First Time Loading...

Planet Fitness Inc
NYSE:PLNT

Watchlist Manager
Planet Fitness Inc Logo
Planet Fitness Inc
NYSE:PLNT
Watchlist
Price: 60.07 USD -0.33% Market Closed
Updated: Apr 30, 2024

Wall Street
Price Targets

PLNT Price Targets Summary
Planet Fitness Inc

Wall Street analysts forecast PLNT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PLNT is 76.76 USD with a low forecast of 55.55 USD and a high forecast of 105 USD.

Lowest
Price Target
55.55 USD
8% Downside
Average
Price Target
76.76 USD
28% Upside
Highest
Price Target
105 USD
75% Upside

PLNT Last Price Targets
Planet Fitness Inc

The latest public price target was made on Mar 20, 2024 by Megan Alexander from Morgan Stanley , who expects PLNT stock to rise by 32% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Megan Alexander
Morgan Stanley
79 USD
Upside 32%
1 month ago
Mar 20, 2024
Morgan Stanley Defending Planet Fitness (PLNT): 'buyers on weakness'
StreetInsider
Chris O\'Cull
Stifel Nicolaus
80 USD
Upside 33%
1 month ago
Mar 19, 2024
Stifel Reiterates Buy Rating on Planet Fitness (PLNT)
StreetInsider
Chris O'Cull
Stifel Nicolaus
65 USD
Upside 8%
5 months ago
Oct 31, 2023
Planet Fitness Faces Unmet Commitment For Unit Openings Given The Macro Climate, Says Analyst
Benzinga
Linda Bolton Weiser
D.A. Davidson
67 USD
Upside 12%
10 months ago
Jun 27, 2023
Despite High Post-COVID Operating Costs, Planet Fitness Development Has Not Slowed, Says Analyst
Benzinga
Christopher Carril
RBC Capital
86 USD
Upside 43%
11 months ago
May 19, 2023
Planet Fitness Is Poised For Sustainable Growth, Says Bullish Analyst
Benzinga
Megan Alexander
Morgan Stanley
Price Target 79 USD
Upside/Downside 32%
View Source
Chris O\'Cull
Stifel Nicolaus
Price Target 80 USD
Upside/Downside 33%
View Source
Chris O'Cull
Stifel Nicolaus
Price Target 65 USD
Upside/Downside 8%
View Source
Linda Bolton Weiser
D.A. Davidson
Price Target 67 USD
Upside/Downside 12%
View Source
Christopher Carril
RBC Capital
Price Target 86 USD
Upside/Downside 43%
View Source
Planet Fitness Inc Competitors:
Price Targets
CEH
Coast Entertainment Holdings Ltd
22% Upside
4343
Aeon Fantasy Co Ltd
79% Upside
002159
Wuhan Sante Cableway Group Co Ltd
11% Upside
BOWL
Bowlero Corp
68% Upside
300144
Songcheng Performance Development Co Ltd
49% Upside
MTN
Vail Resorts Inc
27% Upside
SKIS B
SkiStar AB
11% Upside
LTH
Life Time Group Holdings Inc
52% Upside

Revenue
Forecast

Revenue Estimate
Planet Fitness Inc

For the last 8 years the compound annual growth rate for Planet Fitness Inc's revenue is 16%. The projected CAGR for the next 3 years is 11%.

16%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Planet Fitness Inc

For the last 8 years the compound annual growth rate for Planet Fitness Inc's operating income is 18%. The projected CAGR for the next 3 years is 19%.

18%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-11%
Average Miss

Net Income
Forecast

Net Income Estimate
Planet Fitness Inc

For the last 8 years the compound annual growth rate for Planet Fitness Inc's net income is 29%. The projected CAGR for the next 3 years is 30%.

29%
Past Growth
30%
Estimated Growth
Estimates Accuracy
-36%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PLNT's stock price target?
Price Target
76.76 USD

According to Wall Street analysts, the average 1-year price target for PLNT is 76.76 USD with a low forecast of 55.55 USD and a high forecast of 105 USD.

What is Planet Fitness Inc's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Planet Fitness Inc's revenue is 16%. The projected CAGR for the next 3 years is 11%.

What is Planet Fitness Inc's Operating Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Planet Fitness Inc's operating income is 18%. The projected CAGR for the next 3 years is 19%.

What is Planet Fitness Inc's Net Income forecast?
Projected CAGR
30%

For the last 8 years the compound annual growth rate for Planet Fitness Inc's net income is 29%. The projected CAGR for the next 3 years is 30%.