Planet Fitness, Inc. (PLNT)
NYSE: PLNT · Real-Time Price · USD
99.76
-0.73 (-0.73%)
Dec 27, 2024, 4:00 PM EST - Market closed
Planet Fitness Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Planet Fitness stock have an average target of 91.53, with a low estimate of 71 and a high estimate of 120. The average target predicts a decrease of -8.25% from the current stock price of 99.76.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Planet Fitness stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 7 | 8 | 7 | 7 | 7 | 7 |
| Hold | 4 | 4 | 5 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 17 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $110 → $120 | Buy | Maintains | $110 → $120 | +20.29% | Dec 17, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $70 → $87 | Hold | Maintains | $70 → $87 | -12.79% | Nov 29, 2024 |
| Macquarie | Macquarie | Buy → Hold Downgrades $91 → $99 | Buy → Hold | Downgrades | $91 → $99 | -0.76% | Nov 8, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $92 → $110 | Strong Buy | Maintains | $92 → $110 | +10.26% | Nov 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $87 → $110 | Buy | Maintains | $87 → $110 | +10.26% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
1.19B
from 1.00B
Increased by 18.54%
Revenue Next Year
1.30B
from 1.19B
Increased by 9.35%
EPS This Year
2.55
from 1.62
Increased by 57.42%
EPS Next Year
2.98
from 2.55
Increased by 16.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.4B | 1.5B | |
| Avg | 1.2B | 1.3B | 1.4B | |
| Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.3% | 15.6% | 16.7% | |
| Avg | 18.5% | 9.4% | 10.2% | |
| Low | 12.2% | 2.3% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.72 | 3.28 | 3.92 | |
| Avg | 2.55 | 2.98 | 3.46 | |
| Low | 2.39 | 2.69 | 3.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 67.9% | 28.5% | 31.4% | |
| Avg | 57.4% | 16.9% | 16.1% | |
| Low | 47.6% | 5.3% | 2.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.