Xponential Fitness (XPOF)

• Market cap: $447M
• 1 day: 0.29%
• 5 days: -9.96%
• 1 month: -9.90%
• 3 months: 8.64%
• 6 months: -12.13%
• Year to date: 9.33%
• 1 year: 14.77%
• 5 years: 12.90%
• 10 years: 12.90%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: Xponential Fitness Inc is a curator of boutique fitness brands. Its diversified portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, an indoor cycling brand in the United States; StretchLab, a concept offering 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, a franchised yoga brand; 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; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program. Its key revenue source is franchise income.

Employees: 470

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

542% more call options, than puts

Call options by funds: $56.6M | Put options by funds: $8.82M

2.12% more ownership

Funds ownership: 79.88% [Q2] → 81.99% (+2.12%) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 34

9% less funds holding

Funds holding: 124 [Q2] → 113 (-11) [Q3]

17% less capital invested

Capital invested by funds: $394M [Q2] → $327M (-$66.5M) [Q3]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]

33% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 33

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 13% downside
• Avg. target: $16 16% upside
• High target: $20 45% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Stifel Chris O'Cull 68% 1-year accuracy 26 / 38 met price target	45% upside $20	Buy Maintained	11 Nov 2024
Piper Sandler Korinne Wolfmeyer 38% 1-year accuracy 15 / 40 met price target	13% downside $12	Neutral Maintained	8 Nov 2024