Name of opportunity: 👀
Xponential Fitness INC-A
Skyrocketing growth 🚀
On Friday, Xponential Fitness shared its Q3 financial results for 2024. With a reported revenue of $80.5 million, this might be why we’ve seen a surge of growth for this stock in the past day. Xponential Fitness INC-A has seen a surge in growth, going up 31.73% in the past week alone.
Performing well with consistent revenue growth, analysts might currently recommend this stock as a moderate buy.
How hot is this investment opportunity? 🔥🔥🔥
Check out the Xponential Fitness INC-A page in our investing app, Nemo Money. Analysts predict the price of Xponential Fitness INC-A might increase from $16.40 to $20.44 in the next 12 months. If you invested $1000, you might profit $246.61.
One reason why Xponential Fitness INC-A stock may be rising is as mentioned before, due to the recent Q3 financial results being released. With this company doing consistently well and revenue slightly increasing from 2023 to now, this company’s stock might keep rising in the next 12 months, analysts predict.
More about Xponential Fitness 💪
Xponential Fitness, Inc. is a leading global franchisor of boutique and fitness brands headquartered in Irvine, California, US. The company offers a diversified platform of several brands that include fitness activities such as pilates, barre, stretching, rowing, dancing, boxing, yoga, and running, indoor cycling, and functional training.
Earlier this year, Xponential Fitness INC-A saw a surge in price after the company elected a new CEO. This stock might be continuing to go up over the next 12 months as analysts have predicted.
Which neme?: 🔍
Download Nemo Money to check out Xponential Fitness. If you’re a new user, you can access our registration bonus. We’ll give you 50% of the first $50 you top up with (or 50% of any amount up to that).
