Planet Fitness, Inc. (PLNT)
NYSE: PLNT · Real-Time Price · USD
78.91
-0.06 (-0.08%)
Nov 4, 2024, 4:00 PM EST - Market closed
Planet Fitness Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Planet Fitness stock have an average target of 83.81, with a low estimate of 62 and a high estimate of 100. The average target predicts an increase of 6.21% from the current stock price of 78.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Planet Fitness stock from 16 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 5 | 5 | 5 | 5 |
| Buy | 7 | 7 | 7 | 8 | 7 | 7 |
| Hold | 6 | 4 | 4 | 4 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 17 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $84 → $89 | Buy | Maintains | $84 → $89 | +12.79% | Oct 29, 2024 |
| Stifel | Stifel | Hold Maintains $70 → $75 | Hold | Maintains | $70 → $75 | -4.96% | Oct 16, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $71 | Hold | Initiates | $71 | -10.02% | Sep 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | +26.73% | Sep 6, 2024 |
| Baird | Baird | Buy Maintains $92 | Buy | Maintains | $92 | +16.59% | Aug 26, 2024 |
Financial Forecast
Revenue This Year
1.15B
from 1.00B
Increased by 15.25%
Revenue Next Year
1.28B
from 1.15B
Increased by 10.66%
EPS This Year
2.49
from 1.62
Increased by 53.58%
EPS Next Year
2.89
from 2.49
Increased by 16.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.5B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 16.9% | 17.9% |
| Avg | 15.2% | 10.7% | 11.4% |
| Low | 8.2% | 3.4% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.65 | 3.11 | 3.74 |
| Avg | 2.49 | 2.89 | 3.39 |
| Low | 2.35 | 2.63 | 3.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.3% | 24.9% | 29.4% |
| Avg | 53.6% | 16.1% | 17.4% |
| Low | 45.2% | 5.6% | 4.4% |
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.