Planet Fitness (PLNT) Stock Forecast & Price Prediction

Estimation of the future price movement of Planet Fitness stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $65.14

Concensus $90.08


Low $67.00

Median $90.00

High $130.00

Based on analysts projections #PLNT is expected to experience a positive growth trajectory over the next year.

The current average PLNT price target, as estimated by these analysts, is $90.08.

The predictions for the future PLNT stock price range from a low of $67.00 to a high of $130.00, highlighting the variability of market expectations for PLNT.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

PLNT stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Megan Alexander
Morgan Stanley
March 20, 2024 Buy 79.00 56.91
Chris O\'Cull
Stifel Nicolaus
March 19, 2024 Buy 80.00 56.46
Chris O'Cull
Stifel Nicolaus
October 31, 2023 Sell 65.00 55.76
Linda Bolton Weiser
D.A. Davidson
June 27, 2023 Buy 67.00 67.06
Christopher Carril
RBC Capital
May 19, 2023 Buy 86.00 68.52
Cowen & Co. November 16, 2022 Buy 90.00 74.70
Raymond James November 16, 2022 Buy 92.00 76.71
Morgan Stanley November 14, 2022 Buy 88.00 72.51
D.A. Davidson November 11, 2022 Buy 99.00 72.25
Joseph Altobello
Raymond James
September 26, 2022 Buy 70.00 57.35
Georg Kelly
Roth Capital
May 13, 2022 Buy 95.00 70.50
John Ivankoe
New Street
May 13, 2022 Buy 90.00 72.55
Warren Cheng
Evercore ISI
March 19, 2022 Buy 130.00 86.43
Brian Harbour
Morgan Stanley
January 12, 2022 Buy 106.00 92.62
Linda Bolton Weiser
D.A. Davidson
January 12, 2022 Buy 110.00 92.62
George Kelly
Roth Capital
November 8, 2021 Buy 110.00 95.91
James Hardiman
Citigroup
November 5, 2021 Buy 85.00 95.73
John Heinbockel
Guggenheim
November 4, 2021 Buy 103.00 92.25
Alexander Perry
Bank of America Securities
August 9, 2021 Buy 92.00 74.26
Peter Keith
Piper Sandler
May 7, 2021 Buy 82.00 77.14

Planet Fitness (PLNT) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Planet Fitness is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Neutral

Financial Scores

Updated on: 09/04/2024

Altman Z-Score: 1.5

Piotroski Score: 6.0

ESG Score

Updated on: 09/04/2024

Environmental: 66.6

Social: 72.6

Governance: 68.9

Financial Health

Updated on: 09/04/2024

DCF: Neutral

ROE: Strong Sell

ROA: Buy

Debt to equity ratio: Strong Sell

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Sell

PLNT Discounted Cash Flow

Updated on: 09/04/2024

$71.647
Discounted Cash Flow Value


$65.140
Current Price

PLNT Revenues by Segment

Updated on: 09/04/2024

Corporate Owned Stores Segment
$3,793,930.00
Equipment Segment
$19,090.00
Franchise Segment
$40,740.00

Revenue from Contract with Customer, Excluding Assessed Tax

PLNT Revenues by Region

Updated on: 09/04/2024

UNITED STATES
$2,195,060.00

PLNT Notes Due

Updated on: 09/04/2024

CIKExchangeTitle

There are no data to display

Planet Fitness (PLNT) Social Sentiments

Monitoring bullish and bearish sentiments towards Planet Fitness on Twitter and Stocktwits could help to forecast an upward or downward trend in Planet Fitness stock price.

No social results for PLNT

Analyzing Stock Forecast: Potential Growth Opportunities for Planet Fitness

Planet Fitness, with stock ticker PLNT, is a renowned operator in the leisure sector. It is one of the largest and fastest-growing fitness franchises globally, with over 2000 locations across Canada, United States, Mexico, and Australia. PLNT operates on a franchise model and offers low-cost membership fees to its customers. It provides state-of-the-art cardio and strength training equipment, group classes,...
Looking at its historical trends and future prospects, analysts are optimistic about the company's growth potential. They believe that Planet Fitness has established itself as a leading player in the affordable fitness segment globally by offering a differentiated value proposition to its customers. Through tapping into this market segment successfully with adequate quality control mechanisms put in place for franchisees ensures consistency of values offered around the world.

Given PLNT's outstanding financial performance over recent years plus consistent growth in revenues from recurring monthly fees collected from members along with franchising fees; it's no surprise that analysts hold bullish stock forecast outlook towards the company.

However there is arising threat to possible revenue stream fluctuation of gym owners like planet fitness from home-based workout subscriptions prompted by customer concerns about health risks associated with attending indoor public spaces such as gyms post pandemic.

In conclusion, despite this rising competition and varied consumer preferences considering remote workout subscription services & growth in connected technology wearables used for remote monitoring of personal wellness data; Planet Fitness still remains competitive in providing an affordable premiere facitility aimed at targeting health & wellness inclined people whether beginner or advanced level physical enthusiasts thus bolstering multiple opportunities to evolve global expansion plans. At present time optimal stock forecast indicate potential profit gaining trends making PLNT worth keeping an eye on for any potential short-or-long-term investment opportunities!">Read more

2023 Stock Prediction: Why Leisure Stocks like Planet Fitness are a Promising Investment

The leisure stock market sector includes companies that provide recreational activities and experiences which people use to unwind or enjoy their free time. An example of a company in this sector is Planet Fitness, with the stock ticker symbol LEISURE. Planet Fitness is a popular fitness franchise that operates over 2,000 locations in the United States and other countries. It... Read more