Planet Fitness, Inc. (PLNT)
NYSE: PLNT · IEX Real-Time Price · USD
76.50
-0.25 (-0.33%)
Jul 19, 2024, 4:00 PM EDT - 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 77.69, with a low estimate of 45 and a high estimate of 100. The average target predicts an increase of 1.56% from the current stock price of 76.50.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 5 | 5 |
| Buy | 6 | 6 | 6 | 7 | 7 | 7 |
| Hold | 5 | 5 | 5 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $80 → $89 | Buy | Maintains | $80 → $89 | +16.34% | Jul 11, 2024 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $66 → $92 | Hold → Strong Buy | Upgrades | $66 → $92 | +20.26% | Jun 24, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $79 | Buy | Maintains | $79 | +3.27% | Jun 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $62 | Hold | Maintains | $62 | -18.95% | Jun 14, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $62 → $100 | Hold → Strong Buy | Upgrades | $62 → $100 | +30.72% | Jun 10, 2024 |
Financial Forecast
Revenue This Year
1.16B
from 1.07B
Increased by 7.81%
Revenue Next Year
1.28B
from 1.16B
Increased by 10.39%
EPS This Year
2.48
from 1.62
Increased by 52.86%
EPS Next Year
2.86
from 2.48
Increased by 15.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.4B | 1.6B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 19.1% | 25.3% |
| Avg | 7.8% | 10.4% | 11.7% |
| Low | 2.3% | 2.3% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.65 | 3.12 | 3.85 |
| Avg | 2.48 | 2.86 | 3.39 |
| Low | 2.35 | 2.54 | 2.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.3% | 25.9% | 35.0% |
| Avg | 52.9% | 15.3% | 18.6% |
| Low | 45.2% | 2.4% | -2.0% |
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.