Beachbody Stock (BODY) Is A Winner… Here’s Why

Beachbody is now a publicly traded company under the ticker BODY.

And now IS the time to pick up some shares if you haven’t already. (At the time of this writing (7/30/21), it’s currently trading at $8.90 a share.)

*Disclaimer – This is NOT financial advice. All investments involve risk and it is possible to lose money in the stock market. (I know, “Duh”, right?)

With that being said, I do believe there is huge potential for growth with this stock at where it is currently priced. In this post I explain why.

If you’re in a hurry and just want to take action and don’t need reasoning (I like your style), simply follow the 2 steps below.

  • Step 1 – If you’re not already a Beachbody On Demand member, start your FREE TRIAL HERE.
  • Step 2 – If you don’t have a stock trading account yet, open one up with Robinhood today and CLAIM YOUR FREE STOCK HERE.

And If you’re curious and want more details, read on…

Details Of The Beachbody Becoming A Public Company

Recently Beachbody merged with MYXFitness, which sells a fitness bike (think Peloton quality, but at a much affordable price).

Introducing The MYX II Plus

  • Total fitness system for body and mind
  • Stationary Star Trac Bike
  • Sleek, interactive touchscreen tablet (21.5”)
  • Dozens of motivating, world-class trainers
  • Thousands of workouts with new sessions added weekly
  • In-workout data including heart rate, speed, cadence, and distance
  • Polar OH1 Heart Rate Monitor
  • Pairing capability with Apple Watch
  • 6-piece weight set with kettlebell (weight rack not included)
  • Stabilizing Mat
  • Exercise Mat
  • EVA Foam Roller (24”)
  • Resistance Band
  • (MYX Membership separate at $29/mo + tax)
myxfitness bike
The MYX II PLUS

SEE ALSO: Why The MYX Bike IS Better Than Peloton’s (AND CHEAPER)

So after the merger, Beachbody is now The Beachbody Company, and it’s a combination of Beachbody (all of the original workouts, Beachbody On Demand, Shakeology, and all of the supplements that they’ve always had), MYXFitness (bike offering), and OpenFit (an on demand fitness platform similar to Beachbody On Demand.)

Beachbody’s been a profitable company for over 20 years and is poised for continued growth in the “workout at home” market.

Here’s why I believe the stock BODY is currently undervalued.

There are roughly 300M shares outstanding.

Projected revenue is:

  • 2021: $1.12B
  • 2022: $1.45B
  • 2023: $1.95B
  • 2024: $2.63B
  • 2025: $3.29B

Now Let’s Compare Beachbody’s Numbers (Revenue/Stock Price) to Peloton’s

Peloton (PTON) is currently trading at an 18x multiplier of its 2020 revenue and has been as high as 24x earlier this year. If BODY can trade around a conservative 8x multiple of 2020 revenue ($880M), that would put the stock price around $23.46 per share. ($880M x 8 = $7,040,000,000 / 300,000,000 shares = $23.46 per share).

Take the same equation for the projected revenue with an 8x multiplier:

  • 2021: $29.86
  • 2022: $38.67
  • 2023: $52.00
  • 2024: $70.13
  • 2025: $87.73

Now take the same equation with an 18x multiplier and I think we have our range for this stock over the next 5 years:

  • 2021: $67.18
  • 2022: $87.01
  • 2023: $117.00
  • 2024: $157.79
  • 2025: $197.39

Take A Look At The Chart Below:

Beachbody VS Peloton
Beachbody VS Peloton (Valuation/Subscribers)

Am I missing something? Clearly Beachbody is undervalued (or Peloton is extremely overvalued).

What this chart is showing is that although Beachbody has almost the same amount of monthly subscribers as Peloton, Peloton’s value is much higher than Beachbody’s. These numbers are from before the merger with MYX. The bike has not even been released to the network of Coaches (over 400,000 loyal Beachbody fans) or to the millions of customers Beachbody has generated over the past 20 years yet.

The bike will be available to the Beachbody network sometime in September. My prediction that that Q3 numbers will be HUGE.

*Beachbody’s numbers have increased, according to their website the have 3.2 million subscribers – (https://investors.thebeachbodycompany.com/overview/default.aspx)

Lebron & Schwarzenegger!?

Yes, Lebron James & Arnold Schwarzenegger are involved, see how in the article here: https://www.cnbc.com/2020/12/02/lebron-james-arnold-schwarzeneggers-sell-nutrition-company-to-openfit.html

So many exciting things on the horizon!

*Full disclosure – Of course I’m biased, I’ve been a Beachbody Coach for over 10 years. But I truly love their workout, the Beachbody On Demand platform, and I drink Shakeology daily. I also have a hefty amount invested in BODY stock.

Get on this train or get let behind!

  • Step 1 – If you’re not already a Beachbody On Demand member, start your FREE TRIAL HERE.
  • Step 2 – If you don’t have a stock trading account yet, open one up with Robinhood today and CLAIM YOUR FREE STOCK HERE.

Once your Robinhood account is setup up, it’s super simple to buy BODY.

Of course this isn’t a “get rich quick” type of deal. But I believe those that get in NOW, and hold for a couple of years, will be very happy.