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NYSE: PLNT
Planet Fitness Inc Stock Forecast, Predictions & Price Target

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Analyst price target for PLNT

Based on 8 analysts offering 12 month price targets for Planet Fitness Inc.
Min Forecast
$66.00+14.46%
Avg Forecast
$89.75+55.65%
Max Forecast
$130.00+125.46%

Should I buy or sell PLNT stock?

Based on 8 analysts offering ratings for Planet Fitness Inc.
Strong Buy
Strong Buy
6 analysts 75%
Buy
1 analysts 12.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PLNT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 11%
90
Strong BuyMaintains$66.00+14.46%2022-09-29
Raymond James
Bottom 3%
3
Strong BuyUpgrades$70.00+21.40%2022-09-26
Stifel Nicolaus
Top 19%
82
Strong BuyMaintains$82.00+42.21%2022-09-08
Morgan Stanley
Bottom 49%
49
Strong BuyMaintains$93.00+61.29%2022-08-10
DA Davidson
Bottom 17%
17
Strong BuyMaintains$90.00+56.09%2022-05-13
Piper Sandler
Top 8%
93
HoldMaintains$72.00+24.87%2022-05-11
Evercore ISI Group
Bottom 32%
32
BuyInitiates Coverage On$130.00+125.46%2022-03-15
Anonymous
Morgan Stanley
Strong BuyMaintains$101.00+75.16%2021-11-05
Jefferies
Bottom 23%
23
Strong BuyMaintains$115.00+99.45%2021-11-05

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Forecast return on equity

Is PLNT forecast to generate an efficient return?
Company
-126.78%
Industry
8.1%
Market
110.02%
PLNT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PLNT forecast to generate an efficient return on assets?
Company
8.15%
Industry
11.8%
PLNT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PLNT earnings per share forecast

What is PLNT's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.54+110.96%
Avg 2 year Forecast
$2.11+189.04%
Avg 3 year Forecast
$2.60+256.16%
PLNT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PLNT revenue forecast

What is PLNT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$912.6M+21.84%
Avg 2 year Forecast
$1.1B+43.66%
Avg 3 year Forecast
$1.2B+57.69%
PLNT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PLNT earnings growth forecast

How is PLNT forecast to perform vs Leisure companies and vs the US market?
Company
69.4%
Industry
15.71%
Market
19.13%
PLNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PLNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PLNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PLNT revenue growth forecast

How is PLNT forecast to perform vs Leisure companies and vs the US market?
Company
19.13%
Industry
7.07%
Market
8.53%
PLNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PLNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PLNT vs Leisure Stocks

TickerPricePrice TargetUp/downsideConsensus
PLNT$57.66$89.75+55.65%Strong Buy
BC$65.45$105.60+61.34%Strong Buy
MAT$18.94$31.20+64.73%Strong Buy
MODG$19.26$35.67+85.19%Strong Buy
GOLF$43.49$53.17+22.25%Buy

Planet Fitness Stock Forecast FAQ

Is Planet Fitness Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: PLNT) stock is to Strong Buy PLNT stock.

Out of 8 analysts, 6 (75%) are recommending PLNT as a Strong Buy, 1 (12.5%) are recommending PLNT as a Buy, 1 (12.5%) are recommending PLNT as a Hold, 0 (0%) are recommending PLNT as a Sell, and 0 (0%) are recommending PLNT as a Strong Sell.

If you're new to stock investing, here's how to buy Planet Fitness stock.

What is PLNT's earnings growth forecast for 2022-2024?

(NYSE: PLNT) Planet Fitness's forecast annual earnings growth rate of 69.4% is forecast to beat the US Leisure industry's average forecast earnings growth rate of 15.71%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Planet Fitness's earnings in 2022 is $61,989,000.On average, 10 Wall Street analysts forecast PLNT's earnings for 2022 to be $139,199,841, with the lowest PLNT earnings forecast at $136,488,156, and the highest PLNT earnings forecast at $141,007,631. On average, 11 Wall Street analysts forecast PLNT's earnings for 2023 to be $190,721,860, with the lowest PLNT earnings forecast at $158,181,637, and the highest PLNT earnings forecast at $211,511,446.

In 2024, PLNT is forecast to generate $235,012,718 in earnings, with the lowest earnings forecast at $220,550,397 and the highest earnings forecast at $248,571,144.

What is PLNT's revenue growth forecast for 2022-2024?

(NYSE: PLNT) Planet Fitness's forecast annual revenue growth rate of 19.13% is forecast to beat the US Leisure industry's average forecast revenue growth rate of 7.07%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Planet Fitness's revenue in 2022 is $749,013,000.On average, 8 Wall Street analysts forecast PLNT's revenue for 2022 to be $82,489,825,646, with the lowest PLNT revenue forecast at $81,602,743,025, and the highest PLNT revenue forecast at $83,095,977,680. On average, 8 Wall Street analysts forecast PLNT's revenue for 2023 to be $97,261,188,491, with the lowest PLNT revenue forecast at $95,162,072,970, and the highest PLNT revenue forecast at $99,790,015,728.

In 2024, PLNT is forecast to generate $106,763,746,972 in revenue, with the lowest revenue forecast at $103,386,614,212 and the highest revenue forecast at $110,140,879,733.

What is PLNT's forecast return on assets (ROA) for 2022-2024?

(NYSE: PLNT) forecast ROA is 8.15%, which is lower than the forecast US Leisure industry average of 11.8%.

What is PLNT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PLNT price target, the average PLNT price target is $89.75, with the highest PLNT stock price forecast at $130.00 and the lowest PLNT stock price forecast at $66.00.

On average, Wall Street analysts predict that Planet Fitness's share price could reach $89.75 by Sep 29, 2023. The average Planet Fitness stock price prediction forecasts a potential upside of 55.65% from the current PLNT share price of $57.66.

What is PLNT's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: PLNT) Planet Fitness's current Earnings Per Share (EPS) is $0.73. On average, analysts forecast that PLNT's EPS will be $1.54 for 2022, with the lowest EPS forecast at $1.51, and the highest EPS forecast at $1.56. On average, analysts forecast that PLNT's EPS will be $2.11 for 2023, with the lowest EPS forecast at $1.75, and the highest EPS forecast at $2.34. In 2024, PLNT's EPS is forecast to hit $2.60 (min: $2.44, max: $2.75).

What is PLNT's forecast return on equity (ROE) for 2022-2024?

(NYSE: PLNT) forecast ROE is -126.78%, which is considered weak.
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