Randal Konik, an analyst from Jefferies, maintained the Buy rating on Xponential Fitness (XPOF – Research Report). The associated price target remains the same with $26.00.
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Randal Konik has given his Buy rating due to a combination of factors that highlight Xponential Fitness’s strategic direction and potential for growth. The company has demonstrated strong leadership with a new team that brings extensive experience and a clear vision for the future. This leadership team is focused on scalable, franchisee-focused growth, which is expected to drive long-term success.
Additionally, Xponential Fitness’s emphasis on its core brands, which contribute significantly to its sales, is a key factor in its growth strategy. The company’s franchisee-first approach aims to enhance franchisee economics and support, which should lead to more stable and organic growth. Furthermore, Xponential Fitness is trading at a discount compared to its peers, suggesting that there is significant upside potential as the company executes its strategic initiatives effectively.
According to TipRanks, Konik is an analyst with an average return of -1.4% and a 42.37% success rate. Konik covers the Consumer Cyclical sector, focusing on stocks such as Nike, Lululemon Athletica, and Xponential Fitness.