares of the company’s stock worth $547,000 after acquiring an additional 18,505 shares during the period. Institutional investors own 74.48% of the company’s stock.

Beachbody Company Profile

Beachbody is a consumer-oriented health and fitness company based in Santa Monica, California. Founded in 1998 by Carl Daikeler and Jon Congdon, the company originally gained prominence through at-home workout programs distributed on DVD. Over time, Beachbody has transitioned much of its content delivery to a subscription-based digital platform, offering on-demand streaming of exercise routines, meal plans and wellness coaching.

The company’s portfolio includes a range of branded fitness programs—such as P90X, Insanity, 21 Day Fix and Body Beast—alongside nutrition and supplement products marketed under the Beachbody Nutrition brand.