Planet Fitness, Inc. (PLNT)
NYSE: PLNT · Real-Time Price · USD
101.53
+1.51 (1.51%)
Nov 22, 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 89.47, with a low estimate of 62 and a high estimate of 110. The average target predicts a decrease of -11.88% from the current stock price of 101.53.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 7 | 7 | 8 | 7 | 7 | 7 |
| Hold | 4 | 4 | 4 | 5 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 17 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy → Hold Downgrades $91 → $99 | Buy → Hold | Downgrades | $91 → $99 | -2.49% | Nov 8, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $92 → $110 | Strong Buy | Maintains | $92 → $110 | +8.34% | Nov 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $87 → $110 | Buy | Maintains | $87 → $110 | +8.34% | Nov 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | -11.36% | Nov 8, 2024 |
| Baird | Baird | Buy Maintains $92 → $110 | Buy | Maintains | $92 → $110 | +8.34% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
1.25B
from 1.00B
Increased by 24.44%
Revenue Next Year
1.38B
from 1.25B
Increased by 10.35%
EPS This Year
2.52
from 1.62
Increased by 55.54%
EPS Next Year
2.93
from 2.52
Increased by 16.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.6B | 2.9B | 1.5B |
| Avg | 1.2B | 1.4B | 1.4B |
| Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 155.9% | 134.3% | 9.5% |
| Avg | 24.4% | 10.4% | 4.1% |
| Low | 8.2% | -3.3% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.65 | 3.28 | 3.74 |
| Avg | 2.52 | 2.93 | 3.41 |
| Low | 2.36 | 2.63 | 3.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.3% | 30.0% | 27.7% |
| Avg | 55.5% | 16.2% | 16.4% |
| Low | 45.4% | 4.3% | 3.0% |
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.