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

OverviewForecast
EarningsDividendOwnership

Analyst price target for PLNT

Based on 10 analysts offering 12 month price targets for Planet Fitness Inc.
Min Forecast
$66.00-11.37%
Avg Forecast
$90.60+21.66%
Max Forecast
$105.00+41%

Should I buy or sell PLNT stock?

Based on 10 analysts offering ratings for Planet Fitness Inc.
Strong Buy
Strong Buy
6 analysts 60%
Buy
3 analysts 30%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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
Cowen & Co.
Bottom 8%
8
BuyMaintains$92.00+23.54%2023-02-27
Morgan Stanley
Top 29%
72
Strong BuyMaintains$93.00+24.88%2023-02-27
Raymond James
Bottom 3%
3
Strong BuyMaintains$95.00+27.57%2023-02-24
Baird
Top 9%
92
BuyMaintains$105.00+41.00%2023-02-24
DA Davidson
Top 18%
83
HoldReiterates$87.00+16.83%2023-02-24
Morgan Stanley
Top 22%
79
Strong BuyMaintains$92.00+23.54%2023-01-31
Stifel Nicolaus
Top 16%
85
Strong BuyMaintains$93.00+24.88%2023-01-13Find out why
Piper Sandler
Top 7%
94
Strong BuyMaintains$93.00+24.88%2022-12-22Find out why
BMO Capital
Top 4%
97
BuyMaintains$90.00+20.85%2022-11-09
JP Morgan
Top 12%
89
Strong BuyMaintains$66.00-11.37%2022-09-29

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Forecast return on equity

Is PLNT forecast to generate an efficient return?
Company
-116.85%
Industry
-62.66%
Market
51.53%
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
11.22%
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 2 years based on estimates from 11 analysts?
Avg 1 year Forecast
$2.11+78.81%
Avg 2 year Forecast
$2.60+120.34%
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 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.1B+14.86%
Avg 2 year Forecast
$1.2B+26.09%
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
85.2%
Industry
53.72%
Market
77.86%
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
14.86%
Industry
9.84%
Market
25.31%
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$74.47$90.60+21.66%Strong Buy
HAS$49.04$74.22+51.35%Buy
MAT$16.28$25.33+55.61%Strong Buy
BC$77.11$99.92+29.58%Strong Buy
MANU$23.92$17.00-28.93%Strong Buy
View Top Leisure Stocks

Planet Fitness Stock Forecast FAQ

Is Planet Fitness Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: PLNT) stock is to Strong Buy PLNT stock.

Out of 10 analysts, 6 (60%) are recommending PLNT as a Strong Buy, 3 (30%) are recommending PLNT as a Buy, 1 (10%) 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 2023-2024?

(NYSE: PLNT) Planet Fitness's forecast annual earnings growth rate of 85.2% is forecast to beat the US Leisure industry's average forecast earnings growth rate of 53.72%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 77.86%.

Planet Fitness's earnings in 2023 is $99,402,000.On average, 11 Wall Street analysts forecast PLNT's earnings for 2023 to be $188,725,133, with the lowest PLNT earnings forecast at $156,525,584, and the highest PLNT earnings forecast at $209,297,067.

In 2024, PLNT is forecast to generate $232,552,297 in earnings, with the lowest earnings forecast at $218,241,386 and the highest earnings forecast at $245,968,775.

What is PLNT's revenue growth forecast for 2023-2024?

(NYSE: PLNT) Planet Fitness's forecast annual revenue growth rate of 14.86% is forecast to beat the US Leisure industry's average forecast revenue growth rate of 9.84%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.31%.

Planet Fitness's revenue in 2023 is $936,772,000.On average, 8 Wall Street analysts forecast PLNT's revenue for 2023 to be $96,242,930,709, with the lowest PLNT revenue forecast at $94,165,791,485, and the highest PLNT revenue forecast at $98,745,282,864.

In 2024, PLNT is forecast to generate $105,646,003,936 in revenue, with the lowest revenue forecast at $102,304,227,434 and the highest revenue forecast at $108,987,780,438.

What is PLNT's forecast return on assets (ROA) for 2023-2024?

(NYSE: PLNT) forecast ROA is 8.15%, which is lower than the forecast US Leisure industry average of 11.22%.

What is PLNT's Price Target?

According to 10 Wall Street analysts that have issued a 1 year PLNT price target, the average PLNT price target is $90.60, with the highest PLNT stock price forecast at $105.00 and the lowest PLNT stock price forecast at $66.00.

On average, Wall Street analysts predict that Planet Fitness's share price could reach $90.60 by Feb 27, 2024. The average Planet Fitness stock price prediction forecasts a potential upside of 21.66% from the current PLNT share price of $74.47.

What is PLNT's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: PLNT) Planet Fitness's current Earnings Per Share (EPS) is $1.18. 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 2023-2024?

(NYSE: PLNT) forecast ROE is -116.85%, which is considered weak.
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