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Planet Fitness Inc has a consensus price target of $89.96 based on the ratings of 23 analysts. The high is $130 issued by Evercore ISI Group on March 15, 2022. The low is $45 issued by Exane BNP Paribas on October 16, 2023. The 3 most-recent analyst ratings were released by RBC Capital, DA Davidson, and Macquarie on December 17, 2024, November 29, 2024, and November 8, 2024, respectively. With an average price target of $102 between RBC Capital, DA Davidson, and Macquarie, there's an implied 2.76% upside for Planet Fitness Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Planet Fitness (NYSE:PLNT) was reported by RBC Capital on December 17, 2024. The analyst firm set a price target for $120.00 expecting PLNT to rise to within 12 months (a possible 20.89% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for Planet Fitness (NYSE:PLNT) was provided by RBC Capital, and Planet Fitness maintained their outperform rating.
The last upgrade for Planet Fitness Inc happened on June 24, 2024 when TD Cowen raised their price target to $92. TD Cowen previously had a hold for Planet Fitness Inc.
The last downgrade for Planet Fitness Inc happened on November 8, 2024 when Macquarie changed their price target from $91 to $99 for Planet Fitness Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Planet Fitness, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Planet Fitness was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Planet Fitness (PLNT) rating was a maintained with a price target of $110.00 to $120.00. The current price Planet Fitness (PLNT) is trading at is $99.26, which is out of the analyst’s predicted range.
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