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

OverviewForecast
EarningsDividendOwnership

Analyst price target for PLNT

Based on 8 analysts offering 12 month price targets for Planet Fitness Inc.
Min Forecast
$62.00-4.54%
Avg Forecast
$77.13+18.75%
Max Forecast
$89.00+37.03%

Should I buy or sell PLNT stock?

Based on 8 analysts offering ratings for Planet Fitness Inc.
Buy
Strong Buy
3 analysts 37.5%
Buy
2 analysts 25%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PLNT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-05-09
Morgan Stanley
Bottom 15%
15
Strong BuyReiterates$79.00+21.63%2024-04-01
JP Morgan
Top 8%
93
HoldMaintains$72.00+10.85%2024-02-26
Piper Sandler
Top 8%
93
Strong BuyMaintains$89.00+37.03%2024-01-11

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Forecast return on equity

Is PLNT forecast to generate an efficient return?
Company
N/A
Industry
-0.12%
Market
19.67%

Forecast return on assets

Is PLNT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.03%

PLNT revenue forecast

What is PLNT's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$1.1B+4.16%
Avg 2 year Forecast
$1.3B+14.98%
Avg 3 year Forecast
$1.4B+28.08%
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
40.41%
Industry
22.79%
Market
22.7%
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
7.52%
Industry
2.96%
Market
9.04%
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$64.95$77.13+18.75%Buy
MAT$18.66$22.75+21.92%Buy
GOLF$63.97$69.00+7.86%Buy
AS$14.81$18.92+27.77%Strong Buy
YETI$39.67$42.89+8.11%Hold
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 8 Wall Street analysts covering (NYSE: PLNT) stock is to Buy PLNT stock.

Out of 8 analysts, 3 (37.5%) are recommending PLNT as a Strong Buy, 2 (25%) are recommending PLNT as a Buy, 3 (37.5%) 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 revenue growth forecast for 2024-2026?

(NYSE: PLNT) Planet Fitness's forecast annual revenue growth rate of 7.52% is forecast to beat the US Leisure industry's average forecast revenue growth rate of 2.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.04%.

Planet Fitness's revenue in 2024 is $1,097,117,000.On average, 9 Wall Street analysts forecast PLNT's revenue for 2024 to be $100,763,936,974, with the lowest PLNT revenue forecast at $99,730,827,885, and the highest PLNT revenue forecast at $102,566,675,299. On average, 9 Wall Street analysts forecast PLNT's revenue for 2025 to be $111,238,231,103, with the lowest PLNT revenue forecast at $108,504,671,718, and the highest PLNT revenue forecast at $114,236,328,493.

In 2026, PLNT is forecast to generate $123,910,042,439 in revenue, with the lowest revenue forecast at $118,582,687,915 and the highest revenue forecast at $129,670,357,498.

What is PLNT's forecast return on assets (ROA) for 2024-2026?

(NYSE: PLNT) forecast ROA is N/A, which is lower than the forecast US Leisure industry average of 0.03%.

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 $77.13, with the highest PLNT stock price forecast at $89.00 and the lowest PLNT stock price forecast at $62.00.

On average, Wall Street analysts predict that Planet Fitness's share price could reach $77.13 by May 10, 2025. The average Planet Fitness stock price prediction forecasts a potential upside of 18.75% from the current PLNT share price of $64.95.

What is PLNT's forecast return on equity (ROE) for 2024-2026?

(NYSE: PLNT) forecast ROE is N/A, which is considered weak.
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