What is Beachbody Company, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Beachbody Company, Inc.'s reported free cash flow gives $26.39 per share. The share price was $4.74 on September 28, 2026, 82% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -10.0% | 10.0% | $17.13 | +262% |
| Base | -5.0% | 9.0% | $26.39 | +457% |
| Bull | 0.0% | 8.0% | $43.64 | +822% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $32.55 | $34.36 | $36.57 | $39.34 | $42.90 |
| 8.0% | $28.00 | $29.18 | $30.57 | $32.23 | $34.27 |
| 9.0% | $24.66 | $25.46 | $26.39 | $27.47 | $28.75 |
| 10.0% | $22.09 | $22.66 | $23.31 | $24.05 | $24.90 |
| 11.0% | $20.05 | $20.47 | $20.94 | $21.46 | $22.06 |
Where the presets come from
Base: years 1 to 5 grow at Beachbody Company, Inc.'s revenue growth rate over the last 5 fiscal years (-21.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions