
Planet Fitness (PLNT) Stock Forecast & Price Target
Planet Fitness (PLNT) Analyst Ratings
Bulls say
Planet Fitness Inc. is positioned for significant growth, with expectations of system-wide comparable sales increasing by approximately 6.5% and revenue projected to grow around 11%. The company is enhancing its franchise development strategy, leading to a 28% increase in the pipeline and a commitment to recruit new owner-operators, which is expected to aid in expanding its network. Additionally, recent performance metrics indicating strong results from a club design overhaul and an uptick in Gen Z membership provide a solid foundation for continued financial improvement, supporting a more optimistic outlook for adjusted EBITDA and earnings per share growth.
Bears say
The analysis presents a negative outlook on Planet Fitness's stock due to several fundamental concerns. First, while the percentage of members citing financial reasons for leaving has decreased, the overall decrease in rejoin rates—declining from 38% in Q3 and 37% in Q4 to mid-30s—suggests potential challenges in member retention and engagement. Additionally, the company's reliance on a limited number of suppliers poses risks that could disrupt operations and negatively impact revenues and profits, alongside competitive pressures that may erode market share and brand recognition, jeopardizing future growth and profitability.
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
Start investing in Planet Fitness (PLNT)
Order type
Buy in
Order amount
Est. shares
0 shares