$60.44
0[0.00%]
At close: Apr 23
$60.44
0[0.00%]
PreMarket: 4:45PM EDT
Planet Fitness
(NYSE:PLNT)Planet Fitness Stock (NYSE:PLNT), Analyst Ratings, Price Targets, Predictions
Planet Fitness Inc has a consensus price target of $80.67, established from looking at the 74 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, RBC Capital, and JP Morgan on April 1, 2024, March 5, 2024, and February 26, 2024. With an average price target of $77 between Morgan Stanley, RBC Capital, and JP Morgan, there's an implied 27.40% upside for Planet Fitness Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
RBC Capital
JP Morgan
Stifel
DA Davidson
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Planet Fitness
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/01/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 30.71% | Morgan Stanley | Megan Alexander | $79 → $79 | Reiterates | Overweight → Overweight | Get Alert |
| 03/05/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 32.36% | RBC Capital | Christopher Carril | $74 → $80 | Maintains | Outperform | Get Alert |
| 02/26/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 19.13% | JP Morgan | John Ivankoe | $75 → $72 | Maintains | Neutral | Get Alert |
| 02/23/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 30.71% | Morgan Stanley | Megan Alexander | $83 → $79 | Maintains | Overweight | Get Alert |
| 02/23/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 32.36% | Stifel | Chris O'Cull | $85 → $80 | Maintains | Buy | Get Alert |
| 02/05/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 2.58% | DA Davidson | Linda Bolton Weiser | → $62 | Reiterates | Neutral → Neutral | Get Alert |
| 01/19/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 40.64% | Stifel | Chris O'Cull | $72 → $85 | Maintains | Buy | Get Alert |
| 01/11/2024 | PLNT | Buy Now | Planet Fitness | $60.44 | 47.25% | Piper Sandler | Peter Keith | $88 → $89 | Maintains | Overweight | Get Alert |
| 11/09/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 22.44% | Morgan Stanley | Megan Alexander | $65 → $74 | Maintains | Overweight | Get Alert |
| 11/08/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 22.44% | RBC Capital | Christopher Carril | $68 → $74 | Maintains | Outperform | Get Alert |
| 11/08/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 20.78% | Raymond James | Joseph Altobello | $66 → $73 | Maintains | Strong Buy | Get Alert |
| 10/16/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | -25.55% | Exane BNP Paribas | Laurent Vasilescu | → $45 | Upgrade | Underperform → Neutral | Get Alert |
| 09/27/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 2.58% | Morgan Stanley | Megan Alexander | → $62 | Assumes | → Overweight | Get Alert |
| 09/19/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | -13.96% | JP Morgan | John Ivankoe | $70 → $52 | Downgrade | Overweight → Neutral | Get Alert |
| 09/18/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 15.82% | Guggenheim | John Heinbockel | $80 → $70 | Maintains | Buy | Get Alert |
| 09/18/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 9.2% | Raymond James | Joseph Altobello | $87 → $66 | Maintains | Strong Buy | Get Alert |
| 09/18/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | -7.35% | Jefferies | Randal Konik | $90 → $56 | Downgrade | Buy → Hold | Get Alert |
| 09/15/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | -9% | TD Cowen | Max Rakhlenko | $72 → $55 | Downgrade | Outperform → Market Perform | Get Alert |
| 08/30/2023 | PLNT | Buy Now | Planet Fitness | $60.44 | 27.4% | Macquarie | Paul Golding | $85 → $77 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Planet Fitness (PLNT)?
The latest price target for Planet Fitness (NYSE: PLNT) was reported by Morgan Stanley on April 1, 2024. The analyst firm set a price target for $79.00 expecting PLNT to rise to within 12 months (a possible 30.71% upside). 35 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Planet Fitness (PLNT)?
The latest analyst rating for Planet Fitness (NYSE: PLNT) was provided by Morgan Stanley, and Planet Fitness reiterated their overweight rating.
When was the last upgrade for Planet Fitness (PLNT)?
The last upgrade for Planet Fitness Inc happened on October 16, 2023 when Exane BNP Paribas raised their price target to $45. Exane BNP Paribas previously had an underperform for Planet Fitness Inc.
When was the last downgrade for Planet Fitness (PLNT)?
The last downgrade for Planet Fitness Inc happened on September 19, 2023 when JP Morgan changed their price target from $70 to $52 for Planet Fitness Inc.
When is the next analyst rating going to be posted or updated for Planet Fitness (PLNT)?
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 April 1, 2024 so you should expect the next rating to be made available sometime around April 1, 2025.
Is the Analyst Rating Planet Fitness (PLNT) correct?
While ratings are subjective and will change, the latest Planet Fitness (PLNT) rating was a reiterated with a price target of $79.00 to $79.00. The current price Planet Fitness (PLNT) is trading at is $60.44, which is out of the analyst’s predicted range.
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