Xponential Fitness (XPOF) Receives a Buy from Lake Street

In a report released today, Ryan Meyers from Lake Street maintained a Buy rating on Xponential Fitness (XPOF – Research Report), with a price target of $32.00. The company’s shares closed yesterday at $14.87.

According to TipRanks, Meyers is an analyst with an average return of -6.0% and a 39.68% success rate. Meyers covers the Consumer Cyclical sector, focusing on stocks such as BARK Inc Class A, Karat Packaging Inc, and JJill.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xponential Fitness with a $23.06 average price target.

Based on Xponential Fitness’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $90.2 million and a GAAP net loss of $5.92 million. In comparison, last year the company earned a revenue of $71.27 million and had a GAAP net loss of $247 thousand

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Xponential Fitness (XPOF) Company Description:

Xponential Fitness Inc is a curator of leading boutique fitness brands. Its diversified portfolio of brands includes Club Pilates; CycleBar-indoor cycling brand; StretchLab-one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; STRIDE, a treadmill-based cardio and strength training concept; and Rumble, a boxing-inspired full-body workout.