Xponential Fitness Undervalued: Analyst On Why Conservative FY26 Targets Are Good News For Investors
Portfolio Pulse from Shivani Kumaresan
B. Riley Securities analyst Jeff Van Sinderen reiterated a Buy rating on Xponential Fitness Inc (XPOF) with a price target of $46. The company provided FY26 operating targets which the analyst believes reflect conservatism by management. XPOF's recent acquisition was BFT in October 2021, and the company is focused on increasing AUV while leveraging support functions at the corporate level. XPOF currently trades at 8x the analyst’s FY24 AEBITDA estimate.
September 07, 2023 | 6:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Xponential Fitness Inc (XPOF) has been given a Buy rating by B. Riley Securities analyst Jeff Van Sinderen with a price target of $46. The company's FY26 targets and recent acquisition of BFT are seen as positive signs.
The analyst's Buy rating and the price target of $46 indicate a positive outlook for XPOF. The company's conservative FY26 targets and recent acquisition of BFT are seen as strategic moves that could drive growth. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100