Planet Fitness Inc (PLNT) Stock Forecast & Predictions

Planet Fitness Inc - Class A PLNT: $84.98

4 Liberty Lane West, Hampton, New Hampshire, US. | Sector: Arts, Entertainment, and Recreation | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$7.20B
  • Change (52 Weeks)50.77%
  • Low (52 Weeks)$45.87
  • Planet Fitness Inc (PLNT) Forecast Based on Technical Analysis

    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Planet Fitness Inc (PLNT) stock price is $84.98 and the 52 weeks low is $45.87, which means the Planet Fitness Inc stock price is up 50.77% in the last 12 months.

    Planet Fitness Inc (PLNT) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that PLNT Stock price might rise further, 25.00% indicating that PLNT Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall PLNT stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Planet Fitness Inc (PLNT) Stock Forecast By Analysts

    On Hold
    Analysts Recommendations for Planet Fitness Inc (PLNT) is based on 22 Institutional Analyst Ratings where 31.82% are on Strong Buy, 31.82% on Moderate Buy, 31.82% remains on Hold, 0.00% are on Moderate Sell and 4.55% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended PLNT stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Planet Fitness Inc.

    Planet Fitness Inc (PLNT) Stock Price Prediction By Analysts

    $86.461.75% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for PLNT set by the institutional analysts is $86.46 where High Estimate is $105.00, Median $91.8 and Low $55.55.

    The average price target for PLNT by Institutional Analysts is $86.46, which is 1.75% Upside from the current price. So according to the Institutional Analysts, PLNT Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Planet Fitness Inc (PLNT) Stock Forecast Based on Investor Sentiment

    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with PLNT stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PLNT and holding their positions hoping for a further rise in the stock price and more profit.

    Planet Fitness Inc (PLNT) Stock Forecast Based on News Sentiment

    Based on 7 articles published Last Week, where 0.00% are Bullish and 100.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked negatively about PLNT, it shows that Planet Fitness Inc had a 100.00% negative news coverage.

    Negative news coverage usually affects short-term price of a stock, so this negative coverage provides an indication that PLNT stock price may go down in the next few weeks.

    Planet Fitness Inc (PLNT) Stock Forecasts By Institutional Analysts

    Piper SandlerNeutralDowngraded
    JP MorganNeutralMaintained
    Cowen & Co.Market PerformDowngraded
    Roth CapitalNeutralMaintained
    DA DavidsonBuyMaintained
    JP MorganNeutralDowngraded
    Exane BNP ParibasUnderperformInitiated
    DA DavidsonBuyMaintained
    Piper SandlerOverweightMaintained
    Raymond JamesMarket PerformDowngraded
    Cowen & Co.OutperformMaintained
    Raymond JamesOutperformMaintained
    DA DavidsonBuyReiterated
    B of A SecuritiesBuyReiterated
    Piper SandlerOverweightMaintained
    DA DavidsonBuyInitiated
    JP MorganOverweightUpgraded
    Raymond JamesOutperformMaintained
    BMO CapitalOutperformInitiated
    Imperial CapitalOutperformMaintained
    Imperial CapitalOutperformUpgraded
    Raymond JamesOutperformInitiated
    JP MorganNeutralDowngraded
    Bank of AmericaBuyMaintained
    Imperial CapitalIn-LineDowngraded
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    DA DavidsonBuyInitiated
    Imperial CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    Imperial CapitalOutperformMaintained
    Imperial CapitalOutperformMaintained
    Imperial CapitalOutperformInitiated
    Roth CapitalBuyInitiated
    Stephens & Co.Equal-WeightInitiated
    Bank of AmericaBuyMaintained
    Cowen & Co.OutperformInitiated

    Planet Fitness Inc (PLNT) Stock Earning Per Share (EPS) Forecast / Estimate

    The average consensus EPS for PLNT is $0.283 with a high estimate of $0.410 and Low of $0.069 for the period 2021-06-30 and based on 17 Institutional Analysts.

    Last Quarter


    The latest average Earning Per Share Estimate for Planet Fitness Inc is $0.28, which is higher than PLNT's last EPS, $0.02. This means that Analysts are expecting Planet Fitness Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Planet Fitness Inc.

    Earning Per Share (EPS) History


    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).