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Planet Fitness

PLNTNYSE
$76.50
00.00%
Pre-Market: Jul 19, 4:02 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$130.00
Lowest Price Target1
$45.00
Consensus Price Target1
$84.00

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Planet Fitness (NYSE:PLNT) Stock, Analyst Ratings, Price Targets, Forecasts

Planet Fitness Inc has a consensus price target of $84 based on the ratings of 22 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 Piper Sandler, TD Cowen, and Morgan Stanley on July 11, 2024, June 24, 2024, and June 14, 2024, respectively. With an average price target of $86.67 between Piper Sandler, TD Cowen, and Morgan Stanley, there's an implied 13.29% upside for Planet Fitness Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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May
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Jun
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Jul
Buy
Hold
Sell
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Analyst Rating and Forecast
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4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
TD Cowen
Morgan Stanley
DA Davidson
Jefferies

1calculated from analyst ratings

Analyst Ratings for Planet Fitness

Buy NowGet Alert
07/11/2024Buy Now16.34%Piper Sandler
Peter Keith
$80 → $89MaintainsOverweightGet Alert
06/24/2024Buy Now20.26%TD Cowen
Max Rakhlenko
$66 → $92UpgradeHold → BuyGet Alert
06/14/2024Buy Now3.27%Morgan Stanley
Megan Alexander
$79 → $79MaintainsOverweightGet Alert
06/14/2024Buy Now-18.95%DA Davidson
Linda Bolton Weiser
$62 → $62MaintainsNeutralGet Alert
06/10/2024Buy Now30.72%Jefferies
Randal Konik
$62 → $100UpgradeHold → BuyGet Alert
05/14/2024Buy Now1.96%JP Morgan
Rahul Krotthapalli
$68 → $78UpgradeNeutral → OverweightGet Alert
05/10/2024Buy Now4.58%Raymond James
Joseph Altobello
$75 → $80MaintainsStrong BuyGet Alert
05/10/2024Buy Now0.65%RBC Capital
Christopher Carril
$80 → $77MaintainsOutperformGet Alert
05/10/2024Buy Now15.03%Baird
Jonathan Komp
$80 → $88MaintainsOutperformGet Alert
05/10/2024Buy Now-8.5%Stifel
Chris O'Cull
$80 → $70DowngradeBuy → HoldGet Alert
05/09/2024Buy Now-18.95%DA Davidson
Linda Bolton Weiser
$62 → $62MaintainsNeutralGet Alert
04/01/2024Buy Now3.27%Morgan Stanley
Megan Alexander
$79 → $79ReiteratesOverweight → OverweightGet Alert
03/05/2024Buy Now4.58%RBC Capital
Christopher Carril
$74 → $80MaintainsOutperformGet Alert
02/26/2024Buy Now-5.88%JP Morgan
John Ivankoe
$75 → $72MaintainsNeutralGet Alert
02/23/2024Buy Now3.27%Morgan Stanley
Megan Alexander
$83 → $79MaintainsOverweightGet Alert
02/23/2024Buy Now4.58%Stifel
Chris O'Cull
$85 → $80MaintainsBuyGet Alert
02/05/2024Buy Now-18.95%DA Davidson
Linda Bolton Weiser
→ $62ReiteratesNeutral → NeutralGet Alert
01/19/2024Buy Now11.11%Stifel
Chris O'Cull
$72 → $85MaintainsBuyGet Alert
01/11/2024Buy Now16.34%Piper Sandler
Peter Keith
$88 → $89MaintainsOverweightGet Alert
11/09/2023Buy Now-3.27%Morgan Stanley
Megan Alexander
$65 → $74MaintainsOverweightGet Alert
11/08/2023Buy Now-3.27%RBC Capital
Christopher Carril
$68 → $74MaintainsOutperformGet Alert
11/08/2023Buy Now-4.58%Raymond James
Joseph Altobello
$66 → $73MaintainsStrong BuyGet Alert
10/16/2023Buy Now-41.18%Exane BNP Paribas
Laurent Vasilescu
→ $45UpgradeUnderperform → NeutralGet Alert
09/27/2023Buy Now-18.95%Morgan Stanley
Megan Alexander
→ $62Assumes → OverweightGet Alert
09/19/2023Buy Now-32.03%JP Morgan
John Ivankoe
$70 → $52DowngradeOverweight → NeutralGet Alert
09/18/2023Buy Now-8.5%Guggenheim
John Heinbockel
$80 → $70MaintainsBuyGet Alert
09/18/2023Buy Now-13.73%Raymond James
Joseph Altobello
$87 → $66MaintainsStrong BuyGet Alert
09/18/2023Buy Now-26.8%Jefferies
Randal Konik
$90 → $56DowngradeBuy → HoldGet Alert
09/15/2023Buy Now-28.1%TD Cowen
Max Rakhlenko
$72 → $55DowngradeOutperform → Market PerformGet Alert
08/30/2023Buy Now0.65%Macquarie
Paul Golding
$85 → $77MaintainsOutperformGet Alert
08/08/2023Buy Now-5.88%TD Cowen
Max Rakhlenko
$80 → $72MaintainsOutperformGet Alert
08/04/2023Buy Now9.8%Morgan Stanley
Kristine Liwag
$88 → $84MaintainsOverweightGet Alert
08/04/2023Buy Now-13.73%DA Davidson
Linda Bolton Weiser
$67 → $66MaintainsNeutralGet Alert
08/04/2023Buy Now4.58%B of A Securities
Rafe Jadrosich
$95 → $80MaintainsBuyGet Alert
08/04/2023Buy Now1.96%RBC Capital
Christopher Carril
$86 → $78MaintainsOutperformGet Alert
08/04/2023Buy Now13.73%Baird
Jonathan Komp
$95 → $87MaintainsOutperformGet Alert
06/23/2023Buy Now-25.49%Exane BNP Paribas
Laurent Vasilescu
→ $57DowngradeNeutral → UnderperformGet Alert
06/14/2023Buy Now7.19%Stifel
Chris O'Cull
$78 → $82MaintainsBuyGet Alert
05/19/2023Buy Now12.42%RBC Capital
Christopher Carril
→ $86Initiates → OutperformGet Alert
05/08/2023Buy Now-12.42%DA Davidson
Linda Bolton Weiser
$87 → $67MaintainsNeutralGet Alert
05/05/2023Buy Now11.11%Macquarie
Paul Golding
$95 → $85MaintainsOutperformGet Alert
05/05/2023Buy Now15.03%Morgan Stanley
Kristine Liwag
$93 → $88MaintainsOverweightGet Alert
05/05/2023Buy Now13.73%Raymond James
Joseph Altobello
$95 → $87MaintainsStrong BuyGet Alert
05/05/2023Buy Now1.96%Stifel
Chris O'Cull
$93 → $78MaintainsBuyGet Alert
05/05/2023Buy Now25.49%Piper Sandler
Peter Keith
$98 → $96MaintainsOverweightGet Alert
05/05/2023Buy Now24.18%Baird
Jonathan Komp
$105 → $95MaintainsOutperformGet Alert
04/10/2023Buy Now28.1%Piper Sandler
Peter Keith
$96 → $98MaintainsOverweightGet Alert
02/27/2023Buy Now20.26%Cowen & Co.
Max Rakhlenko
$90 → $92MaintainsOutperformGet Alert
02/27/2023Buy Now21.57%Morgan Stanley
Kristine Liwag
$92 → $93MaintainsOverweightGet Alert
02/24/2023Buy Now24.18%Raymond James
Joseph Altobello
$92 → $95MaintainsStrong BuyGet Alert
02/24/2023Buy Now37.25%Baird
Jonathan Komp
$100 → $105MaintainsOutperformGet Alert
02/24/2023Buy Now13.73%DA Davidson
Linda Bolton Weiser
→ $87Reiterates → NeutralGet Alert
02/16/2023Buy Now13.73%DA Davidson
Linda Bolton Weiser
→ $87DowngradeBuy → NeutralGet Alert
01/31/2023Buy Now20.26%Morgan Stanley
Brian Harbour
$88 → $92MaintainsOverweightGet Alert
01/13/2023Buy Now21.57%Stifel
Chris O'Cull
$82 → $93MaintainsBuyGet Alert
01/11/2023Buy Now30.72%Baird
Jonathan Komp
$95 → $100MaintainsOutperformGet Alert
12/22/2022Buy Now21.57%Piper Sandler
Peter Keith
$79 → $93MaintainsOverweightGet Alert
11/16/2022Buy Now17.65%Cowen & Co.
Max Rakhlenko
$80 → $90MaintainsOutperformGet Alert
11/16/2022Buy Now20.26%Raymond James
Joseph Altobello
$84 → $92MaintainsStrong BuyGet Alert
11/14/2022Buy Now15.03%Morgan Stanley
Brian Harbour
$93 → $88MaintainsOverweightGet Alert
11/11/2022Buy Now29.41%DA Davidson
Linda Bolton Weiser
$90 → $99MaintainsBuyGet Alert
11/09/2022Buy Now17.65%BMO Capital
Simeon Siegel
$88 → $90MaintainsOutperformGet Alert
11/09/2022Buy Now9.8%Raymond James
Joseph Altobello
$70 → $84MaintainsStrong BuyGet Alert
10/25/2022Buy Now4.58%Cowen & Co.
Max Rakhlenko
$95 → $80MaintainsOutperformGet Alert
10/25/2022Buy Now-8.5%Piper Sandler
Peter Keith
$73 → $70UpgradeNeutral → OverweightGet Alert
09/29/2022Buy Now-13.73%JP Morgan
John Ivankoe
$80 → $66MaintainsOverweightGet Alert
09/26/2022Buy Now-8.5%Raymond James
Joseph Altobello
→ $70UpgradeMarket Perform → Strong BuyGet Alert
09/08/2022Buy Now7.19%Stifel
Chris O'Cull
$85 → $82MaintainsBuyGet Alert
08/10/2022Buy Now21.57%Morgan Stanley
Brian Harbour
$96 → $93MaintainsOverweightGet Alert
05/13/2022Buy Now17.65%DA Davidson
Linda Bolton Weiser
$110 → $90MaintainsBuyGet Alert
05/11/2022Buy Now25.49%Morgan Stanley
Brian Harbour
$106 → $96MaintainsOverweightGet Alert
05/11/2022Buy Now-5.88%Piper Sandler
Peter Keith
$87 → $72MaintainsNeutralGet Alert
05/11/2022Buy Now17.65%JP Morgan
John Ivankoe
→ $90UpgradeNeutral → OverweightGet Alert
03/15/2022Buy Now69.93%Evercore ISI Group
Warren Cheng
→ $130Initiates → OutperformGet Alert
01/12/2022Buy Now43.79%DA Davidson
Linda Bolton Weiser
$105 → $110MaintainsBuyGet Alert
01/12/2022Buy Now38.56%Morgan Stanley
Brian Harbour
$101 → $106MaintainsOverweightGet Alert
12/17/2021Buy Now15.03%JP Morgan
John Ivankoe
MaintainsNeutralGet Alert
11/05/2021Buy Now32.03%Morgan StanleyMaintainsOverweightGet Alert
11/05/2021Buy Now50.33%Jefferies
Randal Konik
MaintainsBuyGet Alert
11/05/2021Buy Now37.25%DA Davidson
Linda Bolton Weiser
MaintainsBuyGet Alert
08/24/2021Buy Now21.57%Morgan StanleyInitiates → OverweightGet Alert
08/16/2021Buy Now30.72%Roth Capital
George Kelly
UpgradeNeutral → BuyGet Alert
08/10/2021Buy Now11.11%DA Davidson
Linda Bolton Weiser
MaintainsBuyGet Alert
08/03/2021Buy Now11.11%Stifel
Chris O'Cull
UpgradeHold → BuyGet Alert

FAQ

Q

What is the target price for Planet Fitness (PLNT) stock?

A

The latest price target for Planet Fitness (NYSE:PLNT) was reported by Piper Sandler on July 11, 2024. The analyst firm set a price target for $89.00 expecting PLNT to rise to within 12 months (a possible 16.34% upside). 36 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Planet Fitness (PLNT)?

A

The latest analyst rating for Planet Fitness (NYSE:PLNT) was provided by Piper Sandler, and Planet Fitness maintained their overweight rating.

Q

When was the last upgrade for Planet Fitness (PLNT)?

A

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.

Q

When was the last downgrade for Planet Fitness (PLNT)?

A

The last downgrade for Planet Fitness Inc happened on May 10, 2024 when Stifel changed their price target from $80 to $70 for Planet Fitness Inc.

Q

When is the next analyst rating going to be posted or updated for Planet Fitness (PLNT)?

A

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 July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.

Q

Is the Analyst Rating Planet Fitness (PLNT) correct?

A

While ratings are subjective and will change, the latest Planet Fitness (PLNT) rating was a maintained with a price target of $80.00 to $89.00. The current price Planet Fitness (PLNT) is trading at is $76.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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