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Planet Fitness (PLNT) Stock Forecast & Price Target

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$99.26 +0.08 (+0.08%)
(As of 12/20/2024 05:16 PM ET)

Planet Fitness - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
12

Based on 16 Wall Street analysts who have issued ratings for Planet Fitness in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 4 have given a hold rating, 11 have given a buy rating, and 1 has given a strong buy rating for PLNT.

Consensus Price Target

$94.00
-5.30% Downside
According to the 16 analysts' twelve-month price targets for Planet Fitness, the average price target is $94.00. The highest price target for PLNT is $120.00, while the lowest price target for PLNT is $71.00. The average price target represents a forecasted downside of -5.30% from the current price of $99.26.
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PLNT Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$94.00$91.81$85.93$67.88
Forecasted Upside-5.30% Downside-9.60% Downside4.73% Upside-7.14% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

PLNT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PLNT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Planet Fitness Stock vs. The Competition

TypePlanet FitnessConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.81
2.57
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-5.30% Downside202.28% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent PLNT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$110.00 ➝ $120.00+18.82%
11/29/2024DA Davidson
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$70.00 ➝ $87.00-13.55%
11/8/2024Raymond James
4 of 5 stars
 Boost TargetStrong-Buy ➝ Strong-Buy$92.00 ➝ $110.00+15.70%
11/8/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$80.00 ➝ $90.00-5.90%
11/8/2024Macquarie
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P. Golding
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Reiterated RatingOutperform ➝ Neutral$91.00 ➝ $99.00+5.20%
11/8/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$92.00 ➝ $110.00+16.88%
10/29/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$84.00 ➝ $89.00+9.55%
10/16/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$70.00 ➝ $75.00-8.91%
9/27/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$71.00-14.18%
9/6/2024Bank of America
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 Boost TargetBuy ➝ Buy$95.00 ➝ $100.00+22.96%
9/5/2024BNP Paribas
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L. Vasilescu
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UpgradeNeutral ➝ Outperform$97.00+22.82%
8/7/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$73.00 ➝ $88.00+13.58%
8/7/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$80.00 ➝ $87.00+12.59%
7/11/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$80.00 ➝ $89.00+23.18%
6/24/2024TD Cowen
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M. Rakhlenko
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UpgradeHold ➝ Buy$66.00 ➝ $92.00+26.50%
6/10/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$62.00 ➝ $100.00+46.91%
9/18/2023Guggenheim
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 Lower TargetBuy ➝ Buy$80.00 ➝ $70.00+39.19%
5/5/2023VNET Group
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 Reiterated RatingMaintains
2/27/2023Cowen
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 Boost TargetOutperform$90.00 ➝ $92.00+14.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:01 AM ET.


PLNT Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Planet Fitness is $94.00, with a high forecast of $120.00 and a low forecast of $71.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Fitness in the last twelve months. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLNT shares.

According to analysts, Planet Fitness's stock has a predicted downside of -5.30% based on their 12-month stock forecasts.

Analysts like Planet Fitness more than other "consumer discretionary" companies. The consensus rating score for Planet Fitness is 2.81 while the average consensus rating score for "consumer discretionary" companies is 2.57. Learn more on how PLNT compares to other companies.


This page (NYSE:PLNT) was last updated on 12/22/2024 by MarketBeat.com Staff
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