Added to YB: 2026-10-16
Pitch date: 2026-10-13
PLNT [bullish]
Planet Fitness, Inc.
+4.53%
current return
Author Info
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Company Info
Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand.
Market Cap
$3.6B
Pitch Price
$47.27
Price Target
65.00 (+32%)
Dividend
N/A
EV/EBITDA
8.94
P/E
16.14
EV/Sales
4.69
Sector
Hotels, Restaurants and Leisure
Category
growth
Consumer Spec - Pre Market Wrap - PLNT: KEYBANC SIZES GLP-1 TAILWIND, REITERATES OW, PT 65
PLNT (quick overview): Planet Fitness could gain roughly $100M of incremental adjusted EBITDA by 2030 as cheaper, more accessible GLP-1 drugs expand adoption among its core sub-$50K-income customers; KeyBanc reiterates Overweight and a $65 target versus $47.89. Its illustrative model assumes 18% annual GLP-1 patient growth and strong gym conversion, while 1Q27 net member joins remain the critical proof point.
Read full article (1 min)