Northland Starts Xponential Fitness Inc (XPOF) at Market Perform

Northland analyst Owen Rickert initiates coverage on Xponential Fitness Inc (NYSE: XPOF) with a Market Perform rating and a price target of $17.50.

The analyst comments "We are initiating coverage of Xponential Fitness, Inc. with a Market Perform rating and $17.50 PT. Xponential Fitness (NYSE: XPOF) is a leading global franchisor of boutique fitness, health, and wellness brands in the $20B + boutique fitness industry. XPOF currently has eight fitness, health, and wellness brands with 3,178 open global studios as of 9/30/2024. While we like the LT growth prospects, the company is in the midst of a multi-prong turnaround that will require some time."

For an analyst ratings summary and ratings history on Xponential Fitness Inc click here. For more ratings news on Xponential Fitness Inc click here.

Shares of Xponential Fitness Inc closed at $16.42 yesterday.

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