WallStreetZenWallStreetZen

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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for PLNT

Based on 14 analysts offering 12 month price targets for Planet Fitness Inc

Min Forecast
$71.00-29.18%
Avg Forecast
$92.64-7.6%
Max Forecast
$110.00+9.71%

Should I buy or sell PLNT stock?

Based on 14 analysts offering ratings for Planet Fitness Inc.

Strong Buy
Strong Buy
7 analysts 50%
Buy
3 analysts 21.43%
Hold
4 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although PLNT's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates PLNT as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their PLNT stock forecasts and price targets.

PLNT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-29
lockedlocked$00.00+00.00%2024-11-08
lockedlocked$00.00+00.00%2024-11-08
lockedlocked$00.00+00.00%2024-11-08
lockedlocked$00.00+00.00%2024-11-08
Macquarie
Top 11%
90
HoldDowngrades$99.00-1.26%2024-11-08
Morgan Stanley
Top 24%
77
Strong BuyMaintains$89.00-11.23%2024-10-29
Stifel Nicolaus
Top 5%
96
HoldMaintains$75.00-25.19%2024-10-16
Deutsche Bank
Top 38%
63
HoldInitiates Coverage On$71.00-29.18%2024-09-27Find out why
Bank of America
Top 13%
88
Strong BuyMaintains$100.00-0.26%2024-09-06Find out why

1 of 2

Forecast return on equity

Is PLNT forecast to generate an efficient return?

Company
-121.42%
Industry
-25.4%
Market
69.92%
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
10.6%
Industry
8.82%
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 12 analysts?

Avg 1 year Forecast
$2.50+34.53%
Avg 2 year Forecast
$2.93+57.3%
Avg 3 year Forecast
$3.42+83.87%
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 10 analysts?

Avg 1 year Forecast
$1.2B+3.55%
Avg 2 year Forecast
$1.3B+13.95%
Avg 3 year Forecast
$1.4B+26.03%
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
22.19%
Industry
7.54%
Market
17.17%
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
7.86%
Industry
3.31%
Market
8.75%
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$100.26$92.64-7.60%Strong Buy
HAS$64.05$84.00+31.15%Strong Buy
MAT$19.32$24.00+24.22%Buy
LTH$23.13$27.00+16.73%Buy
FUN$46.60$56.39+21.00%Strong Buy
View Top Leisure Stocks

Planet Fitness Stock Forecast FAQ

Is Planet Fitness Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: PLNT) stock is to Strong Buy PLNT stock.

Out of 14 analysts, 7 (50%) are recommending PLNT as a Strong Buy, 3 (21.43%) are recommending PLNT as a Buy, 4 (28.57%) 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 2024-2026?

(NYSE: PLNT) Planet Fitness's forecast annual earnings growth rate of 22.19% is forecast to beat the US Leisure industry's average forecast earnings growth rate of 7.54%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.17%.

Planet Fitness's earnings in 2024 is $160,298,000.On average, 12 Wall Street analysts forecast PLNT's earnings for 2024 to be $211,670,681, with the lowest PLNT earnings forecast at $209,792,698, and the highest PLNT earnings forecast at $213,176,452. On average, 12 Wall Street analysts forecast PLNT's earnings for 2025 to be $247,496,168, with the lowest PLNT earnings forecast at $236,862,724, and the highest PLNT earnings forecast at $255,473,367.

In 2026, PLNT is forecast to generate $289,310,899 in earnings, with the lowest earnings forecast at $284,235,269 and the highest earnings forecast at $298,616,220.

What is PLNT's revenue growth forecast for 2024-2026?

(NYSE: PLNT) Planet Fitness's forecast annual revenue growth rate of 7.86% is forecast to beat the US Leisure industry's average forecast revenue growth rate of 3.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.75%.

Planet Fitness's revenue in 2024 is $1,126,290,000.On average, 10 Wall Street analysts forecast PLNT's revenue for 2024 to be $98,657,469,644, with the lowest PLNT revenue forecast at $97,680,495,501, and the highest PLNT revenue forecast at $99,500,954,723. On average, 10 Wall Street analysts forecast PLNT's revenue for 2025 to be $108,565,014,419, with the lowest PLNT revenue forecast at $104,760,999,072, and the highest PLNT revenue forecast at $110,496,460,746.

In 2026, PLNT is forecast to generate $120,077,388,744 in revenue, with the lowest revenue forecast at $119,774,712,020 and the highest revenue forecast at $120,469,650,334.

What is PLNT's forecast return on assets (ROA) for 2024-2027?

(NYSE: PLNT) forecast ROA is 10.6%, which is higher than the forecast US Leisure industry average of 8.82%.

What is PLNT's Price Target?

According to 14 Wall Street analysts that have issued a 1 year PLNT price target, the average PLNT price target is $92.64, with the highest PLNT stock price forecast at $110.00 and the lowest PLNT stock price forecast at $71.00.

On average, Wall Street analysts predict that Planet Fitness's share price could fall to $92.64 by Nov 29, 2025. The average Planet Fitness stock price prediction forecasts a potential downside of 7.6% from the current PLNT share price of $100.26.

What is PLNT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: PLNT) Planet Fitness's current Earnings Per Share (EPS) is $1.86. On average, analysts forecast that PLNT's EPS will be $2.50 for 2024, with the lowest EPS forecast at $2.48, and the highest EPS forecast at $2.52. On average, analysts forecast that PLNT's EPS will be $2.93 for 2025, with the lowest EPS forecast at $2.80, and the highest EPS forecast at $3.02. In 2026, PLNT's EPS is forecast to hit $3.42 (min: $3.36, max: $3.53).

What is PLNT's forecast return on equity (ROE) for 2024-2027?

(NYSE: PLNT) forecast ROE is -121.42%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.