​

Planet Fitness (PLNT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PLNT Stock Forecast

Planet Fitness stock forecast is as follows: an average price target of $86.71 (represents a -19.35% downside from PLNT’s last price of $107.51) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

PLNT Price Target

The average price target for Planet Fitness (PLNT) is $86.71 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $71.00. This represents a potential -19.35% downside from PLNT's last price of $107.51.

PLNT Analyst Ratings

Buy

According to 13 Wall Street analysts, Planet Fitness's rating consensus is 'Buy'. The analyst rating breakdown for PLNT stock is 1 'Strong Buy' (7.69%), 10 'Buy' (76.92%), 2 'Hold' (15.38%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Planet Fitness Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 29, 2024Linda Bolton WeiserD.A. Davidson$87.00$100.89-13.77%-19.08%
Nov 08, 2024Simeon SiegelBMO Capital$100.00$79.4225.91%-6.99%
Oct 16, 2024Chris O'CullStifel Nicolaus$75.00$82.77-9.39%-30.24%
Sep 27, 2024Chris WoronkaDeutsche Bank$71.00$82.73-14.18%-33.96%
Sep 05, 2024Laurent VasilescuBNP Paribas$97.00$80.6720.24%-9.78%
Aug 26, 2024Jonathan KompRobert W. Baird$92.00$81.0713.48%-14.43%
Aug 07, 2024Linda Bolton WeiserD.A. Davidson$70.00$75.74-7.58%-34.89%
Aug 07, 2024Simeon SiegelBMO Capital$87.00$75.7414.87%-19.08%
Aug 07, 2024John HeinbockelGuggenheim$85.00$76.4011.26%-20.94%
Jun 24, 2024Joshua ReillyNeedham$40.00$74.43-46.26%-62.79%
Jun 13, 2024Linda Bolton WeiserD.A. Davidson$62.00$72.50-14.48%-42.33%
Jun 10, 2024Randal KonikJefferies$100.00$71.2240.41%-6.99%
May 10, 2024Paul GoldingMacquarie$76.00$64.0318.69%-29.31%
May 10, 2024Chris O'CullStifel Nicolaus$70.00$65.327.16%-34.89%
May 09, 2024Christopher CarrilRBC Capital$77.00$65.3217.88%-28.38%
Mar 20, 2024Megan AlexanderMorgan Stanley$79.00$56.9138.82%-26.52%
Mar 19, 2024Chris O\'CullStifel Nicolaus$80.00$56.4641.69%-25.59%
Oct 31, 2023Chris O'CullStifel Nicolaus$65.00$55.7616.57%-39.54%
Jun 27, 2023Linda Bolton WeiserD.A. Davidson$67.00$67.06-0.09%-37.68%
May 19, 2023Christopher CarrilRBC Capital$86.00$68.5225.51%-20.01%
Nov 16, 2022Cowen & Co.$90.00$74.7020.48%-16.29%
Nov 16, 2022Raymond James$92.00$76.7119.93%-14.43%
Nov 14, 2022Morgan Stanley$88.00$72.5021.37%-18.15%
Nov 11, 2022D.A. Davidson$99.00$72.2537.02%-7.92%
Sep 26, 2022Joseph AltobelloRaymond James$70.00$57.3522.06%-34.89%
May 13, 2022Georg KellyRoth Capital$95.00$70.5034.75%-11.64%
May 13, 2022John IvankoeNew Street$90.00$72.5524.05%-16.29%
Mar 19, 2022Warren ChengEvercore ISI$130.00$86.4350.41%20.92%
Jan 12, 2022Brian HarbourMorgan Stanley$106.00$92.6214.45%-1.40%
Jan 12, 2022Linda Bolton WeiserD.A. Davidson$110.00$92.6218.76%2.32%
Nov 08, 2021George KellyRoth Capital$110.00$95.9114.69%2.32%
Nov 05, 2021James HardimanCitigroup$85.00$95.73-11.21%-20.94%
Nov 04, 2021John HeinbockelGuggenheim$103.00$92.2511.65%-4.19%
Aug 09, 2021Alexander PerryBank of America Securities$92.00$74.2623.89%-14.43%
May 07, 2021Peter KeithPiper Sandler$82.00$77.146.30%-23.73%

The latest Planet Fitness stock forecast, released on Nov 29, 2024 by Linda Bolton Weiser from D.A. Davidson, set a price target of $87.00, which represents a -13.77% decrease from the stock price at the time of the forecast ($100.89), and a -19.08% decrease from PLNT last price ($107.51).

Planet Fitness Price Target by Period

1M3M12M
# Anlaysts-217
Avg Price Target-$93.50$79.29
Last Closing Price$107.51$107.51$107.51
Upside/Downside-100.00%-13.03%-26.25%

In the current month, the average price target of Planet Fitness stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Planet Fitness's last price of $107.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024Morgan StanleyOverweightOverweightHold
Oct 23, 2024Cowen & Co.BuyBuyHold
Sep 27, 2024Deutsche BankHoldInitialise
Sep 05, 2024Exane BNP ParibasNeutralOutperformUpgrade
Aug 07, 2024MacquarieOutperformOutperformHold
Aug 07, 2024RBC CapitalOutperformOutperformHold
Aug 07, 2024BMO CapitalOutperformOutperformHold
Aug 07, 2024GuggenheimBuyBuyHold
Jul 11, 2024Piper SandlerOverweightOverweightHold
Jun 24, 2024Cowen & Co.HoldBuyUpgrade
Jun 14, 2024Morgan StanleyOverweightOverweightHold
Jun 10, 2024JefferiesBuyUpgrade
May 10, 2024MacquarieOutperformOutperformHold
May 10, 2024Raymond JamesStrong BuyStrong BuyHold
May 09, 2024RBC CapitalOutperformOutperformHold
Apr 22, 2024Cowen & Co.HoldHoldHold
Apr 01, 2024Morgan StanleyOverweightOverweightHold
Jun 27, 2023D.A. DavidsonHoldHoldHold
May 19, 2023RBC CapitalOutperformInitialise
Dec 22, 2022Piper SandlerOverweightOverweightHold
Nov 16, 2022Cowen & Co.OutperformOutperformHold
Nov 16, 2022Raymond JamesStrong BuyStrong BuyHold
Nov 14, 2022Morgan StanleyOverweightOverweightHold
Oct 25, 2022Piper SandlerOverweightUpgrade
Sep 26, 2022Raymond JamesStrong BuyUnderperformUpgrade
Sep 26, 2022Raymond JamesStrong BuyUpgrade
Jul 07, 2022Exane BNP ParibasNeutralUpgrade
May 13, 2022Roth CapitalBuyBuyHold

Planet Fitness's last stock rating was published by Morgan Stanley on Oct 29, 2024. The company gave PLNT a "Overweight" rating, the same as its previous rate.

Planet Fitness Financial Forecast

Planet Fitness Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$277.55M$286.46M$222.22M$281.27M$244.39M$224.44M$186.68M$183.64M$154.25M$137.25M$111.88M$133.77M$105.38M
Avg Forecast$405.10M$403.50M$389.20M$352.10M$374.20M$352.70M$359.66M$321.53M$345.46M$318.52M$326.10M$284.75M$324.66M$285.27M$290.17M$249.98M$282.17M$268.18M$251.99M$238.29M$271.48M$234.55M$230.15M$189.96M$177.99M$135.02M$127.56M$122.71M$137.12M$109.02M
High Forecast$462.45M$460.62M$444.30M$401.94M$427.17M$402.62M$410.58M$367.04M$394.36M$363.61M$372.26M$322.16M$333.05M$285.39M$290.17M$250.23M$289.45M$280.60M$287.66M$272.03M$299.20M$234.55M$230.15M$189.96M$177.99M$135.02M$127.56M$122.71M$137.12M$109.02M
Low Forecast$378.28M$376.78M$363.43M$328.79M$349.42M$329.34M$335.85M$300.24M$322.58M$297.43M$304.51M$265.58M$311.60M$285.16M$290.17M$249.73M$273.86M$254.95M$235.30M$222.52M$256.66M$234.55M$230.15M$189.96M$177.99M$135.02M$127.56M$122.71M$137.12M$109.02M
# Analysts5855107558541113774916891277813889133
Surprise %-----------------1.03%1.14%0.93%1.04%1.04%0.98%0.98%1.03%1.14%1.08%0.91%0.98%0.97%

Planet Fitness's average Quarter revenue forecast for Dec 23 based on 9 analysts is $282.17M, with a low forecast of $273.86M, and a high forecast of $289.45M. PLNT's average Quarter revenue forecast represents a 1.66% increase compared to the company's last Quarter revenue of $277.55M (Sep 23).

Planet Fitness EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558541113774916891277813889133
EBITDA-----------------$68.38M$118.30M$92.21M$106.73M$100.83M$87.89M$78.64M$32.95M$60.52M$54.33M$44.65M$51.62M$30.18M
Avg Forecast$152.45M$151.85M$146.47M$132.50M$140.82M$132.73M$135.35M$121.00M$130.00M$119.87M$122.72M$107.16M$122.18M$107.36M$109.20M$75.41M$106.19M$100.92M$94.83M$68.56M$36.24M$85.87M$84.26M$62.32M$65.17M$49.43M$46.70M$59.22M$50.20M$39.91M
High Forecast$174.03M$173.34M$167.20M$151.26M$160.75M$151.52M$154.51M$138.13M$148.41M$136.83M$140.09M$121.24M$125.34M$107.40M$109.20M$90.49M$108.93M$105.60M$108.25M$82.27M$43.49M$85.87M$84.26M$74.79M$65.17M$49.43M$46.70M$71.07M$50.20M$39.91M
Low Forecast$142.35M$141.79M$136.77M$123.73M$131.50M$123.94M$126.39M$112.99M$121.40M$111.93M$114.59M$99.95M$117.26M$107.31M$109.20M$60.33M$103.06M$95.94M$88.55M$54.85M$28.99M$85.87M$84.26M$49.86M$65.17M$49.43M$46.70M$47.38M$50.20M$39.91M
Surprise %-----------------0.68%1.25%1.35%2.95%1.17%1.04%1.26%0.51%1.22%1.16%0.75%1.03%0.76%

9 analysts predict PLNT's average Quarter EBITDA for Dec 23 to be $106.19M, with a high of $108.93M and a low of $103.06M. This is 55.28% upper than Planet Fitness's previous annual EBITDA (Sep 23) of $68.38M.

Planet Fitness Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558541113774916891277813889133
Net Income-----------------$39.13M$41.13M$22.70M$33.68M$26.91M$22.34M$16.46M$6.46M$17.44M$14.01M$5.58M$8.69M$-3.11M
Avg Forecast$85.58M$83.88M$81.34M$76.26M$74.93M$73.10M$77.55M$64.02M$64.89M$61.95M$66.97M$54.10M$52.24M$48.87M$55.86M$16.23M$49.18M$46.31M$46.19M$14.76M$6.31M$32.85M$32.96M$13.42M$22.38M$15.70M$20.02M$7.40M$19.65M$10.45M
High Forecast$101.32M$99.32M$96.31M$90.29M$88.71M$86.55M$91.82M$75.80M$76.83M$73.35M$79.30M$58.26M$53.08M$48.95M$55.87M$19.48M$50.87M$50.52M$54.70M$17.71M$7.58M$32.85M$32.96M$16.10M$22.38M$15.70M$20.02M$8.88M$19.65M$10.45M
Low Forecast$78.21M$76.66M$74.34M$69.69M$68.48M$66.80M$70.88M$58.51M$59.30M$56.62M$61.21M$51.60M$50.55M$48.79M$55.85M$12.99M$46.63M$41.26M$42.22M$11.81M$5.05M$32.85M$32.96M$10.73M$22.38M$15.70M$20.02M$5.92M$19.65M$10.45M
Surprise %-----------------0.85%0.89%1.54%5.33%0.82%0.68%1.23%0.29%1.11%0.70%0.75%0.44%-0.30%

Planet Fitness's average Quarter net income forecast for Dec 23 is $49.18M, with a range of $46.63M to $50.87M. PLNT's average Quarter net income forecast represents a 25.66% increase compared to the company's last Quarter net income of $39.13M (Sep 23).

Planet Fitness SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558541113774916891277813889133
SG&A-----------------$33.29M$32.65M$27.77M$28.68M$27.15M$28.20M$30.83M$27.29M$22.97M$21.79M$22.49M$35.67M$32.51M
Avg Forecast$55.37M$55.15M$53.19M$48.12M$51.14M$48.20M$49.16M$43.94M$47.22M$43.53M$44.57M$38.92M$44.37M$38.99M$39.66M$30.39M$38.56M$36.65M$34.44M$27.63M$30.02M$32.83M$32.22M$25.12M$24.91M$18.90M$17.85M$29.83M$19.19M$15.26M
High Forecast$63.20M$62.95M$60.72M$54.93M$58.38M$55.03M$56.12M$50.16M$53.90M$49.70M$50.88M$44.03M$45.52M$39.01M$39.66M$36.47M$39.56M$38.35M$39.32M$33.16M$36.03M$32.83M$32.22M$30.14M$24.91M$18.90M$17.85M$35.79M$19.19M$15.26M
Low Forecast$51.70M$51.50M$49.67M$44.94M$47.76M$45.01M$45.90M$41.03M$44.09M$40.65M$41.62M$36.30M$42.59M$38.97M$39.66M$24.31M$37.43M$34.84M$32.16M$22.10M$24.02M$32.83M$32.22M$20.09M$24.91M$18.90M$17.85M$23.86M$19.19M$15.26M
Surprise %-----------------0.91%0.95%1.00%0.96%0.83%0.88%1.23%1.10%1.22%1.22%0.75%1.86%2.13%

Planet Fitness's average Quarter SG&A projection for Dec 23 is $38.56M, based on 9 Wall Street analysts, with a range of $37.43M to $39.56M. The forecast indicates a 15.84% rise compared to PLNT last annual SG&A of $33.29M (Sep 23).

Planet Fitness EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5855107558541113774916891277813889133
EPS-----------------$0.46$0.49$0.27$0.40$0.32$0.26$0.20$0.08$0.21$0.17$0.07$0.11$-0.04
Avg Forecast$1.01$0.99$0.96$0.90$0.88$0.86$0.92$0.76$0.77$0.73$0.79$0.64$0.62$0.58$0.66$0.51$0.58$0.55$0.55$0.46$0.47$0.38$0.38$0.27$0.26$0.18$0.23$0.19$0.23$0.12
High Forecast$1.20$1.17$1.14$1.07$1.05$1.02$1.08$0.89$0.91$0.87$0.94$0.69$0.63$0.58$0.66$0.52$0.60$0.60$0.65$0.55$0.53$0.38$0.38$0.27$0.26$0.18$0.23$0.19$0.23$0.12
Low Forecast$0.92$0.90$0.88$0.82$0.81$0.79$0.84$0.69$0.70$0.67$0.72$0.61$0.60$0.58$0.66$0.51$0.55$0.49$0.50$0.42$0.44$0.38$0.38$0.27$0.26$0.18$0.23$0.19$0.23$0.12
Surprise %-----------------0.84%0.90%0.58%0.85%0.85%0.69%0.74%0.30%1.16%0.74%0.37%0.49%-0.33%

According to 9 Wall Street analysts, Planet Fitness's projected average Quarter EPS for Dec 23 is $0.58, with a low estimate of $0.55 and a high estimate of $0.60. This represents a 26.18% increase compared to PLNT previous annual EPS of $0.46 (Sep 23).

Planet Fitness Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HASHasbro$58.55$92.5057.98%Buy
JAKKJAKKS Pacific$29.87$43.5045.63%Buy
MSGEMadison Square Garden Entertainment$36.17$48.0032.71%Buy
FUNSix Flags Entertainment$45.02$55.1722.55%Buy
MATMattel$18.78$21.3313.58%Buy
LTHLife Time Group$29.32$30.674.60%Hold
FNKOFunko$13.85$14.333.47%Buy
XPOFXponential Fitness$16.90$16.75-0.89%Buy
PLNTPlanet Fitness$107.51$86.71-19.35%Buy
GOLFAcushnet$65.88$52.67-20.05%Buy

PLNT Forecast FAQ

Is Planet Fitness a good buy?

Yes, according to 13 Wall Street analysts, Planet Fitness (PLNT) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 10 'Buy' recommendations, accounting for 84.62% of PLNT's total ratings.

What is PLNT's price target?

Planet Fitness (PLNT) average price target is $86.71 with a range of $71 to $100, implying a -19.35% from its last price of $107.51. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Planet Fitness stock go up soon?

According to Wall Street analysts' prediction for PLNT stock, the company can go down by -19.35% (from the last price of $107.51 to the average price target of $86.71), down by -6.99% based on the highest stock price target, and down by -33.96% based on the lowest stock price target.

Can Planet Fitness stock reach $200?

PLNT's average twelve months analyst stock price target of $86.71 does not support the claim that Planet Fitness can reach $200 in the near future.

What are Planet Fitness's analysts' financial forecasts?

Planet Fitness's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.41B (high $1.61B, low $1.31B), average EBITDA is $529.9M (high $604.91M, low $494.81M), average net income is $289.59M (high $342.89M, low $264.66M), average SG&A $192.45M (high $219.69M, low $179.7M), and average EPS is $3.42 (high $4.05, low $3.12). PLNT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.55B (high $1.77B, low $1.45B), average EBITDA is $583.26M (high $665.83M, low $544.64M), average net income is $327.05M (high $387.24M, low $298.9M), average SG&A $211.83M (high $241.82M, low $197.8M), and average EPS is $3.86 (high $4.57, low $3.53).

Did the PLNT's actual financial results beat the analysts' financial forecasts?

Based on Planet Fitness's last annual report (Dec 2022), the company's revenue was $936.77M, beating the average analysts forecast of $926.14M by 1.15%. Apple's EBITDA was $374.09M, beating the average prediction of $268.7M by 39.22%. The company's net income was $99.4M, beating the average estimation of $85.54M by 16.21%. Apple's SG&A was $114.85M, missing the average forecast of $120.18M by -4.44%. Lastly, the company's EPS was $1.18, missing the average prediction of $1.5 by -21.33%. In terms of the last quarterly report (Sep 2023), Planet Fitness's revenue was $277.55M, beating the average analysts' forecast of $268.18M by 3.49%. The company's EBITDA was $68.38M, missing the average prediction of $100.92M by -32.25%. Planet Fitness's net income was $39.13M, missing the average estimation of $46.31M by -15.50%. The company's SG&A was $33.29M, missing the average forecast of $36.65M by -9.18%. Lastly, the company's EPS was $0.46, missing the average prediction of $0.547 by -15.84%