
Planet Fitness (PLNT) Stock Forecast & Price Target
Planet Fitness (PLNT) Analyst Ratings
Bulls say
Planet Fitness Inc. reported that it ended 2024 with 19.7 million members, reflecting a year-over-year increase of 1.0 million, showcasing robust growth in membership. The company experienced impressive revenue growth of 10.3%, surpassing initial guidance, with adjusted EBITDA and net income rising approximately 12% year-over-year, indicating strong operational performance. Additionally, the rise in Black Card penetration to 64% and a modest increase in the blended Average Selling Price (ASP) suggest effective pricing strategies that enhance financial stability and support future growth potential.
Bears say
Planet Fitness Inc. is facing a challenging financial outlook, primarily due to anticipated declines in free cash flow in 2025 driven by substantial capital expenditure growth. Additionally, the company is experiencing disappointing performance across its segments, notably with corporate-owned stores, where revenue fell short of expectations, despite overall profitability from its franchise and equipment segments. Lastly, guidance indicating only 10% total sales and EBITDA growth suggests stagnating margins, raising concerns about the company's ability to effectively manage its operational costs and franchisee economics amid a challenging macroeconomic environment.
This aggregate rating is based on analysts' research of Planet Fitness and is not a guaranteed prediction by Public.com or investment advice.
Planet Fitness (PLNT) Analyst Forecast & Price Prediction
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